15 Nov Australia’s Barton finishes Tunkillia drill campaign with more gold intersects
ASX-listed Barton Gold’s final drilling of the Phase 1 campaign at its Tunkillia project in South Australia has intersected more broad, high-grade gold mineralisation within the 223 Deposit.
The mineralisation was detected in a ~50 metres wide zone from about 40 to 175 metres depth in the centre of the 223 Deposit. Significant intersections included 5 metres at 4.98 g/t gold from 68 metres and 17 metres at 4.31g/t gold from 111 metres.
In an update to the market on Monday, Barton said all Phase 1 drilling targets returned successful outcomes, including the discovery of two new gold zones and ~1.5 km of new mineralisation established near the 223 Deposit.
The cornerstone 223 Deposit already contains a 965,000 ounces JORC resource grading 1.15 g/t gold, with about 68% of the material classified as indicated. The company noted that the latest results support the remodelling of the deposit last year and indicate potential for an up to ~500 metres high-grade central zone that could be developed as a higher grade starter pit.
“These results again reinforce the success of Barton’s first drilling programme at the Tunkillia gold project,” managing director Alexander Scanlon said. “With about 4 km of total mineralised strike now defined in a relatively small area, Tunkillia’s project footprint is filling in nicely.”
Phase 2 drilling at the project will target further extensions of new gold zones, additional discoveries at priority regional targets and conversion to new JORC Resources.