- Optimized scoping study reveals significant financial metrics for Barton Gold Holdings' Tunkillia project.
- Projected $2.7 billion in operating cash, $1.4 billion NPV, and 73% equity IRR with a 1-year payback period.
- Starter Pit expected to generate $825 million from 206,000 ounces of gold in about 1.1 years.
Barton Gold Holdings Limited (BGD) has released the results of an optimized scoping study for its Tunkillia project located in South Australia. The study presents impressive financial metrics that are set to accelerate the Pre-Feasibility Study (PFS) programs.
The Tunkillia project's scoping study highlighted an expected operating cash flow of $2.7 billion, with a Net Present Value (NPV) of $1.4 billion. A notable equity Internal Rate of Return (IRR) of 73% and a rapid payback period of just one year underline the project's strong financial viability and reduced investment risk.
The project's 'Starter Pit' is projected to yield $825 million from a production of 206,000 ounces of gold over approximately 1.1 years, underscoring the project's potential to generate substantial near-term cash flow.
These positive financial projections have prompted Barton Gold Holdings to fast-track the Tunkillia project into its Pre-Feasibility Study stage, aiming to capitalize on the promising results and move closer to realizing production goals.
