Scoping Studies Begin for 1.5Moz Tunkillia Gold Project

Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) has announced the commencement of scoping studies for its Tunkillia Gold Project, which recently saw its JORC (2012) Mineral Resource Estimate rise to 1.5Moz Au (51.3Mt @ 0.91 g/t Au). The studies are to be conducted with the collaboration of GR Engineering Services Limited and Mining Associates Pty Ltd.

The scoping study will cover aspects such as mine design, production scheduling, process plant, tailings storage, equipment, personnel, and supporting infrastructure. Following the study, Barton Gold will perform a Pre-feasibility Study (PFS) Gap Analysis to determine further necessary work.

This initiative follows Barton’s recent share placement to institutional investors and Share Purchase Plan, which saw significant support and exceeded the targeted raise amounts. Barton’s Managing Director, Alex Scanlon, highlighted the rapid advancement of Tunkillia since its acquisition in early 2020 and expressed excitement about moving into development studies.