tiprankstipranks
Trending News
More News >

Barton Gold Accelerates Tunkillia Project with New Feasibility Work

Story Highlights
  • Barton Gold is advancing its Tunkillia Gold Project with a focus on large-scale gold and silver production.
  • The company has engaged ERIAS Group for environmental assessments to support future Mining Lease applications.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App