Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Melbourne Mining Club (March 2024)
18 slides from Barton Gold's conference presentation, Mar 5, 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 5 March 2024 | Melbourne Mining Club 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: Emerging SA Developer
Emerging SA Developer Strategic ‘first mover’ with existing 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 SA: 130 year high-grade gold production history (2) Regionally strategic
Slide 4: Capital Structure
Capital Structure Shareholder register consolidating around strong management alignment and institutional support ($AUD) Share Distribution 6 Shares on issue (1) 196.6 million Board & Management Market Cap ($0.25 / share) (2) $49.1 million 21% 23% Institutional & Corporate Cash (3) $4.6 million HNW
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 Ambition: Build ~150kozpa independent gold producer Cu River Cairn Hill Fe Darwin Railway Large-scale, long-term strategy Marmota (MEU) 286koz Au Peak Iron Peculiar Knob → Open pit focus: lower cost and risk Central Gawler Mill Marmota (MEU) Fe 650ktpa throughput Aurora Tank (Au) B
Slide 7: Following the Leader
Following the Leader Volumetric capital and operating efficiencies are the path to lower costs and higher profits 27 July 2023 $6.00 ASX:CMM (Mkt Cap ~$1.8bn) - Karlawinda Project (1,2) 2.2Moz Au (0.7 g/t) • Bulk open pit mining & 5Mtpa mill → 120koz annual production $5.00 • Australia’s lowest cost
Slide 8: Tunkillia Scale Platform
Tunkillia Scale Platform Rapidly expanding ~1.5Moz gold footprint • Located on western / eastern margins of major shear zone • Majority of shallow historical drilling completed during low gold price period from 1996 - 2005 (gold <US$400/oz) (1) • 5 new zones and 4 Resource upgrades since Oct 2020 (2
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 high-grade core with 80m+ width (1) ➢ ~277koz Au in shallow (~35m deep) supergene blanket (1) (1) 400m N (1) Oblique View
Slide 10: 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 11: 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 12: 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 13: Tarcoola Targets Unmasked
Tarcoola Targets Unmasked New 3D architectural model for high-grade historical goldfield • Structures mapped across ~10km zone below historical high-grade workings 1 • First time since discovery (1893) that known gold occurrences can be put into a consistent structural framework • Attractive bookend
Slide 14: Coming Up
Coming Up Shifting to Scoping Studies and higher-grade targeting for 2024 Tunkillia│Keep building scale CY 2023 CY 2024 Resource growth drilling Regional exploration drilling Tarcoola│Accelerate Stage 1 option New structural targeting model High-grade targets drilling Corporate│Keep unlocking value
Slide 15: Summary
Summary Platform & performance → Value Strategic platform with valuable existing infrastructure Growing quickly under strong and aligned leadership Well capitalized with clear development pathways Multiple catalysts and frequent news Accessible in AUD, USD and EUR on Australian, US and German market
Slide 16: 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 17: JORC (2012) Mineral Resources
JORC (2012) Mineral Resources * Table shows complete JORC Mineral Resources Estimate (MRE) for each Project on a 100% basis.1 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 Au (Tu
Slide 18: 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 — Melbourne Mining Club (March 2024) on 6ix