ADELAIDE, AUSTRALIA / ACCESSWIRE / November 18, 2024 / HIGHLIGHTS Optimised Scoping Study underway, targeting comminution, power, schedule and pit design ~5,000m reverse circulation (RC) drilling targeting key extensions of block model and pit design Fig 1 – Tunkillia A223 long section showing pit design in stages, March 2024 MRE & key targets
1 Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm that RC growth drilling has commenced at its South Australian Tunkillia Gold Project (Tunkillia). In March 2024 Barton published an updated 1.5Moz Au Tunkillia JORC Mineral Resources Estimate (MRE), followed by an initial Scoping Study (July 2024) outlining competitive production of ~130kozpa gold with an all-in sustaining cost (AISC) of ~A$1,917/oz Au, a 40% equity internal rate of return (Equity IRR), and a 1.9 year payback driven by a higher-grade ‘Starter pit’ producing ~180koz Au during the first ~18 months.1 An optimisation review is now underway targeting key cost drivers.
Charmingly Eccentric
The Tunkillia Gold Project in South Australia is a charmingly eccentric endeavor that is designed to captivate readers with its unique blend of personality and engaging content. With an Optimised Scoping Study currently underway, the project is targeting various aspects such as comminution, power, schedule, and pit design to ensure maximum efficiency and success.
Full of Personality
The Tunkillia Gold Project is not your typical mining operation. It is full of personality and character, setting it apart from other projects in the industry. The team behind Barton Gold Holdings Limited has worked tirelessly to bring this project to life, and their dedication shines through in every aspect of the operation.
Designed for Maximum Reader Engagement
With ~5,000m reverse circulation (RC) drilling targeting key extensions of the block model and pit design, the Tunkillia Gold Project is designed to keep readers engaged and interested in every step of the process. The project’s commitment to transparency and communication ensures that readers are kept informed and involved throughout the entire journey.
Overall, the Tunkillia Gold Project is a one-of-a-kind endeavor that is sure to leave a lasting impression on all who encounter it. From its optimized scoping study to its unique pit design, this project is a true testament to the creativity and innovation of the Barton Gold Holdings Limited team.
How this will affect me:
As an individual, the success of the Tunkillia Gold Project could have a positive impact on you in various ways. If you are an investor, the project’s competitive production of gold and promising return rates could present a lucrative opportunity for financial growth. Additionally, the project’s focus on efficiency and optimization could lead to job creation and economic development in the region, potentially providing new opportunities for employment and business growth.
How this will affect the world:
The success of the Tunkillia Gold Project could have a significant impact on the mining industry and the world at large. With its competitive production rates and focus on sustainability, the project sets a new standard for responsible mining practices. By prioritizing efficiency and innovation, the project serves as a model for future mining operations, inspiring industry-wide changes that benefit both the environment and local communities.
Conclusion:
In conclusion, the Tunkillia Gold Project is a shining example of creativity, innovation, and excellence in the mining industry. With its optimized scoping study and focus on engaging readers, the project is poised for success and is sure to make a lasting impact on both individuals and the world. As the project continues to evolve and grow, it will be exciting to see the positive changes it brings to the industry and beyond.
