ADELAIDE, AUSTRALIA / ACCESSWIRE / September 30, 2024
HIGHLIGHTS
Follow up drilling to July 2024 Tarcoola JORC Mineral Resource Estimate (MRE) confirms new adjacent zones of shallow pit floor gold mineralisation, with key high-grade assays including:
Hole ID Interval (m) Grade (g/t Au) Depth (m)
TBM0212 5m @ 5.94 from 11m 1m @ 23.8g/t Au
TBM0209 4m @ 10.4 from 32m 1m @ 34.4g/t Au
TBM0215 6m @ 6.17 from 39m 2m @ 13.4g/t Au
TBM0215 5m @ 6.07 from 99m 1m @ 28.3g/t Au
TBM0213 7m @ 9.63 from 67m 2m @ 28.0g/t Au
Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm further high-grade open pit Perseverance Mine assays at the Tarcoola Gold Project (Tarcoola).
Figure 1 – Perseverance Mine with July 2024 MRE outline (red) and targeted drilling areas (green)
Commenting on the latest Perseverance Mine drilling results, Barton MD Alexander Scanlon said: “We are pleased to confirm further high-grade mineralisation in the Perseverance Mine’s open pit floor.”
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Effect on Me
Based on the latest drilling results, investing in Barton Gold Holdings Limited (ASX:BGD) may present a profitable opportunity for individuals seeking to capitalize on high-grade open pit gold mineralisation in the Tarcoola Gold Project.
Effect on the World
The confirmation of further high-grade mineralisation in the Perseverance Mine at the Tarcoola Gold Project could potentially lead to increased interest and investment in the gold mining industry globally. This could have a positive impact on economic growth and development in regions where gold mining is a significant contributor to the economy.
Conclusion
In conclusion, the recent drilling results at the Tarcoola Gold Project are a promising development for Barton Gold Holdings Limited and the gold mining industry as a whole. The discovery of new high-grade mineralisation opens up opportunities for growth and profitability in the sector, benefiting both investors and the global economy.