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Barton Gold marks phase-1 sampling of CSIRO and portable PPB trials off its list
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Barton is trialling the deployment of portable BBP’s detectORE, originally patented by the CSIRO across high priority Tarcoola targets in South Australia.
Phase-1 orientation sampling at the Tarcoola Gold Project has been marked off Barton Gold’s list in collaboration with the CSIRO as it prepares for the Christmas holidays.
Barton (ASX:BGD) is trialling deployment of portable PPB’s detectORE technology, originally patented by CSIRO, across its high priority Tarcoola targets.
The technology offers the potential to revolutionise testing with gold results available in-field in as little as 8 hours’ time versus several weeks for conventional lab-based assays.
This program forms part of the works co-funded by the Government of South Australia under the Accelerated Discovery Initiative (ADI), in which Barton has received a total $300,000 in co-funding during Round 2 of the ADI program with $100,000 going toward the CSIRO and Portable PPB trials.
2022 will see BGD hit the ground running
Commenting on the completion of phase-1 sampling trials, managing director Alexander Scanlon said: “This concludes a very busy year in the field, during which we have completed multiple geophysical, geochemical and drilling programs.
“Results from Tarcoola ground penetrating radar, and over 10,300m drilling at the Tarcoola and Tunkillia Gold Projects, have been exceptional.
“We plan to hit the ground running early next year following integration of these results with our evolving regional geological models, targeting more than 20,000m of drilling and mineral resource estimate updates for the Tarcoola and Tunkillia Gold Projects during 2022.”
With a cash balance of $12.9m, Scanlon said the company is well-placed to pursue its exploration and mineral resources growth strategy as it moves these projects towards feasibility studies.
This article was developed in collaboration with Barton Gold Holdings Limited (ASX:BGD), a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
