BRIEF

on Barton Gold Holdings Limited (isin : AU0000153215)

Seismic Survey Reveals Tarcoola Goldfield Architecture

Barton Gold Holdings Limited (ASX:BGD) has announced promising results from a seismic survey conducted at the Tarcoola Gold Project. Completed by HiSeis in August 2023, the survey revealed multiple new structures and confirmed the connection between known gold mineralisation and deeper sub-vertical structures, akin to the Perseverance Fault.

Barton MD Alex Scanlon noted the significant potential for new discoveries at Tarcoola, a site with minimal modern exploration and a rich history of high-grade production. The company plans to drill high-priority exploration targets in early 2024, combining new seismic data with existing datasets.

The seismic survey collected over 40 line-km of data, mapping several new fault structures. The findings suggest that gold mineralisation is often associated with NE trending structures and deep-tapping faults, marking the first structural framework for known gold occurrences in the region.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Barton Gold Holdings Limited news