Barton Gold is an ASX, OTCQB and Frankfurt listed Australian gold developer with ~1.6Moz Au JORC Mineral Resources, advanced exploration projects and brownfield mines, and 100% ownership of the only regional gold mill in the central Gawler Craton of South Australia.
Barton is well funded with a strong institutional shareholder register, and is growing its Tarcoola and Tunkillia Gold Projects toward the Company’s ambition to develop South Australia’s largest independent gold producer, targeting 150,000oz production.
Barton’s Central Gawler Mill processed ore from its Tarcoola Gold Project during 2017 – 2018 with ~94% recoveries, providing a platform for early ‘Stage 1’ operations and toll milling options for multiple regional explorers.
Barton is already actively producing concentrates from mill recoveries and existing stockpiled ore, and has produced over $6m worth of gold to date.
Cash: AUD$10M
Debt: NIL
Major shareholders
Gocta Group – 20.9%
Collins Street Asset Management – 6.9%
MERK ASA Gold Fund – 4.9%
IXIOS Asset Management – 2.8%
Management Ownership – 23%
Alexander Scanlon – MD & CEO
Alex is the founder of Barton Gold and a financial economist with ~20 years’ experience in financial analysis, consulting, structured finance and mining advisory, investment and management. He was previously Managing Director of PARQ Capital Management and a Director with Lusona Capital where he focused on corporate advisory and principal investments in the natural resources sector, and before that an Executive in the Principal Investments Area of Barclays Capital.
Barton Gold is rapidly expanding its projects with consistent, significant exploration results. We are sharing our story internationally as we continue to execute large-scale exploration programs on our way to multiple JORC Mineral Resource updates anticipated for the end of 2023 and early 2024. Barton has identified over 2km of new gold mineralisation in the past 24 months, has expanded it Tunkillia JORC Resources by 55% to 1.5Moz Au at an ‘all in’ cost of only AUD $15 / oz, and expects to continue growing throughout 2024. The Company is commencing a Scoping Study for the Tunkillia Project, and is now pursuing complementary shallow high-grade mineralisation at the neighbouring Tarcoola Gold Project to support a potential ‘Stage 1’ operation leveraging our existing Central Gawler Mill. We expect to publish further JORC Resources updates during the coming 6 months along with the results of a Tunkillia Scoping Study and other asset monetisation scoping studies.
3 Months:
Scoping Study for the 1.5Moz Au (JORC) Tunkillia Gold Project
6 Months:
New shallow high-grade discoveries in the historical Tarcoola Goldfield.
12 Months:
Additional JORC (2012) Mineral Resource Estimate update(s) for Tarcoola and Tunkillia Gold Projects, and expanded Scoping studies confirming platform for operations restart and large-scale expansion to 150,000ozpa production target.