BARTON GOLD HOLDINGS LIMITED Barton Gold Holdings Limited announced high-grade assays from the Perseverance open pit mine in the Tarcoola Goldfield (Tarcoola). During September and December 2023, and April 2024, Barton completed 26 RC drill holes (total 1,688m) and 3 diamond drill (DD) holes (total approximately 600m) to test for shallow, easily accessible open pit mineralisation. Assays have now confirmed multiple shallow high-grade extensions of pit floor mineralisation in, and new high-grade structures below, Tarcoola's brownfield Perseverance open pit mine.
Drilling has identified high-grade mineralisation in the pit floor, and new high-grade structures beneath the lower benches of the southwest pit wall. Key new intercepts are shown in the figure and table below. Drilling has successfully connected deeper modelled mineralisation with prior models of mineralisation historically mined in the pit floor, as well as shallow high-grade mineralisation previously drilled but remaining in the open pit floor.
Broad, high-grade intercepts associated with the Granite Vein structure near the current pit floor have helped reconcile modelled mineralisation and extend it to depth. Hole TBM0113 in the central area of the Perseverance open pit mine New high-grade structures confirmed in southwest corner of open pit. Assays have also now confirmed multiple new shallow, high-grade structures located below the lower benches of the southwest pit wall, which may reconcile to identified Perseverance West structures.
Holes TBM0123 and TBM0124 in the southern area of the Perseverance open pit. DD holes south of the open pit intersected mineralisation interpreted to be the southern continuation of the Granite Vein in the open pit, and have identified a 50m wide zone of healed faults within the Paxton Granite which provides valuable geological context for the earlier Deliverance Prospect work by Barton. A approximately 7,000m reverse circulation (RC) drill program remains ongoing across the Tarcoola Goldfield, focused on priority structural targets including Tolmer, Mulgathing, Dark Hill and Warburton.
