Learn more

Barton Gold (ASX:BGD) has released its scoping study for its Tunkillia Gold Project (TGP), the results of which it described at positive on Tuesday. The company predicts a $374M CapEx burden – “before owner costs, pre-strip and contingencies” – compared to an ‘initial net present value’ of $512M on a 40% IRR and 1.9 year payback on a pre-tax basis. The company expects a 6.4Y life of mine (LOM) and 8Y project life including construction with the capacity to process 30.7Mt of ore for total payable metal of 833Koz gold. The company has far more silver, at 1,993Koz. The company expects to make 130…

cuu