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The latest update is out from Barton Gold Holdings Limited ( (AU:BGD) ).
Barton Gold Holdings has completed a high-resolution airborne gravity survey over the northern portion of Exploration Licence 6502 at its Challenger Gold Project in South Australia, where it holds full gold rights. The 3,239 line-kilometre survey, conducted by Xcalibur Smart Mapping, is designed to detect gravity anomalies associated with structural features analogous to the high-grade quartz vein lodes that historically produced 1.2 million ounces of gold at Challenger, potentially enabling the identification of near-mine targets that could be rapidly and economically advanced using existing infrastructure, thereby enhancing the project’s value and the company’s growth prospects.
The most recent analyst rating on (AU:BGD) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Barton Gold Holdings Limited stock, see the AU:BGD Stock Forecast page.
More about Barton Gold Holdings Limited
Barton Gold Holdings Limited is an Australian gold exploration and development company with a focus on South Australian assets, including the Challenger Gold Project. The company holds 100% title and gold rights over key tenements and is working to leverage existing mine infrastructure and new geophysical data to identify and develop high-grade gold resources.
Average Trading Volume: 666,191
Technical Sentiment Signal: Buy
Current Market Cap: A$312.5M
For a thorough assessment of BGD stock, go to TipRanks’ Stock Analysis page.