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Barton Gold Holdings (BGDFF) Stock News, Jul-Oct 2024

BGDFF OTC

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.

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Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has initiated a major regional exploration drilling program at its Tarcoola Gold Project in South Australia. The program includes:

- ~10,000m of aircore (AC) drilling along the Lake Labyrinth Shear Zone (LLSZ)
- Targeting large-scale alteration along strike from Indiana Resources' high-grade Minos Project
- Drilling spaced at 0.5-1km intervals over a 10km long section of the LLSZ

This program follows recent developments at Barton's projects, including:
- Upgraded JORC Resources at Perseverance Mine
- Discovery of a new high-grade 'Tolmer' gold zone in Tarcoola's western area
- Outlined a 130,000ozpa gold operation at the neighbouring Tunkillia Gold Project

The company aims to unlock the scale potential of its strategic asset package by exploring previously untested sections of major regional structures known to host gold.

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Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF) has announced high-grade gold assays from follow-up drilling at the Tarcoola Gold Project's Perseverance Mine. The drilling, conducted in July 2024, confirmed new adjacent zones of shallow pit floor gold mineralization, with key high-grade assays including:

- 25m @ 5.94 g/t Au from 11m (including 1m @ 23.8 g/t Au)
- 4m @ 10.4 g/t Au from 32m (including 1m @ 34.4 g/t Au)
- 6m @ 6.17 g/t Au from 39m (including 2m @ 13.4 g/t Au)
- 5m @ 6.07 g/t Au from 99m (including 1m @ 28.3 g/t Au)
- 7m @ 9.63 g/t Au from 67m (including 2m @ 28.0 g/t Au)

The new mineralization is located east of the July 2024 JORC Mineral Resource Estimate (MRE) block model and is expected to increase the total recoverable gold ounces. Barton is reviewing modeled, unclassified extensions for potential follow-up drilling.

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Barton Gold Holdings (ASX:BGD) has released its Annual Report for the year ended 30 June 2024 to the market. The company, based in Adelaide, Australia, made this announcement on September 23, 2024. The release of the annual report is a significant event for shareholders and investors, providing comprehensive information about the company's financial performance and operations over the past fiscal year.

The announcement was 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, using the provided contact details.

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Barton Gold Holdings (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) has announced its Annual General Meeting will be held on Thursday, 28 November 2024 at 1:00pm (AWST) / 3:30pm (ACDT) / 4:00pm (AEDT). The meeting will take place at the Hilton Adelaide, Balcony Room 4, 233 Victoria Square, Adelaide SA 5000.

The company has advised that valid nominations for the position of director must be received by 5:00pm (AWST) Wednesday, 25 September 2024, at least 45 business days before the AGM date. Nominations should be provided to the company's registered office, as per the Company's Constitution. This notice is given in accordance with ASX Listing Rules 14.3 and 3.13.1.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Barton Gold Holdings (BGDFF)?

Barton Gold Holdings (BGDFF) last closed at $0.5750.

What is the market cap of Barton Gold Holdings (BGDFF)?

The market cap of Barton Gold Holdings (BGDFF) is approximately $156.4M.