Tolmer Silver Zone Yields 17,600 g/t Ag: Barton Gold Moves Fast
Barton Gold Holdings has fast-tracked follow-up drilling at its Tolmer silver discovery in South Australia, following exceptional high-grade silver results that rank among the world’s best. The company aims to rapidly define this promising new zone.
- Expedited drilling at Tolmer silver zone within Tarcoola Gold Project
- Three globally significant high-grade silver assays from initial drilling
- Exceptional grades including 1m at 17,600 g/t silver
- Bullion Drilling contracted to commence follow-up drilling imminently
- Discovery notable for unusually high silver grades in Australia
A Breakthrough at Tolmer
Barton Gold Holdings Limited (ASX: BGD) has announced an accelerated drilling program at its Tolmer silver zone, part of the broader Tarcoola Gold Project in South Australia. This move follows the release of initial drilling results that revealed three exceptionally high-grade silver intercepts, including a standout 1-metre interval grading 17,600 grams per tonne (g/t) silver. Such grades are rare not only in Australia but on a global scale, positioning Tolmer as a potentially significant silver discovery.
From Discovery to Delineation
The original discovery comprised a single line of seven drill holes, with three returning these remarkable silver assays. Barton’s Managing Director, Alexander Scanlon, emphasized the company’s urgency in following up, noting the assays’ inclusion in various global top 10 rankings for silver grades. The decision to expedite drilling reflects confidence in the zone’s potential and a desire to quickly map its extent and continuity.
Bullion Drilling has been engaged to undertake the follow-up program, which is scheduled to commence imminently. The accelerated timeline underscores Barton’s commitment to advancing the project and unlocking value from this new high-grade silver zone.
Strategic Context and Infrastructure
Barton Gold is an established Australian gold developer with a substantial resource base, including 1.7 million ounces of gold and 3.1 million ounces of silver under JORC Mineral Resources. The Tarcoola Gold Project benefits from existing infrastructure, including the region’s only gold processing plant, which could facilitate efficient development of any new discoveries.
The Tolmer silver zone discovery adds a compelling new dimension to Barton’s portfolio, potentially enhancing the economics of the Tarcoola project. While the initial results are promising, the company has yet to provide updated resource estimates or production guidance, pending the outcome of the upcoming drilling campaign.
Looking Ahead
As Barton Gold moves swiftly to delineate the Tolmer silver zone, the market will be watching closely for further assay results and any indications of the zone’s size and grade continuity. The discovery’s exceptional grades have already attracted attention, but its true value will depend on how extensive and economically viable the deposit proves to be.
Bottom Line?
Barton Gold’s rapid response to its Tolmer silver discovery sets the stage for a potentially transformative chapter in its South Australian operations.
Questions in the middle?
- How extensive is the Tolmer silver zone beyond the initial discovery line?
- What impact will the new silver zone have on Barton Gold’s overall resource and production plans?
- Could the high-grade silver discovery attract new investment or partnerships for Barton Gold?
