Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Shareholder Meeting (November 2024)
17 slides from Barton Gold's shareholder meeting presentation, Nov 28, 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 28 November 2024 | Annual General Meeting Presentation 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: Chair's Address
Chair’s Address On behalf of the Company, I am pleased to welcome Barton Gold shareholders to this year’s Annual General Meeting. We acknowledge and pay our respects to the Kuarna people, the traditional custodians whose ancestral lands we gather on and of the many peoples represented by the Antakar
Slide 4: Chair's Address
Chair’s Address We are pleased to report that Barton’s continued asset monetisation efforts have now generated over $10m in non-dilutive cash over the past three years, covering 100% of our corporate costs since IPO, extending our value-add exploration budget, and minimising overall shareholder dilu
Slide 5: Advancing SA Gold
Advancing SA Gold Strategic ‘first mover’ with permitted 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 Gawler Craton: 130 year gold production history (2) • ~5,000km2 tenements (
Slide 6: FY24 Year in Review
FY24 Year in Review Significant outcomes leading further progress1 Tunkillia → 1.50Moz Au Tarcoola seismic programme $4.25m gold sale (~1,400oz) New Chief Financial Officer ~1,400oz Au concentrates produced Tarcoola open pit → 20koz Au New Tunkillia N/S Gold Zones $1.49m JMEI Tax Credits New Tarcool
Slide 7: Following the Leader
Following the Leader Volumetric capital and operating efficiencies are the path to lower costs and higher profits $7.00 1 Aug 2024 ASX:CMM (Mkt Cap ~A$2.25bn) - Karlawinda Project (1,2) 2.25Moz Au (0.7g/t)(4) $6.00 • Bulk open pit and 4.5Mtpa mill → 120koz annual production • One of Australia’s lowe
Slide 8: Tunkillia Initial Scoping Study
Tunkillia Initial Scoping Study Validates scale 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$1,626 LoM EBITDA NPV7.5% (unlevered) payback cash / oz Au
Slide 9: Tunkillia Staged Mine Design
Tunkillia Staged Mine Design LoM extension opportunities, with high-value ‘Starter’ pit LoM design includes: (1) (1) Source • ~66% Indicated and ~34% Inferred Resources • Extension / growth drilling underway High-value ‘Starter Pit’: (1) • First 18 months de-risks development plan Growth drilling ta
Slide 10: Tarcoola Emerging Platform
Tarcoola Emerging Platform New 3D architectural model for high-grade historical goldfield Structures mapped under ~15km historical high-grade gold field (1) First time since 1893 that gold occurrences can be put into a consistent structural framework Significant opportunity: • Previously unknown str
Slide 11: 2025 Strategic Outlook
2025 Strategic Outlook Global events and geopolitical trends remain ‘favourable’ to LT gold thematic US Elections: - Things have already changed: ‘American Dream’ social contract, USD hegemony, US influence - Some problems are entrenched: political vitriol, US debt / fiscal deficits, inflationary po
Slide 12: Key Focus Areas
Key Focus Areas 2025 focus on crystallising dual ‘Stage 1 / 2’ pathways Marmota (MEU) Darwin Rail 286koz Au Staged approach shaping up Central Gawler Mill Peak Iron 650ktpa capacity Marmota (MEU) Peculiar Knob Aurora Tank (Au) Fe 66koz @ 3.9 g/t Au • Establish core project platforms Peak Iron BHP
Slide 13: Capital Structure
Capital Structure Register consolidating around strong management and track record of reliable, low-dilution progress ($AUD) Share Distribution (5) Shares on issue (1) 218.7 million Board & Management 20% 22% Market Cap ($0.26 / share) (2) $56.9 million Institutional & Corporate Cash (3) $8.8 millio
Slide 14: Experienced Leadership
Experienced Leadership Strong SA and gold pedigree Board of Directors Senior Management Ken Williams | Non-Executive Chair Nicola Frazer | Chief Financial Officer • ~30 years in mining, aviation & financial services • ~25 years in South Australian mining & oil / gas • Former CFO Normandy Mining (New
Slide 15: 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 15
Slide 16: 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 17: 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
Barton Gold Holdings — Shareholder Meeting (November 2024) on 6ix