Targeting Large Priority Target And Potential Offset
Barton Gold Holdings Limited (ASX: BGD) has commenced its Phase 1 drilling programme at the Tunkillia Project in South Australia, following completion of Tarcoola Phase 2 drilling.
- The company plans to undertake ~6,000m drilling comprising ~39 RC holes, targeting: an identified priority target area located ~3-4km north of the 223 Deposit (Area 51);
- a potential offset extension of mineralisation ~1-2km north of the 223 Deposit (223 North); and
- a potential offset extension of mineralisation ~1km south of the 223 Deposit (223 South).
Managing Director, Alexander Scanlon, said the company believes that Tunkillia is highly prospective for large-scale extensions of mineralisation. The 223 Deposit comprises ~2.5km of mineralised strike and is open along strike and down-dip, and is situated within a host structure which extends a further ~7km to the north and ~7km to the south.
The 223 Deposit hosts a current Mineral Resource Estimate of 965,000oz Au (26.1Mt @ 1.15 g/t Au). The 223 Deposit was discovered in 1996, with drilling since the year 2000 focused primarily on infill of the 223 Deposit. There has been no significant investment in satellite targets for the past ~20 years.
“We are excited to be drilling at Tunkillia following last year’s comprehensive remodelling of mineralisation in the 223 Deposit,” Mr Scanlon said.
“Our work to-date indicates significant potential for extensions of existing mineralisation and the identification of new, large-scale mineralisation in multiple satellite targets.
“This drilling will be the first significant investment in exploration outside of the 223 Deposit in ~20 years and is the first step in identifying the true regional scale potential of mineralisation at Tunkillia.”
For further information please visit: https://bartongold.com.au/