Follow Up Aircore Drilling Starts at New Tolmer Gold System

HIGHLIGHTS

• ~8,500m aircore (AC) drilling completed to date at Tarcoola's Lake Labyrinth Shear Zone (LLSZ)

• Start of Tolmer drilling follows recent high-grade assays confirming new Tolmer gold system¹

Fig 1 - Tolmer plan map with previous drilling, recent high-grade assays & target AC drill collars¹

Barton Gold Holdings Limited (ASX:BGD, FRA:BGD3, OTCQB:BGDFF) (Barton or Company) is pleased to confirm that its regional AC drilling program has moved to the Company's South Australian Tarcoola Gold Project (Tarcoola), targeting the new ‘Tolmer' gold system recently confirmed by high-grade assays.¹

Commenting on the Tolmer aircore drilling program, Barton MD Alexander Scanlon said:

"We are steadily mapping out the commercial pathway for potential ‘Stage 1' Tarcoola operations using our fully permitted Central Gawler Mill, followed by ‘Stage 2' expansion into the adjacent 130,000ozpa Tunkillia Gold Project with the construction of a second mill. As each of these commercial platforms offers greater value to new regional mineralisation, we remain focused on unlocking the scale potential of our strategic asset package."

Background

During March to July 2024 Barton completed a total ~11,250m reverse circulation (RC) drilling across targets from its latest Tarcoola structural interpretations, including the Perseverance open pit mine and targets to the west.² Following this drilling, Barton confirmed a JORC Mineral Resources Estimate (MRE) of ~20koz Au @ ~2 g/t Au in the Perseverance Mine's open pit floor.³

Drilling also intersected gold mineralisation across neighbouring targets including School, Old Flame, Warburton, with new high-grade assay results confirming a newly interpreted gold mineralised system at Tolmer comprised of quartz sulphide veining hosted within broader zones of alteration.⁴

An initial ~2,000m drilling program is planned to test the potential strike of Tolmer alteration zone(s) in the vicinity of recent high grade assay results including intervals of 4m @ 24.6 g/t, 9m @ 3.92 g/t, 14m @ 1.41 g/t and 5m @ 3.15 g/t.⁴

^{1 Refer to ASX announcement dated 27 August 2024
2 Refer to ASX announcements dated 8 / 22 April and 3 / 25 July 2024
3 Refer to ASX announcement dated 3 July 2024
4 Refer to ASX announcement dated 27 August 2024}

Authorised by the Managing Director of Barton Gold Holdings Limited.

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About Barton Gold

Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000oz annually, with ~1.6Moz Au JORC Mineral Resources (52.3Mt @ 0.94 g/t Au), multiple advanced exploration projects and brownfield mines, and 100% ownership of the only regional gold mill in the renowned central Gawler Craton of South Australia.*