Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Australian Gold Conference 2022
25 slides from Barton Gold's conference presentation, Jun 15, 2022
Slide 1: South Australia's Emerging Gold Developer
South Australia’s Emerging Gold Developer Presentation to Australian Gold Conference Perseverance Mine, 15 June 2022 Sydney, Australia 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: Investment Highlights
Investment Highlights Rapidly Building Scale in a Proven Gold District Strategic SA ▪ South Australia: ~25% of AUS gold, ~2.5% of production1 Central Gawler Mill Platform ▪ ~4,660km2 tenements and JV rights in world class province ~130km Tarcoola ▪ ~1.1Moz Au JORC (2012) Mineral Resources2 and owner
Slide 4: Development Strategy
Development Strategy Build Long-Term Value in Scale, Efficiency & Optionality Leverage ▪ Southern Hub = key growth development focus Northern Foundations Hub EL6625 ▪ Northern Hub = development / regional optionality Central Gawler Mill & Challenger Mine (100%) ~650Ktpa Plant & Village 66koz Au @ 3.
Slide 5: Innovation Focus
Innovation Focus Leveraging Technology to Accelerate Outcomes Coober Pedy ● ▪ Barton is driving innovation in the central Gawler Craton ● Glendambo ▪ Actively testing new applications of old technologies, and ● Adelaide ; trialling novel technologies, to accelerate progress ▪ Working with CSIRO and
Slide 6: Rapid Progress Since June 2021 IPO
Rapid Progress Since June 2021 IPO1 Building Momentum & Value Exploration ✓ Dozens of new gold and copper targets Barton is: (Southern Hub): ✓ 3 new gold zones: 2km new mineralisation (+66% strike) ➢ developing new geological models; Corporate: ✓ New SA-based leadership and project / geology teams ➢
Slide 7: Corporate
Corporate Capital Structure1 Board of Directors Shares on Issue 175,616,719 Mark Connelly ▪ Finance and operations professional with +30 years’ resources experience Non-Executive Chairman ▪ Chairman of ASX-listed Oklo Resources, Chesser Resources, Calidus Resources Market Cap ($0.20 / share) $35.1m
Slide 8: Southern Hub Overview
Southern Hub Overview Underexplored Large-Scale Platform Tarcoola ▪ 100% owned Perseverance Tarcoola Project Open Pit Mine (100%) ▪ 1,202km2 tenement package1 ▪ Perseverance Open Pit mine (2017 / 2018)1 Tunkillia ▪ 100% owned ▪ 1,285km2 tenement package1 ~70km ▪ 965,000oz Au 223 Deposit (1.15 g/t Au
Slide 9: Tarcoola Proven Producer, Scale Potential
Tarcoola Proven Producer, Scale Potential Untested Camp-Scale Systems N ▪ 1,202km2 contiguous tenement package1 ▪ Historical Tarcoola Gold Field produced ~77koz Au @ avg ~37.5 g/t Au (1900 – 1955)1 Lake Labyrinth Shear Zone (LLSZ) ▪ Brownfields open pit opportunities (ML6455): EL6167 Indiana Resourc
Slide 10: Tarcoola Open Pit Extensions
Tarcoola Open Pit Extensions Majority of Intersections Not Yet Included in Mineral Resources Cross Section Perseverance Mine Long Section with 2020 0.2 g/t Au Halo & New 2021 Extensions1 Perseverance West:1 Deliverance Target:1 ▪ 4m @ 6.85 g/t Au [28-32m] ▪ 5m @ 20.6 g/t Au [59-64m] ▪ 7m @ 9.72 g/t
Slide 11: Tarcoola Multiple Potential Repeats on ML
Tarcoola Multiple Potential Repeats on ML R&D Applications Providing High-Value Opportunities Legend: ‘Lookalike’ Targets Calcrete Anomaly N Tectonic Structure 3 2 Gold Occurrences Historical Mine 1 Perseverance Mine ML6455 2 1 Potential Near-Mine ‘Perseverance Repeat’ Targets within ML64551 ▪ Groun
Slide 12: Tarcoola Camp-Scale Shear Systems
Tarcoola Camp-Scale Shear Systems Significant Regional Discovery Potential1 Warburton Perseverance Open Pit Mine ▪ New structural model (2020) – 14km of analogous shears indicates significant potential for ‘Perseverance Repeats’1 ▪ Validates historical data – Anglogold drilling (Sep 1997) at Warburt
Slide 13: Tunkillia ~1Moz Au Growth Platform
Tunkillia ~1Moz Au Growth Platform Large-Scale Mineralisation Tarcoola Project (100%) N ▪ 1,285km2 contiguous tenement package1 EL6210 Perseverance ▪ ~50km strike on shears analogous to major Open Pit Mine Kalgoorlie Shear Zone systems1 ▪ Cornerstone 223 Deposit with 965koz Au Yerda Shear Zone ▪ 1.1
Slide 14: Tunkillia High Value Road Map
Tunkillia High Value Road Map Advanced Targets = Immediate Camp-Scale Opportunity ~4 km ▪ 223 Deposit: ~2.5km long with broad mineralisation and higher-grade domains, open to extensions ▪ Advanced satellite targets are prospective for large-scale discoveries and significant new mineralisation1 ~6 km
Slide 15: Tunkillia Rapid Growth
Tunkillia Rapid Growth Converting Historical Data with New Analysis ▪ The 223 Deposit is part of a much larger mineralised system ▪ Rapidly expanding footprint:2 ▪ 2 new gold zones (223 North and Area 191) ▪ 60% increase in mineralised strike to a total ~4km ▪ 250m long higher-grade zone in 223 Depo
Slide 16: Tunkillia Untapped District Scale Potential
Tunkillia Untapped District Scale Potential Major Structure in Historical Gold District EL6639 N Area 191 ▪ Yarlbrinda Shear Zone mostly Area 51 Tomahawk untested despite 223 Deposit Ore Shells 223 North Mag Inversion 223 Deposit AEM Resistivity Inversion ▪ 223 Deposit covers only a tiny portion of
Slide 17: Conclusion
Conclusion Driving Towards Asset Development ➢ Strategic platform with majority of regional gold Resources and ownership of only regional mill ➢ Clear opportunities for major regional discoveries and well capitalised for aggressive exploration ➢ Leveraging innovation to identify new opportunities an
Slide 18: Compelling Value
Compelling Value Positioned to Outperform Barton Gold ASX Peer Group1 ASX Listed, Australian Open Pit Projects (sub 1.3 g/t Au) A$200/oz 12,000 EV/Resource (A$/oz) ▪ Only SA representative 10,634 Resource (koz Au) among ASX peer group 10,000 A$150/oz $134 $127 8,000 ▪ Priced at ~1/3 WA peers on EV /
Slide 19: Contact
Contact Barton Gold Suite 5, 62 Ord Street, West Perth, WA 6005 Australia contact@bartongold.com.au www.bartongold.com.au Alexander Scanlon Mark Connelly Shannon Coates Managing Director & CEO Non-Executive Chairman Company Secretary a.scanlon@bartongold.com.au mark@mconnelly1.com cosec@bartongold.c
Slide 20: Annexures
Barton Gold Annexures 20
Slide 21: Tunkillia Central 223 Deposit
Tunkillia Central 223 Deposit Validating the High Grade (+2g/t Au) Domaining1 Tunkillia Central Area 223 Significant Intersections2 Tunkillia Central Area 223 Long Section with Significant Intersections2 1 Refer to Prospectus 2 Refer to Barton ASX announcement dated 15 November 2021 21
Slide 22: Tunkillia 223 North
Tunkillia 223 North Shallow and Open - Potential for Depth and Strike Additions1,2 ▪ New ~800m continuity of mineralisation at 223 North2 ▪ Best new intersection of 10m @ 3.65g/t Au2 ▪ Open at depth and along strike ▪ Opportunity to extend significantly 1 Refer to Prospectus 2 Refer to Barton ASX an
Slide 23: Peer Comparison Data Sources
Peer Comparison Data Sources All Data Sourced from Company Materials Published on ASX Platform A po llo Com pany: A s t ra l R e s o urc e s Ka iro s M ine ra ls S a t urn M e t a ls C o ns o lida t e d B a rt o n G o ld Kin M ining A us go ld Lim it e d D e G re y M ining ASX Code: AAR KAI STN AOP
Slide 24: JORC (2012) Mineral Resources
JORC (2012) Mineral Resources1 ▪ Table shows complete Mineral Resources Estimate (MRE) for each Project on a 100% basis, with Barton’s ownership interest indicated for each Project ▪ Total Attributable 1,108koz Au reflects Barton aggregate pro- rata ownership of Project MREs *Figures subject to roun
Slide 25: 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 dated 29 September, 20 October, 27 October, 3 November, 8 November and 15 Nov
Barton Gold Holdings — Australian Gold Conference 2022 on 6ix