Barton Gold Holdings Limited (ASX: BGD) has commenced a major reverse circulation (RC) drilling programme targeting approximately 9,000m drilling at the Tunkillia Gold Project in South Australia.
Drilling is focused on creating an updated Mineral Resources Estimate (MRE) at Tunkillia, where the mineralised footprint has grown considerably since completion of Barton’s June 2021 Initial Public Offering (IPO). July 2021 drilling discovering two new gold zones at the 223 North and Area 191 prospects, and also confirming a higher-grade gold zone central to the 965,000oz Au 223 Deposit.
The company’s May 2022 drilling program has also recently identified a new ~500m long Area 51 gold zone.
The current drilling programme will target depth extensions of the existing 223 Deposit, with a focus on the central and southern zones which exhibit higher grade mineralisation.
“Drilling to date has clearly demonstrated the significant gold endowment at Tunkillia. We have initially focused on new discoveries to confirm the significant growth potential of Tunkillia and to increase the project’s overall footprint,” MD Alex Scanlon said.
“Following our recent successes on this front, we are now able to shift toward a dual strategy of continued discovery and Resources growth.
“With new gold mineralisation identified at every target we have tested, across only a tiny fraction of the Yarlbrinda Shear Zone, we believe the upside potential in this project is substantial.”
For further information please visit: https://bartongold.com.au/
