George reported 40m to 90m resource calc in August 2012.
AGM just completed 4.16.2013--> no new surprises. Board strengthened by adding 3 new members. No dissident slate made it to board level.
Frank Callaghan re-elected.
CTO lifted after new, vetted, and re-vetted, and re-re vetted has been released before end of 2013. Still a LOT of ounces BSCS can agree on, plus only on partial property holdings. Ian Gordon
(Long Wave) opines (Jan 2014):
TheGoldReport: Barkerville had issues crop up in 2012 that carried through 2013. Have they been resolved?
IG: Yes. The British Columbia Securities Commission lifted the cease-trade order on the company in 2013.
There were 14 months when the company could not raise capital, but continued to spend money.
Snowden Mining Industry Consultants was brought in to do a new NI 43-101. That took time, but the numbers are not hugely different from the numbers that Peter George and Geoex originally came up with.
The capped resource is 5 million ounces (5 Moz) and the potential is much larger than that.
I’m extremely bullish on Barkerville Gold Mines. I have visited the property several times and believe Barkerville could become one of the world’s biggest gold deposits at a really good grade of something like 3 grams/ton from surface.
TGR: Is Barkerville drilling now?
IG: First, the company is following Snowden’s recommendation to use metallic screening to redo assays because the deposit is nuggety. As a result, we expect a possible 20% bump in the resource.
Second, a lot of the drill holes done through visual inspection were determined to be barren, and were not submitted for assay. Now, Barkerville is assaying those drill holes. That could produce another bump in the resource. In addition, a lot of the Inferred will probably be moved into Indicated and some of the Indicated could even be moved into Measured.