Welcome to our dedicated page for Barton Gold news (Ticker: BGDFF), a resource for investors and traders seeking the latest updates and insights on Barton Gold stock.
Barton Gold Holdings Limited develops gold and silver assets in the Gawler Craton of South Australia and trades on the ASX, OTCQB and Frankfurt Stock Exchange. Company news centers on exploration and development work across Tunkillia, Challenger, Tarcoola, Wudinna and Tolmer, including drilling programs, assay results, JORC Mineral Resource updates, metallurgical evaluation and technical studies.
Recurring updates also cover the wholly owned Central Gawler Mill, restart planning tied to brownfield mining assets, conference presentations and resource-development strategy. Project announcements frequently discuss gold and silver mineralisation, open-pit and near-surface targets, diamond and reverse-circulation drilling, and study work supporting future mine development.
Barton Gold Holdings (ASX:BGD, FRA:BGD3, OTCQB:BGDFF) has announced that it will be presenting at the Beaver Creek Precious Metals Summit today. The company has attached a presentation that will be delivered at the event. This summit is a significant gathering in the precious metals industry, providing Barton Gold with an opportunity to showcase its projects and strategies to potential investors and industry peers.
The presentation has been authorized by the Managing Director of Barton Gold Holdings For further information, interested parties can contact Alexander Scanlon, the Managing Director, or Shannon Coates, the Company Secretary.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has announced a live webinar hosted by Sharewise on August 12, 2024, to discuss the results of a preliminary Scoping Study at the Tunkillia Gold Project. The study outlines a prospective 5Mtpa bulk open pit mining and processing project with:
- Average annual production of ~130koz Au at an AISC of A$1,917/oz
- A high-grade 'Starter' pit producing ~181,000 oz gold and 420,000 oz silver in the first 18 months
- NPV7.5% of ~A$512m, 40% IRR, and 1.9-year payback period (unlevered, pre-tax)
Barton's MD, Alexander Scanlon, expressed excitement about the project's potential and plans to optimize the Scoping Study over the next 12 months. With over A$10m in cash, the company is well-positioned to advance its strategy.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has announced a live webinar hosted by Sharewise to discuss the results of a preliminary Scoping Study at the Tunkillia Gold Project. The study outlines a prospective 5Mtpa bulk open pit mining and processing project with:
- Average annual production of ~130koz Au at an AISC of A$1,917/oz
- A high-grade 'Starter' pit producing ~181,000 oz payable gold and 420,000 oz payable silver in the first 18 months
- NPV7.5% of ~A$512m, 40% IRR, and 1.9-year payback period (unlevered, pre-tax)
The webinar, scheduled for August 12, 2024, will feature Barton MD Alex Scanlon discussing the study results and ongoing corporate activities. With over A$10m in cash, Barton is well-positioned to advance its strategy and optimize the Tunkillia project.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has completed its drilling program near the Tarcoola Gold Project's Perseverance open pit mine. The program included 9,052m of reverse circulation (RC) drilling across 44 days, testing multiple regional targets. Additionally, 882m of RC drilling was conducted in 10 holes targeting shallow open pit mineralisation, following a recent JORC Mineral Resource Estimate (MRE) of ~20koz Au @ ~2 g/t Au in the Perseverance pit floor.
The drilling focused on interpreted structural targets near the Perseverance mine, including Mining Lease 6455 and key targets on Exploration License 6210. Managing Director Alexander Scanlon highlighted the potential value of discovering a 'Perseverance repeat' and the opportunity to expand the open pit Resource, leveraging their existing fully permitted mill.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) announces a live webinar on July 23, 2024, to present results of a preliminary Scoping Study for the Tunkillia Gold Project. The study outlines a 5Mtpa bulk open pit mining and processing project with a 6.4-year life-of-mine, producing ~833,000 oz payable gold and 1,993,000 oz payable silver. Key highlights include:
- Average annual production: ~130,000 oz gold, ~311,000 oz silver
- AISC: ~A$1,917/oz gold (net of silver credits)
- Average operating cashflow: ~A$1,626/oz gold
- NPV7.5%: ~A$512m, 40% IRR, 1.9-year payback period
The project features a high-grade 'Starter' pit producing ~181,000 oz gold in the first 18 months. Barton's MD, Alexander Scanlon, emphasizes the company's progress in growing Tunkillia to a 1.5Moz Au JORC Resource and plans for further optimization.
Barton Gold Holdings (BGDFF) has announced positive results from the initial Scoping Study for its Tunkillia Gold Project, proposing a 5Mtpa bulk open pit mining and processing model. The study outlines a 6.4-year life-of-mine with total processed materials of 30.7Mt grading 0.93 g/t gold and 2.52 g/t silver. Key highlights include:
- Total payable metal: ~833koz Au and ~1,993koz Ag
- Average annual production: ~130koz Au and ~311koz Ag
- Average operating cashflow: ~A$1,626/oz Au
- Average AISC: ~A$1,917/oz Au
- Initial capital cost: ~A$374m
- Initial NPV7.5%: ~A$512m with 40% IRR and 1.9-year payback
The study also identifies a higher-grade 'Starter' pit for the first ~18 months, with 4.9Mt mill feed averaging 1.26 g/t Au and 3.32 g/t Ag, producing ~181koz Au and ~420koz Ag.
Barton Gold Holdings has released an initial Scoping Study for its wholly-owned Tunkillia Gold Project in South Australia. The study suggests a potential large-scale operation with a 5Mtpa bulk open pit mining and processing model.
The project has an estimated 6.4-year life-of-mine (LoM) with an additional 1.6 years for construction, processing a total of approximately 30.7Mt of materials. Average grades are projected at 0.93 g/t gold (Au) and 2.52 g/t silver (Ag), resulting in ~833koz of payable Au and ~1,993koz of payable Ag.
Initial estimates include an average annual production of ~130koz Au and ~311koz Ag, with an average operating cash flow of ~A$1,626/oz Au, and an average All-in Sustaining Cost (AISC) of ~A$1,917/oz Au. The initial capital cost is ~A$374m, leading to a Net Present Value (NPV) of ~A$512m at a 7.5% discount rate, and a 40% IRR with a 1.9-year payback period.
The study was prepared by GR Engineering and Mining Associates, and complies with JORC Code 2012 standards. Additional funding of ~A$492 million will be required, and there is no certainty Barton will secure this funding, which may affect shareholder value.
Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has been allocated $1,488,500 in Junior Minerals Exploration Incentive (JMEI) credits by the Australian Taxation Office for the 2024/25 financial year. These credits can be distributed to eligible investors who acquire new Barton shares between July 1, 2024, and June 30, 2025.
The JMEI scheme allows eligible exploration companies to offer refundable tax offsets or franking credits to new investors. The actual amount received by each investor will depend on factors such as the total new shares issued, Barton's greenfields exploration expenditure, and the company's tax loss for the year.
Barton's Managing Director, Alex Scanlon, highlighted that this allocation adds to the company's track record of generating non-dilutive funding, which has exceeded $10 million over the past three years. While Barton currently has over $10 million in cash and no plans for new capital raising, the JMEI credits offer potential value to investors.
Barton Gold Holdings has increased its JORC Mineral Resources Estimate (MRE) at the Tarcoola Gold Project's Perseverance Mine to approximately 20,000 ounces (koz) of gold at an average grade of 2 grams per tonne (g/t) within 60-80 meters of the open pit floor. The total MRE for Tarcoola is now 29.5 koz Au, with 45% classified as 'Indicated'.
This update follows recent drilling of 1,688 meters, confirming high-grade extensions and identifying new structures. The historical Tarcoola Goldfield, which has produced 77 koz of gold between 1893 and 1955, is being evaluated for additional high-grade potential. Barton is also testing regional targets for new mineralization.
The company has plans to leverage its fully permitted mill and further extend the resources at Tarcoola. Barton's broader strategy includes integrating resources from the neighboring Tunkillia Gold Project, which has grown to an MRE of 1.5 Moz Au over the past two years.
Barton Gold Holdings has announced the appointment of Nicola Frazer as its new Chief Financial Officer, effective immediately. Nicola brings over 25 years of experience in South Australia's mining and oil & gas sectors, including roles at Normandy Mining and Beach Energy. Her expertise spans corporate finance, investor relations, commercial development, and grant funding. Nicola will play a key role in advancing Barton's Tunkillia Gold Project, currently in its early planning stages. This appointment aligns with Barton's strategy to secure non-dilutive funding and expand its commercial and project-level development initiatives.