Announcement Date: 2022-08-22
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Barton Gold Ltd.
Project name: Tarcoola
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 2m @ 7.07g/t Au from 52m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Barton Gold Holdings Limited (ASX: BGD) (Barton or the Company) is pleased to announce assay results from the remaining three holes of its 3,267m May 2022 drilling at the Tarcoola Gold Project (Tarcoola). The mineralised assays are from the Perseverance West gold zone located at the southern end of the shallow open pit Perseverance Mine, and confirm further western extensions of mineralisation. Perseverance West was initially discovered by Barton during its August 2020 Phase 1 Tarcoola drilling program.1 Assays for the completed drilling at the School and Ealbara prospect areas2 have also been received although no significant mineralisation has yet been intersected from this drilling, in part due to the thick cover sequence being tested at Ealbara pursuant to the Company’s Accelerated Development Initiative (ADI) Round 2 funding grant from the South Australian Government. Barton’s August 2020 and July 2021 drilling programs discovered multiple shallow high-grade structures and gold-enriched zones at Perseverance West to ~125m depth in Tarcoola Formation lithologies.3 The May 2022 drilling campaign was designed to infill drill the gold mineralisation, improve confidence in continuity, and to contribute to a future mineral resource estimate update.
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