Barton Gold (ASX:BGD) has wound up reverse circulation (RC) drilling in the Tarcoola Gold Project’s open pit mine early.
The $46.92 million market capitalisation company says the drilling concluded early due to expected severe weather conditions although some 400m has already been drilled across 8 holes.
Barton says due to the anticipated inclement weather this concludes major field operations for 2023 with 2024 drilling expected to start during March next year.
Barton Managing Director Alex Scanlon says the company has now completed 21,000m of RC and diamond drilling since early September.
“And we’ll be back out during early 2024 to complete this program and test priority Tarcoola Goldfield targets. We have a high volume of pending exploration results, so we look forward to delivering a JORC Resources update shortly and a fast start to 2024.”
Tarcoola is located 600km northwest of Adelaide is situated 70km north-northwest of the Tunkillia Project on 1,640km-square of tenements. It is the site of the brownfields open pit Perseverance Mine, which was operated during 2017 and 2018.
Barton is listed on the ASX, OTCQB, and Frankfurt Stock Exchange.
Image: Barton Gold
