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Can Barton Gold Strike Gold Again with New RC Drilling at Tarcoola? — ASX:BGD| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$BGD
Can Barton Gold Strike Gold Again with New RC Drilling at Tarcoola?
Barton Gold Holdings Limited: Unveiling the Depths of Tarcoola’s Gold Treasures
In an electrifying revelation, Barton Gold Holdings Limited (ASX:BGD), fondly referred to as Barton, has launched a momentous phase in the annals of gold exploration. The company heralds the commencement of reverse circulation (RC) drilling within the expanse of the Perseverance open pit at the revered Tarcoola Gold Project.
Unearthing Shimmering Gold Veins
Venturing into uncharted territories, Barton’s drilling endeavors during 2020 and 2021 unfurled a tapestry of discoveries, unlocking the hidden depths beneath the Perseverance open pit mine floor. These ventures illuminated numerous extensions of mineralization and unveiled the spectacular ‘Perseverance West,’ a shallow high-grade gold zone tucked behind the southern wall of the open pit.
Unveiling Subterranean Secrets
Pioneering an epoch-making moment, Barton recently unfolded the results of an extensive seismic survey. This seismic revelation serves as a groundbreaking exposé, unveiling the enigmatic subsurface architecture of the illustrious Tarcoola Goldfield—a revelation centuries
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in the making, redefining the trajectory of gold exploration.
Embarking on the RC Drilling Expedition
With vigor and anticipation, Barton’s current endeavor envisions approximately 1,500 meters of RC drilling, meticulously designed to probe the immediate extensions of mineralization ensconced within the open pit floor. This strategic initiative follows the September 2023 diamond drilling (DD) campaign, which delved into the southern peripheries of the pit, unveiling structural nuances integral to the Deliverance Target and Perseverance West.
Towards a Golden Horizon
Analyzing the outcomes of the RC and DD drilling missions forms the cornerstone of Barton’s strategic compass, charting a trajectory to transform extensions of the pit into JORC Mineral Resources by the initial half of 2024. The dawn of 2024 heralds an array of expeditions, encompassing drilling pursuits targeting high-priority destinations outlined in the seismic survey—a comprehensive voyage that defines Barton’s transformation from an ‘explorer’ to a ‘producer.’
In the vibrant words of Barton MD Alex Scanlon, “Our focus lies in unveiling accessible, shallow mineralization within the existing open pit—a testament to our quest for an accelerated return to production and substantial cash flow. Even the most marginal extensions house invaluable ounces, underlining the significance of our fully licensed mill and permitted Mining Lease.”
As the dust of this pioneering drilling settles, Barton’s unwavering resolve to decode the mysteries beneath the surface propels the company into an enthralling chapter of gold exploration—a journey that unearths treasures hidden in the heart of Tarcoola’s gold-laden terrain.
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L
Lykeshares
139d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
139d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
170d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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