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BGM announces filing of Barkerville Mountain Technical Report

by pmnationtalk on May 18, 201738 Views

TORONTO, ON – May 17th, 2017 – Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to report that it has filed on SEDAR the independent NI 43-101 Technical Report for the Cariboo Gold Project and Mineral Resource Estimate on the Barkerville Mountain Deposit as per the Company’s news release dated April 6, 2017. The updated technical report was prepared by InnovExplo Inc., an independent consulting firm based out of Val-d’Or, Québec, and includes drilling campaigns from 2015 and 2016.

Qualified Persons

Each of Karine Brousseau, P.Eng and Carl Pelletier, P.Geo, B.Sc. of InnovExplo Inc. is an independent “qualified person” (as defined in NI 43-101) responsible for the mineral resource estimate. Paul Geddes, P.Geo., Vice President Exploration of Barkerville, is a “qualified person” (as defined in NI 43-101) for the Company. The Company strictly adheres to CIM Best Practice Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

For further information on Barkerville Gold Mines Ltd. please contact:

Chris Lodder
President & Chief Executive Officer
155 University Avenue, Suite 1440
Toronto, Ontario, Canada
clodder@barkervillegold.com

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. Barkerville’s mineral tenures cover 2,110 square kilometres along a strike length of 67 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 Barkerville 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 material milled producing 25,464 ounces of gold. The Company has completed several drilling and exploration programs over the past 20 years and has compiled this data with all historical information in order develop geologic models which are assisting management in defining new deposits in the Cariboo Gold Project. An extensive drill program is currently underway with the goal of delineating additional high grade gold mineralization.

NT3

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