Barton Gold Reports High-Grade Assay Results from Challenger Project

Barton Gold Holdings Limited has released significant assay results from its Challenger Gold Project in South Australia, showing promising mineralisation that could enhance the project’s economic viability.

Recent Drilling Achievements

The company recently completed 8,065 meters of reverse circulation drilling across multiple target areas, including the Challenger Main and the Challenger West open pits. These efforts have led to the identification of new high-grade mineralisation zones.

Assay Results Highlight High Grades

Assays from the Challenger Main pit revealed gold grades reaching up to 170 grams per tonne (g/t), confirming the presence of high-grade mineralisation in the open pit walls. Adjacent assays from the Challenger West pit indicated similar success, with grades reported as high as 60 g/t in the floor of the pit.

Strategic Development Plans

Barton Gold is currently conducting a Definitive Feasibility Study aimed at designing a streamlined Stage 1 operation. This operation will focus on utilizing historical higher-grade tailings and accessing easily reachable near-surface materials, all while keeping the existing infrastructure intact.

According to Barton Gold Managing Director Alexander Scanlon, the shallow mineralisation offers a viable and low-risk opportunity to supplement the operational feed for the Central Gawler Mill. The company expects to increase the overall grade profile of mill feed materials, supporting the project's restart plans.

Next Steps for Barton Gold

The company plans to release further assay results from other nearby targets, including Challenger South-Southwest and Challenger 3. These additional results are anticipated to further enhance project confidence and economic potential.

Key Takeaways

Barton Gold has reported assays up to 170 g/t Au from the Challenger Main pit and up to 60 g/t Au from Challenger West.

The company has completed 8,065 meters of reverse circulation drilling across multiple target areas.

A Definitive Feasibility Study is underway to develop a simplified operational strategy using existing resources.

Further assay results from Challenger South-Southwest and Challenger 3 are expected soon.

The findings suggest improved resource potential for Barton's gold production plans.