Barton Gold

Barton Gold (ASX:BGD) is an Australian gold developer with 2.25Moz Au and 3.1Moz Ag JORC Resources and the only gold mill in South Australia’s renowned Central Gawler Craton. The company is targeting 150,000ozpa gold production through a staged, lower-cost and lower-dilution development strategy, leveraging its existing mill into ‘Stage 1’ operations. Its Tunkillia Gold Project anchors a medium-term growth and scale strategy, with over $2 billion in operating profit during the first two years underwriting a less than 0.5 year payback on A$399 million capex. Barton has also announced one of the world’s highest grade silver discoveries during 2025 at its ‘Tolmer’ prospect with grades up to 17,600 g/t Ag. Tolmer’s March 2025 discovery hole (6m @ 4,747g/t Ag from 46m depth) ranked 1st globally by grade during 2025 on all markets. Barton has recently completed over 70,000 metres of upgrade and development drilling across its asset portfolio, with multiple gold and silver JORC Resource upgrades pending. A DFS for Challenger and a PFS for Tunkillia are both underway, targeting completion during Q1 CY27. A recent video presentation can be viewed here: Presentation to RIU Sydney Resources Roundup, 6th May 2026

Management Profile:
Alex is the founder of Barton Gold and a financial economist with ~20 years’ experience in financial analysis, consulting, structured finance and mining advisory, investment and management. He was previously Managing Director of PARQ Capital Management and a Director with Lusona Capital where he focused on corporate advisory and principal investments in the natural resources sector, and before that an Executive in the Principal Investments Area of Barclays Capital. Alex is a graduate of Santa Clara University (BSc Finance Honours & BSc Economics Honours), the University of Oxford (MSc Financial Economics) and the University of Cambridge (MPhil Management).

What are your key goals for the next 3 months?:
1) Challenger & Tarcoola JORC Mineral Resources upgrade (gold)
2) Approval of Tunkillia environmental Scoping Report
3) Tunkillia JORC Mineral Resources upgrade (gold)

What are your key goals for the next 6 months?:
1) Tunkillia JORC Mineral Resources upgrade (silver)
2) Tolmer metallurical results (high-grade silver & gold)
3) Challenger underground feed Scoping Study (gold)

What are your key goals for the next 12 months?:
1) Challenger open pit / mill reinstatement DFS (gold)
2) Challenger FID for mill / open pit mining reinstatement (gold)
3) Tunkillia PFS (gold & silver)
4) Tunkillia Mining Lease application (gold & silver)
5) Tolmer maiden JORC Mineral Resource (high-grade silver & gold)
6) Tolmer Scoping Study (high-grade silver & gold)

What do you think makes your company such a compelling investment?:
Barton Gold is unique among its ' exploration peers' in several ways:
(1) It is the only pure-play South Australian gold developer on the ASX;
(2) Barton is actually an advanced asset manager with existing mines, properties and wholly-owned processing infrastructure which provides a low-cost / risk platform to commence operations, and
(3) Barton has developed its regional plaform on a very cost-efficient basis, protecting shareholders from excess equity dilution.