* Tables show the complete JORC MRE for each Project. Figures are subject to rounding, tonnages are dry-metric tonnes, and all Mineral Resources classified as ‘Inferred’ are approximate.
| Gold JORC Resources | Zone | Indicated | Inferred | TOTAL | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Project | MT | g/t Au | koz Au | MT | g/t Au | koz Au | MT | g/t Au | koz Au | |
| Tunkillia (100%)* | Area 223 Oxide | 0.73 | 1.09 | 26 | 0.53 | 0.72 | 12 | 1.26 | 0.93 | 38 |
| Area 223 Transitional | 3.13 | 1.07 | 108 | 3.70 | 0.77 | 92 | 6.83 | 0.91 | 200 | |
| Area 223 Fresh | 25.6 | 0.89 | 733 | 20.7 | 0.72 | 479 | 46.3 | 0.81 | 1,212 | |
| Area 51 Oxide | -- | -- | -- | 0.19 | 0.86 | 5 | 0.19 | 0.86 | 5 | |
| Area 51 Transitional | -- | -- | -- | 1.45 | 0.64 | 30 | 1.45 | 0.64 | 30 | |
| Area 51 Fresh | 1.11 | 0.80 | 29 | 5.81 | 0.53 | 99 | 6.92 | 0.57 | 128 | |
| Total Tunkillia | 30.6 | 0.91 | 896 | 32.4 | 0.69 | 717 | 62.9 | 0.80 | 1,612 | |
| Tarcoola (100%)* | Perseverance Mine Oxide | -- | -- | -- | 0.00 | 0.62 | -- | 0.00 | 0.62 | 0 |
| Perseverance Mine Transitional | 0.01 | 1.34 | 0 | 0.01 | 1.00 | 0 | 0.01 | 1.14 | 1 | |
| Perseverance Mine Fresh | 0.18 | 2.12 | 12 | 0.11 | 1.89 | 7 | 0.30 | 2.03 | 19 | |
| Stockpiles Oxide | -- | -- | -- | 0.17 | 1.20 | 7 | 0.17 | 1.20 | 7 | |
| Stockpiles Fresh | -- | -- | -- | 0.06 | 1.40 | 3 | 0.06 | 1.40 | 3 | |
| Total Tarcoola | 0.19 | 2.10 | 13 | 0.35 | 1.48 | 17 | 0.54 | 1.70 | 30 | |
| Challenger (100%)* | Challenger Main | 0.17 | 2.69 | 15 | 0.47 | 3.64 | 55 | 0.64 | 3.39 | 70 |
| Main U/G (1,000 - 900mRL) | -- | -- | -- | 0.17 | 3.98 | 22 | 0.17 | 3.98 | 22 | |
| Challenger West | -- | -- | -- | 0.03 | 10.6 | 12 | 0.03 | 10.6 | 12 | |
| SSW Deposit | -- | -- | -- | 0.40 | 0.95 | 12 | 0.40 | 0.95 | 12 | |
| TSF1 | 3.19 | 0.54 | 56 | -- | -- | -- | 3.19 | 0.54 | 56 | |
| TSF1 | 5.13 | 0.31 | 52 | -- | -- | -- | 5.13 | 0.31 | 52 | |
| Total Challenger | 8.49 | 0.45 | 123 | 1.07 | 2.92 | 100 | 9.56 | 0.72 | 223 | |
| Wudinna (100%)* | Barnes | 0.44 | 1.30 | 18 | 2.19 | 1.60 | 116 | 2.63 | 1.58 | 134 |
| White Tank | -- | -- | -- | 0.33 | 1.50 | 16 | 0.33 | 1.50 | 16 | |
| Baggy Green | -- | -- | -- | 2.12 | 1.4 | 96 | 2.12 | 1.4 | 96 | |
| Clarke | -- | -- | -- | 0.73 | 1.40 | 33 | 0.73 | 1.40 | 33 | |
| Total Wudinna | 0.44 | 1.27 | 18 | 5.37 | 1.51 | 261 | 5.81 | 1.50 | 279 | |
| TOTAL | 39.7 | 0.82 | 1,049 | 39.2 | 0.87 | 1,095 | 78.9 | 0.85 | 2,143 | |
| Silver JORC Resources | Zone | Indicated | Inferred | TOTAL | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Project | MT | g/t Ag | koz Ag | MT | g/t Ag | koz Ag | MT | g/t Ag | koz Ag | |
| Tunkillia (100%)* | Area 223 Oxide | -- | -- | -- | 1.24 | 1.10 | 40 | 1.24 | 1.10 | 40 |
| Area 223 Transitional | -- | -- | -- | 5.32 | 1.30 | 230 | 5.32 | 1.30 | 230 | |
| Area 223 Fresh | -- | -- | -- | 28.0 | 3.10 | 2,800 | 28.0 | 3.10 | 2,800 | |
| TOTAL | -- | -- | -- | 34.5 | 2.80 | 3,070 | 34.5 | 2.80 | 3,070 | |
Gold cut-off grades applied are:
Tunkillia
- 0.3 g/t Au (Area 223)
- 0.3 g/t Au (Area 51)
Tarcoola
- 0.5 g/t Au (Perseverance Pit)
- 0.4 g/t Au (Stockpiles)
Challenger
- 0.5 g/t Au (Main, West & SSW)
- 1.0 g/t Au (Main U/G)
- 0.0 g/t Au (TSF1 & TSF2)
Wudinna
- 0.5 g/t Au (all Deposits)
Silver is considered as a by-product and is reported as a subset of the reported gold MRE, and has only been reported where the block model reports >0.3g/t Au.
Silver resources are reported only as Inferred resources independent of the block model classification for gold. Mineral Resources are reported using a gold price of A$3,500 / ounce.
Competent Persons Statements
Competent Persons (Tarcoola)
The information in this presentation that relates to the estimate of open pit Mineral Resources for the Tarcoola Gold Project is based upon, and fairly represents, information and supporting documentation compiled by Mr Ian Taylor BSc (Hons). Mr Taylor is an employee of Mining Associates Pty Ltd and has acted as an independent consultant on Barton Gold’s Tarcoola Gold Project, South Australia. Mr Taylor is a Fellow and certified Professional of the Australian Institute of Mining and Metallurgy (FAusIMM (CP Geo) 110090) and has sufficient experience with the style of mineralisation, the deposit type under consideration and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (The JORC Code). Mr Taylor consents to the inclusion in this presentation of the matters based upon this information in the form and context in which it appears.
The information in this presentation that relates to the estimate of stockpile Mineral Resources for the Tarcoola Project is based upon, and fairly represents, information and supporting documentation compiled by Dr Andrew Fowler MAusIMM CP (Geo). Dr Fowler is an employee of Mining Plus Pty Ltd and has acted as an independent consultant on Barton Gold’s Tarcoola Project, South Australia. Dr Fowler is a Member of the Australian Institute of Mining and Metallurgy (AusIMM) and has sufficient experience with the style of mineralisation, the deposit type under consideration and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (The JORC Code). Dr Fowler consents to the inclusion in this presentation of the matters based upon this information in the form and context in which it appears.
Competent Person (Tunkillia)
The information in this presentation that relates to the estimate of Mineral Resources for the Tunkillia Project including drilling, sampling and geological interpretation is based upon, and fairly represents, information and supporting documentation compiled by Dr Andrew Fowler MAusIMM CP (Geo). Dr Fowler is an employee of Mining Plus Pty Ltd and has acted as an independent consultant on Barton Gold’s Tunkillia Project, South Australia. Dr Fowler is a Member of the Australian Institute of Mining and Metallurgy (AusIMM) and has sufficient experience with the style of mineralisation, the deposit type under consideration and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (The JORC Code). Dr Fowler consents to the inclusion in this presentation of the matters based upon this information in the form and context in which it appears.
Competent Person (Challenger)
The information in this announcement that relates to the new estimate of Mineral Resources for the Challenger Gold Project geological interpretation and resource estimates) is based upon, and fairly represents, information and supporting documentation compiled by Mr Ian Taylor BSc (Hons). Mr Taylor is an employee of Mining Associates Pty Ltd and has acted as an independent consultant on Barton Gold’s Challenger Gold Project, South Australia. Mr Taylor is a Fellow and certified Professional of the Australian Institute of Miningand Metallurgy (FAusIMM (CP Geo) 110090) and has sufficient experience with the style of mineralisation, the deposit type under consideration and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (The JORC Code). Mr Taylor consents to the inclusion in this presentation of the matters based upon this information in the form and context in which it appears.
Competent Persons (Wudinna)
The information in this announcement that relates to the estimation and reporting of the gold Mineral Resource estimates for the Barns, Baggy Green and White Tank Deposits has been compiled by Mrs Christine Standing BSc Hons (Geology), MSc (Min Econs), MAusIMM, MAIG. Mrs Standing is a Member of the Australian Institute of Geoscientists and the Australian Institute of Mining and Metallurgy and is a full-time employee of Snowden Optiro (Optiro Pty Ltd) and has acted as an independent consultant. The information in this announcement that relates to the estimation and reporting of the gold Mineral Resource estimate for Clarke has been compiled by Ms Justine Tracey BSc Hons (Geology), MSc (Geostatistics), MAusIMM. Ms Tracey is a Member of the Australian Institute of Geoscientists and is a full-time employee of Snowden Optiro (Optiro Pty Ltd) and has acted as an independent consultant.
Mrs Christine Standing and Ms Justine Tracey have sufficient experience with the style of mineralisation, deposit type under consideration and to the activities undertaken to qualify as Competent Persons as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code). Mrs Standing and Ms Tracey consent to the inclusion in this announcement of the contained technical information relating the Mineral Resource estimations in the form and context in which it appears.
