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Barkerville Gold Mines Ltd.

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Summary

Project:

Cariboo Gold Project

Deposit:Island Mountain
Location:Canada
Commodities:Gold
Date:7/23/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:23-7-2019: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Island Mountain deposit at the Cariboo Gold Project project. Drilling results incl. 5.20m @ 45.94g/t Au from 183.90m. TORONTO, July 23, 2019 /CNW/ - Barkerville
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Maggie Layman (Internal)
ABSTRACT:TORONTO, July 23, 2019 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM. the "Company" or "BGM") is pleased to announce the new drilling results from the 2019 Island Mountain exploration and category conversion program at the Company's flagship Cariboo Gold Project in central British Columbia. New results from 24 recent holes on Island Mountain include 45.94 g/t Au over 5.2 meters including a sample of 399 g/t Au over 0.50 meter in exploration hole IM-19-043 located on the Island Mountain Mosquito Creek deposit and 95 meters down plunge from an existing vein corridor. Infill hole IM-19-029 intersected multiple vein corridors at Shaft Zone that assayed 14.91 g/t Au over 4.40 meters including a sample of 55.90 g/t Au over 0.80 meters. These results, as well as the highlights summarized below, demonstrate continuity of grade and widths within the modelled vein corridors, expansion of mineralization at depth and anomalous mineralization between the vein corridors. A total of 20,000 meters in 47 holes were drilled at Shaft Zone and Mosquito Creek on Island Mountain in 2019. The program focused on infill drilling modelled vein corridors and conducting exploration along strike and down dip of existing vein corridors to determine the depth extent of the mineralization.

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