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Barton Gold Holdings Limited ( (AU:BGD) ) just unveiled an announcement.
Barton Gold Holdings Limited has announced the acceleration of feasibility work for its Tunkillia Gold Project in South Australia, following the release of an Optimised Scoping Study. The study highlights a significant gold and silver operation with a projected operating free cashflow of A$2.7 billion and a Net Present Value of A$1.4 billion. Barton Gold has engaged ERIAS Group to lead the environmental assessments necessary for future Mining Lease applications, marking a crucial step in advancing the Tunkillia project. The company aims to transition to production by 2026, using cash flows to further develop Tunkillia as a major expansion project.
More about Barton Gold Holdings Limited
Barton Gold Holdings Limited is a company operating in the gold mining industry, focusing on the development and production of gold and silver. The company is primarily engaged in large-scale gold projects in South Australia, with a market focus on leveraging economies of scale and financial leverage in the evolving gold market.
Average Trading Volume: 562,879
Technical Sentiment Signal: Buy
Find detailed analytics on BGD stock on TipRanks’ Stock Analysis page.