Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Beaver Creek Precious Metals Summit 2024
21 slides from Barton Gold's conference presentation, Sep 11, 2024
Slide 1: South Australia's 1.6 Moz Au Growth Platform
ASX:BGD FRA:BGD3 OTCQB:BGDFF South Australia’s 1.6 Moz Au Growth Platform 11 September 2024 | Beaver Creek Precious Metals Summit 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: 1.6 Moz SA Developer
1.6 Moz SA Developer Strategic ‘first mover’ with existing infrastructure in 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) • ~5,000km2 tenements
Slide 4: Capital Structure
Capital Structure Shareholder register consolidating around strong management alignment and institutional support ($AUD) Share Distribution (5) Shares on issue (1) 218.7 million Board & Management Market Cap ($0.25 / share) (2) $54.7 million 25% 21% Institutional & Corporate Cash (3) $10.3 million H
Slide 5: Experienced Leadership
Experienced Leadership Strong SA and gold pedigree Board of Directors Senior Management Ken Williams Nicola Frazer Non-Executive Chair Chief Financial Officer • ~30 years in mining, aviation & financial services • ~25 years in South Australian mining and oil & gas • Former CFO Normandy Mining (Newmo
Slide 6: The Big Picture
The Big Picture Ambition: Build ~150kozpa independent gold producer Marmota (MEU) Darwin Railway 286koz Au Large-scale, long-term strategy Central Gawler Mill Peak Iron Marmota (MEU) Peculiar Knob 650ktpa throughput → Open pit focus: lower cost and risk 66koz Au Aurora Tank (Au) Fe 1) Establish bu
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 ~A$2.1bn) - Karlawinda Project (1,2) 2.2Moz Au (0.7 g/t)4 • Bulk open pit mining and ~4.5Mtpa mill → 120koz annual production $5.00 • One of Australia
Slide 8: Tunkillia Scale Platform
Tunkillia Scale Platform Rapidly expanding ~1.5Moz gold footprint • Majority of shallow historical drilling completed during low gold price period from 1996 - 2005 (gold <US$400/oz) (1) • 5 new zones and 4 Resource upgrades since Oct 2020 (2) • Efficient recent growth: ~530koz @ ~A$15/oz ‘all in’ (3
Slide 9: Tunkillia Main Deposit
Tunkillia Main Deposit Attractive characteristics with higher-grade central core and shallow supergene zone ➢ ~80% of MRE tonnes & ounces within 200m of surface (1) ➢ ~300m long higher-grade core: ideal ‘starter pit’ (1) ➢ ~277koz Au in shallow (~35m deep) supergene blanket (1) (1) 400m N Oblique Vi
Slide 10: Tunkillia Initial Scoping Study
Tunkillia Initial Scoping Study Validates 5Mtpa strategy and highlights optimisation targets Key outcomes: (1) 5 Mtpa 6.4 years 130kozpa 311kozpa A$1,917 throughput mining payable Au payable Ag AISC / oz Au A$1.3 bn A$512m 40% IRR 1.9 years A$1,626 LoM EBITDA NPV7.5% (unlevered) payback cash / oz Au
Slide 11: Tunkillia Staged Mine Design
Tunkillia Staged Mine Design LoM extension opportunities, with high-value ‘Starter’ pit LoM design includes: (1) Source Source 1 • 2 pits in 4 stages (Starter, Main, South1, Area51) • ~66% Indicated and ~34% Inferred Resources High-value ‘Starter’ pit: (1) • First ~18 months of mining / processing •
Slide 12: Tunkillia Key Opportunities
Tunkillia Key Opportunities Process efficiencies a key focus for capex, opex & mine optimisation Maintenance andLaboratory Administration Primary Crushing Water and Air Workshop 1.0% 2.9% 4.0% Services… • Conservative assumptions offer multiple areas for Reagents 4.1% 0.1% potential optimization of
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 extensions
Tarcoola Perseverance Mine extensions With existing fully permitted mill, = high-value ounces… Fully permitted mine • Mining Lease (ML) 6455 • Shallow (~70m deep) High-value ounces (1) • ~20koz Au in pit floor • ~10koz Au in stockpiles Extension potential (1) • Resources 60-80m deep • Grey areas = m
Slide 16: Tarcoola Emerging Platform
Tarcoola Emerging Platform New 3D architectural model for high-grade historical goldfield • Structures mapped across ~10km zone below historical high-grade workings (1) • First time since discovery (1893) that known gold occurrences can be put into a consistent structural framework • Significant dis
Slide 17: Coming Up
Coming Up Consistent progress = pathway to development and regional growth Tunkillia│Keep building LT base CY 2023 CY 2024 CY 2025 Resource growth drilling Scoping Studies Regional exploration Tarcoola│Accelerate Stage 1 option New structural targeting model High-grade targets drilling Regional expl
Slide 18: Summary
Summary Platform & performance → Value Strategic platform with valuable existing infrastructure Advancing consistently under strong, aligned leadership Well capitalized with clear development pathways Multiple catalysts and frequent news Accessible in AUD, USD and EUR on Australian, US and German ma
Slide 19: 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 20: 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 are subject to rounding, tonnages are dry-metric tonnes, and all Mineral Resources classified as ‘Inferred’ are approximate. Cut-off grades applied are: • 0.4 g/t
Slide 21: 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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