The Fort Worth Press - Central Gawler Mill Refurbishment Estimated at A$26m

USD -
AED 3.672502
AFN 63.999806
ALL 82.099008
AMD 367.63228
ANG 1.790403
AOA 917.496714
ARS 1492.901385
AUD 1.443002
AWG 1.8025
AZN 1.702355
BAM 1.709092
BBD 2.014681
BDT 123.336392
BGN 1.69088
BHD 0.377157
BIF 2975.313497
BMD 1
BND 1.290864
BOB 6.927077
BRL 5.170003
BSD 1.000306
BTN 95.296893
BWP 13.491502
BYN 2.902259
BYR 19600
BZD 2.011797
CAD 1.41995
CDF 2246.000438
CHF 0.801016
CLF 0.023518
CLP 925.617163
CNY 6.789101
CNH 6.785505
COP 3363.656224
CRC 455.717219
CUC 1
CUP 26.5
CVE 96.35601
CZK 21.144702
DJF 178.127321
DKK 6.535602
DOP 59.256346
DZD 133.361297
EGP 49.283873
ERN 15
ETB 160.4018
EUR 0.8739
FJD 2.26045
FKP 0.748895
GBP 0.746798
GEL 2.634989
GGP 0.748895
GHS 11.363656
GIP 0.748895
GMD 72.494587
GNF 8772.665705
GTQ 7.634028
GYD 209.236685
HKD 7.84465
HNL 26.773277
HRK 6.587501
HTG 130.834098
HUF 308.909829
IDR 17994.4
ILS 2.99865
IMP 0.748895
INR 95.215502
IQD 1310.350854
IRR 1375950.000056
ISK 125.92006
JEP 0.748895
JMD 158.351903
JOD 0.70902
JPY 161.364978
KES 129.3398
KGS 87.447698
KHR 4005.767466
KMF 431.000453
KPW 900.00035
KRW 1528.774987
KWD 0.31029
KYD 0.833661
KZT 473.045834
LAK 22586.621226
LBP 89575.392144
LKR 335.046096
LRD 181.552847
LSL 16.224931
LTL 2.95274
LVL 0.60489
LYD 6.4115
MAD 9.354393
MDL 17.595141
MGA 4240.835409
MKD 53.86027
MMK 2099.883338
MNT 3582.147735
MOP 8.08057
MRU 39.921353
MUR 47.050138
MVR 15.459665
MWK 1734.609167
MXN 17.469098
MYR 4.070999
MZN 63.910227
NAD 16.224931
NGN 1370.080045
NIO 36.806921
NOK 9.841001
NPR 152.475204
NZD 1.75116
OMR 0.385704
PAB 1.000306
PEN 3.403766
PGK 4.394635
PHP 61.501022
PKR 278.103989
PLN 3.75205
PYG 6082.055315
QAR 3.656661
RON 4.568016
RSD 102.570892
RUB 76.986936
RWF 1464.412112
SAR 3.755774
SBD 8.058541
SCR 13.46616
SDG 600.504017
SEK 9.65806
SGD 1.2914
SHP 0.746601
SLE 24.349831
SLL 20969.503664
SOS 571.678245
SRD 37.565993
STD 20697.981008
STN 21.409534
SVC 8.752567
SYP 110.532098
SZL 16.22231
THB 33.32503
TJS 9.2726
TMT 3.51
TND 2.952244
TOP 2.40776
TRY 46.767495
TTD 6.779394
TWD 31.937992
TZS 2626.818718
UAH 44.550181
UGX 3650.980906
UYU 40.232446
UZS 11983.221916
VES 638.90327
VND 26296
VUV 118.93159
WST 2.77318
XAF 573.213615
XAG 0.016021
XAU 0.00024
XCD 2.70255
XCG 1.80277
XDR 0.712894
XOF 573.213615
XPF 104.216367
YER 237.049895
ZAR 16.231502
ZMK 9001.203298
ZMW 18.379866
ZWL 321.999592
  • CMSC

    0.0400

    21.99

    +0.18%

  • NGG

    2.6700

    82.85

    +3.22%

  • RELX

    0.5500

    31.93

    +1.72%

  • RIO

    1.0700

    94.42

    +1.13%

  • GSK

    2.3600

    53.66

    +4.4%

  • BTI

    1.2100

    61.77

    +1.96%

  • RYCEF

    0.5400

    19.68

    +2.74%

  • VOD

    0.1400

    13.15

    +1.06%

  • CMSD

    -0.0300

    22.15

    -0.14%

  • RBGPF

    2.5400

    68.15

    +3.73%

  • BCC

    0.4500

    75.93

    +0.59%

  • BCE

    0.4000

    21.42

    +1.87%

  • JRI

    0.0600

    13

    +0.46%

  • AZN

    11.2900

    195.15

    +5.79%

  • BP

    1.2500

    37.4

    +3.34%

Central Gawler Mill Refurbishment Estimated at A$26m
Central Gawler Mill Refurbishment Estimated at A$26m

Central Gawler Mill Refurbishment Estimated at A$26m

Preliminary evaluation confirms low-cost pathway to production

HIGHLIGHTS

  • Capital cost for full reinstatement of Central Gawler Mill to original design basis (600ktpa fresh ore) estimated at only ~A$26m (±30%); processing cost estimated at only A$44.50/t

  • Significant cost advantages versus building a new mill, or utilising third party toll milling

  • Targeting feasibility by end of 2025 to support initial ‘Stage 1' operations by end of 2026; early conversations underway for low-dilution credit and working capital financing

Text size:

ADELAIDE, AUSTRALIA / ACCESS Newswire / July 20, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) ( Barton or Company ) is pleased to share that preliminary engineering analysis has confirmed that full reinstatement of the Central Gawler Mill ( CGM ) to its original 600ktpa fresh ore configuration is estimated at only A$26m (±30%). Full details are contained in the complete announcement, which can be accessed on the ASX website, the investor section of Barton's website, or directly by clicking here.

Figure 1 - 3D schematic indicating CGM component replacement and refurbishment

Commenting on the refurbishment analysis, Barton Managing Director Alexander Scanlon said:

"Our Central Gawler Mill offers significant leverage for a low-cost transition to production. A refurbishment cost of only A$26m is a fraction of the cost of building new, and the option to defer material elements of capex if first reprocessing tailings offers further advantages. Existing infrastructure also offers more financing options, and we don't need to seek third party toll milling services while sacrificing profitability. The building blocks for our regional development strategy are now in place, and we look forward to kicking it off at the Central Gawler Mill."

Authorised by the Managing Director of Barton Gold Holdings Limited.

For further information, please contact:

Alexander Scanlon
Managing Director
[email protected]
+61 425 226 649

Jade Cook
Company Secretary
[email protected]
+61 8 9322 1587

 

About Barton Gold
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 1.9Moz Au & 3.1Moz Ag JORC Mineral Resources (73.0Mt @ 0.79 g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia.*

Competent Persons Statement & Previously Reported Information

The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy ( AusIMM ), Australian Institute of Geoscientists ( AIG ) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 ( JORC ).

Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow

The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company's Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company's website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons' findings are presented have not been materially modified from the previous announcements.

Cautionary Statement Regarding Forward-Looking Information

This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "expect", "target" and "intend" and statements than an event or result "may", "will", "should", "would", "could", or "might" occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.

* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 30 June 2025. Total Barton JORC (2012) Mineral Resources include 1,031koz Au (39.3Mt @ 0.82 g/t Au) in Indicated category and 834koz Au (33.8Mt @ 0.77 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.

SOURCE: Barton Gold Holdings Limited



View the original press release on ACCESS Newswire

D.Ford--TFWP