Australia's Barton Gold jumps on agreements to test exploration tech

Barton Gold Holdings

06/10/2021 01:40

** Shares of Barton Gold  BGD.AX  rise as much as 6.3% to
A$0.170, their biggest intraday pct gain since Sept. 23 
    ** The gold miner says it signed collaboration agreements
with the Commonwealth Scientific and Industrial Research
Organisation   urn:newsml:reuters.com:*:nASX1l8YH8
    ** Under the deal, parties will trial new and advanced
geochemical and machine learning techniques at the Tarcoola Gold
Project in Adelaide, South Australia 
    ** Objectives are to optimise sampling, make more effective
use of resources, generate faster results - BGD
    ** Programs part of the works co-funded by Govt of South
Australia under co's recently awarded A$300,000 Accelerated
Discovery Initiative
    ** BGD down 20.9% since market debut on June 28 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))