Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Investor Presentation (April 2023)
21 slides from Barton Gold's investor presentation, Apr 26, 2023
Slide 1: South Australia's 1.3 Moz Au Growth Platform
ASX:BGD South Australia’s 1.3 Moz Au Growth Platform 26 April 2023 | Tunkillia Mineral Resources Update 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: Leveraging Strategic Assets
Leveraging Strategic Assets Strategic ‘first mover’ advantage re-opening a proven gold district Strategic regional position in renowned Gawler Craton • South Australia: 25% of AUS gold Resources, only 2.5% of production (1) – major historical focus on copper and uranium development • 1.3Moz Au JORC
Slide 4: Capital Snapshot
Capital Snapshot Strong management and shareholder alignment Capital Structure ($AUD) Share Price ($AUD) $0.30 Shares on Issue (1) 176 million $0.25 Market Cap ($0.23 / share) (2) $40.5 million Cash (3) $8.29 million $0.20 Enterprise Value (4) $32.2 million $0.15 Options on Issue (1) 18.6 million $0
Slide 5: Leadership: Strong SA and gold pedigree
Leadership Strong SA and gold pedigree Board of Directors Key Management Ken Williams Nicholas Byrne Non-Executive Chairman Chief Financial Officer • +30 years’ experience in Australian resources, aviation and financial services • CPA with ~30 years’ resources and engineering sector experience • For
Slide 6: Corporate Ambition
Corporate Ambition Leverage platform to long-term gold leadership Cu River Cairn Hill Fe Large Scale Ambition Darwin Railway WGCJV 286koz Au Peak Iron • Develop South Australia’s largest Peculiar Knob independent producer (150kozpa) Central Gawler Mill 650ktpa throughput Marmota (MEU) Fe on +2Moz
Slide 7: Our Heroes: Proving the case for large-scale open pit operations
Our Heroes Proving the case for large-scale, lower-grade open pit operations 27 Oct 2022 Resource Update 2.29Moz Au (0.7 g/t) Reserve Update $2.0 Karlawinda Project (ASX:CMM)(1,2) 1.34Moz Au (0.8 g/t) Mkt Cap • CMM methodically built foundations, then focused on scale efficiencies (A$bn) • Bulk OP o
Slide 8: Building Momentum
Building Momentum Laying solid foundations for long-term value Tunkillia 223 Deposit Applying new technologies to build competitive advantage, accelerate regional discovery and development JORC Mineral Resource Estimate (MRE) (5) Leveraging asset platform to cover corporate costs, extend treasury, U
Slide 9: Tunkillia +1Moz Growth Platform
Tunkillia +1Moz Growth Platform Building up large-scale ‘Stage 2’ mineralisation Mulgathing Large-scale mineralisation Updated MRE (Apr 2023) with Complex for bulk lower-risk / cost 3 new gold zones confirmed Archaean ‘Stage 2’ operations model (+2km new mineralisation) (2) Greenstone EL6845 Major s
Slide 10: Tunkillia Growing Rapidly
Tunkillia Growing Rapidly Systematically building foundation for large-scale growth and development Gold endowment broader than previously recognised Area 51 N the 223 Deposit part of a much larger mineral footprint 3 new gold zones (223N, 191 & 51) since Nov 2021 Area 191 new gold zones ~double Pro
Slide 11: Tunkillia 223 Deposit
Tunkillia 223 Deposit Conservative modeling with production mentality; → goal is bulk efficiency and strong reconciliations (1) Strong return on drilling: (1) • $2.3m invested → 41 RC holes (9,901m) & 5 DD holes (1,346m) • 50m - 150m depth extensions (north, central and south targets) • Low cost: $1
Slide 12: Tunkillia 223 Mineralisation
Tunkillia 223 Mineralisation Broad bulk-efficiency mineralisation, with a ~300m long high-grade core Key characteristics: (1) • ~225,000oz Au in shallow (~40m deep) supergene blanket • ~80% of MRE tonnes and ounces within 200m of surface • Broad (40 – 80m) mining widths; ~300m long high-grade core (
Slide 13: Tunkillia District Scale Potential
Tunkillia District Scale Potential Existing 1.15Moz corner house, BGD owns the neighbourhood (1) N Area 191 Area 51 Tomahawk 223 North 223 Deposit 1.15Moz Au Tunkillia A 30 Vermin Fence km Boggy North Rope West Tunkillia B Southern Dilation Area 51: +700m long zone → Just the first in a long list of
Slide 14: Tarcoola High-Grade History
Tarcoola High-Grade History High-grade mineralisation for ‘Stage 1’ feed and ‘Stage 2’ blend Darwin Rail The home of South Australian gold • South Australia’s 1893 gold rush on ML6455 N • ~77koz Au @ 37.5 g/t from (1900 – 1955) (1) • Historically underexplored prime ground in Tarcoola Formation /
Slide 15: Tarcoola Open Pit Extensions
Tarcoola Open Pit Extensions 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 Sect
Slide 16: Tarcoola ML & Western Targets
Tarcoola ML & Western Targets Regional work is mapping out an exciting target field Legend: Warburton Tarcoola Perseverance Mine 16m @ 3.4 g/t Au West ~3.8 g/t Au ore (2018) ‘Lookalike’ Targets Tolmer Calcrete Anomaly N from 4m depth Dark Hill Dark Hill E Tectonic Structure 2 3 Gold Occurrences Hist
Slide 17: Coming Up… A transformative year underway
Coming Up… A transformative year underway H1 H2 H1 Tunkillia CY23 CY23 CY24 Growth Drilling 223 Deposit Area – Follow-up Regional Targets (Southern Corridor) Mineral Resource Estimate Tarcoola Structural Interpretation Regional 2D Seismic Drilling (ML6455 & Western Targets) Mineral Resource Estimate
Slide 18: Summary
Summary Platform, purpose & performance → Value Strategic platform with valuable ‘Stage 1’ infrastructure and fully permitted Mining Leases in place; BGD continuing to de-risk Rapid growth with a clear pathway for long-term development and large-scale, low-cost gold production Well capitalized and l
Slide 19: 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 ASX:BGD
Slide 20: 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 21: 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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