Growth Drilling Begins at Tunkillia Gold Project
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Barton Gold Holdings Limited has commenced reverse circulation drilling at its Tunkillia Gold Project in South Australia. The project aims to optimize key cost drivers and enhance production efficiency, following a Scoping Study that projected competitive gold production and a strong internal rate of return.
November 19, 2024 | 12:30 am
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Barton Gold Holdings has initiated growth drilling at its Tunkillia Gold Project, aiming to optimize production and reduce costs. The project is expected to yield a strong internal rate of return.
The commencement of growth drilling at the Tunkillia Gold Project is a positive development for Barton Gold Holdings. The project has already shown promising financial metrics, including a 40% IRR and a quick payback period. The optimization efforts could further enhance these metrics, potentially boosting investor confidence and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100