Barton Gold Holdings (ASX:BGD) grew its mineral resource estimate for Tunkillia gold project in South Australia, according to a Tuesday Australian bourse filing.
The estimate grew by 120,000 ounces from the previous estimate to 1.6 million ounces of gold, or 62.9 million tonnes at a grade of 0.8 grams per tonne grade of gold, and 3.1 million ounces of silver, or 34.5 million tonnes at 2.8 g/t grade of silver.
The updated mineral resource estimate was supported by 5,064 meters of drilling completed during November and December 2024, which intersected significant depth extensions of broad mineralization.