Barton Gold (BGD) Investor presentation summary

Strategic positioning and growth platform

• Controls 2.25 Moz gold resources in South Australia, aiming to consolidate the region and develop large-scale production using a hub-and-spoke model targeting ~150kozpa Au.

• Owns the region's only gold mill, providing strategic leverage and a low-cost pathway to production.

• Fully permitted infrastructure and strong funding position, with $32 million cash and no debt.

• Listed on ASX, OTCQB, and Frankfurt, with a closely held register and institutional backing.

Project pipeline and operational milestones

• Stage 1: Restart Central Gawler Mill (CGM) with 313koz Au resources, targeting low-risk production from high-grade tailings and select open pit materials.

• Stage 2: Develop Tunkillia Project with 1.6Moz Au and 3.1Moz Ag resources, aiming for 121kozpa Au and 259kozpa Ag over 8 years, rapid payback, and competitive AISC.

• Wudinna Project offers 279koz Au with shallow, high-recovery mineralisation and multiple untested targets.

• Tarcoola Project features historical high-grade gold, new discoveries at Tolmer with world-leading silver grades, and ongoing exploration.

Exploration and resource growth

• Advancing resource upgrades and feasibility studies at CGM and Tunkillia, with ~50,000m drilling underway.

• Tolmer Prospect at Tarcoola has delivered silver up to 17,600g/t and gold up to 83.6g/t, with a 1.5km mineralised footprint and ongoing extension drilling.

• Soil anomalies and follow-up drilling indicate further resource upside at Tolmer.