Barton Gold SA project

Barton Gold continues to uncover prospective value at Perseverance West

Barton Gold (ASX:BGD) reports that Perseverance West continues to demonstrate its prospective value as a shallow, ‘high-grade’ open pit extension.

The report follows assay results from the remaining 3 holes of its 3,267m May 2022 drilling at the Tarcoola Gold Project.

Barton notes that the mineralised assays are from the Perseverance West gold zone located at the southern end of the shallow open pit Perseverance Mine and confirm further western extensions of mineralisation.

Perseverance West was initially discovered by Barton during its August 2020 phase one Tarcoola drilling program.

Assays for the completed drilling at the School and Ealbara prospect areas have also been received although no significant mineralisation has yet been intersected from this drilling, in part due to the thick cover sequence being tested at Ealbara pursuant to the company’s Accelerated Development Initiative (ADI) round 2 funding grant from the South Australian Government.

Addressing the latest assay results, Barton MD Alexander Scanlon said: “Perseverance West continues to demonstrate its prospective value as a shallow, high-grade open pit extension.

“we will continue to advance our work across the mining lease and surrounding exploration license”

We will continue to advance our work across the mining lease and surrounding exploration license, where we have identified a 15km corridor amenable to hosting multiple repeats of this style of mineralisation.

This will include significant additional geophysical investigation and drilling to build up Tarcoola’s discovery pipeline.

We are also expecting imminent receipt of first assays from the Tunkillia Project’s Area 51 prospect, a discovery target indicated by the same new geophysical model which correctly predicted new mineralised zones discovered late last year at Areas 223 North and 191.

We are already planning our next Tunkillia drilling programs which will start in early September, with the objective to support an updated year end Mineral Resources Estimate.”

The Tarcoola Project is located 70km north-northwest of the Tunkillia Project on 1,202km-square of tenements, and is the site of the brownfields open pit Perseverance Mine on ML6455 which was operated during 2017 and 2018.

The Perseverance Mine is surrounded by numerous historical ‘high-grade’, shallow artisanal mines. During the early 1900s the Tarcoola Goldfield was South Australia’s major hard rock gold producer, with numerous historical ‘high-grade’ workings producing some 2,400kg (77,000oz) gold bullion recovered from 64,000t ore at an average grade of 37.5g/t Au between circa 1900 and 1955.

Barton’s August 2020 and July 2021 drilling programs discovered multiple shallow ‘high-grade’ structures and gold-enriched zones at Perseverance West to 125m depth in Tarcoola Formation lithologies.

The May 2022 drilling campaign was designed to infill drill the gold mineralisation, improve confidence in continuity, and to contribute to a future mineral resource estimate update.

The results reported in this release confirm the continuation of mineralisation 50m further along strike to the west of the initial assay results reported to the ASX by Barton on 25 July 2022, with mineralisation remaining open both at depth and to further western extension.

Barton expects the imminent receipt and publication of assay results from May 2022 drilling at the Tunkillia’s Gold Project’s Area 51 discovery target.

Images: Barton Gold Holdings Ltd
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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.