Barton Gold Holdings Limited · ASX:BGD
Barton Gold — Gold Events Virtual Gold Conference (February 2022)
26 slides from Barton Gold's conference presentation, Feb 10, 2022
Slide 1: South Australia's Emerging Gold Developer
South Australia’s Emerging Gold Developer Presentation to Gold Events Perseverance Mine, 10 February 2022 Virtual Gold Conference 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: Investment Highlights
Investment Highlights Rapidly Building Scale in a Proven Gold District Strategic Gold ▪ Pure-play SA explorer in a world-class province Central Gawler Mill Platform ▪ ~4,660km2 tenements and JV gold rights ▪ ~1.1Moz Au (1.2 g/t) JORC Mineral Resources1 ~130km Tarcoola ▪ 100% ownership of region’s on
Slide 4: Discovery & Development Strategy
Discovery & Development Strategy Grow Mineral Resources → Enhance Scale Development Options Northern Northern Hub ▪ Region’s only gold mill (100% Barton): ~650ktpa Hub EL6625 CIP, ~94.5% gold recoveries; limited refurb costs1 Central Gawler Mill & Challenger Mine (100%) ▪ ~19-21% rights in local JVs
Slide 5: Rapid Progress Since IPO
Rapid Progress Since IPO Building Momentum & Value Since June 2021 IPO:1 Tarcoola: ✓ New ~350m long Perseverance West gold zone ✓ ~200m depth extensions to Perseverance open pit Barton is: ✓ +25 shallow near-mine targets identified on ML ➢ developing new ✓ ~80.5km2 gravity surveys over regional targ
Slide 6: Corporate Snapshot
Corporate Snapshot Capital Structure3 Projects Snapshot Shares on Issue 175,616,719 Market Cap ($0.25 / share) $43.9m 2 4,660km2 Exploration Projects Tenements & JVs Cash (31 Dec 2021)4 $11.6m Enterprise Value5 $32.3m 2 ~1.1Moz Au Options on Issue3 10,780,000 Brownfield Mines JORC (2012) Resources1
Slide 7: Experienced Leadership Team
Experienced Leadership Team Board of Directors Key Management & Technical Team Mark Connelly (Non-Executive Chairman) Alexander Scanlon (Managing Director & CEO) ▪ +30 years’ resources experience including with Newmont, Inmet and Endeavour Mining ▪ Economist with +15 years’ experience in structured
Slide 8: Tarcoola Proven Producer, Scale Potential
Tarcoola Proven Producer, Scale Potential Camp-Scale System with Brownfields Open Pit ▪ 100% owned N ▪ ~70km N/NW of Tunkillia Project ▪ ~1,202km2 tenement package1 2020 High-Resolution Aeromagnetics & 2D Seismic Reprocessing / Interpretation ▪ ~77koz Au produced from 64kt ore at average grade of 37
Slide 9: Tarcoola Shallow Open Pit w/ Extensions
Tarcoola Shallow Open Pit w/ Extensions New ~350m Long High Grade Gold Zone Adjacent to Main Structure ▪ Two parallel structures offset by ~50-100m; potential high-value SSW pit extension opportunity1 ▪ Most intersections not yet included in Resources Perseverance Mine Long Section with 2020 0.2 g/t
Slide 10: Tarcoola Shallow New ML Targets
Tarcoola Shallow New ML Targets R&D Applications Providing Multiple High-Value Opportunities Legend: ‘Lookalike’ Targets Calcrete Anomaly N Tectonic Structure 3 2 Gold Occurrences Historical Mine 1 Perseverance Mine ML6455 2 1 Potential Near-Mine ‘Perseverance Repeat’ Targets within ML64551 ▪ Ground
Slide 11: Tarcoola Camp-Scale Repeating System
Tarcoola Camp-Scale Repeating System New Regional Structural Model Indicates Significant Discovery Potential1 Perseverance ▪ New structural model with ~14km of analogous Mine structures - correlates with historical surface data1 ▪ 2022 drilling on priority targets for new discoveries ▪ Significant p
Slide 12: Tunkillia ~1Moz Au Growth Platform
Tunkillia ~1Moz Au Growth Platform Large-Scale Baseload Mineralisation Near Tarcoola ▪ 100% owned Tarcoola Project (100%) N ▪ ~70km S/SE of Tarcoola EL6210 ▪ ~1,285km2 tenement package1 Perseverance OP Mine 16koz Au @ 1.3 g/t Au ▪ ~50km strike on major shear systems analogous Yerda Shear to major Ka
Slide 13: Tunkillia High Value Road Map
Tunkillia High Value Road Map Advanced Targets = Immediate Camp-Scale Opportunity ~4 km ▪ Broad mineralisation with higher-grade domains ▪ Advanced satellite targets are prospective for large-scale discoveries and significant new mineralisation1 ~6 km N 223 Deposit Outline Calcrete Gold Anomaly Targ
Slide 14: Tunkillia Rapid Growth
Tunkillia Rapid Growth Converting Historical Data with New Analysis ▪ The 223 Deposit is part of a much larger system of mineralisation on the western and eastern shear margins ▪ Barton is rapidly expanding the Tunkillia project footprint ▪ Post-IPO drilling has already confirmed:2 ▪ ~250m long high
Slide 15: Tunkillia Untapped District Scale Potential
Tunkillia Untapped District Scale Potential Major Structure in Historical Gold District EL6639 N 223 Deposit Cross Section w/ Magnetic Inversion Area 191 ▪ Yarlbrinda Shear mostly & AEM Resistivity Inversion Area 51 Tomahawk untested; 223 Deposit covers Ore Shells 223 North only a tiny portion Mag I
Slide 16: Development Next 12 Months
Development Next 12 Months New Discoveries, Extensions & Mineral Resources Exploration & Development • Extend new Perseverance West gold zone Tarcoola • Test priority near-mine shallow targets • New discoveries at priority regional targets • Extend new 223 North gold zone Tunkillia • Test and valida
Slide 17: Compelling Value
Compelling Value ~3x Multiple to Trade In-Line with Peers Barton Gold ASX Peer Group1 A$400/oz ASX Listed, Australian Open Pit Projects (sub 1.3 g/t Au) 10,000 Exploration / 8,969 Construction / EV/Resource (A$/oz) 9,000 A$350/oz Studies Production Resource (koz Au) 8,000 $301 A$300/oz 7,000 A$250/o
Slide 18: Annexures
Barton Gold Annexures 18
Slide 19: Innovation ADI – "Proof of Concept"
Innovation ADI – “Proof of Concept” DEM’s Accelerated Discovery Initiative (ADI)1,2 ▪ Improving detection processes for Au systems in Gawler Craton ▪ Trial of integrated soil geochemistry techniques ▪ Leveraging CSIRO research, IP and proprietary technologies ▪ Multiple methodologies o Biogeochemist
Slide 20: Innovation Portable XRF Au-in-soil analysis
Innovation Portable XRF Au-in-soil analysis CSIRO / Portable ppb’s “DetectORE” technology1 ▪ Bulk field sample @ -2mm ▪ Detections limits <20ppb Au, possibly to ~10ppb Au ▪ Results turnaround time ~1 - 2 days 1 https://portableppb.com/files/1_detectORE_Overview_Website_April2021.pdf 20
Slide 21: Innovation Ultrafine+ & Biogeochemistry
Innovation Ultrafine+ & Biogeochemistry TM Leveraging CSIRO & GSSA’s research & application ▪ Trialing emerging but proven geochemistry techniques to improve detection of buried mineralization ▪ Leveraging established research, service providers and local GSSA knowledge 21
Slide 22: Tunkillia Central 223 Deposit
Tunkillia Central 223 Deposit Validating the High Grade (+2g/t Au) Domaining1 Tunkillia Central Area 223 Significant Intersections2 Tunkillia Central Area 223 Long Section with Significant Intersections2 1 Refer to Prospectus 2 Refer to Barton ASX announcement dated 15 November 2021 22
Slide 23: Tunkillia 223 North
Tunkillia 223 North Validating Potential for Along-Strike Additions1,2 ▪ New ~800m continuity of mineralisation at 223 North2 ▪ Best new intersection of 10m @ 3.65g/t Au2 ▪ Open at depth and along strike ▪ Opportunity to extend significantly to NW and toward 223 1 Refer to Prospectus 2 Refer to Bart
Slide 24: Peer Comparison Data Sources
Peer Comparison Data Sources All Data Sourced from Company Materials Published on ASX Platform Com pany: M a rm o t a Lim it e d A nglo A us t ra lia n Ka iro s M ine ra ls S a t urn M e t a ls A po llo C o ns o l. B a rt o n G o ld Kin M ining A us go ld Lim it e d C a lidus R e s o urc e s C a pri
Slide 25: JORC (2012) Mineral Resources
JORC (2012) Mineral Resources1 ▪ Table shows complete Mineral Resources Estimate (MRE) for each Project on a 100% basis, with Barton’s ownership interest indicated for each Project ▪ Total Attributable 1,108koz Au reflects Barton aggregate pro- rata ownership of Project MREs *Figures subject to roun
Slide 26: 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 dated 29 September, 20 October, 27 October, 3 November, 8 November and 15 Nov
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