Barton Gold (ASX:BGD) has begun a ‘major’ regional seismic program with industry leader HiSeis at the Tarcoola Gold Project in South Australia.
The $43.93 million market capitalisation company says the survey aims to develop a ‘higher’ resolution model of the near surface structure across a 15km long zone prospective for repeats of the Perseverance Mine’s mineralisation.
Commenting on the seismic program, Barton Gold Managing Director Alex Scanlon says: “This program continues our systematic approach to building a new regional geological model across an exciting field of priority targets.
With improved near-surface structural resolution we will then be able to drill test structures more precisely for potential shallow repeats of the Perseverance Mine’s high-grade mineralisation.
We expect to be drilling our best targets by the end of 2023, continuing through 2024 as we pursue Tarcoola Resources growth as the basis for potential ‘stage one’ accelerated development pathways.”
Barton Gold is a gold-focused exploration company. The company’s portfolio of assets are located in South Australia and include the Tarcoola and Tunkilla projects, alongside the Central Gawler Mill.