Latest news with #TarcoolaGoldProject
Miami Herald
16-06-2025
- Business
- Miami Herald
Completion of Tolmer High Grade Silver Zone Drilling
Planning Underway for Expedited Follow-up RC and Diamond Programs HIGHLIGHTS 2,882m reverse circulation (RC) drilling completed at Tolmer high-grade silver discovery; recent expansion from 13 to 21 holes based upon early drilling program observations[1]Program expanded in all directions with two additional lines to north and south ADELAIDE, AUSTRALIA / ACCESS Newswire / June 15, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm that expanded RC drilling has completed at its recent 'Tolmer' high grade silver discovery, located at the Company's South Australian Tarcoola Gold Project (Tarcoola).1 A total of 2,882m RC drilling was completed across 21 completed holes to an average depth of 137m. Samples are planned to depart site during the coming week, with the first multi-element assay results expected toward the end of July. Figure 1 - Tolmer 'western silver' & 'eastern gold' zones showing expanded silver drilling program Commenting on the Tolmer drilling program, Barton Managing Director Alexander Scanlon said: "We look forward to sharing the assay results for this latest round of Tolmer drilling. The western 'silver zone' is an exciting target, and we are already planning near-term follow up diamond and RC drilling programs. My thanks to the excellent Barton team, and our drilling partners, for the safe execution of this extended program." Program background Barton identified Tolmer as a high-grade gold discovery in August 2024, and subsequently identified a new 'silver zone' ~500m west in a line of seven discovery holes with globally significant assays including:[2] On 22 May Barton commenced a planned program of ~2,500m RC drilling which was designed to infill and extend both the western 'silver zone' and the eastern 'gold zone'.[3] Based upon further geological surface reconnaissance and early observations from drilling, it was decided to expand the 'silver zone' drilling program to gather a larger amount of data on this area with the remaining time available in this program.[4] Seven drill holes originally planned for the eastern 'gold zone' were re-allocated to eight new drill holes in the western 'silver zone', expanding the planned drilling from three to five lines of RC holes. The total Tolmer drilling program was expanded from a planned ~2,500m to a revised final total of 2,882m. Samples will shortly be despatched for expedited laboratory analysis, with the first multi-element assay results expected to be received toward the end of July. Barton has already commenced planning for follow up programs, including diamond drilling for structural orientation and further extensional RC drilling. Figure 2 - Tolmer 'silver zone' cross-section (see Fig. 2) with anomalous Ag-Pb and key intersections 4 Authorised by the Managing Director of Barton Gold Holdings Limited. [1] Refer to ASX announcement dated 10 June 2025 For further information, please contact: 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 1.7Moz Au & 3.1Moz Ag JORC Mineral Resources (64.0Mt @ 0.83 g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia. 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). 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 or on the ASX website 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 4 March 2025. Total Barton JORC (2012) Mineral Resources include 909koz Au (30.8Mt @ 0.92 g/t Au) in Indicated category and 799koz Au (33.2Mt @ 0.75 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. SOURCE: Barton Gold Holdings Limited
USA Today
16-06-2025
- Business
- USA Today
Completion of Tolmer High Grade Silver Zone Drilling
Planning Underway for Expedited Follow-up RC and Diamond Programs HIGHLIGHTS 2,882m reverse circulation (RC) drilling completed at Tolmer high-grade silver discovery; recent expansion from 13 to 21 holes based upon early drilling program observations [1] Program expanded in all directions with two additional lines to north and south Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm that expanded RC drilling has completed at its recent 'Tolmer' high grade silver discovery, located at the Company's South Australian Tarcoola Gold Project (Tarcoola).1 A total of 2,882m RC drilling was completed across 21 completed holes to an average depth of 137m. Samples are planned to depart site during the coming week, with the first multi-element assay results expected toward the end of July. Figure 1 – Tolmer 'western silver' & 'eastern gold' zones showing expanded silver drilling program Commenting on the Tolmer drilling program, Barton Managing Director Alexander Scanlon said: 'We look forward to sharing the assay results for this latest round of Tolmer drilling. The western 'silver zone' is an exciting target, and we are already planning near-term follow up diamond and RC drilling programs. My thanks to the excellent Barton team, and our drilling partners, for the safe execution of this extended program.' Program background Barton identified Tolmer as a high-grade gold discovery in August 2024, and subsequently identified a new 'silver zone' ~500m west in a line of seven discovery holes with globally significant assays including:[2] Hole ID Interval Including: TBAC130 6m @ 4,747 g/t Ag from 46 metres 1m @ 17,600 g/t Ag from 46 metres TBM227 4m @ 1,417 g/t Ag from 9 metres 1m @ 3,790 g/t Ag from 9 metres TBM228 14m @ 434 g/t Ag from 46 metres 1m @ 3,350 g/t Ag from 54 metres On 22 May Barton commenced a planned program of ~2,500m RC drilling which was designed to infill and extend both the western 'silver zone' and the eastern 'gold zone'.[3] Based upon further geological surface reconnaissance and early observations from drilling, it was decided to expand the 'silver zone' drilling program to gather a larger amount of data on this area with the remaining time available in this program.[4] Seven drill holes originally planned for the eastern 'gold zone' were re-allocated to eight new drill holes in the western 'silver zone', expanding the planned drilling from three to five lines of RC holes. The total Tolmer drilling program was expanded from a planned ~2,500m to a revised final total of 2,882m. Samples will shortly be despatched for expedited laboratory analysis, with the first multi-element assay results expected to be received toward the end of July. Barton has already commenced planning for follow up programs, including diamond drilling for structural orientation and further extensional RC drilling. Figure 2 – Tolmer 'silver zone' cross-section (see Fig. 2) with anomalous Ag-Pb and key intersections 4 Authorised by the Managing Director of Barton Gold Holdings Limited. [1] Refer to ASX announcement dated 10 June 2025 [2] Refer to ASX announcements dated 27 August 2024 and 30 January, 6 February, 27 March, 16 April and 22 May 2025 [3] Refer to ASX announcement dated 22 May 2025 [4] Refer to ASX announcement dated 10 June 2025 For further information, please contact: Alexander Scanlon Managing Director +61 425 226 649 Jade Cook Company Secretary cosec@ +61 8 9322 1587 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 1.7Moz Au & 3.1Moz Ag JORC Mineral Resources (64.0Mt @ 0.83 g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia. Tarcoola Gold Project Fully permitted open pit mine with ~20koz Au within trucking distance of Barton's Central Gawler Mill Historical goldfield with new high-grade gold-silver discovery in grades up to 83.6 g/t Au and 17,600 g/t Ag Tunkillia Gold Project 1.6Moz Au & 3.1Moz Ag JORC Mineral Resources Optimised Scoping Study for competitive ~120kozpa gold and ~250kozpa silver bulk open pit operation Key Regional Infrastructure Region's only gold processing plant (650ktpa CIP) Multiple camps / accommodation across projects 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 Mr Dale Sims (Consultant) AusIMM / AIG Fellow / 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 or on the ASX website 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 4 March 2025. Total Barton JORC (2012) Mineral Resources include 909koz Au (30.8Mt @ 0.92 g/t Au) in Indicated category and 799koz Au (33.2Mt @ 0.75 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. SOURCE: Barton Gold Holdings Limited View the original press release on ACCESS Newswire
Miami Herald
10-06-2025
- Business
- Miami Herald
Expansion of Tolmer ‘Silver Zone' Drilling Program
Early surface reconnaissance and drilling progress sharpen silver focus HIGHLIGHTS Current ~2,500m reverse circulation (RC) drilling program underway at Tolmer discovery; planned gold drilling reallocated to prioritise silver zone following early observations1Additional target holes added north, east, south and west of high-grade 'discovery line'2 ADELAIDE, AUSTRALIA / ACCESS Newswire / June 9, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to provide an update for RC drilling underway at its recent 'Tolmer' high grade silver discovery, located at the Company's South Australian Tarcoola Gold Project (Tarcoola).1 Drilling recently started at Tolmer with a priority focus on the western 'silver zone'.1 Planned gold drilling will now be deferred in favour of extending drilling at the silver zone, ahead of anticipated follow-up programs starting as early as late July. Figure 1 - Tolmer 'western silver' & 'eastern gold' zones showing expanded silver drilling lines Commenting on the revised drilling program, Barton Managing Director Alexander Scanlon said: "Based upon early observations we are refocusing all current Tolmer drilling on the western 'silver zone'. We will expedite these assays to inform near-term follow-up programs, likely to include orientation diamond drilling." Growing 'silver zone' footprint Barton identified Tolmer as a high-grade gold discovery in August 2024, and subsequently identified a new 'silver zone' ~500m west in a line of seven discovery holes with globally significant assays including:3 On 22 May Barton commenced a planned program of ~2,500m RC drilling which was designed to infill and extend both the western 'silver zone' and the eastern 'gold zone'.4 Based upon further geological surface reconnaissance and early observations from drilling, it was decided to expand the 'silver zone' drilling program to gather a larger amount of data on this area with the remaining time available in this program. Seven drill holes originally planned for the eastern 'gold zone' have been re-allocated to eight new drill holes in the western 'silver zone', expanding the planned drilling from three to five lines of RC holes. The total Tolmer drilling program has been expanded from a planned ~2,500m to a revised total of ~2,850m. Drilling of the expanded 'silver program' is now anticipated to finish this week, following which assays will be expedited for laboratory analysis and planning of follow up drilling programs. These will likely include additional RC drilling (including in the gold zone) and diamond drilling for structural orientation. Figure 2 - Tolmer 'silver zone' cross-section (see Fig. 2) with anomalous Ag-Pb and key intersections4 1 Refer to ASX announcement dated 22 May 2025 2 Refer to ASX announcements dated 27 August 2024 and 30 January, 27 March, 16 April and 12 / 22 May 2025 3 Refer to ASX announcements dated 27 August 2024 and 30 January, 6 February, 27 March, 16 April and 22 May 2025 4 Refer to ASX announcement dated 22 May 2025 Authorised by the Managing Director of Barton Gold Holdings Limited. For further information, please contact: 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 1.7Moz Au & 3.1Moz Ag JORC Mineral Resources (64.0Mt @ 0.83 g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia. 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). 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 or on the ASX website 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 4 March 2025. Total Barton JORC (2012) Mineral Resources include 909koz Au (30.8Mt @ 0.92 g/t Au) in Indicated category and 799koz Au (33.2Mt @ 0.75 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. SOURCE: Barton Gold Holdings Limited
Miami Herald
12-05-2025
- Business
- Miami Herald
Drilling Expedited at Tolmer High-Grade Silver Discovery
HIGHLIGHTS Follow-up drilling expedited for March 2025 Tolmer 'silver zone' discovery; single line of 7 'discovery holes' returned 3 globally significant high-grade silver assays, including:1 ADELAIDE, AUSTRALIA / ACCESS Newswire / May 11, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm that follow-up drilling has been expedited at its South Australian Tarcoola Gold Project (Tarcoola), where Tolmer's new 'silver zone' was discovered in a line of seven discovery holes returning three globally significant assays.1 Bullion Drilling has been engaged as driller, with drilling expected to start next week. Commenting on expedited Tolmer drilling plans, Barton MD Alexander Scanlon said: "We are wasting no time following up our new Tolmer high-grade silver discovery, confirmed just 6 weeks ago. The original line of seven drill holes has already returned three silver assays which featured in various 'global Top 10' rankings. These are unusually high-grade for Australia, so we are excited to map this zone out quickly." Authorised by the Managing Director of Barton Gold Holdings Limited. For further information, please contact: 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 1.7Moz Au & 3.1Moz Ag JORC Mineral Resources (64.0Mt @ 0.83 g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia.* 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). 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 or on the ASX website 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.
Yahoo
08-05-2025
- Business
- Yahoo
ASX Penny Stocks Spotlight: Barton Gold Holdings And Two More To Watch
The Australian market has been a mix of ups and downs, with the ASX200 reflecting current economic shifts and investor sentiments. Penny stocks, though an older term, remain relevant as they often represent smaller or newer companies that can offer unique growth opportunities. By focusing on those with strong financials, investors may uncover potential gems among these lesser-known stocks. Name Share Price Market Cap Financial Health Rating CTI Logistics (ASX:CLX) A$1.72 A$138.54M ★★★★☆☆ Accent Group (ASX:AX1) A$1.91 A$1.08B ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$1.54 A$72.65M ★★★★★★ IVE Group (ASX:IGL) A$2.69 A$414.75M ★★★★★☆ GTN (ASX:GTN) A$0.63 A$120.41M ★★★★★★ GR Engineering Services (ASX:GNG) A$2.70 A$451.85M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.34 A$158.48M ★★★★★★ Regal Partners (ASX:RPL) A$2.11 A$709.31M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.54 A$754.72M ★★★★★☆ NRW Holdings (ASX:NWH) A$2.81 A$1.29B ★★★★★☆ Click here to see the full list of 991 stocks from our ASX Penny Stocks screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Barton Gold Holdings Limited focuses on the exploration and development of mineral projects in South Australia, with a market capitalization of A$123.69 million. Operations: Barton Gold Holdings Limited has not reported any revenue segments. Market Cap: A$123.69M Barton Gold Holdings, with a market capitalization of A$123.69 million, is pre-revenue and currently unprofitable. The company has recently reported high-grade assays from its Tarcoola Gold Project, indicating potential for significant mineralization. Despite having no debt and an experienced management team, Barton faces financial challenges as short-term assets do not cover long-term liabilities. However, it maintains a cash runway exceeding one year based on current free cash flow levels. Revenue is forecast to grow significantly by 90.22% annually, though profitability remains elusive in the near term according to analyst estimates. Unlock comprehensive insights into our analysis of Barton Gold Holdings stock in this financial health report. Understand Barton Gold Holdings' earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Djerriwarrh Investments Limited is a publicly owned investment manager with a market capitalization of A$802.31 million. Operations: The company generates revenue primarily from its portfolio of investments, amounting to A$50.84 million. Market Cap: A$802.31M Djerriwarrh Investments, with a market cap of A$802.31 million, demonstrates stable financial health and consistent growth. Its earnings surged by 57.3% over the past year, outpacing the capital markets industry average of 23.6%. The company maintains a solid balance sheet with more cash than debt and short-term assets exceeding both short- and long-term liabilities. Despite low return on equity at 5.4%, Djerriwarrh's interest payments are well-covered by EBIT, reflecting strong operational efficiency. However, its dividend yield of 5% is not fully supported by free cash flows, requiring attention to sustainability in future payouts. Click here and access our complete financial health analysis report to understand the dynamics of Djerriwarrh Investments. Explore historical data to track Djerriwarrh Investments' performance over time in our past results report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: SomnoMed Limited, with a market cap of A$102.65 million, produces and sells devices for the oral treatment of sleep-related disorders across the Asia Pacific region, North America, and Europe. Operations: The company generates revenue of A$100.25 million from its production and sale of products designed to treat sleep disordered breathing. Market Cap: A$102.65M SomnoMed Limited, with a market cap of A$102.65 million, is navigating the challenges common to penny stocks by focusing on revenue growth and maintaining financial stability. Despite being unprofitable with a negative return on equity of -12.64%, it has managed to reduce its debt-to-equity ratio significantly over the past five years and holds more cash than total debt. The company forecasts revenue growth of 9.7% annually, supported by strong short-term assets that cover both short- and long-term liabilities comfortably. Management's experience and stable weekly volatility further bolster investor confidence in its strategic direction amidst earnings challenges. Jump into the full analysis health report here for a deeper understanding of SomnoMed. Learn about SomnoMed's future growth trajectory here. Get an in-depth perspective on all 991 ASX Penny Stocks by using our screener here. Seeking Other Investments? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:BGD ASX:DJW and ASX:SOM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
