Update on Drilling for Tunkillia Upgrade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 28 2025
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Source: Yahoo Finance
Drilling Progress: Barton Gold's upgrade drilling for the 'Starter Pits' at the Tunkillia Gold Project is approximately 2/3 complete, ahead of schedule and under budget, with an average of over 300 meters drilled per day.
Financial Projections: The 'Stage 1' and 'Stage 2' areas are projected to yield 365,000 ounces of gold and an operating profit of A$1.3 billion in the first 2.5 years, with cash flows expected to repay development costs more than twice in the first year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
