LykeShares
ASX Mining News
Sign up
Login
Sign Up
(current)
Watchlist
Feedback
Advertise With Us
Profile
Home
Search
Watchlist
Advertise
Feedback
Profile
How Have Barton Gold Drilling Revealed a Potentially Lucrative Gold Find at Tunkillia? — ASX:BGD| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$BGD
How Have Barton Gold Drilling Revealed a Potentially Lucrative Gold Find at Tunkillia?
Barton Gold Reports Major Gold Discovery at Tunkillia Gold Project
Barton Gold has announced a major new gold discovery at its Tunkillia Gold Project. The company has identified a new 300m gold zone towards the southern end of the 223 Deposit, marking a significant breakthrough for the project.
Extending the Cornerstone 223 Deposit
Following recent extended reverse circulation (RC) drilling activities in the area, Barton Gold Holdings has identified approximately 600m of new mineralisation along the strike. This includes the latest discovery, which has significantly expanded the 223 Deposit footprint and validated Barton's exploration work in the region.
Key Findings from the RC Drilling Assays
The company's assessment focused on the 'Southern 223' target, where the latest significant gold discovery was made. The findings indicate an approximate 300m of mineralised strike that has been added to the project near the southern end of the cornerstone 223 Deposit. The results from hole TKB189, in particular, highlight
...
See More
a 55m gold intersection at 1.52 g/t Au in a new zone offset from 223 Deposit's primary strike.
Next Steps for Barton Gold Holdings
With the new discovery and the recent extended mineralisation to the north, Barton Gold Holdings is focused on reviewing 223 Deposit's JORC Mineral Resource Estimate. The company is working towards confirming additional low-cost growth potential in the long-term JORC Resource base. Additionally, the company is eagerly awaiting assay results from the surrounding growth and discovery targets.
The Company's Perspective
Barton's MD, Alex Scanlon, is thrilled with the latest discoveries, stating:
"We are encouraged to see further broad zones of mineralisation in a key target at the southern end of the 223 Deposit. Combined with last week's assays from the northern end of the 223 Deposit, we have added a total of approximately 600m new mineralisation along strike, or around 30% of the April 2023 JORC Resource footprint."
The company's confidence in the Tunkillia Gold Project has been reinforced by the latest discoveries. With ongoing exploration work yielding exciting results, Barton Gold Holdings is poised for continued success in the region.
A Major Breakthrough for Barton Gold
The discovery of the new 300m gold zone by Barton Gold Holdings Limited at the Tunkillia Gold Project is an exciting development for the company and underscores the progress they have made in the region. With the extended mineralisation and ongoing exploration activities, the company is well-positioned to build on its success and establish itself as a significant player in Australia's gold mining industry.
... View
1 Like
0 Reply
?
L
Lykeshares
139d
Official
Berkshire is hoarding so. much. cash.
442 Views
2 Likes
0 Reply
?
L
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
...
See More
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.
425 Views
1 Like
0 Reply
?
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
451 Views
2 Likes
0 Reply
?
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
330 Views
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
314 Views
1 Like
0 Reply
?
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...
301 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
1.1k Views
1 Like
0 Reply
?
Loading more...
Popular Stocks 🚀
American Critical Elements Inc.
CSE:ACRE | Mining
457
Countplus Limited
ASX:CUP | Commercial & Profes…
2.6k
Liberty Financial Group
ASX:LFG | Financial Services
563
Li-S Energy Limited
ASX:LIS | Capital Goods
489
Gr Engineering Services Limited
ASX:GNG | Materials
3k
Show more