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Barton Gold Holdings Limited ( (AU:BGD) ) has issued an update.
Barton Gold reported a preliminary gravity test on mineralisation from its Tolmer silver prospect at the Tarcoola project, yielding a concentrate grading more than 100,000 grams per tonne of silver, or about 10% silver. The trial used simple panning without grinding or chemical reagents, suggesting potential for low-cost, high-margin silver production if similar recoveries are confirmed across the deposit.
The company has fast-tracked about 4,000 metres of reverse circulation drilling for mid-May to infill high-grade zones and test extensions indicated by soil assays around previous intercepts above 2,000 gram-metres of silver. Tolmer, already described as one of Australia’s highest-grade modern silver discoveries, is emerging as a key pillar of Barton’s regional growth strategy as it undertakes detailed geological and metallurgical work to assess commercial viability and upgrade its gold and silver resources.
More about Barton Gold Holdings Limited
Barton Gold Holdings Limited is an Australian mineral exploration and development company focused on precious metals, with projects in South Australia’s Tarcoola goldfield. The company is advancing a portfolio of gold and emerging high-grade silver assets, targeting near-surface, high-value mineralisation that could support low-cost regional production hubs.
Average Trading Volume: 439,869
Technical Sentiment Signal: Buy
Current Market Cap: A$214.2M
For a thorough assessment of BGD stock, go to TipRanks’ Stock Analysis page.