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New Assays Confirm High Grade Silver in Tolmer Gold System

In This Article:

ADELAIDE, AU /ACCESS Newswire / January 29, 2025 /

HIGHLIGHTS

  • New ‘Tolmer' gold system recently confirmed by shallow high-grade gold assays at Tarcoola [1]

  • Multi-element analyses now confirm high-grade silver also present in supergene zone, and also in primary gold-sulphide veins in association with elevated lead and zinc

  • Expanded significant assays from May - July 2024 reverse circulation ( RC ) drilling include: 1

Hole ID

Interval

Including:

TBM0144

2m @ 0.35 g/t Au and 124 g/t Ag [62m]

1m @ 180 g/t Ag [62m]

TBM0145

1m @ 2.16 g/t Au and 241 g/t Ag [79m]

TBM0161

4m @ 24.6 g/t Au and 82.8 g/t Ag [95m]

1m @ 83.6 g/t Au and 312 g/t Ag [97m]

  • Recent ~2,000m aircore (AC) drilling along strike of May - July 2024 Tolmer RC gold assays also return further anomalous gold assays up to 3 g/t Au [2]

  • A 1,500 - 2,000m follow-up RC drilling campaign has commenced today at the Tolmer prospect

Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to announce further assays from the Tolmer prospect (Tolmer) at the Tarcoola Gold Project ( Tarcoola ) in South Australia, where prior assays confirmed a new gold mineralised system of quartz sulphide veining. 1

New multi-element assays confirm that high-grade silver is also present in the Tolmer system's weathered zone, associated with broad zones of anomalous lead and copper, similar to the primary signature of the vein gold mineralisation at Tarcoola.

These assays also confirm a strong association between gold and silver in quartz sulphide veining, similar to the primary signature of the gold mineralisation at the Tunkillia Gold Project (Tunkillia).

Assaying to date has returned maximum individual results of 3.46% lead, 10.8% zinc and 0.12% copper. Recent Tolmer AC drilling has also returned further anomalous gold assays up to 3 g/t Au along strike. 2

Commenting on the discovery of silver in the Tolmer system, Barton MD Alexander Scanlon said:

"We are excited to report new multi-element assays which confirm that high-grade silver is also present in the new Tolmer gold system, with silver grades up to 312 g/t Ag associated with gold grades up to 83.6 g/t Au.

"High-grade silver could benefit any potential future mining at Tolmer, and may indicate a potential source of high-grade blending feed for the neighbouring Tunkillia Gold Project, which also carries a significant silver credit.

"Near-surface lead anomalies also appear to be a useful drill targeting guide for gold and silver in the Tarcoola region. A follow up RC drilling program has commenced today at the Tolmer prospect."