Barton Gold Holdings Limited
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How Did Barton Gold Strike it Big? Unveiling Tunkillia's Potential with a 20,000m Drilling Program
Barton Gold Strikes Gold: Completes 20,000m Tunkillia Growth Drilling Program Unveiling Promising Prospects
Barton Gold Holdings Limited (ASX:BGD, FRA:BGD3, OTCQB:BGDFF) has accomplished a remarkable feat, concluding a comprehensive 20,000-meter drilling program at the Tunkillia Gold Project in record time.
What: Completion of Expansion and Exploration Drilling
This colossal drilling initiative encompassed over 100 holes, comprising approximately 17,700 meters of reverse circulation (RC) drilling and around 2,900 meters of diamond (DD) drilling across multiple targeted areas within the Tunkillia Gold Project.
Where and When: Unveiling Potential Gold Riches
The drilling program, executed on critical zones like 223 Deposit, 223 North, Areas 191 and 51, and SE Offset, reached its completion on 30 October 2023, signaling an intensive phase of exploration in a relatively short period. The project, situated within the Tunkillia region, holds promise for significant gold reserves.
Why: Significance of Exploration and Results
The drilling primarily aimed to extend and explore gold mineralization at the Tunkillia site, particularly targeting the 223 Deposit extensions and satellite gold zones like 223 North, Area 191, and Area 51. Assays are pending, with initial indications suggesting new mineralization and potential growth in the 223 Deposit, reaffirming the project's significance.
How: Barton's Perspective
MD Alex Scanlon expressed immense satisfaction with the team's achievements, applauding their efficiency in completing such an expansive drilling program within a remarkably short span of 14 weeks.
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He expressed anticipation for the forthcoming results, including updates on the JORC Mineral Resources Estimate (MRE), which are expected shortly.
Barton Gold Holdings Limited's comprehensive drilling program signifies a significant stride in Tunkillia's exploration efforts, potentially unraveling promising gold prospects and setting the stage for prospective resource updates in the near future.
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