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Barkerville Gold Mines Ltd.

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Summary

Project:

Cariboo Gold Project

Deposit:Island Mountain, Valley Zone
Location:Canada
Commodities:Gold
Date:4/4/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:4-4-2018: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Island Mountain, Valley Zone deposit at the Cariboo Gold Project project. Drilling results incl. 9.95m @ 48.17g/t Au from 538.5m. TORONTO, April 4, 2018 /CNW/ -
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Maggie Layman (Internal)
ABSTRACT:TORONTO, April 4, 2018 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce final drilling results from the 160,000-meter 2017 Island Mountain and Valley Zone and exploration and drilling programs at the Company's flagship Cariboo Gold Project. Detailed drilling results, a drill hole location plan map and vertical sections are presented at the end of this release. The exact geometry and hence true width of the mineralized zones cannot be assuredly concluded at this time therefore core lengths are reported. The company currently has 7 drill rigs exploring and delineating mineralized vein corridors on Island Mountain. Continuity and extensions of mineralized vein corridors on Island Mountain and in the Valley Zone is demonstrated from recent results. Island Mountain Shaft Zone hole IM-17-249 intersected 48.17 g/t Au over 9.95 meters, 45 meters down dip from previous reported hole IM-17-151 which assayed 72.23 g/t Au over 12.05 meters. Valley Zone hole CM-17-106 intersected 12.22 g/t Au over 11.40 meters, 40 meters down dip of a modelled vein corridor and 40 meters up dip from previously reported hole CM-17-096 which intersected 12.50 g/t Au over 8.00 meters and 11.74 g/t Au over 5.15 meters further down hole.

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