Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Perth RIU Resurgence Conference 2021
28 slides from Barton Gold's conference presentation, Dec 2, 2021
Slide 1: South Australia's Emerging Gold Developer
South Australia’s Emerging Gold Developer Presentation to Perth Perseverance Mine, 2 December 2021 RIU Resurgence Conference 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 Building Scale in a Proven Gold District Advanced Gold • Unique ASX profile as a pure-play, large-scale SA gold explorer Explorer • Strategic footprint in world-class province and proven gold district Central Gawler Mill Significant • ~4,660km2 tenements and JV gold rights Foun
Slide 4: Corporate Overview
Corporate Overview Capital Structure3 Projects Snapshot Shares on Issue 175,616,719 Market Capitalisation ($0.215 / share) ~$37.8m 2 4,660km2 Exploration Projects Tenements & JVs Cash (@ 30 Sep 2021)4 $12.9m Enterprise Value5 ~$24.9m 2 ~1.1Moz Au Options on Issue3 10,780,000 Brownfield Mines JORC (2
Slide 5: Experienced Leadership Team
Experienced Leadership Team Board of Directors Key Management & Technical Team Mark Connelly (Non-Executive Chairman) Alexander Scanlon (Managing Director & CEO) ▪ +30 years’ resources experience including with Newmont, Inmet and Endeavour Mining ▪ Economist with +15 years’ experience in structured
Slide 6: Discovery & Development Strategy
Discovery & Development Strategy Grow Mineral Resources → Enhance Scale Development Options Large Scale ▪ Ground underexplored for +20 years; new work shows Northern Exploration assets are more significant than previously understood Hub EL6625 Central Gawler Mill & Resources ▪ Innovation-driven expl
Slide 7: Delivering Immediate Results
Delivering Immediate Results Consistent, Significant Value-Add Since IPO Key Objectives Key Results $15m IPO (before costs) to:1 Since June 2021 ASX Listing:2 Tarcoola: ▪ Confirm Perseverance Mine extensions ✓ ~350m strike and ~200m depth extensions ▪ Validate and identify near-mine targets ✓ +25 sh
Slide 8: Tarcoola Proven Producer, Scale Potential
Tarcoola Proven Producer, Scale Potential Brownfields Open Pit Mine in Camp-Scale Structural Setting ▪ 100% owned N ▪ ~70km N/NW of Tunkillia Project on ~1,202km2 package1 ▪ South Australia’s major hard rock gold producer during early 2020 High-Resolution 1900’s: ~2,400kg (~77koz) Au recovered from
Slide 9: Tarcoola Shallow Open Pit w/ Extensions
Tarcoola Shallow Open Pit w/ Extensions Shallow New High Grade Gold Zone, Significant Depth Extensions ▪ Shallow (~30 - 75m deep) pit with significant depth / profile extensions ▪ Notable intersections include:1 ▪ 4m @ 6.85 g/t Au from 28m ▪ 2m @ 23.8 g/t Au from 45m ▪ 5m @ 20.6 g/t Au from 59m ▪ 2m
Slide 10: Tarcoola New Magnetic Data
Tarcoola New Magnetic Data New Magnetic Data Highlighting Camp-Scale Detail1 1 Refer to Prospectus and Barton ASX announcement dated 29 September 2021 10
Slide 11: Tarcoola Shallow New ML Targets
Tarcoola Shallow New ML Targets Technology Driving Order of Magnitude Gains in Cost-and-Time to Target(s) 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 ML6
Slide 12: Tarcoola Re-evaluation of Existing Data
Tarcoola Re-evaluation of Existing Data GA seismic data1 - L190/08GA-OM1 (N-S) & L203/13GA-EG1 (E-W) ▪ Reprocessed seismic data revealing complex detail and which can be related to known mineralization. 1 Refer to Prospectus 12
Slide 13: Tarcoola Camp-Scale Repeating System
Tarcoola Camp-Scale Repeating System 2020 Seismic Analysis Revealed New Regional Structural Model1 Perseverance ▪ Tarcoola Project underlain by the shallow Tarcoola Formation, Mine which is closely encroached upon by Hiltaba Intrusive bodies1 ▪ Perseverance Shear (Perseverance Mine) plunges to depth
Slide 14: Innovation ADI – "Proof of Concept"
Innovation ADI – “Proof of Concept” DEM’s Accelerated Discovery Initiative (ADI)1,2 ▪ Improving detection processes for Au systems in Gawler Craton ▪ Trial of integrated soil geochemistry techniques ▪ Leveraging CSIRO research, IP and proprietary technologies ▪ Multiple methodologies o Biogeochemist
Slide 15: Innovation Portable XRF Au-in-soil analysis
Innovation Portable XRF Au-in-soil analysis CSIRO / Portable ppb’s “DetectORE” technology1 ▪ Bulk field sample @ -2mm ▪ Detections limits <20ppb Au, possibly to ~10ppb Au ▪ Results turnaround time ~1 - 2 days 1 https://portableppb.com/files/1_detectORE_Overview_Website_April2021.pdf 15
Slide 16: Innovation Ultrafine+ & Biogeochemistry
Innovation Ultrafine+ & Biogeochemistry TM Leveraging CSIRO & GSSA’s research & application ▪ Trialing emerging but proven geochemistry techniques to improve detection of buried mineralization ▪ Leveraging established research, service providers and local GSSA knowledge 16
Slide 17: Tunkillia ~1Moz Au Growth Platform
Tunkillia ~1Moz Au Growth Platform Large-Scale Baseload Mineralisation Near Tarcoola ▪ 100% owned Tarcoola ▪ ~70km S/SE of Tarcoola on ~1,285km2 tenement package1 Project (100%) N EL6210 ▪ ~50km strike on Yerda / Yarlbrinda Shears, major (kms wide) Perseverance OP Mine systems analogous to major Kal
Slide 18: Tunkillia Rapidly Growing Project Footprint
Tunkillia Rapidly Growing Project Footprint Large Scale Development Profile Emerging ▪ Established platform with multi-million-oz camp potential ▪ 223 Deposit discovered in 1996 with drilling since ~2000 focused on 223 Deposit infill; no significant exploration investment for ~20 years1 ▪ Comprehens
Slide 19: 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 19
Slide 20: Tunkillia 223 North
Tunkillia 223 North Validating Potential for Along-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 1 Refer to Prospectus 2 Refer to Barton ASX announcement dated 3 November 2021 20
Slide 21: Tunkillia Untapped District Scale Potential
Tunkillia Untapped District Scale Potential Re-evaluating Mineral Footprints1 223 Deposit Cross Sections with Magnetic Inversion & AEM Resistivity Inversion (green section lines) Area Area 51 191 Area 223 Ore Shells Mag Inversion AEM Resistivity Inversion * Note - Rotated to local grid 1 Refer to Pr
Slide 22: Tunkillia Untapped District Scale Potential
Tunkillia Untapped District Scale Potential Major Structure in Historical Gold District EL6639 N ▪ ~Nearly 1Moz foundation with significant potential upside1 ▪ Total ~30km of total Yarlbrinda Shear Zone strike on EL5901 – multiple 223 Deposit, Area 191 & 223 North opportunities to identify regional
Slide 23: Development Next 12 Months
Development Next 12 Months Prioritise New Discoveries, New Extensions & New Mineral Resources Exploration Priorities Tarcoola • Perseverance West high grade extensions ML • Shallow structures / anomalies near open pit Tarcoola • Enhance regional 3D structural / targeting model Regional • Test highes
Slide 24: Summary
Summary Compelling Value vs True Peers Barton Gold ASX Trading Comparables3 ASX Listed, Australian Open Pit Projects (<1.3 g/t Au) ✓ Unique pure-play SA profile A$400/oz EV/Resource (A$/oz) 10,000 EV/Resource (A$/oz) Exploration / 9,000 Construction / ✓ ~1.1Moz Au Resources + A$350/oz Resource (koz
Slide 25: Annexures
Barton Gold Annexures
Slide 26: Peer Comparison Data Sources
Peer Comparison Data Sources All Data Sourced from Company Materials Published on ASX Platform Indiana Marmota Anglo Kairos Apollo Ausgold Calidus Capricorn De Grey Company: Resources Limited Australian Minerals Saturn Metals Consol. Barton Gold Kin Mining Limited Resources Metals Mining ASX Code: I
Slide 27: 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 28: 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 — Perth RIU Resurgence Conference 2021 on 6ix