Barkerville Gold Mines Ltd TSXV:BGM announced assays from its Cariboo Gold Project in BC. Results include 15.9 g/t gold over 16.7 metres (including 42 g/t over 3 metres), 27.3 g/t over 5 metres, and 10.8 g/t over 32.6 metres (including 30.6 g/t over 10.7 metres).
President/CEO Frank Callaghan commented, “These are exciting developments around the proposed Cariboo Gold Quartz mine. The current NI 43-101 resource and our past drilling here have been based on gold hosted in a quartz stockworks. Finding gold in replacement mineralization similar to the style found at Bonanza Ledge and the neighboring historic Island Mountain Mine brings a new dimension to Cow Mountain. Additionally, encountering a higher grading gold in quartz-pyrite veins 190 metres outside of the Cariboo Gold Quartz proposed open pit area really brings up the potential to extend the mineralized area.”
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J. Frank Callaghan
by Ted Niles