Up 87% in a year, why is this ASX All Ords gold stock leaping higher again on Monday?

ASX All Ords gold stock Barton Gold Holdings Ltd (ASX: BGD) is charging higher today.

Barton Gold shares closed on Friday trading for 97 cents. At the time of writing, shares are changing hands for 97 cents apiece, up 3.2%.

For some context, the All Ordinaries Index (ASX: XAO) is down 0.3% at this same time.

Taking a step back, Barton Gold shares are up 86.5% over 12 months, racing ahead of the 9.3% one-year gains posted by the benchmark index.

Here’s what’s piquing investor interest today.

ASX All Ords gold stock lifts on mining progress

Barton Gold shares are outperforming following the release of the miner’s March quarter update, detailing progress at its three gold projects, all located in South Australia.

Over the three months, the ASX All Ords gold stock completed 8,065 metres of reverse circulation (RC) drilling and 1,322 metres of diamond drilling at its Challenger Gold Project ahead of the definitive feasibility study (DFS).

Among the top assay results received at Challenger, Barton cited new high-grade mineralisation up to 170 grams of gold per tonne (g/t Au) in the pit wall.

The quarter also saw Barton Gold receive high-grade drill results from its Tunkillia Gold Project. The ASX All Ords gold stock now has three drilling rigs operating at Tunkillia, with a 30,000 metre RC drilling program underway for a Mineral Resources Estimate (MRE) upgrade in the open pit areas.

The miner said planning is also underway for follow up drilling at its Tolmer Silver Discovery.

As for potential diesel disruptions from the Middle East conflict, Barton Gold said it has secured diesel supplies for all its planned drilling programs during calendar year 2026. Barton is holding these supplies in its own storage facilities.

Turning to the balance sheet, as at 31 March the company had $13.3 million in cash and $4.5 million in interest bearing deposits.

What did Barton Gold management say?

Commenting on the results helping boost the ASX All Ords gold stock today, Barton Gold managing director Alexander Scanlon said, “We are steadily advancing Barton’s development strategy, focused on lower-cost, faster payback assets which provide a high degree of long-term regional optionality.”

Scanlon added, “Our existing infrastructure offers a material advantage.”

As for the miner’s growing silver exposure, Scanlon said:

We are also accelerating our emerging silver portfolio as a potentially significant contributor to our regional strategy. This includes work to upgrade Tunkillia’s 3.1-million-ounce silver Resource, and follow up drilling at our Tolmer Silver discovery, which in 2025 yielded the world’s highest-grade intersection of 6 metres @ 4,747 g/t Ag from only 46 metres (plus 4 metres @ 13.2 g/t Au in the same interval).

Both assets offer significant value and monetisation opportunities.

The post Up 87% in a year, why is this ASX All Ords gold stock leaping higher again on Monday? appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.