- Barton Gold (BGD) maps a new zone of gold at its Tunkilia project in South Australia
- The company’s latest drilling work has highlighted a 50-to-100-metre-wide zone of gold, extending the strike length of a 500-metre gold zone at Area 51
- Barton Managing Director Alex Scanlon says indications of another gold system in this area underscore the potential for “significant” discoveries
- Moving forward, Mr Scanlon says the company is excited to keep working its way along the next 20 kilometres of untouched shear
- BGD shares are up 2.22 per cent and trading at 23 cents at 11:50 am AEST
Barton Gold (BGD) has mapped a new zone of gold at its Tunkilia project in South Australia.
The discovery comes from diamond and reverse circulation drilling that tested the extent of a 500-metre-long gold zone at Area 51 first confirmed in September.
The latest results show a 50-to-100-metre-wide zone of gold, taking the mineralisation at Area 51 to over 700 metres of strike.
Moreover, the drilling indicated a “significant” core with a 17-metre intersection grading 3.2 grams per tonne (g/t) gold.
Area 51 is around 3.5 kilometres northwest of Tunkilia’s 223 deposit and contains a 965,000-ounce gold mineral resource.
Barton Managing Director Alex Scanlon said indications of another gold system in this area underscored the potential for “significant” discoveries.
“We have already confirmed depth extensions along 800 metres of the 223 deposit’s strike, a higher-grade core, and three new satellite gold zones,” Mr Scanlon said.
Moving forward, Mr Scanlon said the company was excited to keep working its way along the next 20 kilometres of untouched shear.
BGD shares were up 2.22 per cent and trading at 23 cents at 11:50 am AEST.