THE DRILL SERGEANT: Barton Gold Holdings (ASX: BGD) reported drilling results achieved from the Area 51 gold zone at the company’s Tunkillia gold project in South Australia.
Barton Gold Holdings carried out this round of drilling in late 2023 following prior programs in 2022 and early 2023 that had resulted in updating the projects Mineral Resource Estimate to 1.38 million ounces of gold.
Key new Area 51 intersections include:
47.6 metres at 0.48 grams per tonne gold from 48.4m;
21.4m at 1.06g/t gold from 41.6m, including 12.4m at 1.54g/t gold from 44.6m; and
44.6m at 1.81g/t gold from 64m, including 6m at 5.85g/t gold from 69m, including 1m at 19.95g/t gold from 80m.
The company declared the latest results to have confirmed and extended mineralisation at Area 51 to over 700m, with a substantive ‘core zone’ identified to contain broad gold mineralisation.
“These results further validate the expansive potential of Tunkillia’s gold mineralisation,” Barton Gold Holdings managing director Alex Scanlon said in the company’s ASX announcement.
“Located approx. 4km northwest of the 223 Deposit area, Area 51 is the fifth new gold zone we have confirmed within this radius during the past two years.
“Three of these have recently been converted to JORC Resources during December 2023, and we are now reviewing Area 51 for the same potential as we continue to build out the project’s mineralised footprint.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE