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Re: News - Wednesday, June 15, 2011
Barkerville Appoints Ross Hollinger as Mine Manager For Bonanza
Ledge and QR Mines
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Vancouver, BC -- Barkerville Gold Mines Ltd. (TSXV:BGM) (the "Company")
announces the appointment of Ross B. Hollinger, P. Eng, as Mine Manager
for both the Bonanza Ledge Mine, currently in the permitting process,
and the QR Mine, the Company's gold producing property located in
Central British Columbia, Canada. Mr. Hollinger graduated from the
University of British Columbia with a Bachelor of Applied Science in
1981 and is a member of the A.P.E.B.C. Mr. Hollinger has 30 years of
mining experience, both in management and engineering, and has held
positions ranging from Underground Supervisor to Mine Manager and has
extensive experience in British Columbian mining projects.
Mr Hollinger started his career in 1981 with Noranda Mines at the
Goldstream Mine near Revelstoke, BC. From 2006 to 2008, he was the
General Manager of the QR Mine and Mill for Cross Lake Minerals. Both
the Goldstream and QR are currently owned by Barkerville Gold Mines
(see NR 10-33 and NR 10-07, respectively).
The Company wishes to thank Mr. Kevin McMurren, departing QR Mine
Manager, for his tremendous work in getting the QR Mine and Mill
operational in September 2010 and for overseeing all subsequent mining
and gold production from the QR Mine & Mill and wishes him the best in
all future endeavours.
About Barkerville Gold Mines Ltd.
Since the mid 1990s the Company has focused on exploration and
development of gold projects in the Cariboo Mining District in central
B.C. The Company's mineral tenures now cover over 1,225 square
kilometers, encompassing seven past producing hard rock mines and three
NI 43-101 gold deposits, including the QR Mine & Mill. The QR Property
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 2010 and the Company began
pouring dor� gold in September 2010. In November 2010, the Company
acquired a second permitted mill currently on care and maintenance in
Revelstoke, B.C. for relocation to the Barkerville Gold Camp near
Wells, B.C. and upgrade it to a 2,000-tonne/day facility subject to
government approvals. In November 2010 the Company and the Lhtako Dene
First Nation also signed a Project Agreement in relation to its Bonanza
Ledge and Cariboo Gold Projects. The Company has not hedged any of its
future gold production.
On behalf of the Board of Directors,
"J. Frank Callaghan"
J. Frank Callaghan
President and CEO
Tel: (604) 669 -- 6463
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.
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Copyright (c) 2011 BARKERVILLE GOLD MINES LTD. (BGM) All rights
reserved. For more information visit our website at
http://www.barkervillegold.com or send mailto:info@barkervillegold.com
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Barker Minerals Ltd
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EXPLORATION STAGE |
CODE : BML.V |
ISIN : CA06762P1099 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Barker is a gold and copper exploration company based in Canada. Barker holds various exploration projects in Canada. Its main exploration properties are KANGAROO, FRANK CREEK, CARIBOO PROPERTIES and ACE PROPERTY in Canada. Barker is listed in Canada and in United States of America. Its market capitalisation is CA$ 899 288 as of today (US$ 667 623, € 596 521). Its stock quote reached its highest recent level on April 13, 2007 at CA$ 0.50, and its lowest recent point on June 28, 2019 at CA$ 0.01. Barker has 179 857 516 shares outstanding. |