Barton Gold (BGD) RIU Explorers Conference 2026 summary

Strategic platform, consolidation, and direction

• Consolidated a high-grade gold district in South Australia, acquiring key exploration and production assets, including the only regional mill.

• Advancing a hub-and-spoke model for gold production, targeting 150,000 ounces per annum through staged development at Central Gawler Mill (CGM) and Tunkillia.

• Consolidation strategy includes M&A, recent acquisition of Wudinna Gold Project (279koz Au), and ongoing exploration at Tolmer.

• Completed the first five-year phase, now positioned for near-term production, medium-term expansion, and long-term growth.

• Dual production platforms are being advanced with a focus on de-risked pathways to producer status.

Project development and operational milestones

• Central Gawler Mill is fully permitted, with 600,000 tpa throughput, 313koz Au resources, and refurbishment estimated at AUD 26–30 million.

• TSF1 tailings reprocessing offers early cashflow, with recoveries up to 80% using high-efficiency grinding.

• Tunkillia Project expanded to 1.6Moz Au and 3.1Moz Ag, with a 5 Mtpa plant planned to produce 121,000 oz gold and 259,000 oz silver annually.

• Tunkillia’s Starter Pit expected to deliver 180,000 oz gold in year one, generating AUD 825 million cash in 13 months and rapid capex payback.

• Resource upgrade drilling, PFS, and Mining Lease application for Tunkillia targeted for completion by end of year.

Exploration highlights and resource growth

• Tolmer prospect at Tarcoola yielded high-grade gold (up to 83.6g/t Au) and world-leading silver intersections (up to 17,600g/t Ag).

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

• Tarcoola’s historical goldfield and new discoveries support blending feed for CGM and Tunkillia.

• Ongoing drilling and structural analysis at Tolmer to define further opportunities, with silver as a potential accessory income stream.

• 60,000 meters of drilling planned over the next five months, supporting a strong pipeline of news and growth.