Barton Gold said it has started Phase 2 reverse-circulation drilling at its Tunkillia Gold Project in South Australia, with Strike Drilling contracted for about 30,000 m. The company said the program is intended to support JORC (2012) Mineral Resource upgrades and target JORC (2012) Ore Reserves, alongside a pre-feasibility study and a mining lease application by end-2026. Barton Gold referenced a prior scoping study that outlined annual production of about 120,000 oz of gold and 250,000 oz of silver. The same study estimated unlevered, pre-tax life-of-mine operating cash of about AUD 2.7 billion and an NPV (7.5%) of about AUD 1.4 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barton Gold Holdings Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603151825ACCESSWRNAPR_____1147942) on March 15, 2026, and is solely responsible for the information contained therein.