Barton Gold Holdings Limited (AU:BGD) has released an update.
Barton Gold Holdings Limited has announced significant high-grade gold intercepts at their Tarcoola Goldfield’s Perseverance open pit mine. The exploration, comprising 26 reverse circulation and 3 diamond drill holes, has revealed multiple shallow extensions with grades up to approximately 12 grams per tonne (g/t) gold. These promising results could pave the way for the company’s ‘Stage 1’ mining operations, indicating a potential expansion of the mine.
This positive development at the Perseverance open pit mine comes amidst a strong gold market, with gold prices reaching new highs. As a result, Barton Gold Holdings Limited is well-positioned to capitalize on the current market conditions and maximize the value of their gold reserves.
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