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Barton Gold Holdings Limited ( (AU:BGD) ) has shared an update.
Barton Gold Holdings Limited has announced promising assay results from its Tunkillia Gold Project in South Australia, highlighting broad intervals of high-grade gold mineralization in the S1 ‘Starter Pit’ area. These results support the project’s potential to produce over 200,000 ounces of gold and generate an operating profit of $825 million in its first year, underscoring the high-value nature of the zone and its importance in securing project financing. The company plans to complete further drilling to upgrade the mineralization to JORC ‘Measured’ and ‘Indicated’ categories by March 2026, enhancing the project’s financial viability and attractiveness to stakeholders.
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 the exploration and development of gold projects in South Australia. Their primary project is the Tunkillia Gold Project, which is aimed at extracting significant gold mineralization to generate substantial operating profits.
Average Trading Volume: 758,223
Technical Sentiment Signal: Buy
Current Market Cap: A$279M
Find detailed analytics on BGD stock on TipRanks’ Stock Analysis page.