Barton Gold Holdings Ltd (ASX: BGD) has completed a total of 6,427m reverse circulation drilling during the company’s Tarcoola Phase 3 and Tunkillia Phase 2 drilling programs, both located in South Australia. Tarcoola samples have already been sent to the company’s lab services provider, and Tunkillia samples will be submitted shortly. Barton Gold expects to start receiving assay results in 6 – 8 weeks’ time.
Previous Phase 1 and 2 drilling programs conducted during 2020 and 2021 identified ~200m depth extensions of mineralization and a new ~350m long Perseverance West gold zone adjacent to the company’s Perseverance open pit mine. The phase 3 drill program consisted of 19 holes totalling 3,267m, which extend and infill the Perseverance West property, confirm new easily accessible Mineral Resources, and test the School and Ealbara regional prospects as co-funded by Round 2 of the South Australian Accelerated Discovery Initiative (ADI) Program.
Phase 1 drilling at the Tunkillia property completed during September 2021 also identified two new gold zones (223 North and Area 191) totalling ~1.5km of new mineralization and confirmed a higher-grade zone of mineralization within the cornerstone 223 Deposit (26.1Mt @ 1.15 g/t Au for 965koz Au). The Phase 2 drilling consisted of 20 holes totalling 3,160m to test a high priority discovery target at Area 51 (~3km NW of the 223 Deposit) as well as potential extension targets at the new 223 North gold zone.
Commenting on the completion of recent drilling programs, Barton Managing Director Alexander Scanlon said: “We are pleased to complete another two drilling programs safely and efficiently, both of which we expect will yield some interesting and informative results based upon extensive recent analysis and prior work.
“We have also been able to optimize the drilling programs ‘on the fly’ while in field, saving considerable drilling time and funds for allocation to follow up discovery, extensional and Mineral Resource conversion drilling programs planned for later this year.
“We are just scratching the surface at these projects, and the combination of Tarcoola’s high-grade open pit extensions with Tunkillia’s rapidly expanding footprint offers interesting near and long-term conceptual development options. Our focus for 2022 remains on continued scale discovery and Resources growth.”
For further information please visit: https://bartongold.com.au/