Barkerville Gold Mines Ltd.

Published : June 29th, 2016

Barkerville Gold Mines Intersects 30.98 G/T (0.90 Oz/T) Au Over 6.80 Metres In Cow Mountain Phase I Drilling — New Gold Extension Discovered

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Keywords :   9/11 | Equity Markets | Georgia | Gold | Gold Mines | Mines | Nsa | Standard |

Barkerville Gold Mines Intersects 30.98 G/T (0.90 Oz/T) Au Over 6.80 Metres In Cow Mountain Phase I Drilling — New Gold Extension Discovered

June 29th, 2016

VANCOUVER, BC- June 29, 2016 - Barkerville Gold Mines Ltd. (TSXV: BGM) (the 'Company' or 'BGM') is pleased to announce results from the Phase I drilling program on Cow Mountain at the Company's Cariboo Gold Project (CGP). The results of these drillholes are presented in Table 1. A drillhole location plan map and a longitudinal section are offered at the end of this release.

Drilling Highlights:

  • BGM-16-280: 12.51 g/t (0.36 oz/t) Au over 9.70 metres including 17.95 g/t (0.52 oz/t) Au over 1.50 metres and 98.50 g/t (2.87 oz/t) Au over 0.87 metres
  • BGM-16-298: 30.98 g/t (0.90 oz/t) Au over 6.80 metres including 52.94 g/t (1.54 oz/t) Au over 3.60 metres including 144.50 g/t (4.21 oz/t) Au over 1.10 metres and 15.85 g/t (0.46 oz/t) Au over 1.00 metres
  • BGM-16-307: 34.79 g/t (1.01 oz/t) Au over 5.00 metres including 113.00 g/t (3.30 oz/t) Au over 1.10 metres and 42.60 g/t (1.24 oz/t) Au over 1.10 metres
  • BGM-16-315: 28.40 g/t (0.83 oz/t) Au over 3.00 metres including 70.10 g/t (2.04 oz/t) Au over 1.20 metres
  • BGM-16-326: 31.67 g/t (0.92 oz/t) Au over 2.90 metres including 11.40 g/t (0.33 oz/t) Au over 0.50 metres including 112.50 g/t (3.28 oz/t) Au over 0.70 metres
  • BGM-16-333: 10.62 g/t (0.31 oz/t) Au over 9.30 metres including 23.78 g/t (0.69 oz/t) Au over 2.90 metres including 42.40 g/t (1.24 oz/t) Au over 1.00 metres and 29.70 g/t (0.87 oz/t) Au over 0.70 metres
  • BGM-16-347: 119.69 g/t (3.49 oz/t) Au over 2.55 metres including 216.93 g/t (6.33 oz/t) Au over 1.40 metres including 317.00 g/t (9.25 oz/t) Au over 0.90 metres
  • BGM-16-349: 21.41 g/t (0.62 oz/t) Au over 5.90 metres including 50.90 g/t (1.48 oz/t) Au over 1.50 metres including 71.10 g/t (2.07 oz/t) Au over 0.70 metres
  • BGM-16-352: 28.45 g/t (0.83 oz/t) Au over 5.00 metres including 44.05 g/t (1.28 oz/t) Au over 3.00 metres including 43.50 g/t (1.27 oz/t) Au over 1.50 metres and 44.60 g/t (1.30 oz/t) Au over 1.50 metres
  • BGM-16-359: 22.84 g/t (0.67 oz/t) Au over 8.05 metres including 53.57 g/t (1.56 oz/t) Au over 2.65 metres including 66.20 g/t (1.93 oz/t) Au over 1.45 metres and 38.30 g/t (1.12 oz/t) Au over 1.20 metres

Note: Reported core lengths represent 50-75% true widths.

Phase I Drilling

The initial 30,000 metre (18,452 metres completed), Phase I drilling program on Cow Mountain was exclusively intended to upgrade areas of geological uncertainty and secondly to augment the geological model in areas that were entirely devoid of historical drilling. The Pinkerton, Sanders, Rainbow
and No. 1 Zones have been drilled in the near surface by previous operators at a sufficient hole spacing as to demonstrate a high degree of geological confidence and as such were not the focus of this first drilling campaign. In total, 101 drillholes have been completed to date on approximately 50 metre centres throughout select areas of Cow Mountain.

New High Grade Gold Extension Discovered

A previously undeveloped and unexplored area of gold-bearing quartz veins hosted between the Sanders and Rainbow Zones at approximately 250 metres vertical depth below surface has been identified during the Phase I program:

  • BGM-15-325 9.70 g/t (0.28 oz/t) Au over 7.35 metres including 28.50 g/t (0.83 oz/t) Au over 0.50 metres and 9.60 g/t (0.28 oz/t) Au over 0.50 metres and 44.60 g/t (1.30 oz/t) Au over 1.00 metres
  • BGM-16-326 31.67 g/t (0.92 oz/t) Au over 2.90 metres including 11.40 g/t (0.33 oz/t) Au over 0.50 metres and 112.50 g/t (3.28 oz/t) Au over 0.70 metres
  • BGM-16-340 5.70 g/t (0.17 oz/t) Au over 10.00 metres including 12.70 g/t (0.37 oz/t) Au over 3.40 metres and 30.30 g/t (0.88 oz/t) Au over 0.50 metres and 18.50 g/t (0.54 oz/t) Au over 0.50 metres and 14.70 g/t (0.43 oz/t) Au over 0.50 metres
  • BGM-16-361 6.46 g/t (0.19 oz/t) Au over 12.70 metres including 20.94 g/t (0.61 oz/t) Au over 2.40 metres including 20.20 g/t (0.59 oz/t) Au over 0.70 metres and 47.50 g/t (1.39 oz/t) Au over 0.70 metres

Note: Reported core lengths represent 50-75% true widths.

Drilling in this new extension has now defined a corridor of auriferous quartz veins with a strike length of approximately 140 metres and was targeted because of a scarcity of historical drilling in this location. These new mineralized vein sets are untested at depth and also along strike to the northwest and have only been drilled on widely spaced 50 metre centres.

Current Status

With three drill rigs on Cow Mountain, the budgeted 30,000 metre Phase I campaign is continuing and preferentially concentrated on optimizing the continuity of gold mineralization in the near surface.

Mr. Chris Lodder, President of the Company noted, 'The results to date from the Phase I program that targeted areas that lacked any historical drillholes is very positive. Not only have we identified a new mineralized extension with high exploration potential that is untested at depth, but we have also added additional gold mineralization across the extents of Cow Mountain'.

Qualified Persons

Exploration activities at the Cariboo Gold Project are jointly administered on site by the Company's Project Managers Maggie Layman, P.Geo. and Wanda Carter, P.Geo. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance - Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company's secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by
Paul Geddes, P.Geo, Vice President Exploration of the Company.

Drill core samples are submitted to ALS Geochemistry's analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 5ppb and upper limit of 10,000ppb. Samples with gold assays greater than 10,000ppb are re-analyzed using 50g fire assay with gravimetric finish, as well as 1,000g screen metallic fire assay. Samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

For further information on Barkerville Gold Mines Limited please contact:

Tom Obradovich
Chief Executive Officer
(416) 361-2511
[email protected]

About Barkerville Gold Mines Ltd.

The company is focused on developing its extensive land package located in the historical Cariboo Mining District of central British Columbia. BGM's mineral tenures cover 1,164 square kilometres along a strike length of 60 kilometres which includes several past producing hard rock mines of the historic Barkerville Gold Mining Camp near the town of Wells, British Columbia. The QR Project, located approximately 110 kilometres by highway and all weather road from Wells was acquired by BGM in 2010 and boasts a fully permitted 900 tonne/day gold milling and tailings facility. Test mining of the Bonanza Ledge open pit was completed in March of 2015 with 91,489 tonnes of ore milled producing 25,464 ounces of gold. BGM has completed a number of drilling and exploration programs over the past 20 years and is currently compiling this data with all historical information in order develop geologic models which will assist new management and provide the framework to continue to explore the Cariboo Gold Project. An extensive drill program is currently underway with the goal of delineating additional high grade gold mineralization.

Cautionary Statement on Forward -Looking Information

Neither the TSX Venture Exchange ('TSXV') nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Table 1: Length weighted gold composites for drillholes BGM-16-261 through BGM-16-361:

HOLE-ID

FROM

TO

LENGTH

AU G/T

AU OZ/T

BGM-16-261

NSA

BGM-16-262

NSA

BGM-16-263

58.50

60.00

1.50

10.30

0.30

BGM-16-263

127.45

128.20

0.75

166.50

4.86

BGM-16-264

29.50

33.50

4.00

17.02

0.50

INCLUDING

29.50

30.65

1.15

18.75

0.55

AND

30.65

31.95

1.30

24.80

0.72

AND

33.00

33.50

0.50

28.20

0.82

BGM-16-264

119.40

119.90

0.50

86.50

2.52

BGM-16-264

174.00

178.10

4.10

13.55

0.40

INCLUDING

174.00

175.50

1.50

25.20

0.74

AND

177.00

178.10

1.10

15.60

0.46

BGM-16-265

74.50

75.50

1.00

9.06

0.26

BGM-16-266

NSA

BGM-16-267

NSA

BGM-16-268

21.00

22.50

1.50

5.46

0.16

BGM-16-268

34.00

37.00

3.00

5.24

0.15

INCLUDING

36.00

37.00

1.00

9.67

0.28

BGM-16-269

31.00

33.50

2.50

5.46

0.16

INCLUDING

31.00

32.00

1.00

11.35

0.33

BGM-16-270

42.00

42.50

0.50

22.90

0.67

BGM-16-270

47.00

48.00

1.00

9.07

0.26

BGM-16-271

ABANDONED

BGM-16-272

NSA

BGM-16-273

51.05

52.30

1.25

19.15

0.56

BGM-16-273

119.00

122.05

3.05

17.84

0.52

INCLUDING

120.00

120.65

0.65

22.60

0.66

AND

120.65

122.05

1.40

23.20

0.68

BGM-16-273

140.50

141.00

0.50

22.90

0.67

BGM-16-274

NSA

BGM-16-275

NSA

BGM-16-276

72.00

74.20

2.20

10.08

0.29

INCLUDING

72.70

74.20

1.50

13.85

0.40

BGM-16-277

13.00

14.40

1.40

9.92

0.29

BGM-16-277

52.00

53.50

1.50

5.05

0.15

BGM-16-278

NSA

BGM-16-279

`

NSA

BGM-16-280

6.70

33.40

26.70

1.03

0.03

BGM-16-280

42.50

43.80

1.30

38.20

1.11

BGM-16-280

52.50

55.30

2.80

18.42

0.54

INCLUDING

53.30

54.20

0.90

22.90

0.67

AND

54.20

55.30

1.10

26.80

0.78

BGM-16-280

61.80

71.50

9.70

12.51

0.36

INCLUDING

64.50

66.00

1.50

17.95

0.52

AND

68.63

69.50

0.87

98.50

2.87

BGM-16-280

86.50

89.00

2.50

10.40

0.30

INCLUDING

86.50

87.50

1.00

8.37

0.24

AND

87.50

89.00

1.50

11.75

0.34

BGM-16-281

221.40

221.90

0.50

25.40

0.74

BGM-16-282

53.95

55.20

1.25

7.17

0.21

BGM-16-282

79.00

85.50

6.50

15.03

0.44

INCLUDING

79.00

80.00

1.00

50.00

1.46

AND

82.50

84.00

1.50

30.10

0.88

BGM-16-283

48.50

50.00

1.50

51.80

1.51

BGM-16-283

53.00

54.50

1.50

39.60

1.16

BGM-16-284

23.95

25.70

1.75

14.66

0.43

INCLUDING

23.95

24.70

0.75

9.40

0.27

AND

24.70

25.20

0.50

36.30

1.06

BGM-16-285

130.35

131.20

0.85

10.90

0.32

BGM-16-286

NSA

BGM-16-287

156.20

157.00

0.80

42.80

1.25

BGM-16-287

172.50

173.20

0.70

13.20

0.39

BGM-16-288

173.00

183.50

10.50

3.76

0.11

INCLUDING

173.00

174.50

1.50

13.15

0.38

AND

180.50

181.10

0.60

7.44

0.22

AND

182.40

183.50

1.10

12.80

0.37

BGM-16-289

100.10

101.00

0.90

14.95

0.44

BGM-16-289

119.00

125.00

6.00

8.79

0.26

INCLUDING

121.80

125.00

3.20

14.70

0.43

INCLUDING

121.80

122.30

0.50

16.80

0.49

AND

123.60

124.10

0.50

38.70

1.13

AND

124.10

125.00

0.90

15.65

0.46

BGM-16-289

155.60

156.20

0.60

11.15

0.33

BGM-16-290

NSA

BGM-16-291

NSA

BGM-16-292

104.55

105.30

0.75

9.37

0.27

BGM-16-292

153.30

153.90

0.60

23.10

0.67

BGM-16-293

NSA

BGM-16-294

103.00

104.00

1.00

8.00

0.23

BGM-16-295

160.50

161.00

0.50

24.10

0.70

BGM-16-296

59.95

60.55

0.60

74.10

2.16

BGM-16-297

9.50

14.00

4.50

10.76

0.31

INCLUDING

11.00

12.50

1.50

31.20

0.91

BGM-16-297

73.50

75.50

2.00

34.16

1.00

INCLUDING

73.50

74.20

0.70

96.90

2.83

BGM-16-297

133.50

135.00

1.50

6.50

0.19

BGM-16-298

41.00

42.50

1.50

5.49

0.16

BGM-16-298

51.50

53.00

1.50

6.34

0.18

BGM-16-298

200.30

201.00

0.70

6.17

0.18

BGM-16-298

204.50

211.30

6.80

30.98

0.90

INCLUDING

204.50

205.40

0.90

21.70

0.63

AND

207.70

211.30

3.60

52.94

1.54

INCLUDING

207.70

208.80

1.10

144.50

4.21

AND

208.80

209.80

1.00

15.85

0.46

AND

210.80

211.30

0.50

16.00

0.47

BGM-16-298

224.20

225.80

1.60

11.60

0.34

INCLUDING

224.20

225.00

0.80

12.70

0.37

AND

225.00

225.80

0.80

10.50

0.31

BGM-16-299

153.55

154.15

0.60

24.60

0.72

BGM-16-300

52.50

55.50

3.00

10.76

0.31

INCLUDING

53.00

54.50

1.50

26.30

0.77

BGM-16-300

74.00

76.50

2.50

11.67

0.34

INCLUDING

75.50

76.50

1.00

27.50

0.80

BGM-16-301

98.50

99.50

1.00

8.27

0.24

BGM-16-302

55.50

56.40

0.90

41.00

1.20

BGM-16-302

81.30

87.40

6.10

3.77

0.11

INCLUDING

81.30

82.00

0.70

11.95

0.35

AND

85.00

86.00

1.00

7.01

0.20

BGM-16-303

79.10

82.15

3.05

12.17

0.36

INCLUDING

79.10

80.20

1.10

13.20

0.39

AND

81.55

82.15

0.60

29.10

0.85

BGM-16-303

94.00

94.50

0.50

52.60

1.53

BGM-16-304

107.00

108.15

1.15

9.60

0.28

BGM-16-305

33.50

34.00

0.50

16.70

0.49

BGM-16-305

95.95

96.65

0.70

8.79

0.26

BGM-16-306

188.20

188.80

0.60

92.40

2.70

BGM-16-306

198.50

199.00

0.50

61.60

1.80

BGM-16-307

131.30

132.00

0.70

6.05

0.18

BGM-16-307

138.00

152.40

14.40

3.80

0.11

INCLUDING

141.00

142.50

1.50

20.60

0.60

AND

150.85

151.40

0.55

23.10

0.67

BGM-16-307

165.50

170.00

4.50

5.52

0.16

INCLUDING

166.52

167.00

0.48

33.50

0.98

AND

169.50

170.00

0.50

13.30

0.39

BGM-16-307

185.00

190.00

5.00

34.79

1.01

INCLUDING

186.30

187.40

1.10

113.00

3.30

AND

187.40

188.50

1.10

42.60

1.24

BGM-16-307

197.70

198.20

0.50

60.10

1.75

BGM-16-308

NSA

BGM-16-309

347.60

348.15

0.55

13.10

0.38

BGM-16-310

130.50

131.50

1.00

37.50

1.09

BGM-16-311

27.50

37.50

10.00

6.36

0.19

INCLUDING

27.50

30.00

2.50

21.40

0.62

INCLUDING

27.50

28.75

1.25

27.80

0.81

AND

28.75

30.00

1.25

15.00

0.44

BGM-16-312

26.50

27.40

0.90

11.60

0.34

BGM-16-312

30.00

31.00

1.00

6.84

0.20

BGM-16-312

34.00

35.00

1.00

10.55

0.31

BGM-16-312

43.15

44.15

1.00

9.57

0.28

BGM-16-312

62.70

63.85

1.15

8.90

0.26

BGM-16-313

7.00

8.50

1.50

24.70

0.72

BGM-16-314

25.50

27.00

1.50

17.40

0.51

BGM-16-315

65.00

68.00

3.00

28.40

0.83

INCLUDING

65.00

66.20

1.20

70.10

2.04

BGM-16-316

84.00

86.00

2.00

22.27

0.65

INCLUDING

85.00

86.00

1.00

43.10

1.26

BGM-16-316

134.15

144.50

10.35

6.76

0.20

INCLUDING

134.15

135.00

0.85

28.60

0.83

AND

140.80

142.00

1.20

31.10

0.91

BGM-16-316

170.70

171.80

1.10

8.95

0.26

BGM-16-317

8.80

9.80

1.00

35.20

1.03

BGM-16-318

8.60

17.30

8.70

5.19

0.15

INCLUDING

8.60

9.65

1.05

7.98

0.23

AND

16.75

17.30

0.55

64.20

1.87

BGM-16-318

76.00

76.60

0.60

7.84

0.23

BGM-16-318

128.00

129.55

1.55

23.40

0.68

BGM-16-319

NSA

BGM-16-320

105.97

106.95

0.98

19.40

0.57

BGM-16-320

114.40

115.20

0.80

7.70

0.22

BGM-16-321

105.00

108.00

3.00

15.47

0.45

INCLUDING

105.00

106.50

1.50

23.80

0.69

AND

106.50

108.00

1.50

7.14

0.21

BGM-16-321

164.50

165.50

1.00

107.00

3.12

BGM-16-322

NSA

BGM-16-323

NSA

BGM-16-324

125.50

127.00

1.50

95.30

2.78

INCLUDING

125.50

126.20

0.70

24.80

0.72

AND

126.20

127.00

0.80

157.00

4.58

BGM-16-325

117.50

118.00

0.50

73.40

2.14

BGM-16-325

295.85

303.20

7.35

9.70

0.28

INCLUDING

295.85

296.35

0.50

28.50

0.83

AND

301.70

302.20

0.50

9.60

0.28

AND

302.20

303.20

1.00

44.60

1.30

BGM-16-326

251.50

252.00

0.50

9.18

0.27

BGM-16-326

263.00

263.50

0.50

7.87

0.23

BGM-16-326

269.00

269.50

0.50

11.05

0.32

BGM-16-326

296.00

298.90

2.90

31.67

0.92

INCLUDING

296.50

297.00

0.50

11.40

0.33

AND

298.20

298.90

0.70

112.50

3.28

BGM-16-327

11.00

11.50

0.50

36.30

1.06

BGM-16-327

29.50

30.00

0.50

46.30

1.35

BGM-16-328

9.00

10.50

1.50

23.50

0.69

BGM-16-329

45.70

46.45

0.75

15.20

0.44

BGM-16-329

133.00

134.00

1.00

7.70

0.22

BGM-16-330

77.00

78.50

1.50

9.10

0.27

BGM-16-330

88.85

89.40

0.55

34.30

1.00

BGM-16-331

159.65

164.85

5.20

6.40

0.19

INCLUDING

159.65

160.40

0.75

39.00

1.14

BGM-16-332

78.50

81.60

3.10

19.29

0.56

INCLUDING

78.50

79.50

1.00

30.00

0.88

AND

79.50

80.50

1.00

16.50

0.48

AND

80.50

81.60

1.10

12.10

0.35

BGM-16-332

91.60

92.60

1.00

33.90

0.99

BGM-16-332

144.50

146.00

1.50

22.20

0.65

BGM-16-333

30.10

39.40

9.30

10.62

0.31

INCLUDING

30.10

33.00

2.90

23.78

0.69

INCLUDING

30.10

31.10

1.00

42.40

1.24

AND

32.30

33.00

0.70

29.70

0.87

BGM-16-333

38.70

39.40

0.70

40.80

1.19

BGM-16-334

114.50

116.00

1.50

7.01

0.20

INCLUDING

115.30

116.00

0.70

10.00

0.29

BGM-16-335

25.46

26.85

1.39

16.52

0.48

INCLUDING

25.46

26.00

0.54

38.50

1.12

BGM-16-335

37.55

38.80

1.25

9.42

0.27

BGM-16-335

56.60

64.00

7.40

4.88

0.14

INCLUDING

59.00

64.00

5.00

6.58

0.19

INCLUDING

59.00

60.00

1.00

9.62

0.28

AND

62.55

64.00

1.45

15.20

0.44

BGM-16-335

90.65

92.00

1.35

7.34

0.21

BGM-16-336

33.10

34.00

0.90

78.70

2.30

BGM-16-336

83.30

83.80

0.50

22.60

0.66

BGM-16-336

92.00

93.00

1.00

16.70

0.49

BGM-16-336

106.00

107.50

1.50

7.46

0.22

BGM-16-337

38.45

38.95

0.50

33.20

0.97

BGM-16-337

52.90

53.75

0.85

27.20

0.79

BGM-16-337

66.40

74.40

8.00

7.60

0.22

INCLUDING

66.40

67.55

1.15

29.40

0.86

AND

73.05

74.40

1.35

13.00

0.38

BGM-16-338

52.00

59.00

7.00

2.64

0.08

BGM-16-338

55.60

56.60

1.00

7.31

0.21

BGM-16-338

139.30

140.00

0.70

10.60

0.31

BGM-16-339

NSA

BGM-16-340

261.90

271.90

10.00

5.70

0.17

INCLUDING

268.50

271.90

3.40

12.70

0.37

AND

268.50

269.00

0.50

30.30

0.88

AND

269.00

269.50

0.50

18.50

0.54

AND

270.25

270.90

0.65

15.40

0.45

AND

271.40

271.90

0.50

14.70

0.43

BGM-16-341

116.40

117.10

0.70

26.40

0.77

BGM-16-341

122.00

122.50

0.50

8.90

0.26

BGM-16-341

160.60

161.10

0.50

20.50

0.60

BGM-16-341

246.00

246.50

0.50

11.40

0.33

BGM-16-341

265.50

266.50

1.00

10.30

0.30

BGM-16-342

53.25

53.90

0.65

12.80

0.37

BGM-16-343

NSA

BGM-16-344

ABANDONED

BGM-16-345

99.40

100.20

0.80

14.80

0.43

BGM-16-345

194.00

195.50

1.50

16.30

0.48

BGM-16-346

ABANDONED

BGM-16-347

89.45

92.00

2.55

119.69

3.49

INCLUDING

89.45

90.85

1.40

216.93

6.33

INCLUDING

89.45

90.35

0.90

317.00

9.25

AND

90.35

90.85

0.50

36.80

1.07

BGM-16-348

83.80

84.60

0.80

9.31

0.27

BGM-16-349

171.50

177.40

5.90

21.41

0.62

INCLUDING

171.50

173.00

1.50

50.90

1.48

AND

176.70

177.40

0.70

71.10

2.07

BGM-16-350

121.00

121.50

0.50

33.20

0.97

BGM-16-350

125.00

126.25

1.25

12.50

0.36

BGM-16-351

162.90

164.00

1.10

10.40

0.30

BGM-16-352

75.00

80.00

5.00

28.45

0.83

INCLUDING

75.50

78.50

3.00

44.05

1.28

INCLUDING

75.50

77.00

1.50

43.50

1.27

AND

77.00

78.50

1.50

44.60

1.30

BGM-16-353

281.90

282.90

1.00

12.60

0.37

BGM-16-354

ABANDONED

BGM-16-355

119.35

119.90

0.55

41.40

1.21

BGM-16-356

NSA

BGM-16-357

115.40

116.30

0.90

10.00

0.29

BGM-16-357

137.30

137.85

0.55

54.30

1.58

BGM-16-358

66.00

67.50

1.50

42.90

1.25

BGM-16-359

51.40

52.00

0.60

9.80

0.29

BGM-16-359

93.50

95.45

1.95

13.52

0.39

INCLUDING

94.75

95.45

0.70

28.20

0.82

BGM-16-359

114.50

116.00

1.50

13.50

0.39

BGM-16-359

123.15

124.40

1.25

210.00

6.13

BGM-16-359

146.30

147.60

1.30

9.08

0.26

BGM-16-359

168.45

176.50

8.05

22.84

0.67

INCLUDING

168.45

171.10

2.65

53.57

1.56

INCLUDING

168.45

169.90

1.45

66.20

1.93

AND

169.90

171.10

1.20

38.30

1.12

BGM-16-360

112.80

113.50

0.70

6.70

0.20

BGM-16-360

119.65

120.20

0.55

11.30

0.33

BGM-16-361

203.00

206.50

3.50

8.96

0.26

INCLUDING

204.00

205.00

1.00

24.60

0.72

BGM-16-361

242.30

255.00

12.70

6.46

0.19

INCLUDING

250.30

252.70

2.40

20.94

0.61

INCLUDING

250.30

251.00

0.70

20.20

0.59

AND

252.00

252.70

0.70

47.50

1.39

Notes:

  • Core lengths represent 50-75% true widths. Rock not recovered by drilling was assigned zero grade and not included in the composites. Top cuts have not been applied to high grade assays. Conversion factor: 1.0 oz/t = 34.2857 g/t.
  • NSA - No Significant Assays.

Table 2: Drillhole Collar Orientations

HOLE-ID

AZIMUTH

DIP

HOLE-ID

AZIMUTH

DIP

HOLE-ID

AZIMUTH

DIP

BGM-16-261

175.7

-45.1

BGM-16-295

167.7

-60.0

BGM-16-329

167.9

-69.9

BGM-16-262

175.0

-65.1

BGM-16-296

172.3

-46.0

BGM-16-330

352.0

-49.6

BGM-16-263

177.0

-45.0

BGM-16-297

175.5

-44.8

BGM-16-331

351.1

-69.5

BGM-16-264

177.9

-64.1

BGM-16-298

174.1

-59.9

BGM-16-332

172.8

-43.7

BGM-16-265

175.6

-44.8

BGM-16-299

175.5

-70.0

BGM-16-333

169.6

-57.3

BGM-16-266

175.9

-64.8

BGM-16-300

171.3

-60.0

BGM-16-334

168.5

-71.5

BGM-16-267

176.0

-46.0

BGM-16-301

168.1

-70.2

BGM-16-335

171.2

-45.5

BGM-16-268

172.9

-60.0

BGM-16-302

169.6

-45.5

BGM-16-336

168.5

-45.0

BGM-16-269

173.0

-70.0

BGM-16-303

173.4

-60.0

BGM-16-337

166.3

-56.4

BGM-16-270

176.7

-50.4

BGM-16-304

174.7

-70.1

BGM-16-338

166.2

-68.7

BGM-16-271

178.0

-59.9

BGM-16-305

173.2

-44.5

BGM-16-339

171.0

-46.3

BGM-16-272

176.1

-60.3

BGM-16-306

173.6

-60.4

BGM-16-340

170.8

-60.9

BGM-16-273

174.3

-49.1

BGM-16-307

173.8

-70.0

BGM-16-341

169.0

-69.8

BGM-16-274

171.2

-69.6

BGM-16-308

174.9

-44.9

BGM-16-342

172.1

-44.8

BGM-16-275

178.5

-45.0

BGM-16-309

175.7

-59.2

BGM-16-343

166.0

-72.6

BGM-16-276

177.0

-59.6

BGM-16-310

174.3

-71.6

BGM-16-344

137.3

-44.6

BGM-16-277

174.0

-69.9

BGM-16-311

172.8

-45.3

BGM-16-345

135.5

-44.5

BGM-16-278

176.7

-70.2

BGM-16-312

175.7

-59.3

BGM-16-346

162.6

-44.7

BGM-16-279

173.9

-44.7

BGM-16-313

175.1

-66.1

BGM-16-347

166.3

-45.0

BGM-16-280

171.9

-64.9

BGM-16-314

169.7

-45.0

BGM-16-348

163.9

-44.0

BGM-16-281

166.8

-45.8

BGM-16-315

166.2

-68.6

BGM-16-349

127.5

-54.9

BGM-16-282

169.2

-46.0

BGM-16-316

358.9

-48.3

BGM-16-350

163.4

-60.2

BGM-16-283

175.4

-46.2

BGM-16-317

173.1

-45.4

BGM-16-351

161.7

-70.3

BGM-16-284

176.8

-60.0

BGM-16-318

132.0

-45.1

BGM-16-352

172.6

-45.4

BGM-16-285

175.8

-69.5

BGM-16-319

135.5

-65.7

BGM-16-353

173.0

-59.0

BGM-16-286

173.8

-48.0

BGM-16-320

170.6

-45.6

BGM-16-354

170.7

-69.8

BGM-16-287

174.5

-44.8

BGM-16-321

129.8

-52.5

BGM-16-355

178.6

-43.9

BGM-16-288

174.8

-59.9

BGM-16-322

129.7

-59.6

BGM-16-356

177.4

-59.2

BGM-16-289

176.1

-69.2

BGM-16-323

169.4

-60.1

BGM-16-357

356.5

-65.3

BGM-16-290

171.4

-44.8

BGM-16-324

168.4

-45.4

BGM-16-358

174.3

-45.1

BGM-16-291

174.1

-45.1

BGM-16-325

168.7

-59.7

BGM-16-359

175.8

-60.5

BGM-16-292

177.8

-61.0

BGM-16-326

166.8

-70.9

BGM-16-360

176.4

-70.5

BGM-16-293

173.0

-69.6

BGM-16-327

168.1

-53.8

BGM-16-361

168.6

-69.6

BGM-16-294

169.6

-45.1

BGM-16-328

169.1

-65.0


[Attachment]

[Attachment]

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Barkerville Gold Mines Ltd.

PRODUCER
CODE : BGM.V
ISIN : CA0676421088
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Barkerville Gold Mines is a gold producing company based in .

Barkerville Gold Mines holds various exploration projects in Canada.

Its main assets in production are QR and BONANZA LEDGE in Canada, its main asset in development is CARIBOO in Canada and its main exploration properties are BARKERVILLE MOUNTAIN, MUCHO ORO ZONE, PROMISE and MYRTLE-PROSERPINE in Canada.

Barkerville Gold Mines is listed in Canada. Its market capitalisation is CA$ 136.0 millions as of today (US$ 102.5 millions, € 93.0 millions).

Its stock quote reached its highest recent level on April 14, 2000 at CA$ 2.80, and its lowest recent point on January 02, 2009 at CA$ 0.01.

Barkerville Gold Mines has 335 780 000 shares outstanding.

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Annual reports of Barkerville Gold Mines Ltd.
2009 Annual Report
2008 Annual report
Financings of Barkerville Gold Mines Ltd.
7/19/2011Receives $8,529,375 From Warrant Exercise-All Warrants From ...
5/18/2006First tranche of private placement closes
Project news of Barkerville Gold Mines Ltd.
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8/15/2013Barkerville Gold Mines Ltd. Project Update
6/19/2013Barkerville Gold Mines Ltd. Announces Updated Resource Estim...
5/11/2013(Cariboo)Provides Technical Update on Cariboo Gold Project
4/5/2013(Cariboo)Provides Technical Update on Cariboo Gold Project
6/21/2012Barkerville Gold Mines Receives Environmental Approval at QR...
3/21/2012Barkerville Gold Mines Reports Remaining 2011 Drill Results
2/29/2012Barkerville Gold Mines Summarizes 2012 Exploration Work and ...
2/15/2012Barkerville Gold Mines Intercepts 27.4 meters (90.0 feet) of...
2/15/2012Barkerville Gold Mines Intercepts 27.4 Meters (90.0 Feet) of...
12/6/2011Barkerville Gold Mines Receives Provincial Government Approv...
5/26/2011(Barkerville Mountain)Assays Gold in First 10 Diamond Drill Holes for 2011 on The ...
5/13/2011(Myrtle-proserpine)Acquisition of Myrtle-Proserpine and Promise Properties
4/7/2011(Bonanza Ledge)Provides Update on the Permitting of the Bonanza Ledge Mine
3/22/2011(Barkerville Mountain)First Diamond Drilling Assay at New Discovery on Barkerville...
2/14/2011(Barkerville Mountain)Extends New Discovery Zone on Barkerville Mountain to 125 Me...
5/3/2006(Bonanza Ledge)Preliminary assessment report & application for mine permit ...
4/19/2006(Bonanza Ledge)drilling continues at the Cariboo gold project
Corporate news of Barkerville Gold Mines Ltd.
7/6/2016Barkerville Gold Mines Provides Corporate Update
6/29/2016Barkerville Gold Mines Intersects 30.98 G/T (0.90 Oz/T) Au O...
6/21/2016Barkerville Gold Announces Change of Year-End
6/9/2016Barkerville Gold Mines Intersects 9.97 G/T (0.29 Oz/T) Gold ...
6/3/2016Barkerville Gold Mines Acquires Nugget Mountain Claims
5/2/2016Barkerville Gold and Williams Creek Gold Enter Into Arrangem...
4/26/2016Barkerville Gold Mines Closes $15.5 Million Bought Deal Priv...
4/21/2016Barkerville Gold Mines Provides Outlook and Corporate Update...
4/8/2016Barkerville Gold Mines to Defend Lawsuit
4/4/2016Barkerville Announces $13.5 Million Bought Deal Private Plac...
1/22/2016Barkerville Gold Mines Files Amended Financial Statements an...
1/7/2016Barkerville Gold Mines Intersects 43.48 G/T (1.27 OZ/T) AU O...
12/24/2015Barkerville Gold Mines Closes $6Million Flow-Through Share O...
12/16/2015Barkerville Gold Mines Identifies New High Grade Vein Trend ...
12/2/2015Barkerville Gold Mines Announces Flow-Through Unit Offering ...
11/30/2015Barkerville Gold Mines Enters into Letter Agreement with Osi...
10/30/2015Barkerville Gold Mines Files Amended Financial Statements an...
10/20/2015BGM Announces Discovery of Two Additional High Grade Gold Ho...
10/14/2015Barkerville Gold Mines Grants Stock Options
9/15/2015BGM Discovers New High Grade Gold Horizon on Barkerville Mou...
9/2/2015Barkerville Gold Mines Enters into Settlement Agreement
7/29/2015Barkerville Gold Mines Announces Strategic Relationship with...
7/28/2015BGM Announces First Drilling Results from Phase I Program on...
7/28/2015Barkerville Gold Mines Files Amended Financial Statements an...
7/15/2015Barkerville Gold Mines Closes $19Million Debt Settlement and...
7/8/2015Barkerville Gold Mines Announces Settlement of Debt and Crea...
4/9/2015Barkerville Gold Mines Announces Results of AGM
3/31/2015Barkerville Gold Mines Updates Cow Mountain Mineral Resource
3/23/2015Barkerville Announces Debt Settlement with Lender
3/17/2015Barkerville Gold Mines Provides Corporate Update
3/10/2015Barkerville Announces Executive Appointment
1/13/2015Executive Officer Appointments
12/16/2014Barkerville Announces Director Appointments
12/2/2014Barkerville Announces Further Extension to Credit Facility
11/4/2014Barkerville Gold Mines Reports Whole Hole Fire Assay Results...
10/28/2014Island Mountain Project Update
10/21/2014Barkerville Gold Mines Reports That a New Gold Mineralized Z...
3/13/2014Barkerville Closes Initial Tranche Of Private Placement
2/24/2014Barkerville Gold Mines Reports Whole Hole Metallic Screen Fi...
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11/4/2013Barkerville Gold Mines Reports Significant Intercepts of 201...
10/24/2013Barkerville Gold Mines Ltd. Pricing on Warrants and Grant of...
10/9/2013Closes $15 Million Gold Loan Facility and Common Shares Are ...
8/21/2013Barkerville Gold Mines Ltd. Clarifies And Updates Its Most R...
8/12/2013Barkerville Gold Mines Ltd. Arranges Short Term Loan
4/18/2013Announces Results of AGM
2/19/2013Approves Advanced Notice Policy
1/30/2013Resolves Shareholder Petition Respecting AGM and Pours Gold ...
1/15/2013Provides Project and Technical Update
12/10/2012Extension to Hold AGM and Petition by Rex Harbour to Call AG...
11/5/2012Provides Additional Update on its Technical Review and Proje...
10/20/2012Provides Update on its Technical Review
8/7/2012Be Advised - Barkerville Gold Mines - the next Goldcorp?????...
12/13/2011Barkerville Gold Mines Intercepts 62.3 meters (204.5 feet) o...
6/27/2011Intersects 19.9 Meters (65.4 Feet) of 83 g/t (2.429 oz/t) Go...
6/15/2011(Bonanza Ledge)Appoints Ross Hollinger as Mine Manager For Bonanza Ledge an...
6/2/2011(Myrtle-proserpine)Closes Acquisition of Myrtle-Proserpine and Promise Properti...
5/27/2011Barkerville Gold Mines
2/1/2011Releases Q3 Financials
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Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19-7.32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.85-2.63%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.83+0.78%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :