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Barton Gold’s (ASX:BGD) geotechs have restarted the rig on-site the floor of the Tarcoola Open Pit mine as the company’s Q2 campaign gets underway.
Called the ‘Perseverance pit,’ Barton’s sniffing out new mineralisation leads on the back of an updated structural model for Tarcoola.
The company is hopeful that anything it does find in this 1,500m drill campaign will only reflect ‘Stage 1’ potential.
The company had to wrap up operations in late 2023 due to severe weather on-site.
Some 12 holes will be sunk for 1,100m targeting areas where gold mineralisation is interpreted to immediately continue on the pit floor.
After that’s wrapped up, 600m worth of diamond core from September 2023 will be assayed along with other materials.
Barton’s overall strategy is to boost its JORC for the open pit component of its acreage – a feat that will remain on-radar through 2024.
“Even minor open pit extensions can offer high-value ounces considering our fully permitted Mining Lease, fully licensed mill, and the significantly reduced capital and operating requirements for an existing open pit mine,” Barton chief Alex Scanlon said.
“Shallow, easily accessible mineralisation in this historical high-grade producing field could enhance the overall economics of a large-scale Tunkillia development.”
BGD shares last traded at 28cps.
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