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BGM Announces Filing of the Cariboo Gold Project Technical Report

by ahnationtalk on July 11, 201927 Views

TORONTO, July 11, 2019 – 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 to present and support the results of the Mineral Resource Estimate Update and metallurgical testwork for the Cariboo Gold Project as per the Company’s news release dated May 29, 2019. The technical report was prepared by InnovExplo Inc. and BBA Inc., both independents consulting firms based out of Val-d’Or, Québec and in Montréal, Québec.

Qualified Persons

Each of Christine Beausoleil, P.Geo. and Carl Pelletier, P.Geo. of InnovExplo Inc. and Alain Dorval, P.Eng. of BBA Inc., is an independent “qualified person” (as defined in NI-43-101). Maggie Layman, P.Geo., Vice President of Exploration for 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.

About the Cariboo Gold Project

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. BGM’s Cariboo Gold Project mineral tenures cover 1,950 square kilometers; along a strike length of 67 kilometers which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company’s Brownfield’s exploration team is focused on upgrading and expanding the May 2018 43-101 resource within the 8 kilometers of principle project area located near the town of Wells, British Columbia. The Company’s Greenfield’s team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation’s team is focused on completing required studies to permit underground mining on Cow and Island Mountains.

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

NT4

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