Announcement • Jun 10
Barton Gold Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 25.9 million. Barton Gold Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 25.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,470,588
Price\Range: AUD 0.85
Discount Per Security: AUD 0.02125
Transaction Features: Subsequent Direct Listing Board Change • Jun 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ken Williams was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 01
Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 25.5 million. Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 25.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.85
Discount Per Security: AUD 0.02125
Transaction Features: Subsequent Direct Listing Recent Insider Transactions • May 26
MD, CEO & Executive Director recently bought €119k worth of stock On the 22nd of May, Alexander Scanlon bought around 210k shares on-market at roughly €0.57 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Alexander has been a buyer over the last 12 months, purchasing a net total of €137k worth in shares. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ken Williams was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 22
Barton Gold Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 15 million. Barton Gold Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,000,000
Price\Range: AUD 1.25
Discount Per Security: AUD 0.0125
Transaction Features: Subsequent Direct Listing Announcement • Sep 16
Barton Gold Holdings Limited, Annual General Meeting, Nov 26, 2025 Barton Gold Holdings Limited, Annual General Meeting, Nov 26, 2025. Location: hilton adelaide, balcony room 4, 233 victoria square, adelaide sa 5000 Australia Announcement • Jul 25
Barton Gold Holdings Limited (ASX:BGD) completed the acquisition of Wudinna Gold Project of Cobra Resources plc. Barton Gold Holdings Limited (ASX:BGD) agreed to acquire Wudinna Gold Project of Cobra Resources plc for AUD 15.09 million on June 30, 2025. A cash consideration of AUD 0.5 million will be paid by Barton Gold Holdings Limited. The consideration consists of 6.41 million common equity of Barton Gold Holdings Limited to be issued for assets of Wudinna Gold Project. Barton Gold Holdings Limited will pay an earnout/contingent payment of AUD 2 million common equity and of AUD 7.5 million cash. As part of consideration, AUD 15.09 million is paid towards assets of Wudinna Gold Project.
The transaction is subject to approval of offer by target shareholders and subject to the transfer of the sale assets to a Cobra Resources plc ‘NewCo’, and the transfer of all ‘NewCo’ shares to Barton Gold Holdings Limited, Barton Gold Holdings Limited will become legal owner of all sale assets and NewCo. Barton Gold Holdings Limited has completed confirmatory due diligence on the sale assets, with all key considerations factored into the transaction structure. Barton Gold Holdings Limited will acquire all other minerals rights other than the reserved minerals over the area of ELA 2024/0032, and will also, subject to ministerial approval, acquire portions ‘A’ and ‘B’ of EL 6806. As of July 2, 2025, Barton Gold Holdings Limited will pay to Cobra Resources plc a non-refundable deposit of AUD 0.5 million cash, with further consideration subject to completion and final settlement.
Cobra Resources plc has issued a notice of general meeting for July 24, 2025, for Cobra Resources plc shareholders to vote upon the proposed transaction. As outlined in the notice, all cobra Resources plc directors, along with certain shareholders, have provided irrevocable undertakings to vote in favor of the transaction totaling 39.38%. The results of the general meeting will be announced to the market following its conclusion. On July 24, 2025, resolution was duly passed and approved in the general meeting of Cobra Resources plc.
Barton Gold Holdings Limited (ASX:BGD) completed the acquisition of Wudinna Gold Project of Cobra Resources plc on July 25, 2025. Announcement • Jun 03
Barton Gold Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 3.000005 million. Barton Gold Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 3.000005 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,285,722
Price\Range: AUD 0.7
Transaction Features: Subsequent Direct Listing Announcement • May 27
Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 3.000011 million. Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 3.000011 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,285,730
Price\Range: AUD 0.7
Transaction Features: Subsequent Direct Listing Announcement • Dec 12
Barton Gold Holdings Limited Confirms 5,064M Rc Drilling Metres Have Been Completed At the Tunkillia Gold Project Barton Gold Holdings Limited confirmed that 5,064m RC drilling metres have been completed at the Tunkillia Gold Project. During the past 6 months, Barton has grown Tunkillia to a 1.5Moz Au JORC MRE and published an Initial Scoping Study for ~130 kozpa gold production with an all-in sustaining cost of ~AUD 1,917/oz Au, a 40% equity internal rate of return, and a 1.9 year payback period. 1 New Tunkillia drilling has targeted parallel lodes and depth extensions in areas where gold mineralisation has previously been intersected but not yet included in the MRE. Barton is targeting Tunkillia MRE growth and an increase in the overall project economics and life of mine through optimisation of key cost drivers. Announcement • Nov 19
Barton Gold Holdings Limited Confirms RC Growth Drilling Commenced at its South Australian Tunkillia Gold Project Barton Gold Holdings Limited confirmed that RC growth drilling has commenced at its South Australian Tunkillia Gold Project (Tunkillia). In March 2024 Barton published an updated 1.5Moz Au Tunkillia JORC Mineral Resources Estimate (MRE), followed by an initial Scoping Study (July 2024) outlining competitive production of ~130kozpa gold with an all-in sustaining cost (AISC) of ~A$1,917/oz Au, a 40% equity internal rate of return (Equity IRR), and a 1.9 year payback driven by a higher-grade ‘Starter pit' producing ~180koz Au during the first ~18 months. An optimisation review is now underway targeting key cost drivers. The RC drilling is targeting extensions on lodes parallel to, and depth extensions of, the July 2024 optimised pit design in areas where gold mineralisation has been intersected in prior drilling but not yet included in the MRE block model. Review of the March 2024 MRE block model in conjunction with the July 2024 initial Scoping Study has identified two key ‘near mine' opportunities for expansion of the open pit design and mine life, being: areas just below the July 2024 optimised open pit, where drilling intersected mineralisation which is excluded from the MRE block model due to an insufficient number of data points; and areas adjacent to the March 2024 MRE block model and the July 2024 optimised open pit, where areas of known mineralisation may similarly be excluded from the MRE block model.These represent an opportunity to add further ounces to the MRE block model, optimise the open pit design, and add new bulk efficient mineralisation tonnes into the life of mine (LoM) schedule. Announcement • Nov 08
Barton Gold Holdings Limited Announces Follow Up Aircore Drilling Starts At New Tolmer Gold System Barton Gold Holdings Limited confirmed that its regional AC drilling program has moved to the Company's South Australian Tarcoola Gold Project (Tarcoola), targeting the new ‘Tolmer' gold system recently confirmed by high-grade assays. During March to July 2024 Barton completed a total approximately 11,250m reverse circulation drilling across targets from its latest Tarcoola structural interpretations, including the Perseverance open pit mine and targets to the west. Following this drilling, Barton confirmed a JORC Mineral Resources Estimate (MRE) of approximately 20koz Au @ approximately 2 g/t Au in the Perseverance Mine's open pit floor. Drilling also intersected gold mineralisation across neighbouring targets including School, Old Flame, Warburton, with new high-grade assay results confirming a newly interpreted gold mineralised system at Tolmer comprised of quartz sulphide veining hosted within broader zones of alteration. An initial approximately 2,000m drilling program is planned to test the potential strike of Tolmer alteration zone(s) in the vicinity of recent high grade assay results including intervals of 4m @ 24.6 g/t, 9m @ 3.92 g/t, 14m @ 1.41 g/t and 5m @ 3.15 g/t. Recent Insider Transactions • Nov 02
Independent Non-Executive Chairman recently bought €58k worth of stock On the 30th of October, Kenneth Williams bought around 330k shares on-market at roughly €0.18 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Kenneth's only on-market trade for the last 12 months. Announcement • Oct 02
Barton Gold Holdings Limited Announces High Grade Tarcoola Assays Confirm Additional Open Pit Gold Barton Gold Holdings Limited announced to confirm further high-grade open pit Perseverance Mine assays at the Tarcoola Gold Project. Following the definition of a shallow new JORC MRE of 20koz @ 2 g/t Au in the Perseverance Mine's open pit floor, Barton completed another 10 holes (882m) of follow up drilling during July 2024. Assay results have confirmed another pit floor gold zone to the east of the July 2024 MRE block model. Drilling has focused on testing shallow zones of the pit floor suspected to host further gold mineralisation, with the goal to infill and extend the July 2024 MRE block models and convert additional JORC Resources. The new mineralisation encountered in this drilling is shallow (within 10-100m of the pit floor) and located east of the July 2024 MRE block model mineralisation. New Risk • Sep 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$6.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.7m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$794k revenue, or US$546k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$10m net loss in 3 years). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€33.6m market cap, or US$37.6m). New Risk • Sep 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (AU$468k revenue, or US$319k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$10.0m net loss in 3 years). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€32.7m market cap, or US$36.5m). Announcement • Jul 25
Barton Gold Holdings Limited Announces Further Open Pit Drilling Wraps Up 10,000M Tarcoola Program Barton Gold Holdings Limited confirmed that its drilling program testing multiple targets near the Tarcoola Gold Project's (Tarcoola) Perseverance open pit mine is now complete, with 9,052m RC drilling completed across 44 days' drilling. Following the recent new JORC (2012) Mineral Resource Estimate (MRE) totaling 20koz Au @ 2 g/t Au in the Perseverance pit floor, Barton has also completed another 10 holes totaling 882m RC drilling targeting other shallow open pit mineralisation with potential for conversion into an expanded open pit MRE. Announcement • Jul 16
Barton Gold Holdings Limited Announces Results of an Initial Scoping Study for Its Tunkillia Gold Project Barton Gold Holdings Limited announced the results of an initial scoping study for its Tunkillia Gold Project (Tunkillia) (Scoping Study). The Scoping Study referred to in this announcement has been undertaken by Barton as a preliminary assessment of Barton's Tunkillia project for prospective development on a large-scale, 5 million tonne per annum model, and to identify key drivers of value and opportunities for subsequent optimisation. The Scoping Study is a preliminary technical and economic study of Tunkillia's potential viability. It is based on low level technical and economic assessments insufficient to support the estimation of Ore Reserves. Further exploration and evaluation work and appropriate studies are required before Barton will be in a position to estimate any Ore Reserves or to provide any assurance of an economic development case. This announcement has been prepared in compliance with the JORC Code 2012 Edition (JORC) and the ASX Listing Rules. All material assumptions on which the forecast financial information is based have been provided in this announcement and are also outlined in the annexed JORC table disclosures. The capital cost estimate for the process plant and associated infrastructure has been prepared by GR Engineering Services Limited with a nominal accuracy of ±35%, with mining costs estimated by Mining Associates Pty Ltd. at a scoping study level of accuracy from first principles on a bench-by-bench basis. Production is based on Tunkillia's JORC Mineral Resources Estimate (MRE). The JORC MRE underpinning the production target have been prepared by a competent person in accordance with JORC, with 66% of materials classified ‘Indicated' and 34% ‘Inferred'. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised. 74% of the JORC Mineral Resources scheduled during the first five (5) years of the production target are classified as Indicated. Given a projected 1.9 year payback period (from start of production), Barton considers that Tunkillia's financial viability does not depend upon inclusion of Inferred Resources, and therefore that a reasonable basis exists for disclosing a production target including Inferred Resources. Barton acquired Tunkillia in December 2019 with the view that the project had significant growth potential due to limited historical exploration during periods of lower gold prices. During the 3.5 year period from October 2020 to March 2024, Barton completed multiple rounds of reverse circulation (RC) and diamond (DD) drilling, identified several extensions and new gold zones, and delivered four JORC MRE updates. Following Tunkillia's latest JORC MRE upgrade to 1.5Moz Au (51.3Mt @ 0.91 g/t Au) in March 2024, Barton commissioned GR Engineering Services Limited (GRES) and Mining Associates Pty Ltd. (Mining Associates) to lead a scoping study for Tunkillia's development on a 5 million tonne per annum (Mtpa) model.[3] The Scoping Study is a preliminary technical and economic assessment of Tunkillia's prospective viability for potential development on a large-scale, bulk open pit basis, the primary objectives of which include to: evaluate indicative capital costs, operating costs and mine design optimisation on a 5Mtpa basis; validate prospective economies of scale and identify key drivers of cost and value; and identify key opportunities for subsequent optimisation and growth. The Scoping Study has evaluated Tunkillia on a ‘standalone' basis, with the process plant and associated process infrastructure delivered via an EPC contract and mining performed by a third-party contractor. Announcement • Jul 03
Barton Gold Holdings Limited Confirms an Updated Mineral Resources Estimate for its South Australian Tarcoola Gold Project Barton Gold Holdings Limited confirmed an updated Mineral Resources Estimate for its South Australian Tarcoola Gold Project (Tarcoola). Approximately 1,688m of recent Barton drilling has delivered an updated JORC (2012) Mineral Resources Estimate (MRE) of 19.9koz Au within 60 - 80m of the Perseverance Mine open pit floor. The total Tarcoola MRE is now 29.5koz Au (0.54Mt @ 1.70 g/t Au), with ~45% classified as ‘Indicated' category, including 9.6koz Au contained in lower-grade existing stockpiles next to the Perseverance Mine. The historical Tarcoola Goldfield produced ~77koz Au at an average grade of ~37.5 g/t during 1893 - 1955 from shallow workings on Barton's Mining Lease 6455, and a small open pit mine (Perseverance) produced ore grading 2 - 4 g/t Au to Barton's Central Gawler Mill during 2016 - 2018. Notwithstanding this ~130 year history, relatively little has been historically invested to evaluate the goldfield's architecture or locating prospective ‘repeats' of shallow, high-grade mineralisation in the surrounding area. Barton's regional development strategy is to establish large-scale, bulk open pit mineralisation combined with nearby higher-grade blending feed to realise the benefits of economies of scale, and to potentially support an early ‘Stage 1' operation leveraging the existing Central Gawler Mill to process these materials. The company has rapidly grown the neighbouring Tunkillia Gold Project (Tunkillia) to a JORC MRE of 1.5Moz Au (51.3Mt @ 0.91 g/t Au) over the past two years. A preliminary Scoping Study is now underway to test a prospective 5Mtpa processing model, and to identify key cost drivers for subsequent optimisation. Announcement • Jun 24
Barton Gold Holdings Limited Appoints Nicola Frazer as Chief Financial Officer Barton Gold Holdings Limited announced the appointment of Ms Nicola Frazer as Chief Financial Officer (CFO), effective June 23, 2024. Nicola is a Chartered Accountant (CA) with over 25 years' corporate finance, accounting, investor relations, commercial development and grant funding experience in South Australia's mining and oil & gas sectors. Nicola joins Barton as it moves into early analyses, financial optimisation and development planning for its large-scale Tunkillia Gold Project (Tunkillia), where initial Scoping Studies are currently underway. From 1998 to 2007 Nicola was a Manager of Business Development and Investor Relations for Normandy Mining (subsequently Newmont Australia), from 2009 to 2020 a Senior Commercial Advisor at Beach Energy and most recently an Associate Director with KPMG's Government Incentives and Grants where she focused on securing non-dilutive State and Federal Government funding incentives for South Australian commercialisation and development initiatives. Based in Adelaide, Nicola will play a key role in Barton's corporate and project-level development initiatives and financing strategies as the Company leads the development of a new large-scale gold industry in the central Gawler Craton. Announcement • Jun 15
Barton Gold Holdings Limited Announces Commencement of Detailed Scoping Study for the Tunkillia Gold Project Barton Gold Holdings Limited announced scoping studies have commenced for the Tunkillia Gold Project. During March Tunkillia's JORC (2012) Mineral Resource Estimate grew to 1.5Moz Au (51.3Mt @ 0.91 g/t Au)). Barton has appointed GR Engineering Services Limited (GRES) and Mining Associates Pty Ltd. (Mining Associates) to lead a detailed scoping study for Tunkillia including mine design, production scheduling, process plant, tailings storage, equipment, personnel and supporting infrastructure. Following completion of the Scoping Study, Barton will also complete a review of all technical data to determine the forward work program necessary to complete a pre-feasibility study (PFS Gap Analysis). The launch of Tunkillia Scoping Studies follows the completion of Barton's recent share placement to institutional investors (Placement) and Share Purchase Plan (SPP). The Placement and SPP were both strong supported by the Company's institutional, sophisticated and retail shareholders, with applications significantly exceeding the targeted raise amounts and final SPP allocations yet to be determined. Recent Insider Transactions • Apr 05
Insider recently sold €306k worth of stock On the 4th of April, Neil Rose sold around 2m shares on-market at roughly €0.18 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months. Announcement • Mar 28
Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million. Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,500,000
Price\Range: AUD 0.24
Transaction Features: Subsequent Direct Listing Announcement • Mar 27
Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Barton Gold Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,166,667
Price\Range: AUD 0.24 New Risk • Mar 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.8m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 10% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Significant insider selling over the past 3 months (€836k sold). Market cap is less than US$100m (€30.6m market cap, or US$33.3m). Recent Insider Transactions • Feb 04
Insider recently sold €279k worth of stock On the 1st of February, Alison Auld sold around 2m shares on-market at roughly €0.15 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €533k more than they bought in the last 12 months. Recent Insider Transactions • Oct 26
Insider recently sold €80k worth of stock On the 20th of October, Neil Rose sold around 576k shares on-market at roughly €0.14 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €53k more than they bought in the last 12 months. New Risk • Oct 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Revenue has declined by 51% over the past year. Revenue is less than US$1m (AU$491k revenue, or US$316k). Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (€27.3m market cap, or US$28.9m). Announcement • Sep 26
Barton Gold Holdings Limited, Annual General Meeting, Oct 25, 2023 Barton Gold Holdings Limited, Annual General Meeting, Oct 25, 2023, at 11:01 AUS Central Standard Time. Location: Hilton Adelaide,Suite 3 233 Victoria Square Adelaide South Australia Australia Agenda: To consider the Annual Report of the Company and its controlled entities for the financial period ended 30 June 2023, which includes the Financial Report, the Directors' Report, and the Auditor's Report; to consider adoption of remuneration report; to consider re-election of director Mr. Christian Paech; to consider ratification of prior issue of 174,670 shares to red cloud under ASX listing rule 7.1; to consider ratification of prior issue of 14,000,000 placement shares under ASX listing rule 7.1; and to consider other business issues. New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$1.0m revenue, or US$637k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (€25.0m market cap, or US$26.8m). Announcement • Aug 31
Barton Gold Holdings Limited Announce Further Mineral Resources Growth Drilling Program at the Tunkillia Gold Project Barton Gold Holdings Limited announce a further Mineral Resources growth drilling program at the Tunkillia Gold Project (Tunkillia). During April 2023 Barton announced an updated 1.15Moz Au (38Mt @ 0.94 g/t Au) JORC Mineral Resource Estimate (MRE) for the 223 Deposit at Tunkillia, adding 189,000oz Au at an all-in cost of AUD approximately $12 /ounce. For the current program Barton has contracted Egan Drilling, who have a track mounted rig capable of easily accessing sandy terrain for improved access to areas of potential Resources extension. The drill rig has been mobilised and is expected to arrive on site at Tunkillia shortly for the start of drilling. An initial program of approximately 7,500 metres is planned to test potential northern and southern extensions of the 223 Deposit's April 2023 block model, and areas with potential to increase thickness and/or grade. The program is expected to help inform a further updated MRE for Tunkillia, which has seen its total mineralised footprint grow significantly under Barton's ownership with three new satellite gold zones confirmed since November 2021 (Areas 223N, 191 and 51). Following the initial approximately 7,500 metre program, the rig will then continue to drilling programs targeting potential conversion of local satellite zones to new JORC Mineral Resources. Barton also expects to test priority discovery targets along strike of the 223 Deposit, where the Company hopes to further build the Tunkillia's overall project footprint and its potential long-term development profile. Announcement • Aug 16
Barton Gold Holdings Limited, Annual General Meeting, Oct 25, 2024 Barton Gold Holdings Limited, Annual General Meeting, Oct 25, 2024, at 08:30 W. Australia Standard Time. Location: Hilton Adelaide,Suite 3, 233 Victoria Square,Adelaide SA 5000 Adelaide Australia Announcement • Jul 13
Marmota to Commence Supreme Court Proceedings Against Barton Gold Holdings Ltd Marmota Limited and its wholly owned subsidiary, Half Moon Pty Ltd. advised that it has issued a pre-action claim pursuant to Rule 61.7 of the Uniform Civil Court Rules 2020 (SA) giving formal notice of the intent to commence proceedings in the Supreme Court of South Australia against Barton Gold Holdings Ltd. and Barton's wholly owned subsidiary Challenger 2 Pty Ltd. (`Challenger 2'). Half Moon is the Manager and majority partner (78.84%) in the Western Gawler Craton Joint Venture (`WGCJV'). The WGCJV has existed since 2010 and includes the Sandstone JV which has existed since 1995. As of 31 March 2023, more than $9.5 million has been contributed by the relevant parties to the WGCJV, and which has already given rise to the discovery of 6 gold deposits with confirmed gold JORC resources. The percentage ownership of the WGCJV and respective contributions are as follows: Half Moon: 78.84%, contribution to 31 March 2023 of: $7,527,046 Challenger 2: 21.16%, contribution to 31 March 2023 of: $2,020,530 On 6 April 2022, Barton and Challenger 2 were issued with a formal Notice of Default and Demand for Remedy by the Manager of the WGCJV. Barton and Challenger 2 failed or otherwise refused to remedy the default. On 8 August 2022, Barton and Challenger 2 (the defaulting party) were issued with a formal notice by the Manager classifying the defaulting party as a Noncomplying Party, pursuant to clause 12.5 of the WGCJV Agreement. Barton and Challenger 2 have failed or otherwise refused to remedy the default. Announcement • Jun 30
Barton Gold Holdings Limited Announces Retirement of Neil Rose as Non-Executive Director Barton Gold Holdings Limited announced that Mr. Neil Rose will retire as a non-executive director, effective 30 June 2023 to pursue his other business initiatives. Mr. Rose was a founding director of the company and was appointed to the board on 14 May 2019. His tenure as Director has seen the company through the acquisition and expansion of its strategic ground and infrastructure position in South Australia, the completion of the company's initial public offering (IPO) on 28 June 2021, and its considerable outperformance of the company's IPO budget. New Risk • Jun 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (AU$1.0m revenue, or US$663k). Minor Risks Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Market cap is less than US$100m (€31.3m market cap, or US$34.1m). Announcement • Jun 15
Barton Gold Holdings Limited Announces Progress Towards Its Development Platform of 1.3M oz Gol Barton Gold Holdings Ltd. announced progress towards its development platform of 1.3M oz Gold. Processing has begun on the second 4.5 tonne cleanout of the Central Gawler Mill averaging 3 g/t for AUD 1.1 million of gold. 