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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Barkerville Mountain | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 6-4-2017: Barkerville Gold Mines Ltd. announces a Resource Estimation report for its Barkerville Mountain deposit at the Cariboo Gold Project project. Updated mineral resource estimate for Barkerville Mountain. InnovExplo Inc. (“InnovExplo”) was commissio | |
| Resources: | (Resource, M+I): 684.9kt @ 7.21g/t Au for 158800oz Au contained at Barkerville Mountain | |
| CP/QP: | [Resources]: Karine Brousseau, Carl Pelletier (InnovExplo Inc.) | |
| ABSTRACT: | InnovExplo Inc. (“InnovExplo”) was commissioned by Barkerville Gold Mines Ltd (“BGM” or the “issuer”) to complete a Technical Report and a Mineral Resource Estimate (the “2017 MRE”) for the Barkerville Mountain deposit on the Cariboo Gold Project in accordance with Canadian Securities Administrators’ National Instrument 43-101 Respecting Standards of Disclosure for Mineral Projects (“NI 43-101”) and its related Form 43-101F1. The mandate was assigned by Mr. Chris Lodder, President and CEO of BGM. The issuer’s common shares are listed on the TSX Venture Exchange (TSXV) under the symbol “BGM”. InnovExplo is an independent mining and exploration consulting firm based in Val-d’Or (Québec). The Cariboo Gold Project is located in the Cariboo Gold District of British Columbia and extends for approximately 60 km from northwest to southeast, centered over the Barkerville Historic Town. Barkerville is situated approximately 85 km east of Quesnel, 120 km southeast of Prince George and 500 km north of Vancouver. The estimate covers a corridor of the Barkerville Mountain deposit with a strike length of 1,525 m and a width of approximately 250 m, down to a vertical depth of 500 m below surface. The 2017 MRE was prepared using GEOVIA GEMS software v.6.7 (“GEMS”). GEMS was used for modelling purposes, including the construction of the two (2) mineralized solids and the estimation approach, which consisted of 3D block modelling and the ordinary kriging (OK) interpolation method. | |
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