Barton Gold Holdings (ASX: BGD), also listed on the OTCQB as BGDFF, is progressing its South Australian precious metals strategy, highlighted by the completion of an expedited soil geochemistry program at the Tolmer high-grade silver discovery within the Tarcoola gold project. Barton Gold focuses on the exploration and development of gold projects in South Australia. The company aims to build a portfolio of assets, capitalising on the region’s geological potential and establishing a sustainable resource base.
The company collected 380 samples from Tolmer across approximately 1.9 square kilometres and anticipates receiving assay results in September. This program surrounds the 2,882-metre reverse circulation drilling program completed at Tolmer in June 2025, designed to test mineralisation extensions. According to Managing Director Alexander Scanlon, the company expanded drilling by around 50% to cover a larger area based on surface reconnaissance to identify a potentially larger mineralised footprint.
Tolmer was initially identified as a high-grade gold discovery in August 2024, with subsequent drilling revealing a significant new silver zone of approximately 500m. The drilling program returned results such as 6m at 4,747 grams per tonne silver from 46m, 14m at 434 g/t silver from 46m, and 4m at 1,417 g/t silver from 9m. The company used this program to collect more data on the area while maintaining its drilling schedule.
Additionally, Cobra Resources has scheduled a special meeting on 24 July to vote on Barton’s proposal to acquire the 279,000-ounce Wudinna gold project in South Australia. Barton Gold has reported receiving strong early support for the proposed acquisition. Mr. Scanlon noted the positive feedback from both Cobra and Barton shareholders and emphasised the optionality Wudinna offers to their regional strategies.
