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Re:   News - Monday, February 14, 2011
      Barkerville Extends New Discovery Zone on Barkerville Mountain to
      125 Meters - Channels Hitting Up to 23.1m of 9.78 g/t Gold With
      Samples of Up To 268 g/t Gold
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Vancouver, BC - Barkerville Gold Mines Ltd. (TSXV:BGM) (the "Company")
reports the remaining assay results of 2010 from 175 channel samples at
the new discovery zone on Barkerville Mountain announced in September
2010 (see news release September 20, 2010).  The new zone has now been
mapped and extends the original discovery area to 125 meters long in
trenching and up to 26 meters wide in 18 channels.  A diamond drill
program for the new discovery zone is slated to begin in March 2010.
The Company is permitted to drill up to 900 holes for 193,500 meters
on Barkerville Mountain over the next three years and is able to drill
throughout the year. 

New highlights are as follows:  

Channel 2:

10.3 meters (33.7 feet) of 16.7 g/T (0.49 oz/t) gold including,
- 5.5 meters (18.2 feet) of 30.6 g/T (0.89 oz/t) gold, and
- 3.26 meters (10.7 feet) of 50.2 g/T (1.46 oz/t) gold

Channel 3:

15.8 meters (52.0 feet) of 4.61 g/T (0.13 oz/t) gold including,
- 9.8 meters (32.1 feet) of 7.43 g/T (0.22 oz/t) gold, and
- 1.1 meters (3.5 feet) of 40.5 g/T (1.18 oz/t) gold

Channel 4:

23.1 meters (75.8 feet) of 9.78 g/T (0.29 oz/t) gold including,
- 10.1 meters (33.2 feet) of 22.3 g/T (0.65 oz/t) gold, and
- 0.58 meters (1.9 feet) of 268.0 g/T (7.82 oz/t) gold

Channel 5:

16.9 meters (55.3 feet) of 1.64 g/T (0.05 oz/t) gold including,
- 9.3 meters (30.5 feet) of 2.89 g/T (0.08 oz/t) gold

Channel 6:

17.5 meters (57.5 feet) of 4.72 g/T (0.14 oz/t) gold, including,
- 6.6 meters (21.6 feet) of 12.4 g/T (0.36 oz/t) gold

Channel 8:

11.9 meters (39.0 feet) of 7.04 g/T (0.21 oz/t) gold, including,
- 4.1 meters (13.5 feet) of 19.6 g/T (0.57 oz/t) gold

In total, 175 channel samples were collected from 18 channels along a
large, 125 meter trench with the channel intervals being approximately
6 meters. 

The complete assay table for this news release is available at the
following link:  http://www.barkervillegold.com/s/DrillResults.asp.

The reconnaissance rock channel samples were collected with a
geological hammer and put in plastic bags. The plastic sample bags were
marked on the outside, using a black felt marker pen, with identifying
samples numbers. In addition, the paper end-of-sample tags were placed
inside the upper portion of the bags; the tops of the bags were tied
closed with ribbons, sometimes the top of the plastic bags were secured
with staples. After all the samples are placed in the rice bags at the
mine site, they are transported by the Company's personnel to a
shipping company in Quesnel, BC for trans-shipment to Eco Tech Lab
(ETL) in Kamloops, B.C. Sample preparation and geochemical assaying is
done at Eco Tech Lab, following their own internal standards for
quality control and verification. The gold assaying method uses a
standard fire assay with AA finish. Metallic gold assays were done to
confirm the fire assay results considering existence of visible gold in
the samples. ETL is certified under the Assayers Certification Program
of B.C.   

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.

The technical information in this News Release has been reviewed and
approved by Chief Geologist Jim Yin, PhD, P.Geo, a qualified person as
defined in National Instrument 43-101.

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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