Lit and green: Barton gets official go-for-gold nod, strides into under-explored Tarcoola
Barton Gold has nabbed Environment Protection and Rehabilitation (E-PEPR) approval for exploration at its Tarcoola gold project in SA.
It’s part of South Australia’s Mining Act 1971 which requires the holder of an exploration licence (EL) to have an approved E-PEPR in place prior to the commencement of any exploration activities.
The approved E-PEPR also provides for an ongoing approval period where the company will submit notifications prior to each new program of works – which means a single E-PEPR will cover multiple drilling programs.
The Tarcoola project hosts an existing open pit gold mine within trucking distance to Barton Gold’s (ASX:BGD) processing plant and remains an “under-explored asset with untapped scale potential,” the company says.
“We are pleased to secure this key approval to commence regional exploration drilling at Tarcoola next month,” MD Alexander Scanlon said:
“Last year’s Phase 2 drilling program was very successful in identifying high value opportunities on the existing Mining Lease, including a new ~350m long shallow high-grade gold zone on the existing open pit mine.
“We are keen to test the high-priority regional targets validated by our technical work, as we seek to rapidly expand the Tarcoola Project footprint during 2022.”
Ealbara is in the northern part of the Tarcoola project area on the Lake Labyrinth Shear Zone (LLSZ) and will be a priority target in Barton’s upcoming regional drilling program.
The LLSZ is a major fault zone known to host significant gold mineralisation at Indiana Resources’ (ASX:IDA) nearby Minos and Ariadne prospects where drilling has intersected broad, high-grade gold mineralisation.
The company has also spotted a major gravity-high signature around the eastern margin of a significant gravity-low.
The Dark Hill prospect is along the trend of the gravity high on the contact with mapped Paxton Granite and is a priority target for drill testing.
This article was developed in collaboration with Barton Gold Limited, 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.