Barton just uncovered more gold at Tunkillia. A new, 800m gold zone
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Barton’s aggressive maiden drill program at its Tunkillia Gold Project in South Australia is paying off in spades with the definition of a new 800m gold zone.
New results such as 10m at 3.65 grams per tonne (g/t) gold from a depth of 51m and 11m at 1.75g/t gold from 124m at the 223 North zone add to prior results such as 4m at 3.6g/t gold from 105m and 4m at 3.15g/t gold from 83m.
Along with last week’s confirmation of a 350m of strike extension at the neighbouring Tarcoola Gold Project, the latest results clearly highlight Barton Gold’s (ASX:BGD) exploration chops given that it has now defined more than 1.1km of new mineralised strike in less than two weeks.
There’s potential to further grow 223 North with mineralisation remaining open along strike and depth, with the company flagging that the strike length could potentially be extended by another 1km through infill drilling to the north and south.
“I am pleased to announce a significant discovery at the Tunkillia gold project, where shallow intersections have confirmed our prediction for a new body of mineralisation northwest of the 223 Deposit,” managing director Alexander Scanlon said.
“The 223 North mineralisation has been defined on the same ~100m spacing used for inferred resources in the 223 Deposit, where Barton recently defined 965,000oz gold JORC Resources on ~2.5km of strike.
“These results extend Barton’s track record of a new discovery with every exploration program. We have invested heavily in pre-drilling technical work and it is rewarding to see this translate into efficient drilling, new discoveries, and rapidly expanding footprints for potential large-scale resources.”
Assays are pending for a further 2,184m of Tunkillia Phase 1 drilling at Area 191 and testing of key structural targets central to the 223 deposit.
The 31-hole Phase 1 drill program totalling 5,362m at Tunkillia was designed to test for the presence of gold mineralisation at 223 North and Area 191 as well as refine the company’s theses for potential regional models which may be predictive of gold mineralisation.
Barton noted that the new gold zone discovered at 223 North starts about 500m north of the 223 Deposit, which itself remains open in all directions, and trends to the northwest toward the new 223 North mineralisation.
Several shallow and broad intersections, interspersed with significant higher-grade intersections suggest that 223 North has a similar mineralisation profile to that at the main 223 Deposit.
With the potential to extend both the 223 Deposit and 223 North, it is conceivable that the two bodies of mineralisation might connect as a single ~4 – 5km long body of mineralisation, raising interesting possibilities for future growth of the existing 965koz Au JORC Resource base.
This article was developed in collaboration with Barton Gold, 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.