Why did Barton Gold expand its drilling programme?

Barton Gold (ASX:BGD) expanded its exploration footprint at the Tunkillia Gold Project because recent assay analyses indicated potential for mineralisation extensions.

What are the operational parameters of the updated exploration phase?

Barton Gold (ASX:BGD) added 10,500 metres of reverse circulation drilling to its Phase 2 exploration activities. This brings the total planned drilling allocation for this specific operational phase to approximately 40,000m.

How is the market responding to the asset development update?

The market response to Barton Gold (ASX:BGD) remained quiet following the release of the technical drilling update. The equity's share price closed unchanged at $0.84 on the day of the corporate announcement.

What does the project delivery timeline look like for the Tunkillia asset?

Barton Gold (ASX:BGD) forecasts the completion of its ongoing pre-feasibility study before the end of calendar year 2026. The company expects the underlying data from this study to guide subsequent mining lease applications and project funding negotiations during 2027.

What is the projected financial and production capacity of the asset?

Barton Gold (ASX:BGD) models an annual lifecycle production of approximately 120,000 ounces of gold and 250,000 ounces of silver from the site. According to company projections, the project yields a pre-tax net present value of roughly A$1.4 billion with an estimated capital payback timeline of 0.8 years.

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Barton Gold expands Tunkillia Project Phase 2 drilling

Written by Mahathir BayenaPublished Jun 16, 2026, 3:59 AM

· Barton Gold added 10,500m to its Phase 2 exploration programme.

· The company share price held steady at $0.84 following the corporate update.

· The expanded programme supports an upcoming pre-feasibility study scheduled for late 2026.

Barton Gold (ASX:BGD) added 10,500m to its drilling programme at the Tunkillia Gold Project.

The expansion increases the total planned reverse circulation drilling for the current phase to approximately 40,000m.

"We are excited to expand drilling with the objective to potentially increase both the quantum and grade of Resources," said Barton Gold Managing Director Alexander Scanlon.

The company stated that the additional exploration work is designed to improve the classification of its starter pit mineralisation.

Following the announcement, the Barton Gold share price was unchanged at $0.84.

All other work programmes at the project remain on track for a pre-feasibility study completion before the end of 2026.

The company reported that study results will inform future mining lease applications and project finance discussions during 2027.

Barton Gold expands Tunkillia Project Phase 2 drilling

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