Barton Gold Holdings Limited (ASX: BGD) has successfully completed the Tarcoola Phase 3 and Tunkillia Phase 2 drilling programmes in South Australia for a total of 6,427m reverse circulation (RC) drilling.
All Tarcoola samples have been sent to the company’s lab services provider, and Tunkillia samples will be provided shortly. Assay results are expected to start arriving in six to eight weeks’ time.
Tarcoola Phase 3 Drilling
Prior Phase 1 and 2 drilling programs during 2020 and 2021 identified ~200m depth extensions of mineralisation and a new ~350m long Perseverance West gold zone adjacent to the Perseverance open pit mine.
Phase 3 drilling has completed 19 holes totalling 3,267m to extend and infill Perseverance West to confirm new easily accessible Mineral Resources, and test the School and Ealbara regional prospects as co-funded by Round 2 of the South Australian Accelerated Discovery Initiative (ADI) Programme.
Tunkillia Phase 2 Drilling
Prior Tunkillia Phase 1 drilling completed during September 2021 identified two new gold zones (223 North and Area 191) totalling ~1.5km of new mineralisation and also confirmed a higher-grade zone of mineralisation within the cornerstone 223 Deposit (26.1Mt @ 1.15 g/t Au for 965koz Au).
Phase 2 drilling has completed 20 holes totalling 3,160m to test a high priority discovery target at Area 51 (~3km NW of the 223 Deposit) as well as potential extension targets at the new 223 North gold zone.
“We are pleased to complete another two drilling programs safely and efficiently, both of which we expect will yield some interesting and informative results based upon extensive recent analysis and prior work,” MD Alexander Scanlon said.
“We have also been able to optimise the drilling programs ‘on the fly’ while in field, saving considerable drilling time and funds for allocation to follow up discovery, extensional and Mineral Resource conversion drilling programmes planned for later this year.
“We are just scratching the surface at these projects, and the combination of Tarcoola’s high-grade open pit extensions with Tunkillia’s rapidly expanding footprint offers interesting near and long-term conceptual development options. Our focus for 2022 remains on continued scale discovery and Resources growth.”
For further information please visit: https://bartongold.com.au/
