03/09/2020 - 08:37

Barton adds to corporate leadership group

03/09/2020 - 08:37

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Barton Gold has added to its management credentials with the key appointment of an experienced corporate executive as the Gawler Craton gold hopeful gears up for a possible IPO next year. Shannon Coates joins the Perth-based gold junior as Company Secretary with more than 25 years of experience under her belt in corporate law and compliance services to publicly listed companies across multiple jurisdictions.

Shannon Coates.

Unlisted aspiring Gawler Craton gold developer Barton Gold has added to its management credentials with the key appointment of an experienced corporate executive as it gears up for a possible IPO next year.

Managing Director of consultant corporate advisory services group Evolution Corporate Services, Shannon Coates joins the Perth-based gold junior Barton as Company Secretary with more than 25 years of experience under her belt in corporate law and compliance services to publicly listed companies across multiple jurisdictions.

Coates, a lawyer and chartered secretary, is also Company Secretary of several other ASX-listed companies, including Mincor Resources, Tap Oil and Nearmap, and is also a Non-Executive Director of Bellevue Gold.

Barton Gold Managing Director, Alexander Scanlon said: “Shannon is a well-regarded member of the Australian mining community and came highly recommended as the next addition to the Barton leadership team.”

“We are truly fortunate to gain her partnership and support as we move into these next stages of corporate development. Her skills are highly complementary to those of the Barton team and we are confident that her experience and insights will be invaluable to the company’s evolution.”

Barton recently completed an RC drilling program targeting extensions of the historic Perseverance open pit at its Tarcoola gold project in the Gawler Craton of South Australia.

The former Tarcoola mine was placed on care and maintenance two years ago and hosts the partially depleted Perseverance deposit.

Gold grades for Perseverance ore averaged about 4 grams per tonne in the final months of mining under previous owners in 2018.

The much-awaited assays from Barton’s phase one campaign, consisting of 37 RC holes totalling 5,238m, are expected this month.

Results from the Phase 1 and forthcoming Phase 2 infill drilling programs and the geological modelling to follow will go towards increasing the company’s understanding of the auriferous system that lurks beneath and along strike at Tarcoola.

This work is also set to culminate in a new Tarcoola resource estimate and potential mine plan.

Barton, eyeing an ASX listing next year, sees Tarcoola as a “walk-up restart” and hopes to build considerably on an existing non-JORC resource estimate for Tarcoola of 1.1 million tonnes at 1.58 g/t for 56,000 ounces of contained gold.

 

Is your ASX listed company doing something interesting? Contact: matt.birney@businessnews.com.au

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