Barton Gold Holdings Limited (via its subsidiaries) holds a significant exploration position in the central Gawler Craton of South Australia.
The Company’s main focus is its large-scale Tarcoola and Tunkillia Projects, which it intends to prioritise for exploration and growth of JORC (2012) Mineral Resources.
The Company also owns two brownfield mines which are currently on care and maintenance, as well as a gold processing plant, mine village and other associated infrastructure. The Company is also a party to two joint ventures.
These are, in summary:
- the Tarcoola Project, including the brownfield open pit Perseverance Mine (gold / 100% owned);
- the Tunkillia Project (gold/100% owned) which hosts a 965,000oz Au JORC (2012) Mineral Resource (26.1Mt @ 1.15 g/t Au);
- the Challenger Project, including the brownfield underground Challenger Mine and the Challenger Mill (gold/100% owned); and
- two joint ventures over tenements presently owned by the Company in the vicinity of the Challenger Mill, being:
- the Western Gawler Craton Joint Venture (WGCJV) which is an unincorporated joint venture hosting 319,000oz Au JORC (2012) Mineral Resources, and in which the Company presently holds a minority (21.99%) interest in the gold rights across all but two tenements (being the All Minerals JV Tenements); and
- the All Minerals JV which is an unincorporated joint venture in which the Company presently has a majority (90%) interest. As the All Minerals JV comprises two tenements (the All Minerals JV Tenements) which overlap the WGC JV Tenements, the Company has a present net 19.79% interest in the gold rights on these two tenements (being 21.99% multiplied by 90%).
It is anticipated that BGD will list on the ASX during June 2021.
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