BGD - Barton Gold Holdings

[System]

Barton Gold Holdings Limited (via its subsidiaries) holds a significant exploration position in the central Gawler Craton of South Australia.

The Company's main focus is its large-scale Tarcoola and Tunkillia Projects, which it intends to prioritise for exploration and growth of JORC (2012) Mineral Resources.

The Company also owns two brownfield mines which are currently on care and maintenance, as well as a gold processing plant, mine village and other associated infrastructure. The Company is also a party to two joint ventures.

These are, in summary:

• the Tarcoola Project, including the brownfield open pit Perseverance Mine (gold / 100% owned);
• the Tunkillia Project (gold/100% owned) which hosts a 965,000oz Au JORC (2012) Mineral Resource (26.1Mt @ 1.15 g/t Au);
• the Challenger Project, including the brownfield underground Challenger Mine and the Challenger Mill (gold/100% owned); and
• two joint ventures over tenements presently owned by the Company in the vicinity of the Challenger Mill, being:
  • the Western Gawler Craton Joint Venture (WGCJV) which is an unincorporated joint venture hosting 319,000oz Au JORC (2012) Mineral Resources, and in which the Company presently holds a minority (21.99%) interest in the gold rights across all but two tenements (being the All Minerals JV Tenements); and
  • the All Minerals JV which is an unincorporated joint venture in which the Company presently has a majority (90%) interest. As the All Minerals JV comprises two tenements (the All Minerals JV Tenements) which overlap the WGC JV Tenements, the Company has a present net 19.79% interest in the gold rights on these two tenements (being 21.99% multiplied by 90%).

It is anticipated that BGD will list on the ASX during June 2021.

Barton Gold Holdings Limited – Gold Investment & Development | Australia

bartongold.com.au

 

[Dona Ferentes]

Listing date	28 June 2021 #
Contact details	https://bartongold.com.au/ Ph: (08) 9322 1587
Principal Activities	Barton Gold's main business activity is mining exploration, specifically the exploration and potential future development of (primarily) gold mineralisation with a present focus on projects located in the vicinity of Tarcoola, South Australia which is within the Gawler Craton in South Australia.
GICS industry group	TBA
Issue Price	$0.25
Issue Type	Ordinary Fully Paid Shares
Security code	BGD
Capital to be Raised	$15,000,000
Expected offer close date	11 June 2021
Underwriter	Not underwritten. Taylor Collison Limited and Canaccord Genuity (Australia) Limited (Joint Lead Manager)

 

[Dona Ferentes]

Barton Gold started trading on 28 June, on time IE it got the money and 400 shareholders.

..... Opened at 22c, and has generally traded around there for the last two days.... No stag.

 

[Garpal Gumnut]

This is my pick for the Dec 2021 comp. It has had a run up in Oct/Nov. from 15c to 21c without much hoo hah.

A Gawler Craton hopeful and helped by SA Govt. money to accelerate time to drilling.

gg

 

[Dona Ferentes]

Expansion of Major Tunkillia Drilling Program

• 9,000m reverse circulation (RC) drilling program extended to [up to] 12,000m
• Drilling will also now target the new ~500m long Area 51 gold zone
• Updated Mineral Resource Estimate planned for March 2023

Area 51 !! what will be discovered?

This is my pick for the Dec 2021 comp. It has had a run up in Oct/Nov. from 15c to 21c without much hoo hah

Should I pick it for Nov 22; maybe too early? But, there again, got to get in early before any cap raising.

 

[noirua]

Barton Gold completes Tarcoola RC drilling, looks to busy 2024

Barton Gold (ASX:BGD) has completed open pit RC drilling at its Tarcoola gold project ahead of schedule but in line with expectations.

themarketherald.com.au

December 8, 2023

• Barton Gold (ASX:BGD) completes open pit RC drilling at its Tarcoola gold project ahead of schedule but in line with expectations
• The company concluded drilling early due to the anticipated onset of severe weather conditions
• Barton drilled approximately 400 metres across eight holes, marking the end of major field operations for 2023
• The company plans to resume drilling in March 2024, focusing on priority targets in the Tarcoola Goldfield

 

[Garpal Gumnut]

This is my pick for the April competition. I'm kicking myself for not buying it and hope for a retracement. The chart looks good. A gold miner which recently found attractive silver hopings based in SA the Gawler region.

gg

 

[Garpal Gumnut]

Much of BGD's rise recently was due to huge findings of silver adjacent to their gold operations in SA. I guess with Trump's moves manufacturing will fall worldwide which will affect silver.

gg

 

[divs4ever]

Much of BGD's rise recently was due to huge findings of silver adjacent to their gold operations in SA. I guess with Trump's moves manufacturing will fall worldwide which will affect silver.

gg

or the price of Mexican silver will lift the market

 

[Dona Ferentes]

This is my pick for the April competition. ...The chart looks good. A gold miner which recently found attractive silver hopings based in SA the Gawler region

and handsomely rewarded

.

March 2025 Quarterly Activities Report​

Capital Structure+
218.9m Ordinary Shares
18.6m unlisted options
Working Capital
Cash: $7 million
Debt: Nil

* Barton also has another ~$4.5m restricted cash posted as security for rehabilitation bank guarantees.

Quarterly Highlights
Tunkillia Gold Project, SA (100%)
• Depth extensions of 50 – 100m confirmed at 223 Deposit, supporting potential JORC Mineral Resources growth
• Tunkillia JORC Resources grow to 1.6Moz Au and 3.1Moz Ag (62.9Mt @ 0.80 g/t Au), an increase of ~120koz Au
• Comminution improvements and power savings confirmed, indicating efficiency gains for Optimised Scoping Study
• Acceleration of Optimised Scoping Study programs targeting publication ahead of previously advised 30 June 2025

Tarcoola Gold Project, SA (100%)
• High-grade silver confirmed in recent Tolmer gold discovery, with gold and silver grades up to 83.6 g/t Au and 312 g/t Ag
• 2,230m follow up drilling program expedited to test additional strike and depth extension targets at Tolmer
• High-grade silver discovery in Tolmer ‘western silver zone’, with ultra-high-grade assays including:
• 6m at 4,747g/t Ag (incl. 1m at 17,600 g/t Ag); and
• 14m @ 434 g/t Ag (plus 4m contained gold over 3 g/t Au), all within ~50 metres of surface

Corporate
• $3.1 million profit for Half Year to 31 December 2024 after all exploration based on $8.5 million combined revenues including $5m gold sale and $2.4m R&D tax refund

 

[finicky]

WEEKLY All Data chart

Not Held

 

[Sean K]

This is my pick for the April competition. I'm kicking myself for not buying it and hope for a retracement. The chart looks good. A gold miner which recently found attractive silver hopings based in SA the Gawler region.

View attachment 196530

gg

Still kicking, or taken it off the watch list?

 

[Garpal Gumnut]

Still kicking, or taken it off the watch list?

The story of my investing life unfortunately. Still kicking myself. Same with CBA.

gg

 

[Dona Ferentes]

and handsomely rewarded

6 weeks on from March 2025 Quarterly, it's doubled again