Report

Barton Gold - Special by name, special by nature

The publication of the results of its initial scoping study on the Tunkillia project on 16 July puts Barton well on the road to executing its three-phase development strategy to achieve c 150,000oz gold production. The study posited a 5Mtpa bulk open-pit mine operating over 6.4 years to process 30.7Mt of material at an average grade of 0.93g/t Au to generate a pre-tax NPV7.5 of A$512m and an internal rate of return (IRR) of 40% at a gold price of A$3,500/oz, an average all-in sustaining cost of A$1,917/oz and an initial capital cost of A$374m. Barton is now advancing an optimisation review targeting further cost savings and mine life growth.
Underlying
BARTON GOLD HLDGS LTD

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Alison Turner

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