ADELAIDE, AU / ACCESS Newswire / November 20, 2025 / Barton Gold Holdings Limited (ASX:BGD) (Barton or the Company) advises that the attached presentation is due to be presented today at the Swiss Mining Institute.
A copy of this presentation can be accessed on the ASX website, the investor section of Barton’s website, or directly by clicking here.
Authorised by the Managing Director of Barton Gold Holdings Limited.
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia.*
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill ( CGM )
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. In accordance with ASX Listing Rule 5.19.2, the Company further confirms that the material assumptions underpinning any production targets and the forecast financial information derived therefrom continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Barton pivots toward commercialisation with $20m cash in bank
HIGHLIGHTS
$20m estimated cash balance after proceeds of recent $15m institutional placement and SPP
Share Purchase Plan (SPP) opened 23 Oct 2025 at a price of $1.25 / share (a premium to market during the SPP offer), with $660,000 applications accepted and 528,000 new shares to be issued
Definitive Feasibility Study (DFS) underway for ‘Stage 1′ production at Central Gawler Mill, with JORC Mineral Resources upgrade drilling advancing rapidly at ‘Stage 2′ Tunkillia Gold Project
ADELAIDE, AU / ACCESS Newswire / November 10, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) ( Barton or the Company ) is pleased to confirm the final results of the Company’s recently announced Share Purchase Plan ( SPP ).1
The SPP opened on 23 October 2025 and offered Eligible Subscribers the ability to acquire new Barton shares at the same price as the recent institutional placement led by Franklin Templeton ( Placement ). 1
The Placement and SPP were priced at $1.25 / share, which represents a: 1
Discount of 3.8% to Barton’s last traded price of $1.30 before the Placement announcement;
Premium of 7.6% to Barton’s 1 month (20 trading day) VWAP of $1.16 on the same day; and
Premium of 9.2% to Barton’s last traded price of $1.145 prior to settlement on 21 October 2025.
A total of $660,000 valid SPP applications were received, including $80,000 from the Company’s Directors. The Directors have resolved to accept all eligible SPP applications. Accordingly, a total of 528,000 new Barton shares will be issued pursuant to the Company’s available Listing Rule 7.1A capacity.
Barton expects to issue the SPP shares tomorrow, 12 November 2025, with the shares to start trading on 13 November 2025 in accordance with the timetable set out in Barton’s 23 October 2025 announcement.
Following this issuance, Barton’s capital structure will comprise 238,489,810 fully paid ordinary shares.
Commenting on the final SPP results, Barton Managing Director Alexander Scanlon said :
“We are honoured to receive support for the SPP from our existing investors, who join Franklin Templeton and other North American funds in supporting Barton at a premium to our market price as we enter an exciting new phase. We are humbled by this extraordinary vote of confidence and the universally positive feedback received.
“Together with our recent $15m Placement, we are well capitalised to continue methodically building and unlocking long term value for Barton’s shareholders. The next year will be exciting as we advance our Central Gawler Mill toward ‘Stage 1′ operations, and our ‘Stage 2′ Tunkillia project toward a Mining Lease application.”
Authorised by the Board of Directors of Barton Gold Holdings Limited.
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia.*
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill ( CGM )
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy ( AusIMM ), Australian Institute of Geoscientists ( AIG ) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 ( JORC ).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au . The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. In accordance with ASX Listing Rule 5.19.2, the Company further confirms that the material assumptions underpinning any production targets and the forecast financial information derived therefrom continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
1 Refer to ASX announcements dated 14 / 22 / 23 October 2025
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
ADELAIDE, AU / ACCESS Newswire / November 9, 2025 / Barton Gold Holdings Limited (ASX:BGD) (Barton or the Company) advises that the attached presentation is due to be presented today at the Zurich Precious Metals Summit.
A copy of this presentation can be accessed on the ASX website, the investor section of Barton’s website, or directly by clicking here.
Authorised by the Managing Director of Barton Gold Holdings Limited.
About Barton Gold
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia.*
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill (CGM)
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
*Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. In accordance with ASX Listing Rule 5.19.2, the Company further confirms that the material assumptions underpinning any production targets and the forecast financial information derived therefrom continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
Samples collected for fine grinding testwork, mine design & costing
ADELAIDE, AU / ACCESS Newswire / November 3, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or the Company) has completed TSF1 geotechnical drilling in support of a recently launched Definitive Feasibility Study for ‘Stage 1′ production (Stage 1 DFS) at the Company’s South Australian Challenger Gold Project (Challenger). 1
The program included 5 sonic drill holes to recover TSF1 materials for lab testing, 24 holes for Cone Penetration Testing ( CPTu ) and further laboratory testing, and 3 holes each for vein shear testing (VST) and bulk density (BD) testing. Results will inform TSF1 detailed mine design, equipment selection, and operating cost estimates.
Figure 1 – TSF1 with completed CPT (red), sonic (green stars), VST / BD (orange) & AC / RC drill holes
Commenting on the TSF1 geotechnical drilling, Barton Managing Director Alexander Scanlon said:
“This drilling is the first of several production-related work programs completed for our ‘Stage 1′ production DFS at the Central Gawler Mill. The samples collected will be used for fine grinding testwork, and to inform key elements of mine design, equipment selection and operating costs for tailings recovery and processing.”
Authorised by the Managing Director of Barton Gold Holdings Limited.
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia. *
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill ( CGM )
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 ( JORC ).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. In accordance with ASX Listing Rule 5.19.2, the Company further confirms that the material assumptions underpinning any production targets and the forecast financial information derived therefrom continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
1 Refer to ASX announcements dated 29 September and 23 October 2025
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Samples collected for fine grinding testwork, mine design & costing
ADELAIDE, AU / ACCESS Newswire / November 3, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or the Company) has completed TSF1 geotechnical drilling in support of a recently launched Definitive Feasibility Study for ‘Stage 1′ production (Stage 1 DFS) at the Company’s South Australian Challenger Gold Project (Challenger). 1
The program included 5 sonic drill holes to recover TSF1 materials for lab testing, 24 holes for Cone Penetration Testing ( CPTu ) and further laboratory testing, and 3 holes each for vein shear testing (VST) and bulk density (BD) testing. Results will inform TSF1 detailed mine design, equipment selection, and operating cost estimates.
Figure 1 – TSF1 with completed CPT (red), sonic (green stars), VST / BD (orange) & AC / RC drill holes
Commenting on the TSF1 geotechnical drilling, Barton Managing Director Alexander Scanlon said:
“This drilling is the first of several production-related work programs completed for our ‘Stage 1′ production DFS at the Central Gawler Mill. The samples collected will be used for fine grinding testwork, and to inform key elements of mine design, equipment selection and operating costs for tailings recovery and processing.”
Authorised by the Managing Director of Barton Gold Holdings Limited.
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia. *
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill ( CGM )
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 ( JORC ).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. In accordance with ASX Listing Rule 5.19.2, the Company further confirms that the material assumptions underpinning any production targets and the forecast financial information derived therefrom continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
1 Refer to ASX announcements dated 29 September and 23 October 2025
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Program advancing rapidly, ahead of schedule and under budget
HIGHLIGHTS
Reverse circulation (RC) upgrade drilling on high value ‘Starter Pits’ ahead of schedule, 2/3 complete1
First assays from highest value ‘Stage 1′ area anticipated to be received during the coming weeks1
ADELAIDE, AU / ACCESS Newswire / October 28, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) ( Barton or Company ) is pleased to confirm that upgrade drilling for the ‘Starter Pits’ at its South Australian Tunkillia Gold Project ( Tunkillia ) is progressing ahead of schedule and under budget, with approximately 2/3 of the current ~18,000m program now complete.
Assuming revenues based upon a gold price of AUD $5,000 / ounce, the ‘Stage 1′ and ‘Stage 2′ optimised open pit areas are modelled to yield 365koz Au and A$1.3bn operating profit during Tunkillia’s first ~2.5 years alone. 1 Estimated ‘Starter Pits’ cash flows are modelled to repay development more than 2x over during the first year of operations, and more than 3x over during the first 2 years, offering an attractive credit financing profile. 1
This initial round of drilling is therefore designed to convert these two pit areas to JORC (2012) ‘Measured’ and ‘Indicated’ categories, reinforce modelling confidence and support expedited project financing discussions. 1
Figure 1 – Long section showing Area 223 ‘Main’ pit and stages, and Tunkillia JORC MRE block model 1
Commenting on Tunkillia’s upgrade drilling programs, Barton Managing Director Alex Scanlon said :
“We are pleased to confirm that the first phase of Tunkillia upgrade drilling is progressing well, ahead of schedule and under budget, with contractors Raglan Drilling consistently delivering an average of over 300 metres drilling per day.
“Prior drilling in the ‘Starter Pits’ area has typically returned Tunkillia’s highest grades. Our modelling that indicates that these pits can deliver a payback period of less than 1 year in operations, offering a very attractive credit profile.”
Program background
Figure 2 shows Tunkillia’s key ‘Stage 1′ and ‘Stage 2′ optimised pit outlines, with the location of planned new drill hole collars (black dots) and completed drill holes (green dots) for the initial ~18,000m drilling program. The program is targeting the upgrade of all ‘Stage 1′ and ‘Stage 2′ mineralisation to JORC ‘Indicated’ category, with the highest value subset of ‘Stage 1′ mineralisation upgraded to JORC ‘Measured’ category. Previous drilling in the highest value ‘Stage1′ area by Barton and others has yielded assays such as 10m @ 15.7 g/t Au from 54m, 9m @ 6.57 g/t Au from 72m, 17m @ 5.90 g/t Au from 79m, and 15m @ 7.64 g/t Au from 100m depth. 1
The current drilling program is advancing ahead of schedule and under budget, with a total ~12,000m drilling completed across a total 37 days’ drilling, for an average of approximately 325m per day. A first batch of drilling assays from the central highest value ‘Stage 1′ area is anticipated to be received during the coming weeks.
A 2 nd stage RC drilling planned for March to June 2026 will then target conversion of all other Tunkillia OSS mineralisation to JORC ‘Indicated’ category. Concurrent diamond drilling ( DD ) will infill and expand Tunkillia’s geotechnical and metallurgical databases to support further pit design optimisation and feasibility studies.
Figure 2 – Tunkillia S1 & S2 ‘Starter Pits’ with planned (black dots) and completed (green dots) drilling
Authorised by the Managing Director of Barton Gold Holdings Limited.
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia. *
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill ( CGM )
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy ( AusIMM ), Australian Institute of Geoscientists ( AIG ) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 ( JORC ).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. In accordance with ASX Listing Rule 5.19.2, the Company further confirms that the material assumptions underpinning any production targets and the forecast financial information derived therefrom continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
1 Refer to Prospectus and ASX announcement dated 15 November 2021
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Results to inform detailed TSF1 mine design, schedule and costs
ADELAIDE, AU / ACCESS Newswire / October 22, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or the Company) is pleased to confirm that geotechnical drilling has started in support of a recently launched Definitive Feasibility Study for ‘Stage 1′ production (Stage 1 DFS) at the Company’s South Australian Challenger Gold Project (Challenger).1
The planned program includes 5 sonic drilling holes to recover TSF1 materials for laboratory testing, 24 holes for Cone Penetration Testing (CPTu) and further laboratory testing, and 3 holes for push tube density testing.
The program is expected to take three weeks to complete, with the results to inform the dry recovery of TSF1 tailings materials, detailed mine design, a mining schedule and estimate of mining costs for the Stage 1 DFS.
Commenting on the start of geotechnical drilling, Barton Managing Director Alexander Scanlon said:
“With the Stage 1 DFS now underway, we are excited to kick off the first of several production-related work programs that will inform key elements of mine design, scheduling, equipment selection and operating costs for tailings recovery.
“Following a $15m placement led by Franklin Templeton, Barton is well funded to advance the restart of operations at its Central Gawler Mill, with approximately $20m cash in the bank and credit financing discussions underway.
“We are now on the road to production, leveraging our fully permitted Central Gawler Mill to operations and growth. This is an invaluable stepping stone for our vision to become South Australia’s largest independent gold producer.”
Authorised by the Managing Director of Barton Gold Holdings Limited.
About Barton Gold Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia.*
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill (CGM)
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
1Refer to ASX announcement dated 29 September 2025
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Targeting commissioning of ‘Stage 1’ production by the end of 2026
HIGHLIGHTS
$15m Placement led by Franklin Templeton; $2.5m Share Purchase Plan (SPP) opens tomorrow
Placement and SPP price of $1.25 / share represents a:
Discount of 3.8% to Barton’s last traded price of $1.30 before the Placement announcement;
Premium of 7.6% to Barton’s 1 month (20 trading day) VWAP of $1.16 on the same day; and
Premium of 9.2% to Barton’s last traded price of $1.145 yesterday, 21 October 2025.
ADELAIDE, AU / ACCESS Newswire / October 21, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or the Company) is pleased to confirm that a $15m placement to institutional investors announced on 14 October 2025 has been completed (Placement).1 The Placement was priced at $1.25 per share, with 12 million new Placement shares issued.1
The Placement was led by Franklin Templeton which has acquired an initial ~3.8% interest in Barton’s expanded equity capital structure following completion. Barton also welcomes Donald Smith Value Fund, L.P. and other new institutions to its share register, and thanks its existing North American investors for their further support. Barton’s expanded capital structure now comprises 237,961,810 fully paid ordinary shares (before the SPP).
Barton is also opening a non-underwritten SPP targeting $2.5m (before costs), allowing eligible shareholders to acquire new Barton shares at the same Placement price (SPP Offer).1 The SPP Offer will open tomorrow, 23 October 2025 with a letter to shareholders (Letter) and booklet containing the full SPP details (SPP Offer Booklet) published on the ASX. The Letter and an application form will be available to eligible shareholders.
The SPP is expected to close at 5:00pm (AEDT) on Thursday, 6 November 2025. However, Barton may close the SPP early without notice. The Company notes that the Company’s last SPP, opened on Tuesday, 9 April 2024 was heavily oversubscribed and closed early after only one week.2 Interested Eligible Shareholders are therefore encouraged to apply as soon as possible following the opening of the SPP.
To apply for SPP Shares, you must make payment directly by BPAY using the unique reference number shown on your personalised application form. You can obtain a copy of your personalised application form online – prior to receipt of materials posted by mail – with your Securityholder Reference Number (SRN) or Holder Identification Number (HIN). Further details will be included in the Letter.
Commenting on the Placement and SPP, Barton Managing Director Alexander Scanlon said:
“This Placement further strengthens our already high quality share register, and is a further endorsement of Barton’s strategic regional platform and strategy. We thank our new and existing institutional shareholders for their support as we enter the next phase of our corporate evolution, targeting ‘Stage 1′ commissioning by the end of 2026. We have an exciting journey ahead in South Australia as we lead the re-establishment of the Gawler Craton’s gold district.
“Barton is very well capitalised to pursue its objectives. The SPP is an opportunity for all other eligible shareholders to extend their participation in Barton’s story.”
Authorised by the Board of Directors of Barton Gold Holdings Limited.
About Barton Gold Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia.*
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill (CGM)
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
1Refer to ASX announcement dated 14 October 2025
2Refer to ASX announcements dated 27 March and 5 / 9 / 15 / 16 / 19 / 23 April 2024
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
ADELAIDE, AU / ACCESS Newswire / October 13, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) advises that the attached presentation has been presented today at the Australian Gold Conference.
A copy of this presentation can be accessed on the ASX website, the investor section of Barton’s website, or directly by clicking here.
Authorised by the Managing Director of Barton Gold Holdings Limited.
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia.*
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill (CGM)
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Targeting commissioning of ‘Stage 1′ production by the end of 2026
HIGHLIGHTS
$15m Placement led by Franklin Templeton, one of the world’s largest precious metals funds
Share Purchase Plan (SPP) targeting $2.5 million to be offered at same price as the Placement
Placement and SPP price of $1.25 / share represents a:
Discount of 3.8% to Barton’s last traded price of $1.30 / share on Thursday, 9 October 2025
Premium of 7.6% to Barton’s 1 month (20 trading day) VWAP of $1.16 / share
Definitive Feasibility Study (DFS) underway for reinstatement of Barton’s fully permitted Central Gawler Mill (CGM) to operations, where JORC Mineral Resources include 194koz @ 3.23 g/t Au on existing open pit and underground mine development; targeting commissioning by the end of 20261
Upgrade drilling underway on Tunkillia’s ‘Starter Pits’ which are modelled to yield ~$1.3bn operating free cash during the first 2.5 years alone, targeting Ore Reserves, completion of a Pre-Feasibility Study (PFS), and submission of a Mining Lease application by the end of calendar year 20262
$23 million estimated pro-forma cash balance after completion of Placement and SPP
ADELAIDE, AU / ACCESS Newswire / October 13, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or the Company) is pleased to announce that the Company has received firm commitments to raise $15 million (before costs) from existing and new specialist North American institutional precious metals funds (Placement).
The Placement is priced at $1.25 per share, for the issuance of 12 million new shares (Placement Shares). A Share Purchase Plan (SPP) targeting $2.5 million (before costs) will open to eligible existing Barton shareholders following completion of the Placement, for the issuance of a further 2 million new shares (SPP Shares).
The Placement is led by Franklin Templeton, one of the world’s largest institutional precious metals funds, which will invest $11.25 million to acquire an initial interest in circa 3.8% of Barton’s expanded equity capital structure. Canaccord Genuity (Australia) Limited (Canaccord) is acting as Lead Manager and Bookrunner, and is working in conjunction with Barton’s internal equity capital markets initiatives to support the Placement. Barton estimates that the total costs of the Placement and SPP will be less than 1.5% of total proceeds.
Commenting on the capital raise, Barton Managing Director Alexander Scanlon said:
“Barton has worked diligently during the past five years to lay the foundation for large-scale regional gold production, doing so expeditiously and with minimal dilution, in order to create and preserve maximum future shareholder value. We now have the opportunity to leverage our existing mill to operations at record gold prices, and unlock that value.
“We are greatly honoured to have Franklin Templeton’s support as we pivot to the next stage of Barton’s evolution, and target the re-rating of Barton’s equity profile to that of a ‘producer’ with a strong, self-funded growth pathway.”
Capital raise to accelerate key value-add programs
Since the Company’s last $3m capital raise completed in June 2025, Barton has announced several value-add initiatives for its strategic regional ‘hub and spoke’ model in South Australia’s central Gawler Craton, including:
Stage 1 Operations | Central Gawler Mill (CGM)
Dual JORC (2012) Mineral Resources upgrades to over 300koz Au adjacent to the CGM, with a preliminary A$26m (±30%) capital cost estimate for reinstatement of the CGM (with upgrades);3
The start of a Definitive Feasibility Study (DFS) targeting commissioning by the end of 2026;4
Stage 2 Development | Tunkillia Gold Project
The start of ~18,000m reverse circulation (RC) upgrade drilling on the ‘Starter Pits’ modelled to yield ~$1.3bn operating free cash and pay back development 3x over during the first 2.5 years;5
Tolmer high-grade silver discovery
High-grade drilling assays extending the ‘western silver zone’, and adding high-grade gold;6
Soil sampling assays indicating expansive Au-Ag-Pb anomalism and potential extensions;7
Completion of diamond drilling (DD) to investigate controls and guide follow up targeting;8
Regional M&A | Wudinna Gold Project
Acquisition of the Wudinna Gold Project (Wudinna) adding 279koz Au regional mineralisation;9
The granting of new tenements at Wudinna, providing a long-term exploration platform;10 and
Preliminary metallurgical testwork indicating up to 99% gold recoveries, and the potential to produce a ~20 – 25 g/t Au concentrate for trucking to Barton’s CGM and planned Tunkillia mill.11
Barton’s ASX-listed shares have also recently become a member of the ASX All Ordinaries Index (All Ordinaries) of the 500 largest companies in the Australian equities market, administered by S&P Dow Jones Indices.12
Placement size and terms
The Company received expressions of interest exceeding its targeted placement amount of $15 million (before costs), and will issue 12 million new Placement Shares pursuant to the Company’s available Listing Rule 7.1 capacity. Upon issue, new Placement Shares will rank equally with existing fully paid ordinary shares on issue.
The Placement issue price of $1.25 per share represents a 3.8% discount to the Company’s last traded price of $1.30 and a 7.6% premium to the Company’s 1 month (20 trading day) volume weighted average closing price (VWAP) of $1.16 (each calculated as at market close on Thursday, 9 October 2025).
The new Placement Shares represent modest equity dilution of only 5%, preserving value for Barton shareholders. Barton estimates total Placement and SPP costs to be less than 1.5% of total proceeds.
Placement and SPP proceeds will be used to advance programs targeting commissioning of the CGM for ‘Stage 1′ operations, and Tunkillia Ore Reserves, PFS completion and a Mining Lease application, by the end of 2026.
Barton has continued to receive further interest in the Placement and reserves the right to increase its size.
Pro-forma capital structure and treasury balance
Upon completion of the Placement and SPP, the Company estimates that it will have a pro-forma equity capital structure of approximately 239,961,810 fully paid ordinary shares, with an estimated $23 million cash balance. An Appendix 3B for the proposed issue of the Placement Shares and SPP Shares will follow this announcement.
Share Purchase Plan
The Company also intends to offer an SPP to target an additional $2.5 million (before costs) (SPP Offer). Full SPP subscription for $2.5 million would therefore result in the issue of a further 2,000,000 SPP Shares.
SPP Shares will be issued at the same price as the Placement Shares (SPP Issue Price) and can be purchased from the Company without incurring brokerage or other transaction costs.13 Upon issue, SPP Shares will rank equally with all others existing fully paid ordinary shares on issue.
The SPP is not underwritten. The Company may raise more or less than $2.5 million. If more than $2.5 million in applications are received, the Directors may in their absolute discretion accept applications (in whole or in part) to raise less than, or more than, $2.5 million, subject to compliance with the ASX Listing Rules.
Eligible Barton shareholders, being those with a registered address in Australia or New Zealand (Eligible Shareholders) and recorded on the Company’s share register as at 5:00pm (AEDT) on Monday, 13 October 2025 (Record Date), will have the opportunity to apply for up to $30,000 of new SPP Shares each.
The full terms and conditions of the SPP will be detailed in an offer booklet which is expected to be released to the ASX and dispatched to Eligible Shareholders via their preferred contact method on Thursday, 23 October 2025 (SPP Offer Booklet).
Barton’s Directors have indicated that, where eligible, they intent to participate in the SPP subject to any Director participation not displacing general public demand from Eligible Investors.
The SPP Offer is expected to open on Thursday, 23 October 2025, and close at 5:00pm (AEDT) on Thursday, 6 November 2025. The SPP Offer may be closed early by the Company without notice.
The Company notes that the Company’s last SPP, opened on Tuesday, 9 April 2024 was heavily oversubscribed and closed early after only one week.14 Interested Eligible Shareholders are therefore encouraged to apply as soon as possible following the opening of the SPP.
Barton will coordinate with its share registry (Computershare) to provide online application facilities to allow expedited applications by all interested Eligible Investors. Further details of these facilities will be provided in the SPP Offer Booklet published to the ASX on Thursday, 23 October 2025.
Indicative Timeline – Placement & SPP
Event
Date*
SPP Record Date (5:00pm AEDT)
Monday, 13 October 2025
Announcement of Placement and SPP and lodgement of Appendix 3B
Tuesday, 14 October 2025
Allocation of new Shares under the Placement
Tuesday, 21 October 2025
Announcement of final Placement results
Wednesday, 22 October 2025
Official quotation and commencement of trading of Placement Shares
Wednesday, 22 October 2025
Publish SPP Offer Booklet on ASX and Despatch to Eligible Shareholders
Thursday, 23 October 2025
SPP Offer opening date
Thursday, 23 October 2025
SPP Offer closing date (5:00pm AEDT)
Thursday, 6 November 2025
Announcement of SPP Offer results
Tuesday, 11 November 2025
Allocation of new Shares under the SPP
Wednesday, 12 November 2025
Official quotation and commencement of trading of SPP Shares
Thursday, 13 November 2025
* Note: This timetable is indicative only and subject to change. The quotation and trading of new Placement Shares and SPP Shares is subject to confirmation from the ASX. Subject to the requirements of the Corporations Act, the ASX Listing Rules and other applicable rules, Barton reserves the right to amend this timetable at any time, without notice, including to extend or shorten the period during which Placement or SPP applications will be accepted. Accordingly, eligible parties are encouraged to submit applications as early as possible.
1 Refer to ASX announcement dated 29 September 2025
2 Refer to ASX announcements dated 5 May and 18 September 2025
3 Refer to ASX announcements dated 30 June, 21 July and 8 September 2025
4 Refer to ASX announcement dated 29 September 2025
5 Refer to ASX announcements dated 5 May and 18 September 2025
6 Refer to ASX announcement dated 5 August 2025
7 Refer to ASX announcement dated 24 September 2025
8 Refer to ASX announcement dated 25 August 2025
9 Refer to ASX announcements dated 30 June and 2 July 2025
10 Refer to ASX announcement dated 6 August 2025
11 Refer to ASX announcement dated 10 September 2025
This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US state securities laws.
Nothing contained in this announcement constitutes investment, legal, tax or other advice. Investors should seek appropriate professional advice before making any investment decision.
All dollar amounts in this announcement are expressed in Australian dollars (AUD) unless otherwise stated.
About Barton Gold
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia.*
Challenger Gold Project
313koz Au + fully permitted Central Gawler Mill (CGM)
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (above 215mRL)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource (below 90mRL)
Mr Dale Sims
AusIMM / AIG
Fellow / Member
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company also confirms that it is not aware of any new information or data that materially affects the operating free cash which is mentioned on page 1 of this announcement and in the ASX announcements dated 5 May and 18 September 2025.
The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 8 September 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,186koz Au (40.2Mt @ 0.92 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
