Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Investor Presentation (December 2023)
23 slides from Barton Gold's investor presentation, Dec 11, 2023
Slide 1: South Australia's 1.5 Moz Au Growth Platform
ASX:BGD FRA:BGD3 OTCQB:BGDFF South Australia’s 1.5 Moz Au Growth Platform 11 December 2023 | Tunkillia Mineral Resources Update Perseverance Mine, Tarcoola Project
Slide 2: Important Notices
Important Notices Disclaimer This document has been approved by the Board of Barton Gold Holdings Limited (ACN 633 442 618) (together with its affiliates, “Barton” or the “Company”) and has been prepared for the exclusive use of the party to whom Barton delivers this document (the “Recipient”). The
Slide 3: South Australia's Gold Co
South Australia’s Gold Co Strategic ‘first mover’ advantage re-opening a proven gold district Leading the re-emergence of South Australian gold • South Australia: 25% of Australian gold / 2.5% of production (1) • Central SA: 130 year high-grade gold production history (2) • Under-explored with Multi
Slide 4: Capital Structure
Capital Structure Accessible, aligned, and institutionally supported; real time DTCC trade and settlement of US shares ($AUD) Share Distribution 6 Shares on issue (1) 195.5 million Board & Management Market Cap ($0.245 / share) (2) $47.9 million 24% 23% Institutional & Corporate Cash (3) $9.3 millio
Slide 5: Experienced Leadership
Experienced Leadership Strong SA and gold pedigree Board of Directors Senior Management Ken Williams Alexander Scanlon Non-Executive Chair Managing Director & CEO • ~30 years in mining, aviation & financial services • ~20 years in principal investments and resources • Former CFO Normandy Mining (New
Slide 6: The Big Picture
The Big Picture Leverage existing platform to long-term gold leadership Cu River Cairn Hill Fe Darwin Railway Large-scale ambition Marmota (MEU) 286koz Au Peak Iron Peculiar Knob • Build SA’s largest independent Central Gawler Mill Marmota (MEU) Fe gold producer (150kozpa) 650ktpa throughput Auror
Slide 7: Following the Leader
Following the Leader Volumetric capital and operating efficiencies are the path to lower costs and higher profits 27 July 2023 $6.00 ASX:CMM (Mkt Cap ~$1.6bn) - Karlawinda Project (1,2) 2.2Moz Au (0.7 g/t) • Methodically built foundations with a focus on scale efficiencies (5Mtpa mill) $5.00 • Austr
Slide 8: Tunkillia MRE Update
Tunkillia MRE Update Total 413koz Au added to MRE during 2023 Tunkillia 223 Deposit: 1.38Moz Au • 3rd MRE update since late 2020 (prior update April 2023)1 JORC Mineral Resource Estimate (MRE) (1,2) • Three new zones of mineralisation → MRE (red wireframes) NW SE 3.6km Long Section of 223 Deposit &
Slide 9: Tunkillia MRE Update Conservative Modeling
Tunkillia MRE Update Conservative modeling with production mentality; → goal is bulk efficiency and strong reconciliations (1) Strong return on drilling: (1) Indicated Inferred Total • A$3.6m invested ‘all in’ → 89 RC Tonnes Grade Gold Tonnes Grade Gold Tonnes Grade Gold (1) holes totalling 15,189 m
Slide 10: Unlocking Value
Unlocking Value Building solid foundations for long-term value Central Gawler Mill cleanout 2023 Barton Gold is applying new technologies and leveraging its asset platform to accelerate regional development, reduce $490,000 gold sale exploration and discovery costs, and minimise dilution AI / Machin
Slide 11: Tunkillia Growing Up…
Tunkillia Growing Up… Rapidly expanding ~1.4Moz gold footprint • Shallow historical drilling during low gold prices: 77% completed between 1996 - 2005 (gold <US$400/oz) (1) • BGD has grown Tunkillia three times since October 2020 • Mineralised strike more than doubled since November 2021, including
Slide 12: Tunkillia Mineralisation
Tunkillia Mineralisation Attractive characteristics with higher-grade central core and shallow supergene zone ➢ ~80% of MRE tonnes & ounces within 200m of surface (1) ➢ ~300m long high-grade core with 80m+ width (1) ➢ ~277koz Au in shallow (~35m deep) supergene blanket (1) (1) 400m N (1) Oblique Vie
Slide 13: Tunkillia District Scale Potential
Tunkillia District Scale Potential 20km+ of untested strike on a major shear system Mulgathing District scale geology Complex • ‘Triple point’ of major geological formations (1) Archaean Greenstone • Kilometres-wide Kalgoorlie style shear zone (2) • Potential for areas of significant fluid flow EL68
Slide 14: Tarcoola High-Grade History
Tarcoola High-Grade History Potential high-grade ‘Stage 1’ feed and future ‘Stage 2’ blend Darwin Rail ML6455: the home of SA gold N • Hosted SA’s 1893 gold rush (~77koz Au @ 37.5 g/t Au from 1900 – 1955) (1) • Perseverance Mine produced ~3.8 g/t Au to Barton’s Mill during 2018 (1) EL6860 Persever
Slide 15: Tarcoola Perseverance Mine
Tarcoola Perseverance Mine Majority of intersections not yet modeled in Mineral Resources SSW NNE Perseverance West (1) • 4m @ 6.85 g/t Au from 28m • 7m @ 9.72 g/t Au from 42m • 5m @ 20.6 g/t Au from 59m • 6m @ 8.76 g/t Au from 96m • 4m @ 11.4 g/t Au from 111m • 5m @ 48.9 g/t Au from 115m NNE Sectio
Slide 16: Tarcoola Unlocking Geology
Tarcoola Unlocking Geology 2020 seismic indicates system of potential ‘repeats’ targets across the historical Tarcoola Goldfield Warburton Tarcoola Perseverance Mine • Mapping out a new geological model West ~3.8 g/t Au ore (2018) 16m @ 3.4 g/t Au Tolmer E across ~15km long zone 1 from 4m depth Dark
Slide 17: Tarcoola Systematic Analysis
Tarcoola Systematic Analysis New Aug 2023 seismic reveals Tarcoola Goldfield architecture validating thesis & driving exploration model • Recently completed seismic survey shows Tarcoola Goldfield architecture1 • First time since discovery (1893) that known gold occurrences can be put into a structu
Slide 18: Asset Monetisation
Asset Monetisation On track to generate ~$10m non-dilutive cash; protecting shareholders from excess dilution • R&D tax incentives and grants, surplus assets, mill workover (gold concentrates) • Ongoing review of surplus assets, existing stockpiles and historical tailings
Slide 19: Coming Up
Coming Up Continuing 2023 pace into 2024 H1 H2 H1 Tunkillia│Keep building scale CY23 CY23 CY24 Resource growth drilling Regional exploration drilling Tarcoola│Accelerate Stage 1 option Structural interpretation Seismic targeting Structural / Resource drilling Regional exploration drilling Corporate│
Slide 20: Summary
Summary Platform & performance → Value Strategic platform with valuable existing infrastructure Growing quickly under strong and aligned leadership Well capitalized with clear development pathways Multiple catalysts and frequent news Accessible in AUD, USD and EUR on Australian, US and German market
Slide 21: Contact
Contact Barton Gold Level 4, 12 Gilles Street Adelaide SA 5000 contact@bartongold.com.au www.bartongold.com.au Alexander Scanlon Managing Director & CEO a.scanlon@bartongold.com.au +61 425 226 649 Shannon Coates Company Secretary cosec@bartongold.com.au +61 8 9322 1587
Slide 22: JORC (2012) Mineral Resources
JORC (2012) Mineral Resources(1) * Table shows complete JORC Mineral Resources Estimate (MRE) for each Project on a 100% basis. Figures subject to rounding; tonnages are dry-metric tonnes; all Mineral Resources classified as ‘inferred’ are approximate; cut-off grades applied are 0.4 g/t Au (Tunkilli
Slide 23: Competent Persons Statements
Competent Persons Statements The information relating to Exploration Results and Mineral Resources in this presentation is extracted from the Company’s Prospectus dated 14 May 2021 (Prospectus) and Barton ASX announcements as cross-referenced in the body of this presentation. A copy of the Prospectu
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