What is the core reason for the new study launched by Barton Gold?

Barton Gold (ASX:BGD) commenced the pre-feasibility study to progress development at its Tunkillia Gold Project. The company stated that this study will integrate recent drilling data to advance its future mining lease applications.

What are the financial projections for the Barton Gold development?

Barton Gold (ASX:BGD) is targeting a historically modelled operating profit of $1.75 billion during the first 27 months of production. The company anticipates that this project will pay back its upfront development capital approximately four times over within this timeframe.

What does the exploration drilling programme involve for Barton Gold?

Barton Gold (ASX:BGD) has scheduled approximately 60,000 metres of reverse circulation drilling and 3,000 metres of diamond drilling. The company forecasts that these drilling operations will be completed by September 2026 to support resource upgrades.

What is the pipeline timeline for the Barton Gold project study?

Barton Gold (ASX:BGD) targets the official completion of this pre-feasibility study during the first quarter of calendar year 2027. The company expects to immediately follow this milestone with stakeholder engagement to advance project finance and development approvals.

How is GR Engineering Services involved with Barton Gold in South Australia?

Barton Gold (ASX:BGD) has appointed GR Engineering Services Limited (ASX:GNG) to lead the pre-feasibility study at the South Australian project site. GR Engineering Services previously delivered the 2025 optimised scoping study for the same asset.

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Barton Gold begins study targeting $1.75B profit

Written by Heidi Cuthbert Published Jun 22, 2026, 3:00 AM

Barton Gold has commenced its pre-feasibility study for the Tunkillia Gold Project in South Australia.
Following the announcement, the company's share price traded up at $0.80 on the ASX.
The development programme targets study completion in early calendar year 2027 to advance mining lease applications.

Barton Gold (ASX:BGD) commenced its Tunkillia Gold Project pre-feasibility study, targeting a historically modelled $1.75 billion operating profit.

The study builds upon a May 2025 study that outlined annual production of 120,000 ounces of gold.

“Our goal is to advance Tunkillia as quickly as possible,” said Barton Gold Managing Director Alexander Scanlon.

The company stated that approximately 60,000m of reverse circulation drilling is scheduled for completion by September 2026.

Following the announcement, the Barton Gold share price was up at $0.80.

The firm recently expanded its exploration activities with additional upgrade drilling programmes at the primary project site.

The business also completed a major institutional capital raising to secure funding for its ongoing regional exploration initiatives.

Barton Gold begins study targeting $1.75B profit

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