Barton Gold – Exploration And Development Updates At The Tunkillia and Tarcoola Projects, Along With Testing Regional Targets
Alex Scanlon, Managing Director and CEO of Barton Gold (ASX: BGD) (OTCQB: BGDFF), joins me to review ongoing exploration and development work programs and news over the last few months, at both the Tunkillia and Tarcoola Projects in South Australia, as well as new regional targets.
We start off reviewing the updated Tunkillia Gold Project JORC Resources that have grown earlier this year to 1.5Moz Au, and that the company is doing more derisking work and exploration to optimize inputs that went into the Initial Scoping Study released on July 15th, to continue to build scale for a large bulk-tonnage open pit development scenario.
Next we transitioned over to the Tarcoola Project, and some of the recent exploration success and new Tolmer Gold system discovery and expansion in the 10,000 meter drill program carried out between May and July of this year. Alex points out that Tarcoola gives the company optionality in that it is a higher-grade open pit that could be trucked up to their 100% owned Central Gawler Mill to bring in revenues and augment the development funds needed down at Tunkillia.
The company has just launched a 10,000 meter regional aircore (AC) drilling program begins on Lake Labyrinth Shear Zone (LLSZ), targeting large-scale alteration along strike from Indiana Resources’ high-grade Minos Project. There are several regional targets that will be tested in this program, and then the drill rig will move back to Tarcoola and Tunkillia to test a few more targets near the know resources.
- If you have any questions for Alex about Barton Gold, then please email me at Shad@kereport.com.
