Tunkillia project. Source: Barton Gold
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Barton Gold (ASX:BGD) utilised infill drilling to further validate a zone of broad, coherent gold mineralisation at Area 51 within its Tunkillia project in South Australia
  • Building on its recent resource growth at Tunkillia, Barton drilled a further 3450m and 700m of this covered Area 51
  • One intersection included 6m at 5.85 g/t of gold from 69m and 19.95 g/t at gold over 1m from 80m
  • In conjunction with its activities at Area 51, Barton awaits additional assays from its Tunkillia SE Offset target and its Tarcoola Perseverance open pit
  • BGD shares last traded at 25 cents

Barton Gold (ASX:BGD) has utilised infill drilling to further validate a zone of broad, coherent gold mineralisation at Area 51 within its Tunkillia project in South Australia.

In December 2023, Barton grew its Tunkillia resource to 1.38 million ounces gold.

Following up on this success, the company drilled an additional 3450 metres, with 700 metres focused on the targeted Area 51 satellite zone.

Today, Barton reported multiple intersections ranging from 20 to 50 metres wide.

Hole TKB175D encountered 44 metres at 1.81 grams per tonne (g/t) of gold from 64 metres depth.

This included a six-metre intersection of 5.85 g/t of gold from 69 metres and a high-grade zone of 19.95 g/t of gold over one metre from 80 metres depth.

Analysis is underway to convert Area 51 into a new JORC Mineral Resource Estimate (MRE).

“These results further validate the expansive potential of Tunkillia’s gold mineralisation, located ~4km northwest of the 223 Deposit area, Area 51 is the fifth new gold zone we have confirmed within this radius during the past two years,” BGD Managing Director Alex Scanlon said.

“Three of these have recently been converted to JORC Resources during December 2023, and we are now reviewing Area 51 for the same potential as we continue to build out the project’s mineralised footprint.”

Along with its activities at Area 51, Barton awaits additional assay results from its Tunkillia SE Offset target and its Tarcoola Perseverance open pit.

BGD shares last traded at 25 cents.

BGD by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Bourse closes flat after Min Res AGM | November 21, 2024

Besieged Mineral Resources (ASX:MIN) Managing Director Chris Ellison told its AGM he deeply regrets his dodgy…
Man holding health IT icon

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

Alcidion Group Ltd has signed a contract worth $3.7M to enable use of its Miya Precision…
Two Symal Group workers.

Quiet day one for Symal Group but slow ASX start no real surprise

Civil construction company Symal Group (ASX:SYL) had a relatively quiet first day after
Confused reader

MinRes’s Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Who the MinRes Board has decided to move on faster may or may not be amusing,…