checkAd

     117  0 Kommentare Scoping Studies Begin for 1.5Moz Tunkillia Gold Project

    ADELAIDE, AUSTRALIA / ACCESSWIRE / June 14, 2024 /HIGHLIGHTSTunkillia Scoping Studies launch following institutional Placement and early close of SPPGR Engineering and Mining Associates engaged for detailed Scoping Study and PFS Gap AnalysisBarton …

    ADELAIDE, AUSTRALIA / ACCESSWIRE / June 14, 2024 /

    HIGHLIGHTS

    • Tunkillia Scoping Studies launch following institutional Placement and early close of SPP
    • GR Engineering and Mining Associates engaged for detailed Scoping Study and PFS Gap Analysis

    Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or the Company) is pleased to advise that scoping studies have commenced for the Tunkillia Gold Project (Tunkillia). During March Tunkillia's JORC (2012) Mineral Resource Estimate (MRE) grew to 1.5Moz Au (51.3Mt @ 0.91 g/t Au)).1

    Barton has appointed GR Engineering Services Limited (GRES) and Mining Associates Pty Ltd (Mining Associates) to lead a detailed scoping study for Tunkillia including mine design, production scheduling, process plant, tailings storage, equipment, personnel and supporting infrastructure (Scoping Study).

    Following completion of the Scoping Study, Barton will also complete a review of all technical data to determine the forward work program necessary to complete a pre-feasibility study (PFS Gap Analysis).

    The launch of Tunkillia Scoping Studies follows the completion of Barton's recent share placement to institutional investors (Placement) and Share Purchase Plan (SPP).2 The Placement and SPP were both strong supported by the Company's institutional, sophisticated and retail shareholders, with applications significantly exceeding the targeted raise amounts and final SPP allocations yet to be determined.2

    Commenting on the start of Tunkillia Scoping Studies, Barton Managing Director Alex Scanlon said:

    "We have rapidly advanced Tunkillia since its acquisition in early 2020, leading to multiple expansions of its mineralised footprint and four cost-efficient JORC Resource upgrades. It is very exciting to now step forward into early development studies as we continue building the district scale potential for our South Australian assets."

    Authorised by the Board of Directors of Barton Gold Holdings Limited.

    For further information, please contact:

    Alexander Scanlon
    Managing Director
    a.scanlon@bartongold.com.au
    +61 425 226 649
    Shannon Coates
    Company Secretary
    cosec@bartongold.com.au
    +61 8 9322 1587

    1 Refer to ASX announcement dated 4 March 2024
    2 Refer to ASX announcements dated 27 March, 5 April, 9 April and 16 April 2024

    About Barton Gold

    Barton Gold is an ASX, OTCQB and Frankfurt stock exchange listed Australian gold exploration company with a total attributable 1.3Moz Au JORC Mineral Resources endowment (40.6Mt @ 1.0 g/t Au), a pipeline of advanced exploration projects and brownfield mines, and 100% ownership of the only regional gold mill in the central Gawler Craton of South Australia.*

    Seite 1 von 3
    Der Analyst erwartet ein Kursziel von 2511,57$, was eine Steigerung von +5,00% zum aktuellen Kurs entspricht. Mit diesen Produkten können Sie die Kurserwartungen des Analysten übertreffen.
    Übernehmen
    Für Ihre Einstellungen haben wir keine weiteren passenden Produkte gefunden.
    Bitte verändern Sie Kursziel, Zeitraum oder Emittent.
    Alternativ können Sie auch unsere Derivate-Suchen verwenden
    Knock-Out-Suche | Optionsschein-Suche | Zertifikate-Suche
    WerbungDisclaimer


    Diskutieren Sie über die enthaltenen Werte


    Accesswire
    0 Follower
    Autor folgen
    Mehr anzeigen
    We’re a newswire service standout and fast becoming an industry disruptor. We provide regional, national and global news to thousands of clients around the world. We’re also leading the way in social engagement, targeting and analytics.
    Mehr anzeigen

    Verfasst von Accesswire
    Scoping Studies Begin for 1.5Moz Tunkillia Gold Project ADELAIDE, AUSTRALIA / ACCESSWIRE / June 14, 2024 /HIGHLIGHTSTunkillia Scoping Studies launch following institutional Placement and early close of SPPGR Engineering and Mining Associates engaged for detailed Scoping Study and PFS Gap AnalysisBarton …

    Schreibe Deinen Kommentar

    Disclaimer