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The latest update is out from Barton Gold Holdings Limited ( (AU:BGD) ).
Barton Gold Holdings Limited has commenced geotechnical drilling at its South Australian Challenger Gold Project as part of a Definitive Feasibility Study for Stage 1 production. This drilling program, which includes sonic drilling, Cone Penetration Testing, and push tube density testing, will inform the design, scheduling, and cost estimation of the mine. The company is financially backed by a $15 million placement led by Franklin Templeton and is advancing towards restarting operations at its Central Gawler Mill, aiming to leverage its fully permitted facilities for growth and production.
The most recent analyst rating on (AU:BGD) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Barton Gold Holdings Limited stock, see the AU:BGD Stock Forecast page.
More about Barton Gold Holdings Limited
Barton Gold Holdings Limited is a company in the gold mining industry, focusing on gold production and exploration. Its primary operations are centered around the Challenger Gold Project in South Australia, with a strategic goal to become the largest independent gold producer in the region.
Average Trading Volume: 678,172
Technical Sentiment Signal: Buy
Learn more about BGD stock on TipRanks’ Stock Analysis page.