Barton Gold (BGD) Investor presentation summary

Strategic positioning and growth platform

• Controls 2.25 Moz gold resources in South Australia, leveraging a hub-and-spoke model for regional consolidation and large-scale production targeting ~150kozpa Au.

• Owns the region’s only gold mill, providing strategic leverage and a low-cost pathway to production.

• Multi-stage development plan: Stage 1 focuses on restarting Central Gawler Mill (CGM), Stage 2 on developing the Tunkillia Project, and further regional expansion through acquisitions and exploration.

• Well-capitalized with $13.3 million cash, no debt, and strong institutional support; listed on ASX, OTCQB, and Frankfurt exchanges.

• Led by an experienced board and management team with deep mining, legal, and financial expertise.

Project portfolio and operational highlights

• CGM (Stage 1): Fully permitted, 600ktpa mill with 313koz Au resources; low-cost restart estimated at A$26m, targeting high-grade tailings and open pit material.

• Tunkillia (Stage 2): 1.6Moz Au and 3.1Moz Ag resources; scoping study shows 121kozpa Au, 259kozpa Ag, A$2,222/oz AISC, A$1.4bn NPV, 73% IRR, and <1-year payback.

• Wudinna: 279koz Au resource, shallow mineralization, high recoveries, and multiple untested targets; provides blending and export options.

• Tarcoola: Historic high-grade goldfield with new gold and silver discoveries at Tolmer, including world-leading silver grades up to 17,600g/t Ag.

• Ongoing exploration and drilling programs underpin resource growth and project financing discussions.

Resource inventory and exploration results

• Total JORC (2012) resources: 2.23Moz Au and 3.07Moz Ag across Tunkillia, Tarcoola, Challenger, and Wudinna projects.

• Tunkillia’s shallow, higher-grade starter pit zones enable rapid payback and strong early cash flows.

• Tolmer prospect at Tarcoola has delivered significant gold and silver intercepts, confirming a 1.5km mineralized footprint and strong extension potential.

• Multiple catalysts ahead: feasibility studies, resource upgrades, permitting, and project financing.

• Platform supports near-term production and medium-term scale, with optionality for M&A, toll milling, and further regional consolidation.