Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Barkerville Gold Mines Ltd.

Published : January 11th, 2011

To Purchase Royalty Interests

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Gold Mine | Gold Mines | Gold Production |

 

Barkerville Gold to purchase royalty interests

 

 

 

 

 

Barkerville Gold Mines Ltd. (TSX VENTURE:BGM - News; FRANKFURT:IWUB - News; the "Company") announces that it has entered into letter agreements dated December 7, 2010 (the "Agreements") with Winta Resources Ltd., Bumper Development Corporation Ltd. and Kristen Snethun (collectively the "Royalty Holders") to purchase a collective 10% net profit interest royalty (the "Royalty") that is held by the Royalty Holders in the Cariboo Gold Quartz, Island Mountain and Mosquito Creek properties of the Company which are located in the Cariboo Mining Division of British Columbia (the "Acquisition"). Pursuant to the Agreements, the Company will issue an aggregate of 250,000 shares to the Royalty Holders for the purchase of the Royalty.

The Acquisition will be subject to certain conditions including TSX Venture Exchange approval.

About Barkerville Gold Mines Ltd.

The Company has been focused on exploration and development of gold projects in the Cariboo Mining District in central British Columbia since 1994. The Company's mineral tenures now cover over 1,225 square kilometers of mineral tenures encompassing 7 past producing hard rock mines and three NI43-101 gold deposits, including the QR Mine & Mill. The QR Mine & Mill was acquired in February 2010 and includes a 900 tonne/day gold milling facility and a permitted gold mine located approximately 110 kilometers by highway and all-weather road from the Barkerville Gold Camp. Mining operations commenced at QR in February and the Company began pouring dore gold in September of 2010. In November 2010, the Company acquired a second permitted mill currently on care and maintenance in Revelstoke, B.C. and plans to relocate it to the gold deposits in the Barkerville Gold Camp near Wells, B.C. and upgrade it to a 2,000-tonne/day facility subject to all approvals. The Company has not hedged any of its future gold production.

On behalf of the Board of Directors

J. Frank Callaghan, President and CEO

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events and conditions and therefore involve inherent risks and uncertainties. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. All phases of the Company's operations are subject to environmental regulation and governmental approval and permits and there can be no assurance that the Company will obtain all the requisite permits for future development. Mining is an inherently risky business with large capital expenditures and cyclical metals markets.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 

Companies Mentionned : Barkerville Gold Mines |
Data and Statistics for these countries :
Gold and Silver Prices for these countries :

Barkerville Gold Mines Ltd.

PRODUCER
CODE : BGM.V
ISIN : CA0676421088
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Barkerville Gold Mines is a producing gold 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$ 202.2 millions as of today (US$ 156.7 millions, € 138.7 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 293 085 668 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Barkerville Gold Mines Ltd.
2009 Annual Report
2008 Annual report
Financings of Barkerville Gold Mines Ltd.
11/25/2010Announces Closing of $5,000,000 Private Placement
11/15/2010Announces $5 Million Private Placement
5/18/2006First tranche of private placement closes
Project news of Barkerville Gold Mines Ltd.
8/12/2015Phase 1 drilling results extends mineralization and identifi...
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
2/15/2012Barkerville 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...
11/21/2011Barkerville Gold Mines Intercepts 17.6 meters (57.8 feet) of...
10/18/2011Barkerville Gold Mines Intercepts 21.5 meters (70.5 feet) of...
5/13/2011(Myrtle-proserpine)Acquisition of Myrtle-Proserpine and Promise Properties
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...
12/14/2010(Bonanza Ledge)Application to Commence Production at Bonanza Ledge Accepted...
12/9/2010(Bonanza Ledge)and Lhtako Dene Nation Sign Project Agreement to Develop Bon...
11/17/2010(Barkerville Mountain)Receives Drill Permits for Exploration on Barkerville Mounta...
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 ...
6/7/2016Barkerville Gold Mines Ltd. breached its 50 day moving avera...
6/3/2016Barkerville Gold Mines Acquires Nugget Mountain Claims
5/2/2016Barkerville Gold and Williams Creek Gold Enter Into Arrangem...
5/2/2016IIROC Trading Resumption - WCX; BGM
5/2/2016IIROC Trading Halt - BGM
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...
2/5/2016Osisko-Barkerville Close Royalty Financing and Private Place...
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...
11/23/2015BGM Intersects High Grade Gold at New Depths in BC Vein Phas...
11/20/2015Barkerville Gold Mines Ltd. Earnings Q2, 2016
11/11/2015BGM Reports Further High Grade Gold Results from Phase I Dri...
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...
6/29/2015Barkerville Gold Mines Closes Brokered Private Placement
6/23/2015Barkerville Gold Mines Closes $2Million Private Placement an...
6/18/2015Barkerville Gold Mines Announces Brokered and Non-Brokered P...
6/9/2015Barkerville Gold Mines Announces Brokered and Non-Brokered P...
5/15/2015BGM Announces Filing of Cow Mountain Technical Report on SED...
5/13/2015Barkerville Gold Mines Announces Appointment of Director and...
5/1/20152176423 Ontario Ltd. Announces Filing of Early Warning Repor...
4/23/2015Barkerville Gold Completes Bonanza Ledge Bulk Sample
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
11/26/2014Barkerville Gold Mines Reports Whole Hole Fire Assay Results...
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
3/12/2014Barkerville Gold Mines Reports the Startup of its QR Mill Fa...
2/24/2014Barkerville Gold Mines Reports Whole Hole Metallic Screen Fi...
12/16/2013Barkerville Gold Mines Reports Metallic Screen Fire Assay Re...
10/24/2013Barkerville Gold Mines Ltd. Pricing on Warrants and Grant of...
10/9/2013Closes $15 Million Gold Loan Facility and Common Shares Are ...
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...
12/6/2012Completes Loan Agreement
11/26/2012Clarification on Loan to Barkerville Under the Partial Revoc...
11/14/2012Receives Partial Revocation Order
11/5/2012Provides Additional Update on its Technical Review and Proje...
12/13/2011Barkerville Gold Mines Intercepts 62.3 meters (204.5 feet) o...
2/1/2011Releases Q3 Financials
1/11/2011To Purchase Royalty Interests
12/31/2010Global TV News Story features Barkerville Gold Mines Ltd.
12/30/2010Global TV News Story features Barkerville Gold Mines Ltd.
11/16/2010Closes Acquisition of Additional Gold Mill Facility in Centr...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (BGM.V)
0.690+0.00%
TSX-V
CA$ 0.690
08/23 15:51 -
0%
Prev close Open
0.690 0.690
Low High
0.680 0.700
Year l/h YTD var.
0.230 -  0.750 165.38%
52 week l/h 52 week var.
0.200 -  0.750 213.64%
Volume 1 month var.
92,531 -1.43%
24hGold TrendPower© : 5
Produces Gold
Develops Gold
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 7/13/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
DateVariationHighLow
2016165.38%0.750.23
2015-10.34%0.400.20
2014-29.27%0.740.11
2013-66.39%1.220.39
201246.99%1.670.31
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Trina SolarTSL
Announces Second Quarter 2016 Results
US$ 10.54+0.09%Trend Power :
Yingli GreenYGE
Yingli Green Energy Reports Second Quarter 2016 Results
US$ 4.08-5.12%Trend Power :
Carbon Energy(Ur-Au)CNX.AX
Carbon Energy announces CEO appointment
AU$ 0.02-25.00%Trend Power :
Fortescue Metals(Fe)FMG.AX
Appendix 4G Key to Corporate Governance Disclosures
AU$ 5.03+2.65%Trend Power :
Fortescue Metals(Fe)FMG.AX
Corporate presentation FY16 results
AU$ 5.03+2.65%Trend Power :
Fortescue Metals(Fe)FMG.AX
Media release FY16 results
AU$ 5.03+2.65%Trend Power :
Fortescue Metals(Fe)FMG.AX
Notification of dividend / distribution August 2016
AU$ 5.03+2.65%Trend Power :
Fortescue Metals(Fe)FMG.AX
FY16 Annual Report including Appendix 4E
AU$ 5.03+2.65%Trend Power :
Sayona Mining LTDSYA.AX
Investor Presentation 17 August 2016
AU$ 0.02-4.17%Trend Power :
Sayona Mining LTDSYA.AX
Portfolio Rationalisation to Focus on Authier Development 16 August 2016
AU$ 0.02-4.17%Trend Power :
Strategic Min(ag-au-cu)SMC.AX
2016 Woolgar Gold Exploration Program Underway (PDF - 245 Kb)
AU$ 0.33+0.00%Trend Power :
Imdex(Oil)IMD.AX
Full Year Results Announcement
AU$ 0.62+0.00%Trend Power :
Imdex(Oil)IMD.AX
Preliminary Final Report
AU$ 0.62+0.00%Trend Power :
Bluescope Steel LTDBSL.AX
FY2016 Full Year Appendix 4E, Directors Report and Accounts
AU$ 9.07+0.11%Trend Power :
Bluescope Steel LTDBSL.AX
Dividend/Distribution - BSL
AU$ 9.07+0.11%Trend Power :
Satori Resources Inc.BUD.V
August 15, 2016: SATORI ANNOUNCES COMPLETION OF PRIVATE PLACEMENT
CA$ 0.17+6.25%Trend Power :
Rathdowney Resources Ltd.RTH.V
Rathdowney Closes First Tranche of Private Placement
CA$ 0.18-7.50%Trend Power :
Copper One Inc.CUO.V
Copper One Announces Shares for Debt Settlement
CA$ 0.17+0.00%Trend Power :
Flinders Mines(Gems)FMS.AX
Reminder About TIO Takeover and Timetable
AU$ 0.02+0.00%Trend Power :
Lonmin(Au-Cu-Ni)LMI.L
Lonmin Secures $50m Funding for Tailings Project
GBX 221.50+0.68%Trend Power :