Central Gawler Mill

Barton Gold has commenced a Definitive Feasibility Study for Stage 1 production at its Challenger Gold Project in South Australia. The project leverages the fully permitted Central Gawler Mill and boasts a JORC Mineral Resource Estimate of 313koz Au, including 194koz Au of high-grade fresh ore. The company plans a two-phase approach involving tailings reprocessing followed by high-grade ore introduction. DFS completion and commissioning are targeted by March and the end of 2026, respectively. However, production isn’t expected until late 2026 and financing is still under discussion.

Barton Gold (BGDFF) plans to reinstate its Central Gawler Mill for A$26M (±30%), targeting a late 2026 production start. This refurbishment offers cost advantages over building a new mill, with processing costs estimated at A$44.50/tonne. The company aims to complete feasibility studies by end of 2025. While financing isn’t secured, existing infrastructure provides more options. A key benefit is the option to defer capital expenditure by initially reprocessing tailings.