from Edison Investment Research Limited (LON:KEFI)
Edison issues report on Barton Gold (BGD)
Edison Investment Research Limited
London, UK, 2 September 2024
Edison issues report on Barton Gold (BGD) Edison issues report on Barton Gold (ASX: BGD). The publication of the results of its initial scoping study on the Tunkillia project on 16 July puts Barton well on the road to executing its three-phase development strategy to achieve c 150,000oz gold production. The study posited a 5Mtpa bulk open-pit mine operating over 6.4 years to process 30.7Mt of material at an average grade of 0.93g/t Au to generate a pre-tax NPV7.5 of A$512m and an internal rate of return (IRR) of 40% at a gold price of A$3,500/oz, an average all-in sustaining cost of A$1,917/oz and an initial capital cost of A$374m. Barton is now advancing an optimisation review targeting further cost savings and mine life growth. Click here to read the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities. For more information, please contact Edison: Connect with Edison on:
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1979687 02-Sep-2024