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Barton Gold Holdings Limited ( (AU:BGD) ) just unveiled an update.
Barton Gold Holdings Limited has announced a cost-effective plan to refurbish its Central Gawler Mill, estimating a capital cost of A$26 million for reinstating the mill to its original capacity. This strategic move is expected to significantly lower production costs compared to building a new facility or using third-party services, positioning Barton Gold favorably for future operations and financing opportunities. The company is targeting feasibility by the end of 2025, with initial operations planned for late 2026, and has recently updated its gold resource estimates, further solidifying its development strategy.
More about Barton Gold Holdings Limited
Barton Gold Holdings Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in the refurbishment and operation of gold processing facilities, with a market focus on leveraging existing infrastructure to reduce costs and enhance production efficiency.
Average Trading Volume: 659,224
Technical Sentiment Signal: Buy
Learn more about BGD stock on TipRanks’ Stock Analysis page.