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Barton Gold Holdings Limited ( (AU:BGD) ) has provided an update.
Barton Gold Holdings Limited has announced an updated Mineral Resources Estimate (MRE) for its Challenger Gold Project, increasing the resources to 223,000 ounces of gold. This update is part of Barton’s strategy to utilize the Central Gawler Mill for lower-cost and lower-risk operations, aiming to commence initial operations by the end of 2026. The company plans to conduct feasibility studies throughout 2025 to determine the best development pathway, capitalizing on the rising gold prices to transition to a producer status.
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 resources. Its primary operations are centered around the Challenger Gold Project in South Australia, with a market focus on leveraging existing infrastructure to reduce costs and risks associated with gold production.
Average Trading Volume: 804,659
Technical Sentiment Signal: Buy
Find detailed analytics on BGD stock on TipRanks’ Stock Analysis page.