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Be the first with the news that moves the market- Barton Gold (BGD) begins phase two drilling at its Tunkillia gold project in South Australia
- Drilling will test the Area 51, Area 191 and 223 North satellite targets, with the latter two targets subject to phase one drilling completed last September
- The phase one program uncovered two gold zones, one at 223 North and one at Area 191, which extended Tunkillia’s gold mineralised strike by almost 60 per cent to four kilometres
- Managing Director Alex Scanlon says “we have only scratched the surface of the large-scale mineral potential at Tunkillia” and hopes to rapidly expand the project’s mineral footprint
- BGD shares are 9.76 per cent in the green at 23 cents at market close
Barton Gold (BGD) has begun a drilling program at its Tunkillia gold project in South Australia.
The phase two program will follow up on phase one drilling which was completed at Tunkillia in September 2021.
This 31-hole program focused on the Area 191 and 223 North satellite targets and the Central Area 223 deposit.
Positively for the company, the phase one program discovered two gold zones, one at 223 North and one at Area 191, which cover a combined strike length of 1.5 kilometres. Drilling also confirmed a higher grade zone of mineralisation within the 223 deposit.
Barton Gold Managing Director Alex Scanlon said phase one drilling confirmed the company’s thesis for mineralised satellites at the Tunkillia project.
“We have only scratched the surface of the large-scale mineral potential at Tunkillia and will systematically evaluate priority targets with the objective of rapidly expanding Tunkillia’s mineral footprint.”
The phase two drilling program will test the Area 51 zone which sits along an untested shear extending for over 20 kilometres.
Area 51 can be found just three kilometres northwest of the 223 deposit which hosts a resource of 26.1 million tonnes at 1.15g/t gold for 965,000 ounces.
The company also expects to drill test Area 191 and 223 North to follow up on the gold zones discovered at the end of last year.
BGD shares were 9.52 per cent in the green at 23 cents at market close.
