Barton Gold Holdings Limited (AU:BGD) has released an update.
Barton Gold Holdings Limited announced promising initial scoping study results for its Tunkillia Gold Project, projecting a 6.4-year life-of-mine with significant gold and silver production, and a rapid 1.9-year payback period. The study outlines a potential large-scale, bulk open pit mining operation with initial capital costs of approximately A$374 million and robust financial projections, including a Net Present Value (NPV) of A$512 million. The company highlights the project’s potential to rank favorably among Australian gold producers and identifies multiple opportunities for optimization and extended project life.
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