Barton Gold Holdings Limited’s (ASX: BGD) wholly-owned subsidiary Tunkillia 2 Pty Ltd has been awarded new tenement EL6845 at the Tunkillia Gold Project in South Australia.
Tunkillia hosts a 965,000oz Au JORC (2012) Mineral Resource at the cornerstone 223 Deposit.
During the past 12 months Barton has significantly expanded the project’s mineralised footprint, with the discovery of three new gold zones (Areas 223 North, 191 and 51) and a higher-grade zone confirmed in the 223 Deposit.2
EL6845 comprises a 77 sq. km surface area located adjacent to EL5901, which hosts the 223 Deposit.
Barton is currently undertaking a 9,000m reverse circulation drilling program targeting depth extensions at the 223 Deposit, with a focus on the higher-grade central and southern zones of mineralisation.
Barton expects that this drilling, together with prior drilling during July 2021 and May 2022, will provide the basis for an updated JORC (2012) Mineral Resource Estimate at Tunkillia.
“We are pleased to increase our strategic tenement footprint in South Australia’s central Gawler Craton, and we thank the South Australian Government for the granting of this tenement,” MD, Alex Scanlon, said
“The past year has clearly demonstrated the significant gold endowment and growth potential of the Tunkillia Project, with new gold mineralisation identified at every target tested.
“We believe the upside potential here is substantial, and we are actively working to grow the project’s mineral footprint and JORC Mineral Resources well beyond the current boundaries.”
For further information please visit: https://bartongold.com.au/