The Assay TV is joined by Alex Scanlon, CEO of Barton Gold (ASX: BDG), an Australian exploration company which has 100% ownership of the only regional gold mill in the central Gawler Craton of south Australia.
Alex tells us about Barton’s recent MRE update for its Tunkillia project, which includes drilling from the company’s 233 Deposit. The upgrade includes a resource growth of 20% to 1.15Moz, which Alex says shows a clear validation of the company’s thesis for the project, as adding 189Koz Au of new resource for only A$12/oz is an exceptional result, and it further confirms the value of extensional drilling in the area.
Alex also tells us that Barton has signed binding terms with SensOre Ltd (ASX: S3N) for an exclusive R&D investment partnership across the central Gawler Craton in South Australia, he says that the company is excited to be taking the next step toward the development and trial application of new technologies in the project area, which is a very richly mineralized domain with relatively low historical exploration.
Primary ticker: ASX:BGD
Stages of development: Exploration, Development
Primary mineral: Gold
Project to promote: Central Gawler Craton
Project location: Australia