- Barton Gold (ASX:BGD) is building up evidence to ideally support its belief a potential high-grade system could lie outside the boundaries of its existing 1.38Moz JORC resource
- It comes on the back of recent drilling results carried out at the Area 191 prospect
- The company hit a 3.83-metre section at 68g/t gold
- Barton believes there exists room for JORC upside
- BGD shares last traded at 25 cents
With visible high-grade gold reported by geotechs, Barton Gold (ASX:BGD) is building up evidence to ideally support its belief a potential high-grade system could lie outside the boundaries of its existing 1.38 million ounce JORC resource.
The news comes on the back of recent drilling results carried out at its Area 191 prospect target area of interest.
The company hit a 3.83-metre section at 68 grams per tonne (g/t) gold, easily beating the ‘bonanza’ grade classification.
Further promising results highlighted this morning were: 10 metres at 4.08g/t gold; 11 metres at 6.24g/t and two metres at 35.05g/t.
High-grade gold was identified in diamond drill cores which return whole compressed cylinders to surface, as opposed to aircore and RC which bring rockchips back up.
The interesting context here for Barton, reading between the lines of its announcement, is room for JORC upside.
The company made the point of highlighting that these new finds are beyond the boundaries of previous drilling conducted to establish the current JORC, upgraded only back in December of 2023.
While the results aren’t near surface, necessarily, Barton described them as shallow.
The results of one drillhole in particular – TKB124D – seem to indicate, to the geotechs, that mineralisation could extend northward at concentrations not yet realised.
“These are the highest-grade assays yet at Tunkillia and suggest the potential for a high-grade system just to the northeast of the current 1.38 million ounce JORC resource,” Barton Managing Director Alex Scanlon said.
“Such high-grade mineralisation could significantly enhance Tunkillia’s development profile. We will certainly review this further as we build out Tunkillia’s footprint.”
BGD shares last traded at 25 cents.