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Tunkillia 'Phase 2' Resource Upgrade Drilling Begins
HIGHLIGHTS May 2025 Optimised Scoping Study (OSS) outlined a compelling Tunkillia development project:[1] Annual production: ~120,000oz gold and ~250,000oz silver Total LoM operating cash: ~A$2.7 billion (unlevered, pre-tax) Net Present Value (NPV7.5%): ...
About this update from Barton Gold Holdings Limited
[{"type":"text","content":"HIGHLIGHTS","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"May 2025 Optimised Scoping Study (OSS) outlined a compelling Tunkillia development project:[1]","length":94,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Annual production: ~120,000oz gold and ~250,000oz silver","length":56,"tagName":"p"}]},{"val":[{"type":"text","content":"Total LoM operating cash: ~A$2.7 billion (unlevered, pre-tax)","length":61,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Present Value (NPV7.5%): ~A$1.4 billion (unlevered, pre-tax)","length":64,"tagName":"p"}]},{"val":[{"type":"text","content":"Internal Rate of Return (IRR): ~73.2% (unlevered, pre-tax); and","length":63,"tagName":"p"}]},{"val":[{"type":"text","content":"Payback period: ~0.8 years (unlevered, pre-tax)","length":47,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":291,"olType":false}]},{"val":[{"type":"text","content":"Barton expediting Tunkillia toward Mining Lease (ML) application, with AUD gold and silver prices now over $2,000/oz and $60/oz higher (respectively) than used for OSS revenue estimates1","length":186,"tagName":"p"}]},{"val":[{"type":"text","content":"18,900m ‘Phase 1' reverse circulation (RC) Resource upgrade drilling infilled high value S1 / S2 pit areas with broad high-grade intersections, supporting rapid payback in early ‘Starter pit'2; ~30,000m ‘Phase 2' RC upgrade drilling now underway targeting balance of optimised open pits;","length":329,"tagName":"p"}]},{"val":[{"type":"text","content":"Phase 2 RC drilling a key step to support JORC (2012) Mineral Resource upgrades and target JORC (2012) Ore Reserves, a pre-feasibility study (PFS), and an ML application by end of 2026","length":184,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1084,"olType":false},{"type":"text","content":"ADELAIDE, AU / ACCESS Newswire / March 15, 2026 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or Company) is pleased to announce the start of ‘Phase 2' JORC (2012) Mineral Resource upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia). Strike Drilling has been engaged to complete a program totalling ~30,000m.","length":362,"tagName":"p"},{"type":"text","content":"Tunkillia's Phase 2 RC upgrade d...