Barton Gold Progresses with Tunkillia Upgrade Drilling

Barton Gold Holdings Limited has announced the rapid advancement of its Tunkillia Gold Project upgrade drilling, which is ahead of schedule and under budget. With approximately two-thirds of the 18,000-meter program completed, the first assays from the 'Stage 1' area are expected in the coming weeks. The project aims to yield 365,000 ounces of gold and an operating profit of A$1.3 billion in 2.5 years at a gold price of AUD $5,000 per ounce.

This drilling phase targets converting 'Stage 1' and 'Stage 2' areas to JORC 'Measured' and 'Indicated' categories. The goal is to support expedited project financing. Further optimization is planned with a second drilling stage set for 2026 to convert remaining mineralization. Barton's Managing Director, Alex Scanlon, highlighted the project's promising credit profile due to its swift progress.