Barton Gold Holdings Limited announced assay results from the initial 11 holes of its 3,267m May 2022 drilling program at the Tarcoola Gold Project (Tarcoola). The assays are from the Perseverance West gold zone located at the southern end of the shallow open pit Perseverance Mine, and confirm further significant high-grade mineralisation. Perseverance West was initially discovered by Barton during its August 2020 Phase 1 Tarcoola drilling program.

Barton's August 2020 and July 2021 drilling programs discovered multiple shallow high-grade structures and gold-enriched zones in Tarcoola Formation lithologies along a ~350m strike and to ~125m depth.2 The May 2022 drilling campaign was designed to infill drill the gold mineralisation, improve confidence in continuity, and to contribute to a future mineral resource estimate update. Additional assay results from Perseverance West, from three step-out drill holes (TBM0086 - TBM0088) located ~50 metres west of drill holes TBM0083 - TBM0085, are pending. The Company expects the balance of assay results from the May 2022 Tarcoola and Tunkillia drilling programs to be received and released throughout the balance of July and August 2022.