Barton Gold Holdings Limited · ASX:BGD
Barton Gold — New Orleans Investment Conference 2023
22 slides from Barton Gold's conference presentation, Nov 3, 2023
Slide 1: South Australia's 1.3 Moz Au Growth Platform
ASX:BGD FRA:BGD3 OTCQB:BGDFF South Australia’s 1.3 Moz Au Growth Platform 3 November 2023 | New Orleans Investment Conference 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: South Australia's Gold Co
South Australia’s Gold Co Strategic ‘first mover’ advantage re-opening 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) • Under-explored with Multi
Slide 4: Capital Structure
Capital Structure Accessible, aligned, and institutionally supported ($AUD) Share Distribution 6 Shares on issue (1) 195.5 million Board & Management Market Cap ($0.24 / share) (2) $46.9 million 60% 23% Institutional & Corporate Cash (3) $9.3 million Enterprise Value (4) $37.6 million HNW & Retail O
Slide 5: Experienced Leadership
Experienced Leadership Strong SA and gold pedigree Board of Directors Senior Management Ken Williams Alexander Scanlon Non-Executive Chair Managing Director & CEO • ~30 years in mining, aviation & financial services • ~20 years in principal investments and resources • Former CFO Normandy Mining (New
Slide 6: The Big Picture
The Big Picture Leverage existing platform to long-term gold leadership Cu River Cairn Hill Fe WGCJV Darwin Railway Large-scale ambition 286koz Au Peak Iron Peculiar Knob • Build SA’s largest independent Central Gawler Mill Marmota (MEU) Fe gold producer (150kozpa) 650ktpa throughput Aurora Tank (
Slide 7: Our Heroes
Our Heroes Making the case for large-scale, lower-grade open pit operations 27 July 2023 $6.00 ASX:CMM (Mkt Cap ~$1.75bn) - Karlawinda Project (1,2) 2.2Moz Au (0.7 g/t) • Methodically built foundations with a focus on scale efficiencies (5Mtpa mill) $5.00 • One of Australia’s most profitable gold mi
Slide 8: Unlocking Value
Unlocking Value Laying solid foundations for long-term value Barton Gold is applying new technologies and leveraging its asset platform to accelerate regional development, reduce exploration and discovery costs, and minimise dilution Significant ongoing success and value created since June 2021 IPO
Slide 9: Building Support & Awareness
Building Support & Awareness Divergence vs. gold / gold equities over 12 months 220% • Consistent progress and performance is building awareness of BGD proposition 200% • Continuous asset monetisation benefits 180% and cost-efficient Resources growth $0.24 160% • BGD’s value proposition validated by
Slide 10: Looking Forward
Looking Forward Priorities for FY24 & longer-term strategic objectives Cu River Cairn Hill Fe 1 Tunkillia: Keep Building Scale WGCJV Darwin Railway 286koz Au Peak Iron • Anchor for 150,000ozpa ambition Peculiar Knob Fe Central Gawler Mill Marmota (MEU) • Efficiencies of scale: pathway to 650ktpa t
Slide 11: Tunkillia Growing Rapidly
Tunkillia Growing Rapidly Systematically building large-scale, bulk open-pittable mineralisation Expanding +1Moz gold platform Area 51 N • Shallow historical drilling during low gold prices: 80% completed between 1996 - 2005 (gold <US$400/oz) (1) Area 191 • Have grown cornerstone ‘223 Deposit’ twice
Slide 12: Tunkillia 223 Deposit
Tunkillia 223 Deposit Conservative modeling with production mentality → goal is bulk efficiency & strong reconciliations ➢ ~80% of MRE tonnes & ounces within 200m of surface (1) ➢ ~300m long high-grade core with 80m+ width (1) ➢ ~225koz Au in shallow (~40m deep) supergene blanket (1) (1) ~400m N (1)
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
Tarcoola Perseverance Mine Majority of intersections not yet modeled in Mineral Resources SSW NNE Perseverance West (1) • 4m @ 6.85 g/t Au from 28m • 7m @ 9.72 g/t Au from 42m • 5m @ 20.6 g/t Au from 59m • 6m @ 8.76 g/t Au from 96m • 4m @ 11.4 g/t Au from 111m • 5m @ 48.9 g/t Au from 115m NNE Sectio
Slide 16: Tarcoola Unlocking Geology
Tarcoola Unlocking Geology Mapping out an exciting system of potential ‘repeats’ targets across the historical Tarcoola Gold Field Tarcoola Perseverance Mine • Mapping out a new geological model Warburton 16m @ 3.4 g/t Au West ~3.8 g/t Au ore (2018) Tolmer • Major structures underlying hundreds from
Slide 17: Asset Monetisation
Asset Monetisation On track to generate ~$10m non-dilutive cash; protecting shareholders from excess dilution • R&D tax incentives and grants, surplus assets, mill workover (gold concentrates) • Ongoing review of surplus assets, existing stockpiles and historical tailings
Slide 18: Coming Up
Coming Up Continuing 2023 pace into 2024 H1 H2 H1 Tunkillia│Keep building scale CY23 CY23 CY24 Resource growth drilling Regional exploration drilling Tarcoola│Accelerate Stage 1 option Structural interpretation Seismic targeting Structural / Resource drilling Regional exploration drilling Corporate│
Slide 19: Summary
Summary Platform & performance → Value Strategic platform with valuable existing infrastructure Growing quickly under strong and aligned leadership Well capitalized with clear development pathway Multiple catalysts and frequent news Accessible in AUD, USD and EUR on Australian, US and German markets
Slide 20: 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 21: JORC (2012) Mineral Resources
JORC (2012) Mineral Resources(1) Table shows complete Mineral Resources Estimate (MRE) for each Project on a 100% basis, with Barton’s ownership interest indicated below each Project’s name Total Attributable endowment of 1,297koz gold reflects Barton’s aggregate pro-rata ownership of each respectiv
Slide 22: 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 — New Orleans Investment Conference 2023 on 6ix