Barton Gold Holdings (ASX:BGD) said it engaged the ERIAS Group to prepare an environmental scoping report, the first step in the environmental and mining lease approvals process for the Tunkillia gold project in South Australia, according to a Thursday Australian bourse filing.
The firm advanced its long-lead feasibility work programs for its project after the publication of an optimised scoping study, which identified a compelling large-scale operation with total payable metal of 942,000 ounces of gold and around 2 million ounces of silver, as well as an average annual production of around 120,000 ounces of gold and around 250,000 ounces of silver.
The study also included a starter pit producing around 206,000 ounces of gold for AU$825 million operating free cash in the first 13 months.
Barton Gold's shares jumped 9% in recent trading on Thursday.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。