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Barton Gold Reports Strong Quarter with Resource Growth and New Discoveries

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Barton Gold Reports Strong Quarter with Resource Growth and New Discoveries

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The latest update is out from Barton Gold Holdings Limited ( (AU:BGD) ).

Barton Gold Holdings Limited reported a strong quarter with significant developments in its Tunkillia and Tarcoola Gold Projects. The company announced an increase in the JORC Mineral Resources at Tunkillia, with gold resources growing by approximately 120,000 ounces and a new silver resource established. Additionally, a high-grade silver discovery at the Tarcoola project’s Tolmer prospect has been confirmed, with plans for expedited follow-up drilling. The company achieved a $3.1 million profit for the half-year ending December 2024, supported by gold sales and R&D tax refunds, and maintains a strong cash position of $7 million, positioning it well for future growth.

More about Barton Gold Holdings Limited

Barton Gold Holdings Limited is a company operating in the mining industry, focusing on gold and silver exploration and development projects. The company is primarily involved in the Tunkillia and Tarcoola Gold Projects in South Australia, with a market focus on expanding mineral resources and optimizing mining operations.

YTD Price Performance: 116.67%

Average Trading Volume: 535,586

Technical Sentiment Signal: Sell

For a thorough assessment of BGD stock, go to TipRanks’ Stock Analysis page.

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