The Fort Worth Press - Completion of Diamond Drilling on High Grade Tolmer Prospect

USD -
AED 3.672503
AFN 65.999852
ALL 81.873378
AMD 378.43987
ANG 1.79008
AOA 917.000491
ARS 1445.0428
AUD 1.425192
AWG 1.8
AZN 1.701926
BAM 1.658498
BBD 2.01317
BDT 122.152876
BGN 1.67937
BHD 0.376919
BIF 2961.725511
BMD 1
BND 1.270543
BOB 6.906845
BRL 5.228904
BSD 0.999546
BTN 90.307481
BWP 13.806116
BYN 2.86383
BYR 19600
BZD 2.010235
CAD 1.36427
CDF 2155.000115
CHF 0.774745
CLF 0.021839
CLP 861.999947
CNY 6.946501
CNH 6.93494
COP 3632.08
CRC 496.408795
CUC 1
CUP 26.5
CVE 93.503553
CZK 20.593989
DJF 177.719935
DKK 6.319765
DOP 62.937775
DZD 129.865503
EGP 47.013897
ERN 15
ETB 155.042675
EUR 0.84615
FJD 2.1993
FKP 0.732491
GBP 0.73007
GEL 2.695024
GGP 0.732491
GHS 10.950041
GIP 0.732491
GMD 73.500677
GNF 8769.058562
GTQ 7.666672
GYD 209.120397
HKD 7.812175
HNL 26.408086
HRK 6.3756
HTG 131.107644
HUF 322.251037
IDR 16758
ILS 3.082015
IMP 0.732491
INR 90.48545
IQD 1309.380459
IRR 42125.000158
ISK 122.69594
JEP 0.732491
JMD 156.640605
JOD 0.708969
JPY 155.718977
KES 128.999825
KGS 87.449964
KHR 4033.037668
KMF 418.00027
KPW 899.987247
KRW 1449.560268
KWD 0.307102
KYD 0.83298
KZT 501.119346
LAK 21499.832523
LBP 89508.041026
LKR 309.380459
LRD 185.911623
LSL 16.009531
LTL 2.95274
LVL 0.60489
LYD 6.319217
MAD 9.168716
MDL 16.926717
MGA 4429.877932
MKD 52.134305
MMK 2100.119929
MNT 3568.429082
MOP 8.04357
MRU 39.901294
MUR 45.889873
MVR 15.449947
MWK 1733.257012
MXN 17.252485
MYR 3.932502
MZN 63.750037
NAD 16.009531
NGN 1387.419629
NIO 36.785781
NOK 9.64092
NPR 144.492309
NZD 1.65348
OMR 0.384493
PAB 0.999521
PEN 3.364907
PGK 4.282347
PHP 59.059528
PKR 279.545138
PLN 3.573615
PYG 6631.277242
QAR 3.634567
RON 4.310899
RSD 99.326542
RUB 76.88768
RWF 1458.783824
SAR 3.750079
SBD 8.058101
SCR 13.733114
SDG 601.509021
SEK 8.90901
SGD 1.269935
SHP 0.750259
SLE 24.474972
SLL 20969.499267
SOS 570.272883
SRD 38.114501
STD 20697.981008
STN 20.775741
SVC 8.746163
SYP 11059.574895
SZL 16.015332
THB 31.656032
TJS 9.340767
TMT 3.51
TND 2.890372
TOP 2.40776
TRY 43.476498
TTD 6.770319
TWD 31.591998
TZS 2584.039876
UAH 43.256279
UGX 3563.251531
UYU 38.49872
UZS 12236.487289
VES 371.640565
VND 26002
VUV 119.537583
WST 2.726316
XAF 556.244594
XAG 0.011829
XAU 0.000202
XCD 2.70255
XCG 1.801384
XDR 0.691072
XOF 556.244594
XPF 101.131218
YER 238.375017
ZAR 15.966098
ZMK 9001.213126
ZMW 19.615608
ZWL 321.999592
  • RIO

    2.9900

    95.51

    +3.13%

  • CMSC

    -0.0900

    23.66

    -0.38%

  • NGG

    1.6850

    86.295

    +1.95%

  • AZN

    -2.2900

    186.12

    -1.23%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • GSK

    0.7300

    53.2

    +1.37%

  • BP

    0.8200

    38.52

    +2.13%

  • BTI

    0.8850

    61.875

    +1.43%

  • SCS

    0.0200

    16.14

    +0.12%

  • RYCEF

    0.3300

    17

    +1.94%

  • CMSD

    -0.1200

    23.96

    -0.5%

  • BCC

    2.6800

    84.43

    +3.17%

  • RELX

    -5.3850

    30.145

    -17.86%

  • VOD

    0.3200

    15.23

    +2.1%

  • JRI

    -0.0250

    13.125

    -0.19%

  • BCE

    0.3990

    26.229

    +1.52%

Completion of Diamond Drilling on High Grade Tolmer Prospect
Completion of Diamond Drilling on High Grade Tolmer Prospect

Completion of Diamond Drilling on High Grade Tolmer Prospect

Structural investigation to guide future exploration targeting

HIGHLIGHTS

  • March 2025 Tolmer discovery hole ranked 5th highest-grade silver intersection reported globally during H1 2025, with an interval of 6m @ 4,747 g/t Ag from only 46m depth1

  • New assays have extended high grade silver horizons, and added coincident high-grade gold up to ~13g/t Au, within a highly mineralised footprint now ~1.5km wide2

Text size:

ADELAIDE, AUSTRALIA / ACCESS Newswire / August 24, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm the completion of diamond drilling (DD) at the high-grade Tolmer gold and silver prospect, located at the Company's South Australian Tarcoola Gold Project (Tarcoola). Three holes totalling 595.3 metres drilling were completed in the 'eastern gold zone' to identify structural controls and guide future targeting.

Figure 1 - Tolmer map showing 'silver zone' at left, 'gold zone' at right and DD holes location (red)

Commenting on the Tolmer diamond drilling, Barton Managing Director Alexander Scanlon said:

"Tolmer is an exciting new discovery near our Central Gawler Mill, with shallow gold and silver up to 83.6g/t Au and 17,600g/t Ag. This initial round of diamond drilling will give us a helpful 'first look' at local structural controls and, together with the pending results of soil assays over the whole area, will help guide future targeting across a now 1.5km wide footprint of shallow, high-grade mineralisation. We look forward to sharing further updates."

1According to Rock Report analysis available here and at https://rockreportnews.com/graphics/; refer to ASX announcement dated 27 March 2025
2Refer to ASX announcement dated 5 August 2025

Program background

During August 2024 Barton announced a Tolmer high-grade gold discovery and then, during March 2025, Barton announced one of Australia's highest-grade modern silver discoveries ~500m further west.3 These neighbouring 'eastern gold zone' and 'western silver zone' discoveries have yielded grades up to 83.6g/t Au and 17,600g/t Ag, respectively, with high-grade gold and silver present in each zone.3

Recent RC drilling assays extended broad silver mineralisation and also added high-grade gold to the 'western silver zone' (see Table 1), yielding a highly enriched mineralised footprint ~1.5km wide.4 While silver up to 117g/t Ag was encountered in fresh rock in this drilling, the origin of this high-grade mineralisation has not yet been confirmed, and is a key focus of ongoing investigation.

Hole ID

Interval

Including:

TBAC130

Silver

Gold

6m @ 4,747 g/t Ag from 46 metres

4m @ 13.2 g/t Au from 48 metres

Silver

Gold

1m @ 17,600 g/t Ag from 46 metres

1m @ 51.2 g/t Au from 48 metres

TBM233

Silver

Silver

Gold

14m @ 104 g/t Ag from 5 metres

3m @ 993 g/t Ag from 55 metres

1m @ 6.86 g/t Au from 55 metres

Silver

Silver

1m @ 421 g/t Ag from 10 metres

2m @ 1,475 g/t Ag from 55 metres

TBM237

Silver

Gold

9m @ 217 g/t Ag from 44 metres

1m @ 7.9 g/t Au from 44 metres

Silver

1m @ 1,100 g/t Ag from 44 metres

TBM238

Silver

Gold

7m @ 648 g/t Ag from 46 metres

5m @ 3.06 g/t Au from 46 metres

Silver

Gold

2m @ 1,720 g/t Ag from 46 metres

1m @ 10.7 g/t Au from 46 metres

TBM245

Silver

Gold

13m @ 142 g/t Ag from 10 metres

5m @ 3.32 g/t Au from 10 metres

Silver

Gold

2m @ 499 g/t Ag from 11 metres

1m @ 13.2 g/t Au from 11 metres

TBM246

Silver

Gold

13m @ 285 g/t Ag from 48 metres

11m @ 3.31 g/t Au from 48 metres

Silver

Gold

1m @ 2,240 g/t Ag from 53 metres

1m @ 22.8 g/t Au from 53 metres

TBM254

Silver

Gold

1m @ 748 g/t Ag from 59 metres

1m @ 3.14 g/t Au from 59 metres

Table 1 - Key new high-grade gold and silver assays in 'western silver zone' of Tolmer prospect4

Figure 2 - Tolmer 'western silver zone' recent new gold (yellow) and silver (blue) assays4

3Refer to ASX announcements dated 27 August 2024, and 30 January, 27 March, 16 April and 5 August 2025
4Refer to ASX announcement dated 5 August 2025

Multiple horizons of broad, shallow high-grade Au-Ag mineralisation

Recent RC drilling in Tolmer's 'western silver zone' have infilled and extended an 'upper horizon' of shallow, broad 'silver dominant' mineralisation (largely independent of gold) to the west, while adding additional high-grade gold and silver intervals to a much higher-grade 'lower horizon' with silver up to 17,600g/t Ag.5

Figure 3 - Tolmer 'silver zone' cross-section 6,602,075N with anomalous Ag-Pb & key intersections5

Recent drilling also identified a potential southern extension of the 'lower horizon' containing both high grade gold and silver (see Figure 4), as well as silver intersections up to 117g/t Ag in the underlying fresh rock.5 The goal of new diamond drilling is to identify local structural controls to guide future drill targeting.

Figure 4 - Tolmer 'silver zone' cross-section 6,601,975N with anomalous Ag-Pb & key intersections5

5Refer to ASX announcement dated 5 August 2025

Soil sampling program also underway

In July 2025 Barton completed a soil sampling program over a ~1.9km2 area surrounding the 'Tolmer' high grade silver and gold discoveries, collecting ~430 samples with assays expected during September 2025.6

Figure 5 - Location of Tolmer soil geochemistry program relative to recent RC drilling program3

6Refer to ASX announcement dated 14 July 2025

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 2.1Moz Au & 3.1Moz Ag JORC Mineral Resources (78.9Mt @ 0.85 g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia.*

*Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 25 July 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,095koz Au (39.2Mt @ 0.87 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.

Challenger Gold Project

  • 223koz Au + fully permitted Central Gawler Mill (CGM)

Tarcoola Gold Project

  • 20koz Au in fully permitted open pit mine near CGM

  • Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag

Tunkillia Gold Project

  • 1.6Moz Au & 3.1Moz Ag JORC Mineral Resources

  • Competitive 120kozpa gold & 250kozpa silver project

Wudinna Gold Project

  • 279koz Au project located southeast of Tunkillia

  • Significant optionality, adjacent to main highway

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

Wudinna Mineral Resource (Clarke Deposit)

Ms Justine Tracey

AusIMM

Member

Wudinna Mineral Resource (all other Deposits)

Mrs Christine Standing

AusIMM / AIG

Member / Member

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.

SOURCE: Barton Gold Holdings Limited



View the original press release on ACCESS Newswire

T.Gilbert--TFWP