Tunkillia Drill Results Hit 36.9 Grams per Tonne Gold
Barton Gold Holdings reports a new high-grade zone at Tunkillia, with intercepts up to 36.9 g/t Au within the existing Starter Pit outlines.
The highest grade recorded in the latest assay batch is 36.9 grams per tonne gold. This intercept comes from hole TKB0674. It spans 2 meters starting at 71 meters depth. The result is part of a 39,000-meter Phase 2 drilling program. These assays confirm a new mineralised zone in the shallow central area. The zone sits within the existing Starter Pit boundaries. Barton Gold Holdings reported these figures on September 15, 2026. The company targets a Pre-Feasibility Study in Q1 2027.
Other notable intercepts include 13.7 g/t Au over 1 meter in TKB0749. Hole TKB0693 returned 10.7 g/t Au over 1 meter. TKB0712 recorded 12.1 g/t Au over 2 meters. These results reinforce the presence of high-grade material at shallow depths. The data supports the potential for upgraded grade profiles in the project model. Final assays are still pending from the drilling campaign. The company will update its JORC Mineral Resource Estimates after receiving all data.
Shallow Mineralisation Strengthens Project Model
The new zone is described as a bonus layer above existing resources. It lies within the high-value Starter Pit outlines. This configuration could improve the overall grade of the deposit. The Pre-Feasibility Study is scheduled for the first quarter of 2027. The economic returns are currently robust based on modelled data. The discovery may enhance the project's value proposition. Barton aims to advance development programs quickly.
Managing Director Alexander Scanlon stated the assays continue to surprise to the upside. The company has received government approval for its environmental Scoping Report. This is a key step in the Mining Lease application. The next steps include completing resource updates and the PFS. The company targets 150,000 ounces per annum of future production. It holds 2.2 million ounces of gold and 3.1 million ounces of silver in resources.
Regulatory Path And Resource Context
Barton Gold Holdings holds 100% ownership of the region's only gold mill. It operates brownfield mines in the Gawler Craton. The Challenger Gold Project holds 313,000 ounces of gold. The Tarcoola Gold Project has 20,000 ounces in a permitted open pit. The Tolmer discovery shows grades up to 84 g/t Au. These assets support the company's broader development strategy. The current announcement focuses specifically on the Tunkillia project updates.
The information is based on work by a Competent Person. This person is a Member or Fellow of the Australasian Institute of Mining and Metallurgy. The data is reported in accordance with JORC standards. The source for this market update is GN markets/commodities (en-US). Investors should review the full announcement on the ASX website. The company is listed on the ASX, OTC, and Frankfurt exchanges. The report date is September 15, 2026.
