Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Investor Presentation (January 2025)
20 slides from Barton Gold's investor presentation, Jan 31, 2025
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 31 January 2025 | Corporate 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: 1.6 Moz SA Developer
1.6 Moz SA Developer 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 tenement
Slide 4: Capital Structure
Capital Structure Strong funding position with register consolidating around aligned management and reliable progress ($AUD) Share Distribution (5) Shares on issue (1) 218.8 million Board & Management 20% 22% Market Cap ($0.275 / share) (2) $60 million Institutional & Corporate Cash (3) $9.2 million
Slide 5: 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 6: Dual Platforms
Dual Platforms Objective to build ~150kozpa dual-hub gold producer Marmota (MEU) Darwin Rail 286koz Au Stage 1: Leverage Central Gawler Mill Central Gawler Mill 650ktpa capacity Marmota (MEU) Peak Iron Peculiar Knob Aurora Tank (Au) Fe 66koz @ 3.9 g/t Au • Leverage the region’s only gold mill to t
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$3.1bn) - 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 lowes
Slide 8: Tunkillia Scale Platform
Tunkillia Scale Platform Rapidly expanding ~1.5Moz gold footprint • Gold endowment larger than previously recognised • 5 new zones + 4 MRE upgrades since Oct 2020 (2) • Efficient growth: ~530koz @ ~A$15/oz ‘all in’ (3) • Scoping Study: competitive ~130kozpa Au (4) Robust ‘base project’ with upside p
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) N 400m Oblique V
Slide 10: 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 11: 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 • ~5,000m RC definition drilling results pending High-value ‘Starter Pit’: (1) • First 18 months de-risks development plan • 180koz
Slide 12: Tunkillia District Scale Potential
Tunkillia District Scale Potential 20km+ of untested strike on a major shear system Mulgathing District scale geology Complex • Major geological ‘triple point’ (1) Archaean Greenstone • Kms-wide Kalgoorlie style shear zone (2) • Potential for significant fluid flows EL6639 Area 191 Early days: major
Slide 13: Tarcoola High-Grade History
Tarcoola High-Grade History feed Potential high-grade ‘Stage 1’ and future ‘Stage 2’ blend ML6455: the home of SA gold Darwin Rail N • 1893 gold rush (~1893 – 1950) produced ~77koz Au @ 37.5 g/t Au (1) • Produced open pit ore @ ~3.8 g/t Au EL7022 → Central Gawler Mill during 2018 (1) EL6860 Persev
Slide 14: Tarcoola Perseverance Mine Extensions
Tarcoola Perseverance Mine Extensions = high-value ounces for existing fully permitted mill Fully permitted mine (1) • Native Title approval and permits in place • Operated 2017-2018 High-value ounces (1) • Pit floor: ~20koz Au • Stockpile: ~10koz Au Extension potential (1) • Grey areas modelled but
Slide 15: Tarcoola Emerging Platform
Tarcoola Emerging Platform New model for historical high- grade goldfield → 1st discovery 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 16: Coming Up
Coming Up Consistent progress = pathway to S1 operations and staged growth Stage 2│Optimise Tunkillia CY 2023 CY 2024 CY 2025 Resource growth drilling Optimised Scoping Study Regional exploration Stage 1│Crystallise feed options Evaluate near-mill feed sources Tarcoola high-grade drilling Regional e
Slide 17: Summary Platform & performance → Value
Summary Platform & performance → Value Strategic platform includes fully-permitted infrastructure Advancing consistently with near-term ‘Stage 1’ options Well capitalized with fully aligned, experienced leadership Multiple catalysts and frequent news Accessible in AUD, USD and EUR on Australian, US
Slide 18: 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 Jade Cook Company Secretary cosec@bartongold.com.au +61 8 9322 1587 18
Slide 19: 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 20: 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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