Chequebook

South Australian government issues checkbook for Barton

Barton Gold has secured a $ 300,000 grant from the Government of South Australia to accelerate exploration of the company’s Tarcoola gold project. The funding further validates Barton’s strategic position in the Gawler Craton where the state government seeks to revitalize exploration through the fertile mineral terrane.

Gawler Craton explorers probably won’t need a boost, but a clique of specialist players is already making their mark on the sometimes overlooked mineral field. In recent months, the discoveries of market darlings Coda Minerals and Indiana Resources have raised more than a few eyebrows and attracted a plethora of potential miners to the Gawler Block in search of the next discovery of iron and copper oxide. from Olympic Dam.

Barton is also already leading the pack, having gathered an enviable set of terrain across the geologically rich province, with the company’s tenure spanning more than 200 miles of strike. Barton’s project area stretches from its stalled Challenger gold mine in the north to South Australia’s largest undeveloped gold deposit at Tunkillia in the south.

The company’s Tarcoola project sits in the middle of its vast tenure, about 600 km northwest of Adelaide, and was at the center of Barton’s exploration program prior to its recent listing on the ASX.

While previous work at Tarcoola included drilling, sampling, and various innovative geophysical methods, the $ 300,000 grant received under the Government of South Australia’s Accelerated Discovery Initiative, or “ADI,” will aim to take this work to the next level.

Barton Gold Managing Director Alex Scanlon said: “The Tarcoola and Tunkillia project areas have historically been under-explored for the past 20 years. However, our recent work has identified considerable new discovery potential in large-scale structures. This funding will help better map the main structural and stratigraphic controls of mineralization at the Tarcoola project and identify priority future drilling targets.

The company is currently designing a series of new exploration programs at the historic Tarcoola mining center and is currently planning advanced geophysical surveys to continue to unravel the subterranean geology and structure of the area.

This work will include both ground penetrating radar or “GPR” and high resolution gravity surveys.

The surveys are expected to help the company’s geologists target various regional and near-mine anomalies, as previous seismic surveys have defined the mineralizing structures at Tarcoola along a massive 14 km stretch.

Barton’s previous work shows that the deep, gold-rich system extends more than 2 km below the surface.

Management says its new funding will also fund ongoing drill testing of a growing list of targets across the Gawler Terrane.

Barton’s GPR survey is already underway and may help fill in the final crucial pieces of the puzzle as the company seeks to unlock a treasure trove of mineralization in this most fertile gold province.

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