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Barton Gold Says Drilling at South Australian Gold Project Confirm High-Grade Mineralization

-- Barton Gold Holdings (ASX:BGD) said drilling at its Challenger gold project in South Australia confirm high-grade mineralization in the pit floor at the Challenger West pit, according to a Wednesday Australian bourse filing.

The company encountered intercepts of 7 meters at 2 grams-per-tonne (g/t) grade of gold from surface, as well as 3 meters at 20.6 g/t grade of gold from 13 meters.

The drilling validates previously modeled mineralization, with in-pit materials grading between 5 g/t to 20 g/t grade of gold at shallow depths below the pit floor, and peak assays grading up to 60 g/t grade of gold.

The company's shares fell nearly 1% in recent trading on Wednesday.

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