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- Barton Gold (BGD) completes a diamond drilling program at the Tunkillia project in South Australia
- The 2200-metre program targeted depth extensions of the 223 deposit and the Area 51 zone confirmed in September last year
- Diamond drill results are expected to start flowing in over the next three months
- Additionally, Barton completed 600 metres of reverse circulation drilling to update the 223 deposit’s mineral resource estimate, with further drilling underway at Area 51
- Company shares are down 3.57 per cent to trade at 27 cents at 1:00 pm AEDT
Barton Gold (BGD) has completed a diamond drilling program at the Tunkillia gold project in South Australia.
The company completed 2201 metres of diamond drilling to target the depth extensions of the 223 deposit and the 500-metre-long Area 51 zone, which was announced in September 2022.
Managing Director Alex Scanlon told investors he was pleased to have completed this drilling program.
“With three new gold zones in 12 months, we have shown the local gold endowment to be broader than previously known. We believe this is just the start for this system, where we have another 20 kilometres of untested shear zone strike,” Mr Scanlon said.
Assays are expected to be received over the next three months.
Barton also completed roughly 600 metres of reverse circulation (RC) drilling and mud rotary pre-collars, a program which has been extended at Area 51.
Barton Gold is using the RC drill results to update the 223 deposit’s mineral resource estimate (MRE) which is expected to be announced in April. The company may also complete a new MRE for the Area 51 zone.
Company shares were down 3.57 per cent to trade at 27 cents at 1:00 pm AEDT.
