Barton Gold Appoints Credit Advisor for Stage 1 Operations

Barton Gold Holdings Limited has announced the appointment of Bedrock Advisory Partners to manage the credit portion of its financing process for the Stage 1 operations at the South Australian Challenger Gold Project. This move comes as part of a strategic plan accompanying the ongoing Definitive Feasibility Study (DFS) and upgrade drilling at Central Gawler Mill.

The company has engaged in preliminary talks with several credit and investment groups interested in financing the Stage 1 operations, targeting baseline operations with historical high-grade tailings. Bedrock's team, with extensive experience in natural resources finance, will support Barton in evaluating various financing options.

The collaboration aims to optimise the operational and credit risk modelling, enhancing Barton's investment strategy during its transition to operations. The high gold prices and confirmed resources of over 300koz Au present a favourable backdrop for leveraging existing infrastructures at Central Gawler Mill.