2,200m Follow-up Drilling Complete at Tolmer Au-Ag Discovery
, February 5, 2025 (Newswire.com)
–
Testing strike extensions near grades of 83.6 g/t Au and 312 g/t Ag
ADELAIDE, AUSTRALIA / ACCESS NewswireBarton Gold Holdings Limited
HIGHLIGHTS
-
Significant gold and silver assays from May – July 2024 RC drilling include assays of 4m @ 24.6 g/t Au and 82.8 g/t Ag from 95m depth (incl. 1m @ 83.6 g/t Au and 312 g/t Ag from 97m) [1]
-
Silver assays also remain outstanding for ~2,000m aircore (AC) drilling during November 2024 1
Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm that further RC drilling has been completed at the Tarcoola Gold Project’s (Tarcoola) Tolmer prospect in South Australia. 17 RC holes were drilled for a total of 2,230 metres completed. 1 Drilling targeted potential extensions of higher-grade quartz sulphide veining, and below November 2024 aircore (AC ) drilling which intersected gold but was unable to penetrate the underlying harder quartzite rock. 1
Figure 1 – Tolmer plan map with 2024 RC and AC drill collars, new RC drill collars, and key assays 1
Commenting on recent drilling at the Tolmer prospect, Barton MD Alexander Scanlon said:
“We are excited to quickly follow up drilling at the Tolmer prospect, having recently identified high-grade silver alongside the previously reported high-grade gold intercepts. We are also looking forward to receiving the results of further silver assays from our November 2024 aircore drilling, which are now underway.”
Authorised by the Managing Director of Barton Gold Holdings Limited.
For further information, please contact:
About Barton Gold
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000oz annually, with ~1.6Moz Au JORC Mineral Resources (52.3Mt @ 0.94 g/t Au), multiple advanced exploration projects and brownfield mines, and 100% ownership of the only regional gold mill in the renowned central Gawler Craton of South Australia. *
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity |
Competent Person |
Membership |
Status |
Tarcoola Mineral Resource (Stockpiles) |
Dr Andrew Fowler (Consultant) |
AusIMM |
Member |
Tarcoola Mineral Resource (Perseverance Mine) |
Mr Ian Taylor (Consultant) |
AusIMM |
Fellow |
Tarcoola Exploration Results (until 15 Nov 2021) |
Mr Colin Skidmore (Consultant) |
AIG |
Member |
Tarcoola Exploration Results (after 15 Nov 2021) |
Mr Marc Twining (Employee) |
AusIMM |
Member |
Tunkillia Exploration Results (until 15 Nov 2021) |
Mr Colin Skidmore (Consultant) |
AIG |
Member |
Tunkillia Exploration Results (after 15 Nov 2021) |
Mr Marc Twining (Employee) |
AusIMM |
Member |
Tunkillia Mineral Resource |
Mr Ian Taylor (Consultant) |
AusIMM |
Fellow |
Challenger Mineral Resource |
Mr Dale Sims (Consultant) |
AusIMM / AIG |
Fellow / Member |
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
[1] Refer to ASX announcements dated 27 August 2024 and 30 January 2025
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcements dated 4 March and 16 July 2024. Total Barton JORC (2012) Mineral Resources include 833koz Au (26.9Mt @ 0.96 g/t Au) in Indicated and 754koz Au (25.4Mt @ 0.92 g/t Au) in Inferred categories.
SOURCE: Barton Gold Holdings Limited
Source: Barton Gold Holdings Limited
Related Media
Inventory NSN Marketplace, Aviation Marketplace, Electronic Parts Marketplace at Valley of Parts |
---|
NAS835-8A Dust And Moisture Protective Cap Part of FSC 5340 Hardware, Commercial By National Aerospace Standards |
11780592 Access Cover Part of FSC 5340 Hardware, Commercial By U S Army Armament Research & |
1302242B-L Extension Drawer Slide Part of FSC 5340 Hardware, Commercial By Jonathan Engineered Solutions Corp. |
NH1005280-10 Loop Clamp Part of FSC 5340 Hardware, Commercial By Eaton Corporation |
EMD11737 Rod End Clevis Part of FSC 5340 Hardware, Commercial By Eidal International Corporation |
9988M51G03 Angle Bracket Part of FSC 5340 Hardware, Commercial By General Electric Company |
6274854 Angle Bracket Part of FSC 5340 Hardware, Commercial By General Motors Corp |
9280-0261 Roller Holder Part of FSC 5340 Hardware, Commercial By Hewlett Packard Co |
2796276-1 Catch Strike Part of FSC 5340 Hardware, Commercial By Honeywell Intl Inc |
7409348-003 Loop Clamp Part of FSC 5340 Hardware, Commercial By Ge Aviation Systems Llc |
MLP423 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By Carleton Life Support Systems Inc. |
3168833-2 Angle Bracket Part of FSC 5340 Hardware, Commercial By Honeywell International Inc. |
6G2959 Manual Control Handle Part of FSC 5340 Hardware, Commercial By Caterpillar Inc. |
2620-920X12 PIECE 9 3IN Plain Solid Disk Part of FSC 5340 Hardware, Commercial By Hydro-Aire Inc. |
502-2032 Access Cover Part of FSC 5340 Hardware, Commercial By Rexworks Inc |
1U0053 Mending Plate Part of FSC 5340 Hardware, Commercial By Caterpillar Inc. |
68D291209-2001 Link Part of FSC 5340 Hardware, Commercial By Boeing Company The |
12686 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By Grimes Aerospace Company |
9M185A188-250 Flush Catch Part of FSC 5340 Hardware, Commercial By Boeing Company The |
805832-0-01 Access Cover Part of FSC 5340 Hardware, Commercial By Electric Boat Corporation |
39-14653-100 Angle Bracket Part of FSC 5340 Hardware, Commercial By The Boeing Company |
13053720 Double Angle Bracket Part of FSC 5340 Hardware, Commercial By U S Army Aviation And Missile |
519060 Loop Clamp Part of FSC 5340 Hardware, Commercial By White Motor Corp |
5624690 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By Naval Sea Systems Command |
500006 Angle Bracket Part of FSC 5340 Hardware, Commercial By Triple A Spring Limited Partnership |
P562E Helical Compression Spring Seat Part of FSC 5340 Hardware, Commercial By Atlas Valve Co |
3201334F PIECE 23 Steam Turbin Clevis Part of FSC 5340 Hardware, Commercial By Naval Ship Systems Command |
Heliospace Hardware Launches on the Firefly Aerospace Blue Ghost Mission 1 |
3032T30P02 Dust And Moisture Seal Boot Part of FSC 5340 Hardware, Commercial By General Electric Company |
14036784 Retaining Strap Part of FSC 5340 Hardware, Commercial By General Motors Corp |
5589242-B Helical Compression Spr Retainer Part of FSC 5340 Hardware, Commercial By Am General Llc |
2480332-14 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By Navair And Navsea Managed |
639712 Hinge Part of FSC 5340 Hardware, Commercial By White Consolidated Industries Inc |
C.201062 Connecting Rod Part of FSC 5340 Hardware, Commercial By Mako Compressors Llc |
7135277P3 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By Lockheed Martin Corporation |
70-1047 Metal Grille Part of FSC 5340 Hardware, Commercial By Engineered Electric Company |
88SD383 PIECE 3 Spring Holder Part of FSC 5340 Hardware, Commercial By General Electric Co |
2490119 Loop Clamp Part of FSC 5340 Hardware, Commercial By General Motors Corp |
NAS1831A4C36 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By National Aerospace Standards |
14032787 Bumper Part of FSC 5340 Hardware, Commercial By General Motors Corp |
DL38T Synchro Clamp Part of FSC 5340 Hardware, Commercial By Allied Devices Corp |
10Z8-111 General Purpose Resilient Mount Part of FSC 5340 Hardware, Commercial By Designatronics Incorporated |
4044061 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By Honeywell International Inc |
431R440H02 Spacing Threaded Standoff Part of FSC 5340 Hardware, Commercial By Northrop Grumman Systems Corporation |
3592-0015-1 Helical Compression Spring Seat Part of FSC 5340 Hardware, Commercial By Carleton Technologies Inc |
109227-001 Retaining Strap Part of FSC 5340 Hardware, Commercial By Northrop Grumman Corp |
12338457 Access Cover Part of FSC 5340 Hardware, Commercial By U S Army Tank Automotive Command |
E-50011 Spring Tension Clip Part of FSC 5340 Hardware, Commercial By Microdot Mfg Inc |
10504692 Spring Latch Assemb Part of FSC 5340 Hardware, Commercial By General Dynamics Land Systems Canada |
2T548 Bow Handle Part of FSC 5340 Hardware, Commercial By Caterpillar Inc. |
4926 PC 50 Angle Bracket Part of FSC 5340 Hardware, Commercial By Westwood Corporation |
145962B-L Extension Drawer Slide Section Part of FSC 5340 Hardware, Commercial By Jonathan Engineered Solutions Corp. |
L3400062-005 Angle Bracket Part of FSC 5340 Hardware, Commercial By Boeing Company The |
9988M37G01 Angle Bracket Part of FSC 5340 Hardware, Commercial By Cfm International Inc. |
6G0417 Access Cover Part of FSC 5340 Hardware, Commercial By Caterpillar Inc. |
1153M37G04 Loop Clamp Part of FSC 5340 Hardware, Commercial By General Electric Company |
11672190 Mending Plate Part of FSC 5340 Hardware, Commercial By U S Army Tank Automotive Command |
12307779 General Purpose Access Door Part of FSC 5340 Hardware, Commercial By U S Army Tank Automotive Command |
L5340360-011 Retaining Strap Part of FSC 5340 Hardware, Commercial By Boeing Company The |
0643274 Bumper Part of FSC 5340 Hardware, Commercial By Caterpillar Inc. |
1153M26G08 Loop Clamp Part of FSC 5340 Hardware, Commercial By General Electric Company |
Trees Plus LTD Delivers Expert Tree Cutting Service in Atlanta for Safe, Efficient Yard Care |
P425075 Nut And Bolt Locking Plate Part of FSC 5340 Hardware, Commercial By Fairbanks Morse Engine |
8W1854 Bracket Assy Part of FSC 5340 Hardware, Commercial By Caterpillar Inc. |
12352649 Angle Bracket Part of FSC 5340 Hardware, Commercial By U S Army Tank Automotive Command |
6892314 Tube In Air Bracket Part of FSC 5340 Hardware, Commercial By Allison Transmission Inc. |
HS020355-002-00 Swivel Caster Part of FSC 5340 Hardware, Commercial By Rockwell International Corp |
101-121-083 Pipe Hanger Part of FSC 5340 Hardware, Commercial By Nelson Stud Welding Inc |
5/8-6 Loop Clamp Part of FSC 5340 Hardware, Commercial By Brady United States |
1210C1521 Bracket Part of FSC 5340 Hardware, Commercial By Martin Marietta Technologies Inc |