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Barton Gold Holdings Limited ( (AU:BGD) ) has issued an update.
Barton Gold Holdings Limited has successfully completed Phase 1 of its upgrade drilling at the Tunkillia Gold Project ahead of schedule and under budget. The drilling, which covered 18,893 meters across 209 holes, is expected to enhance the project’s value by converting resources to higher confidence JORC categories, supporting future development and financing opportunities. The S1 pit, in particular, is projected to yield significant returns, potentially repaying development costs more than twice over in the first year of operations.
The most recent analyst rating on (AU:BGD) stock is a Hold with a A$1.00 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 a company operating in the gold mining industry, focusing on exploration and development projects in South Australia. Its primary product is gold, and it aims to enhance its market position by upgrading its mining operations and expanding its resource base.
Average Trading Volume: 781,344
Technical Sentiment Signal: Buy
Current Market Cap: A$240.9M
Find detailed analytics on BGD stock on TipRanks’ Stock Analysis page.