Can Barton Gold Strike Gold Again with New RC Drilling at Tarcoola?
Barton Gold Holdings Limited: Unveiling the Depths of Tarcoola’s Gold Treasures
In an electrifying revelation, Barton Gold Holdings Limited (ASX:BGD), fondly referred to as Barton, has launched a momentous phase in the annals of gold exploration. The company heralds the commencement of reverse circulation (RC) drilling within the expanse of the Perseverance open pit at the revered Tarcoola Gold Project.
Unearthing Shimmering Gold Veins
Venturing into uncharted territories, Barton’s drilling endeavors during 2020 and 2021 unfurled a tapestry of discoveries, unlocking the hidden depths beneath the Perseverance open pit mine floor. These ventures illuminated numerous extensions of mineralization and unveiled the spectacular ‘Perseverance West,’ a shallow high-grade gold zone tucked behind the southern wall of the open pit.
Unveiling Subterranean Secrets
Pioneering an epoch-making moment, Barton recently unfolded the results of an extensive seismic survey. This seismic revelation serves as a groundbreaking exposé, unveiling the enigmatic subsurface architecture of the illustrious Tarcoola Goldfield—a revelation centuries in the making, redefining the trajectory of gold exploration.
Embarking on the RC Drilling Expedition
With vigor and anticipation, Barton’s current endeavor envisions approximately 1,500 meters of RC drilling, meticulously designed to probe the immediate extensions of mineralization ensconced within the open pit floor.
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This strategic initiative follows the September 2023 diamond drilling (DD) campaign, which delved into the southern peripheries of the pit, unveiling structural nuances integral to the Deliverance Target and Perseverance West.
Towards a Golden Horizon
Analyzing the outcomes of the RC and DD drilling missions forms the cornerstone of Barton’s strategic compass, charting a trajectory to transform extensions of the pit into JORC Mineral Resources by the initial half of 2024. The dawn of 2024 heralds an array of expeditions, encompassing drilling pursuits targeting high-priority destinations outlined in the seismic survey—a comprehensive voyage that defines Barton’s transformation from an ‘explorer’ to a ‘producer. ’
In the vibrant words of Barton MD Alex Scanlon, “Our focus lies in unveiling accessible, shallow mineralization within the existing open pit—a testament to our quest for an accelerated return to production and substantial cash flow. Even the most marginal extensions house invaluable ounces, underlining the significance of our fully licensed mill and permitted Mining Lease. ”
As the dust of this pioneering drilling settles, Barton’s unwavering resolve to decode the mysteries beneath the surface propels the company into an enthralling chapter of gold exploration—a journey that unearths treasures hidden in the heart of Tarcoola’s gold-laden terrain.
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