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Wednesday, June 29, 2016 1:54:11 PM
BGM.v Barkerville Gold Mines Intersects 30.98 G/T (0.90 Oz/T) Au Over 6.80 Metres in Cow Mountain Phase I Drilling - New Gold Extension Discovered
V.BGM | 5 hours ago
(via Thenewswire.ca)
VANCOUVER, BC / TheNewswire / June 29, 2016 – Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “BGM”) is pleased to announce results from the Phase I drilling program on Cow Mountain at the Company’s Cariboo Gold Project (CGP). The results of these drillholes are presented in Table 1. A drillhole location plan map and a longitudinal section are offered at the end of this release.
Drilling Highlights:
-BGM-16-280: 12.51 g/t (0.36 oz/t) Au over 9.70 metres including 17.95 g/t (0.52 oz/t) Au over 1.50 metres and 98.50 g/t (2.87 oz/t) Au over 0.87 metres
-BGM-16-298: 30.98 g/t (0.90 oz/t) Au over 6.80 metres including 52.94 g/t (1.54 oz/t) Au over 3.60 metres including 144.50 g/t (4.21 oz/t) Au over 1.10 metres and 15.85 g/t (0.46 oz/t) Au over 1.00 metres
-BGM-16-307: 34.79 g/t (1.01 oz/t) Au over 5.00 metres including 113.00 g/t (3.30 oz/t) Au over 1.10 metres and 42.60 g/t (1.24 oz/t) Au over 1.10 metres
-BGM-16-315: 28.40 g/t (0.83 oz/t) Au over 3.00 metres including 70.10 g/t (2.04 oz/t) Au over 1.20 metres
-BGM-16-326: 31.67 g/t (0.92 oz/t) Au over 2.90 metres including 11.40 g/t (0.33 oz/t) Au over 0.50 metres including 112.50 g/t (3.28 oz/t) Au over 0.70 metres
-BGM-16-333: 10.62 g/t (0.31 oz/t) Au over 9.30 metres including 23.78 g/t (0.69 oz/t) Au over 2.90 metres including 42.40 g/t (1.24 oz/t) Au over 1.00 metres and 29.70 g/t (0.87 oz/t) Au over 0.70 metres
-BGM-16-347: 119.69 g/t (3.49 oz/t) Au over 2.55 metres including 216.93 g/t (6.33 oz/t) Au over 1.40 metres including 317.00 g/t (9.25 oz/t) Au over 0.90 metres
-BGM-16-349: 21.41 g/t (0.62 oz/t) Au over 5.90 metres including 50.90 g/t (1.48 oz/t) Au over 1.50 metres including 71.10 g/t (2.07 oz/t) Au over 0.70 metres
-BGM-16-352: 28.45 g/t (0.83 oz/t) Au over 5.00 metres including 44.05 g/t (1.28 oz/t) Au over 3.00 metres including 43.50 g/t (1.27 oz/t) Au over 1.50 metres and 44.60 g/t (1.30 oz/t) Au over 1.50 metres
-BGM-16-359: 22.84 g/t (0.67 oz/t) Au over 8.05 metres including 53.57 g/t (1.56 oz/t) Au over 2.65 metres including 66.20 g/t (1.93 oz/t) Au over 1.45 metres and 38.30 g/t (1.12 oz/t) Au over 1.20 metres
Note: Reported core lengths represent 50-75% true widths.
Phase I Drilling
The initial 30,000 metre (18,452 metres completed), Phase I drilling program on Cow Mountain was exclusively intended to upgrade areas of geological uncertainty and secondly to augment the geological model in areas that were entirely devoid of historical drilling. The Pinkerton, Sanders, Rainbow
and No. 1 Zones have been drilled in the near surface by previous operators at a sufficient hole spacing as to demonstrate a high degree of geological confidence and as such were not the focus of this first drilling campaign. In total, 101 drillholes have been completed to date on approximately 50 metre centres throughout select areas of Cow Mountain.
New High Grade Gold Extension Discovered
A previously undeveloped and unexplored area of gold-bearing quartz veins hosted between the Sanders and Rainbow Zones at approximately 250 metres vertical depth below surface has been identified during the Phase I program:
-BGM-15-325 9.70 g/t (0.28 oz/t) Au over 7.35 metres including 28.50 g/t (0.83 oz/t) Au over 0.50 metres and 9.60 g/t (0.28 oz/t) Au over 0.50 metres and 44.60 g/t (1.30 oz/t) Au over 1.00 metres
-BGM-16-326 31.67 g/t (0.92 oz/t) Au over 2.90 metres including 11.40 g/t (0.33 oz/t) Au over 0.50 metres and 112.50 g/t (3.28 oz/t) Au over 0.70 metres
-BGM-16-340 5.70 g/t (0.17 oz/t) Au over 10.00 metres including 12.70 g/t (0.37 oz/t) Au over 3.40 metres and 30.30 g/t (0.88 oz/t) Au over 0.50 metres and 18.50 g/t (0.54 oz/t) Au over 0.50 metres and 14.70 g/t (0.43 oz/t) Au over 0.50 metres
-BGM-16-361 6.46 g/t (0.19 oz/t) Au over 12.70 metres including 20.94 g/t (0.61 oz/t) Au over 2.40 metres including 20.20 g/t (0.59 oz/t) Au over 0.70 metres and 47.50 g/t (1.39 oz/t) Au over 0.70 metres
Note: Reported core lengths represent 50-75% true widths.
Drilling in this new extension has now defined a corridor of auriferous quartz veins with a strike length of approximately 140 metres and was targeted because of a scarcity of historical drilling in this location. These new mineralized vein sets are untested at depth and also along strike to the northwest and have only been drilled on widely spaced 50 metre centres.
Current Status
With three drill rigs on Cow Mountain, the budgeted 30,000 metre Phase I campaign is continuing and preferentially concentrated on optimizing the continuity of gold mineralization in the near surface.
Mr. Chris Lodder, President of the Company noted, “The results to date from the Phase I program that targeted areas that lacked any historical drillholes is very positive. Not only have we identified a new mineralized extension with high exploration potential that is untested at depth, but we have also added additional gold mineralization across the extents of Cow Mountain”.
Qualified Persons
Exploration activities at the Cariboo Gold Project are jointly administered on site by the Company’s Project Managers Maggie Layman, P.Geo. and Wanda Carter, P.Geo. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.
Quality Assurance – Quality Control
Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company’s secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by
Paul Geddes, P.Geo, Vice President Exploration of the Company.
Drill core samples are submitted to ALS Geochemistry’s analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 5ppb and upper limit of 10,000ppb. Samples with gold assays greater than 10,000ppb are re-analyzed using 50g fire assay with gravimetric finish, as well as 1,000g screen metallic fire assay. Samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).
For further information on Barkerville Gold Mines Limited please contact:
Tom Obradovich
Chief Executive Officer
(416) 361-2511
tobradovich@barkervillegold.com
About Barkerville Gold Mines Ltd.
The company is focused on developing its extensive land package located in the historical Cariboo Mining District of central British Columbia. BGM's mineral tenures cover 1,164 square kilometres along a strike length of 60 kilometres which includes several past producing hard rock mines of the historic Barkerville Gold Mining Camp near the town of Wells, British Columbia. The QR Project, located approximately 110 kilometres by highway and all weather road from Wells was acquired by BGM in 2010 and boasts a fully permitted 900 tonne/day gold milling and tailings facility. Test mining of the Bonanza Ledge open pit was completed in March of 2015 with 91,489 tonnes of ore milled producing 25,464 ounces of gold. BGM has completed a number of drilling and exploration programs over the past 20 years and is currently compiling this data with all historical information in order develop geologic models which will assist new management and provide the framework to continue to explore the Cariboo Gold Project. An extensive drill program is currently underway with the goal of delineating additional high grade gold mineralization.
Cautionary Statement on Forward -Looking Information
Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Table 1: Length weighted gold composites for drillholes BGM-16-261 through BGM-16-361:
HOLE-ID
FROM
TO
LENGTH
AU G/T
AU OZ/T
BGM-16-261
NSA
BGM-16-262
NSA
BGM-16-263
58.50
60.00
1.50
10.30
0.30
BGM-16-263
127.45
128.20
0.75
166.50
4.86
BGM-16-264
29.50
33.50
4.00
17.02
0.50
INCLUDING
29.50
30.65
1.15
18.75
0.55
AND
30.65
31.95
1.30
24.80
0.72
AND
33.00
33.50
0.50
28.20
0.82
BGM-16-264
119.40
119.90
0.50
86.50
2.52
BGM-16-264
174.00
178.10
4.10
13.55
0.40
INCLUDING
174.00
175.50
1.50
25.20
0.74
AND
177.00
178.10
1.10
15.60
0.46
BGM-16-265
74.50
75.50
1.00
9.06
0.26
BGM-16-266
NSA
BGM-16-267
NSA
BGM-16-268
21.00
22.50
1.50
5.46
0.16
BGM-16-268
34.00
37.00
3.00
5.24
0.15
INCLUDING
36.00
37.00
1.00
9.67
0.28
BGM-16-269
31.00
33.50
2.50
5.46
0.16
INCLUDING
31.00
32.00
1.00
11.35
0.33
BGM-16-270
42.00
42.50
0.50
22.90
0.67
BGM-16-270
47.00
48.00
1.00
9.07
0.26
BGM-16-271
ABANDONED
BGM-16-272
NSA
BGM-16-273
51.05
52.30
1.25
19.15
0.56
BGM-16-273
119.00
122.05
3.05
17.84
0.52
INCLUDING
120.00
120.65
0.65
22.60
0.66
AND
120.65
122.05
1.40
23.20
0.68
BGM-16-273
140.50
141.00
0.50
22.90
0.67
BGM-16-274
NSA
BGM-16-275
NSA
BGM-16-276
72.00
74.20
2.20
10.08
0.29
INCLUDING
72.70
74.20
1.50
13.85
0.40
BGM-16-277
13.00
14.40
1.40
9.92
0.29
BGM-16-277
52.00
53.50
1.50
5.05
0.15
BGM-16-278
NSA
BGM-16-279
`
NSA
BGM-16-280
6.70
33.40
26.70
1.03
0.03
BGM-16-280
42.50
43.80
1.30
38.20
1.11
BGM-16-280
52.50
55.30
2.80
18.42
0.54
INCLUDING
53.30
54.20
0.90
22.90
0.67
AND
54.20
55.30
1.10
26.80
0.78
BGM-16-280
61.80
71.50
9.70
12.51
0.36
INCLUDING
64.50
66.00
1.50
17.95
0.52
AND
68.63
69.50
0.87
98.50
2.87
BGM-16-280
86.50
89.00
2.50
10.40
0.30
INCLUDING
86.50
87.50
1.00
8.37
0.24
AND
87.50
89.00
1.50
11.75
0.34
BGM-16-281
221.40
221.90
0.50
25.40
0.74
BGM-16-282
53.95
55.20
1.25
7.17
0.21
BGM-16-282
79.00
85.50
6.50
15.03
0.44
INCLUDING
79.00
80.00
1.00
50.00
1.46
AND
82.50
84.00
1.50
30.10
0.88
BGM-16-283
48.50
50.00
1.50
51.80
1.51
BGM-16-283
53.00
54.50
1.50
39.60
1.16
BGM-16-284
23.95
25.70
1.75
14.66
0.43
INCLUDING
23.95
24.70
0.75
9.40
0.27
AND
24.70
25.20
0.50
36.30
1.06
BGM-16-285
130.35
131.20
0.85
10.90
0.32
BGM-16-286
NSA
BGM-16-287
156.20
157.00
0.80
42.80
1.25
BGM-16-287
172.50
173.20
0.70
13.20
0.39
BGM-16-288
173.00
183.50
10.50
3.76
0.11
INCLUDING
173.00
174.50
1.50
13.15
0.38
AND
180.50
181.10
0.60
7.44
0.22
AND
182.40
183.50
1.10
12.80
0.37
BGM-16-289
100.10
101.00
0.90
14.95
0.44
BGM-16-289
119.00
125.00
6.00
8.79
0.26
INCLUDING
121.80
125.00
3.20
14.70
0.43
INCLUDING
121.80
122.30
0.50
16.80
0.49
AND
123.60
124.10
0.50
38.70
1.13
AND
124.10
125.00
0.90
15.65
0.46
BGM-16-289
155.60
156.20
0.60
11.15
0.33
BGM-16-290
NSA
BGM-16-291
NSA
BGM-16-292
104.55
105.30
0.75
9.37
0.27
BGM-16-292
153.30
153.90
0.60
23.10
0.67
BGM-16-293
NSA
BGM-16-294
103.00
104.00
1.00
8.00
0.23
BGM-16-295
160.50
161.00
0.50
24.10
0.70
BGM-16-296
59.95
60.55
0.60
74.10
2.16
BGM-16-297
9.50
14.00
4.50
10.76
0.31
INCLUDING
11.00
12.50
1.50
31.20
0.91
BGM-16-297
73.50
75.50
2.00
34.16
1.00
INCLUDING
73.50
74.20
0.70
96.90
2.83
BGM-16-297
133.50
135.00
1.50
6.50
0.19
BGM-16-298
41.00
42.50
1.50
5.49
0.16
BGM-16-298
51.50
53.00
1.50
6.34
0.18
BGM-16-298
200.30
201.00
0.70
6.17
0.18
BGM-16-298
204.50
211.30
6.80
30.98
0.90
INCLUDING
204.50
205.40
0.90
21.70
0.63
AND
207.70
211.30
3.60
52.94
1.54
INCLUDING
207.70
208.80
1.10
144.50
4.21
AND
208.80
209.80
1.00
15.85
0.46
AND
210.80
211.30
0.50
16.00
0.47
BGM-16-298
224.20
225.80
1.60
11.60
0.34
INCLUDING
224.20
225.00
0.80
12.70
0.37
AND
225.00
225.80
0.80
10.50
0.31
BGM-16-299
153.55
154.15
0.60
24.60
0.72
BGM-16-300
52.50
55.50
3.00
10.76
0.31
INCLUDING
53.00
54.50
1.50
26.30
0.77
BGM-16-300
74.00
76.50
2.50
11.67
0.34
INCLUDING
75.50
76.50
1.00
27.50
0.80
BGM-16-301
98.50
99.50
1.00
8.27
0.24
BGM-16-302
55.50
56.40
0.90
41.00
1.20
BGM-16-302
81.30
87.40
6.10
3.77
0.11
INCLUDING
81.30
82.00
0.70
11.95
0.35
AND
85.00
86.00
1.00
7.01
0.20
BGM-16-303
79.10
82.15
3.05
12.17
0.36
INCLUDING
79.10
80.20
1.10
13.20
0.39
AND
81.55
82.15
0.60
29.10
0.85
BGM-16-303
94.00
94.50
0.50
52.60
1.53
BGM-16-304
107.00
108.15
1.15
9.60
0.28
BGM-16-305
33.50
34.00
0.50
16.70
0.49
BGM-16-305
95.95
96.65
0.70
8.79
0.26
BGM-16-306
188.20
188.80
0.60
92.40
2.70
BGM-16-306
198.50
199.00
0.50
61.60
1.80
BGM-16-307
131.30
132.00
0.70
6.05
0.18
BGM-16-307
138.00
152.40
14.40
3.80
0.11
INCLUDING
141.00
142.50
1.50
20.60
0.60
AND
150.85
151.40
0.55
23.10
0.67
BGM-16-307
165.50
170.00
4.50
5.52
0.16
INCLUDING
166.52
167.00
0.48
33.50
0.98
AND
169.50
170.00
0.50
13.30
0.39
BGM-16-307
185.00
190.00
5.00
34.79
1.01
INCLUDING
186.30
187.40
1.10
113.00
3.30
AND
187.40
188.50
1.10
42.60
1.24
BGM-16-307
197.70
198.20
0.50
60.10
1.75
BGM-16-308
NSA
BGM-16-309
347.60
348.15
0.55
13.10
0.38
BGM-16-310
130.50
131.50
1.00
37.50
1.09
BGM-16-311
27.50
37.50
10.00
6.36
0.19
INCLUDING
27.50
30.00
2.50
21.40
0.62
INCLUDING
27.50
28.75
1.25
27.80
0.81
AND
28.75
30.00
1.25
15.00
0.44
BGM-16-312
26.50
27.40
0.90
11.60
0.34
BGM-16-312
30.00
31.00
1.00
6.84
0.20
BGM-16-312
34.00
35.00
1.00
10.55
0.31
BGM-16-312
43.15
44.15
1.00
9.57
0.28
BGM-16-312
62.70
63.85
1.15
8.90
0.26
BGM-16-313
7.00
8.50
1.50
24.70
0.72
BGM-16-314
25.50
27.00
1.50
17.40
0.51
BGM-16-315
65.00
68.00
3.00
28.40
0.83
INCLUDING
65.00
66.20
1.20
70.10
2.04
BGM-16-316
84.00
86.00
2.00
22.27
0.65
INCLUDING
85.00
86.00
1.00
43.10
1.26
BGM-16-316
134.15
144.50
10.35
6.76
0.20
INCLUDING
134.15
135.00
0.85
28.60
0.83
AND
140.80
142.00
1.20
31.10
0.91
BGM-16-316
170.70
171.80
1.10
8.95
0.26
BGM-16-317
8.80
9.80
1.00
35.20
1.03
BGM-16-318
8.60
17.30
8.70
5.19
0.15
INCLUDING
8.60
9.65
1.05
7.98
0.23
AND
16.75
17.30
0.55
64.20
1.87
BGM-16-318
76.00
76.60
0.60
7.84
0.23
BGM-16-318
128.00
129.55
1.55
23.40
0.68
BGM-16-319
NSA
BGM-16-320
105.97
106.95
0.98
19.40
0.57
BGM-16-320
114.40
115.20
0.80
7.70
0.22
BGM-16-321
105.00
108.00
3.00
15.47
0.45
INCLUDING
105.00
106.50
1.50
23.80
0.69
AND
106.50
108.00
1.50
7.14
0.21
BGM-16-321
164.50
165.50
1.00
107.00
3.12
BGM-16-322
NSA
BGM-16-323
NSA
BGM-16-324
125.50
127.00
1.50
95.30
2.78
INCLUDING
125.50
126.20
0.70
24.80
0.72
AND
126.20
127.00
0.80
157.00
4.58
BGM-16-325
117.50
118.00
0.50
73.40
2.14
BGM-16-325
295.85
303.20
7.35
9.70
0.28
INCLUDING
295.85
296.35
0.50
28.50
0.83
AND
301.70
302.20
0.50
9.60
0.28
AND
302.20
303.20
1.00
44.60
1.30
BGM-16-326
251.50
252.00
0.50
9.18
0.27
BGM-16-326
263.00
263.50
0.50
7.87
0.23
BGM-16-326
269.00
269.50
0.50
11.05
0.32
BGM-16-326
296.00
298.90
2.90
31.67
0.92
INCLUDING
296.50
297.00
0.50
11.40
0.33
AND
298.20
298.90
0.70
112.50
3.28
BGM-16-327
11.00
11.50
0.50
36.30
1.06
BGM-16-327
29.50
30.00
0.50
46.30
1.35
BGM-16-328
9.00
10.50
1.50
23.50
0.69
BGM-16-329
45.70
46.45
0.75
15.20
0.44
BGM-16-329
133.00
134.00
1.00
7.70
0.22
BGM-16-330
77.00
78.50
1.50
9.10
0.27
BGM-16-330
88.85
89.40
0.55
34.30
1.00
BGM-16-331
159.65
164.85
5.20
6.40
0.19
INCLUDING
159.65
160.40
0.75
39.00
1.14
BGM-16-332
78.50
81.60
3.10
19.29
0.56
INCLUDING
78.50
79.50
1.00
30.00
0.88
AND
79.50
80.50
1.00
16.50
0.48
AND
80.50
81.60
1.10
12.10
0.35
BGM-16-332
91.60
92.60
1.00
33.90
0.99
BGM-16-332
144.50
146.00
1.50
22.20
0.65
BGM-16-333
30.10
39.40
9.30
10.62
0.31
INCLUDING
30.10
33.00
2.90
23.78
0.69
INCLUDING
30.10
31.10
1.00
42.40
1.24
AND
32.30
33.00
0.70
29.70
0.87
BGM-16-333
38.70
39.40
0.70
40.80
1.19
BGM-16-334
114.50
116.00
1.50
7.01
0.20
INCLUDING
115.30
116.00
0.70
10.00
0.29
BGM-16-335
25.46
26.85
1.39
16.52
0.48
INCLUDING
25.46
26.00
0.54
38.50
1.12
BGM-16-335
37.55
38.80
1.25
9.42
0.27
BGM-16-335
56.60
64.00
7.40
4.88
0.14
INCLUDING
59.00
64.00
5.00
6.58
0.19
INCLUDING
59.00
60.00
1.00
9.62
0.28
AND
62.55
64.00
1.45
15.20
0.44
BGM-16-335
90.65
92.00
1.35
7.34
0.21
BGM-16-336
33.10
34.00
0.90
78.70
2.30
BGM-16-336
83.30
83.80
0.50
22.60
0.66
BGM-16-336
92.00
93.00
1.00
16.70
0.49
BGM-16-336
106.00
107.50
1.50
7.46
0.22
BGM-16-337
38.45
38.95
0.50
33.20
0.97
BGM-16-337
52.90
53.75
0.85
27.20
0.79
BGM-16-337
66.40
74.40
8.00
7.60
0.22
INCLUDING
66.40
67.55
1.15
29.40
0.86
AND
73.05
74.40
1.35
13.00
0.38
BGM-16-338
52.00
59.00
7.00
2.64
0.08
BGM-16-338
55.60
56.60
1.00
7.31
0.21
BGM-16-338
139.30
140.00
0.70
10.60
0.31
BGM-16-339
NSA
BGM-16-340
261.90
271.90
10.00
5.70
0.17
INCLUDING
268.50
271.90
3.40
12.70
0.37
AND
268.50
269.00
0.50
30.30
0.88
AND
269.00
269.50
0.50
18.50
0.54
AND
270.25
270.90
0.65
15.40
0.45
AND
271.40
271.90
0.50
14.70
0.43
BGM-16-341
116.40
117.10
0.70
26.40
0.77
BGM-16-341
122.00
122.50
0.50
8.90
0.26
BGM-16-341
160.60
161.10
0.50
20.50
0.60
BGM-16-341
246.00
246.50
0.50
11.40
0.33
BGM-16-341
265.50
266.50
1.00
10.30
0.30
BGM-16-342
53.25
53.90
0.65
12.80
0.37
BGM-16-343
NSA
BGM-16-344
ABANDONED
BGM-16-345
99.40
100.20
0.80
14.80
0.43
BGM-16-345
194.00
195.50
1.50
16.30
0.48
BGM-16-346
ABANDONED
BGM-16-347
89.45
92.00
2.55
119.69
3.49
INCLUDING
89.45
90.85
1.40
216.93
6.33
INCLUDING
89.45
90.35
0.90
317.00
9.25
AND
90.35
90.85
0.50
36.80
1.07
BGM-16-348
83.80
84.60
0.80
9.31
0.27
BGM-16-349
171.50
177.40
5.90
21.41
0.62
INCLUDING
171.50
173.00
1.50
50.90
1.48
AND
176.70
177.40
0.70
71.10
2.07
BGM-16-350
121.00
121.50
0.50
33.20
0.97
BGM-16-350
125.00
126.25
1.25
12.50
0.36
BGM-16-351
162.90
164.00
1.10
10.40
0.30
BGM-16-352
75.00
80.00
5.00
28.45
0.83
INCLUDING
75.50
78.50
3.00
44.05
1.28
INCLUDING
75.50
77.00
1.50
43.50
1.27
AND
77.00
78.50
1.50
44.60
1.30
BGM-16-353
281.90
282.90
1.00
12.60
0.37
BGM-16-354
ABANDONED
BGM-16-355
119.35
119.90
0.55
41.40
1.21
BGM-16-356
NSA
BGM-16-357
115.40
116.30
0.90
10.00
0.29
BGM-16-357
137.30
137.85
0.55
54.30
1.58
BGM-16-358
66.00
67.50
1.50
42.90
1.25
BGM-16-359
51.40
52.00
0.60
9.80
0.29
BGM-16-359
93.50
95.45
1.95
13.52
0.39
INCLUDING
94.75
95.45
0.70
28.20
0.82
BGM-16-359
114.50
116.00
1.50
13.50
0.39
BGM-16-359
123.15
124.40
1.25
210.00
6.13
BGM-16-359
146.30
147.60
1.30
9.08
0.26
BGM-16-359
168.45
176.50
8.05
22.84
0.67
INCLUDING
168.45
171.10
2.65
53.57
1.56
INCLUDING
168.45
169.90
1.45
66.20
1.93
AND
169.90
171.10
1.20
38.30
1.12
BGM-16-360
112.80
113.50
0.70
6.70
0.20
BGM-16-360
119.65
120.20
0.55
11.30
0.33
BGM-16-361
203.00
206.50
3.50
8.96
0.26
INCLUDING
204.00
205.00
1.00
24.60
0.72
BGM-16-361
242.30
255.00
12.70
6.46
0.19
INCLUDING
250.30
252.70
2.40
20.94
0.61
INCLUDING
250.30
251.00
0.70
20.20
0.59
AND
252.00
252.70
0.70
47.50
1.39
Notes:
(1)Core lengths represent 50-75% true widths. Rock not recovered by drilling was assigned zero grade and not included in the composites. Top cuts have not been applied to high grade assays. Conversion factor: 1.0 oz/t = 34.2857 g/t.
(2)NSA – No Significant Assays.
Table 2: Drillhole Collar Orientations
HOLE-ID
AZIMUTH
DIP
HOLE-ID
AZIMUTH
DIP
HOLE-ID
AZIMUTH
DIP
BGM-16-261
175.7
-45.1
BGM-16-295
167.7
-60.0
BGM-16-329
167.9
-69.9
BGM-16-262
175.0
-65.1
BGM-16-296
172.3
-46.0
BGM-16-330
352.0
-49.6
BGM-16-263
177.0
-45.0
BGM-16-297
175.5
-44.8
BGM-16-331
351.1
-69.5
BGM-16-264
177.9
-64.1
BGM-16-298
174.1
-59.9
BGM-16-332
172.8
-43.7
BGM-16-265
175.6
-44.8
BGM-16-299
175.5
-70.0
BGM-16-333
169.6
-57.3
BGM-16-266
175.9
-64.8
BGM-16-300
171.3
-60.0
BGM-16-334
168.5
-71.5
BGM-16-267
176.0
-46.0
BGM-16-301
168.1
-70.2
BGM-16-335
171.2
-45.5
BGM-16-268
172.9
-60.0
BGM-16-302
169.6
-45.5
BGM-16-336
168.5
-45.0
BGM-16-269
173.0
-70.0
BGM-16-303
173.4
-60.0
BGM-16-337
166.3
-56.4
BGM-16-270
176.7
-50.4
BGM-16-304
174.7
-70.1
BGM-16-338
166.2
-68.7
BGM-16-271
178.0
-59.9
BGM-16-305
173.2
-44.5
BGM-16-339
171.0
-46.3
BGM-16-272
176.1
-60.3
BGM-16-306
173.6
-60.4
BGM-16-340
170.8
-60.9
BGM-16-273
174.3
-49.1
BGM-16-307
173.8
-70.0
BGM-16-341
169.0
-69.8
BGM-16-274
171.2
-69.6
BGM-16-308
174.9
-44.9
BGM-16-342
172.1
-44.8
BGM-16-275
178.5
-45.0
BGM-16-309
175.7
-59.2
BGM-16-343
166.0
-72.6
BGM-16-276
177.0
-59.6
BGM-16-310
174.3
-71.6
BGM-16-344
137.3
-44.6
BGM-16-277
174.0
-69.9
BGM-16-311
172.8
-45.3
BGM-16-345
135.5
-44.5
BGM-16-278
176.7
-70.2
BGM-16-312
175.7
-59.3
BGM-16-346
162.6
-44.7
BGM-16-279
173.9
-44.7
BGM-16-313
175.1
-66.1
BGM-16-347
166.3
-45.0
BGM-16-280
171.9
-64.9
BGM-16-314
169.7
-45.0
BGM-16-348
163.9
-44.0
BGM-16-281
166.8
-45.8
BGM-16-315
166.2
-68.6
BGM-16-349
127.5
-54.9
BGM-16-282
169.2
-46.0
BGM-16-316
358.9
-48.3
BGM-16-350
163.4
-60.2
BGM-16-283
175.4
-46.2
BGM-16-317
173.1
-45.4
BGM-16-351
161.7
-70.3
BGM-16-284
176.8
-60.0
BGM-16-318
132.0
-45.1
BGM-16-352
172.6
-45.4
BGM-16-285
175.8
-69.5
BGM-16-319
135.5
-65.7
BGM-16-353
173.0
-59.0
BGM-16-286
173.8
-48.0
BGM-16-320
170.6
-45.6
BGM-16-354
170.7
-69.8
BGM-16-287
174.5
-44.8
BGM-16-321
129.8
-52.5
BGM-16-355
178.6
-43.9
BGM-16-288
174.8
-59.9
BGM-16-322
129.7
-59.6
BGM-16-356
177.4
-59.2
BGM-16-289
176.1
-69.2
BGM-16-323
169.4
-60.1
BGM-16-357
356.5
-65.3
BGM-16-290
171.4
-44.8
BGM-16-324
168.4
-45.4
BGM-16-358
174.3
-45.1
BGM-16-291
174.1
-45.1
BGM-16-325
168.7
-59.7
BGM-16-359
175.8
-60.5
BGM-16-292
177.8
-61.0
BGM-16-326
166.8
-70.9
BGM-16-360
176.4
-70.5
BGM-16-293
173.0
-69.6
BGM-16-327
168.1
-53.8
BGM-16-361
168.6
-69.6
BGM-16-294
169.6
-45.1
BGM-16-328
169.1
-65.0
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Tags: GOLD
Read more at http://www.stockhouse.com/news/press-releases/2016/06/29/barkerville-gold-mines-intersects-30-98-g-t-0-90-oz-t-au-over-6-80-metres-in#KB0w2zfFS6Tk3F1P.99
V.BGM | 5 hours ago
(via Thenewswire.ca)
VANCOUVER, BC / TheNewswire / June 29, 2016 – Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “BGM”) is pleased to announce results from the Phase I drilling program on Cow Mountain at the Company’s Cariboo Gold Project (CGP). The results of these drillholes are presented in Table 1. A drillhole location plan map and a longitudinal section are offered at the end of this release.
Drilling Highlights:
-BGM-16-280: 12.51 g/t (0.36 oz/t) Au over 9.70 metres including 17.95 g/t (0.52 oz/t) Au over 1.50 metres and 98.50 g/t (2.87 oz/t) Au over 0.87 metres
-BGM-16-298: 30.98 g/t (0.90 oz/t) Au over 6.80 metres including 52.94 g/t (1.54 oz/t) Au over 3.60 metres including 144.50 g/t (4.21 oz/t) Au over 1.10 metres and 15.85 g/t (0.46 oz/t) Au over 1.00 metres
-BGM-16-307: 34.79 g/t (1.01 oz/t) Au over 5.00 metres including 113.00 g/t (3.30 oz/t) Au over 1.10 metres and 42.60 g/t (1.24 oz/t) Au over 1.10 metres
-BGM-16-315: 28.40 g/t (0.83 oz/t) Au over 3.00 metres including 70.10 g/t (2.04 oz/t) Au over 1.20 metres
-BGM-16-326: 31.67 g/t (0.92 oz/t) Au over 2.90 metres including 11.40 g/t (0.33 oz/t) Au over 0.50 metres including 112.50 g/t (3.28 oz/t) Au over 0.70 metres
-BGM-16-333: 10.62 g/t (0.31 oz/t) Au over 9.30 metres including 23.78 g/t (0.69 oz/t) Au over 2.90 metres including 42.40 g/t (1.24 oz/t) Au over 1.00 metres and 29.70 g/t (0.87 oz/t) Au over 0.70 metres
-BGM-16-347: 119.69 g/t (3.49 oz/t) Au over 2.55 metres including 216.93 g/t (6.33 oz/t) Au over 1.40 metres including 317.00 g/t (9.25 oz/t) Au over 0.90 metres
-BGM-16-349: 21.41 g/t (0.62 oz/t) Au over 5.90 metres including 50.90 g/t (1.48 oz/t) Au over 1.50 metres including 71.10 g/t (2.07 oz/t) Au over 0.70 metres
-BGM-16-352: 28.45 g/t (0.83 oz/t) Au over 5.00 metres including 44.05 g/t (1.28 oz/t) Au over 3.00 metres including 43.50 g/t (1.27 oz/t) Au over 1.50 metres and 44.60 g/t (1.30 oz/t) Au over 1.50 metres
-BGM-16-359: 22.84 g/t (0.67 oz/t) Au over 8.05 metres including 53.57 g/t (1.56 oz/t) Au over 2.65 metres including 66.20 g/t (1.93 oz/t) Au over 1.45 metres and 38.30 g/t (1.12 oz/t) Au over 1.20 metres
Note: Reported core lengths represent 50-75% true widths.
Phase I Drilling
The initial 30,000 metre (18,452 metres completed), Phase I drilling program on Cow Mountain was exclusively intended to upgrade areas of geological uncertainty and secondly to augment the geological model in areas that were entirely devoid of historical drilling. The Pinkerton, Sanders, Rainbow
and No. 1 Zones have been drilled in the near surface by previous operators at a sufficient hole spacing as to demonstrate a high degree of geological confidence and as such were not the focus of this first drilling campaign. In total, 101 drillholes have been completed to date on approximately 50 metre centres throughout select areas of Cow Mountain.
New High Grade Gold Extension Discovered
A previously undeveloped and unexplored area of gold-bearing quartz veins hosted between the Sanders and Rainbow Zones at approximately 250 metres vertical depth below surface has been identified during the Phase I program:
-BGM-15-325 9.70 g/t (0.28 oz/t) Au over 7.35 metres including 28.50 g/t (0.83 oz/t) Au over 0.50 metres and 9.60 g/t (0.28 oz/t) Au over 0.50 metres and 44.60 g/t (1.30 oz/t) Au over 1.00 metres
-BGM-16-326 31.67 g/t (0.92 oz/t) Au over 2.90 metres including 11.40 g/t (0.33 oz/t) Au over 0.50 metres and 112.50 g/t (3.28 oz/t) Au over 0.70 metres
-BGM-16-340 5.70 g/t (0.17 oz/t) Au over 10.00 metres including 12.70 g/t (0.37 oz/t) Au over 3.40 metres and 30.30 g/t (0.88 oz/t) Au over 0.50 metres and 18.50 g/t (0.54 oz/t) Au over 0.50 metres and 14.70 g/t (0.43 oz/t) Au over 0.50 metres
-BGM-16-361 6.46 g/t (0.19 oz/t) Au over 12.70 metres including 20.94 g/t (0.61 oz/t) Au over 2.40 metres including 20.20 g/t (0.59 oz/t) Au over 0.70 metres and 47.50 g/t (1.39 oz/t) Au over 0.70 metres
Note: Reported core lengths represent 50-75% true widths.
Drilling in this new extension has now defined a corridor of auriferous quartz veins with a strike length of approximately 140 metres and was targeted because of a scarcity of historical drilling in this location. These new mineralized vein sets are untested at depth and also along strike to the northwest and have only been drilled on widely spaced 50 metre centres.
Current Status
With three drill rigs on Cow Mountain, the budgeted 30,000 metre Phase I campaign is continuing and preferentially concentrated on optimizing the continuity of gold mineralization in the near surface.
Mr. Chris Lodder, President of the Company noted, “The results to date from the Phase I program that targeted areas that lacked any historical drillholes is very positive. Not only have we identified a new mineralized extension with high exploration potential that is untested at depth, but we have also added additional gold mineralization across the extents of Cow Mountain”.
Qualified Persons
Exploration activities at the Cariboo Gold Project are jointly administered on site by the Company’s Project Managers Maggie Layman, P.Geo. and Wanda Carter, P.Geo. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.
Quality Assurance – Quality Control
Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company’s secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by
Paul Geddes, P.Geo, Vice President Exploration of the Company.
Drill core samples are submitted to ALS Geochemistry’s analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 5ppb and upper limit of 10,000ppb. Samples with gold assays greater than 10,000ppb are re-analyzed using 50g fire assay with gravimetric finish, as well as 1,000g screen metallic fire assay. Samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).
For further information on Barkerville Gold Mines Limited please contact:
Tom Obradovich
Chief Executive Officer
(416) 361-2511
tobradovich@barkervillegold.com
About Barkerville Gold Mines Ltd.
The company is focused on developing its extensive land package located in the historical Cariboo Mining District of central British Columbia. BGM's mineral tenures cover 1,164 square kilometres along a strike length of 60 kilometres which includes several past producing hard rock mines of the historic Barkerville Gold Mining Camp near the town of Wells, British Columbia. The QR Project, located approximately 110 kilometres by highway and all weather road from Wells was acquired by BGM in 2010 and boasts a fully permitted 900 tonne/day gold milling and tailings facility. Test mining of the Bonanza Ledge open pit was completed in March of 2015 with 91,489 tonnes of ore milled producing 25,464 ounces of gold. BGM has completed a number of drilling and exploration programs over the past 20 years and is currently compiling this data with all historical information in order develop geologic models which will assist new management and provide the framework to continue to explore the Cariboo Gold Project. An extensive drill program is currently underway with the goal of delineating additional high grade gold mineralization.
Cautionary Statement on Forward -Looking Information
Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Table 1: Length weighted gold composites for drillholes BGM-16-261 through BGM-16-361:
HOLE-ID
FROM
TO
LENGTH
AU G/T
AU OZ/T
BGM-16-261
NSA
BGM-16-262
NSA
BGM-16-263
58.50
60.00
1.50
10.30
0.30
BGM-16-263
127.45
128.20
0.75
166.50
4.86
BGM-16-264
29.50
33.50
4.00
17.02
0.50
INCLUDING
29.50
30.65
1.15
18.75
0.55
AND
30.65
31.95
1.30
24.80
0.72
AND
33.00
33.50
0.50
28.20
0.82
BGM-16-264
119.40
119.90
0.50
86.50
2.52
BGM-16-264
174.00
178.10
4.10
13.55
0.40
INCLUDING
174.00
175.50
1.50
25.20
0.74
AND
177.00
178.10
1.10
15.60
0.46
BGM-16-265
74.50
75.50
1.00
9.06
0.26
BGM-16-266
NSA
BGM-16-267
NSA
BGM-16-268
21.00
22.50
1.50
5.46
0.16
BGM-16-268
34.00
37.00
3.00
5.24
0.15
INCLUDING
36.00
37.00
1.00
9.67
0.28
BGM-16-269
31.00
33.50
2.50
5.46
0.16
INCLUDING
31.00
32.00
1.00
11.35
0.33
BGM-16-270
42.00
42.50
0.50
22.90
0.67
BGM-16-270
47.00
48.00
1.00
9.07
0.26
BGM-16-271
ABANDONED
BGM-16-272
NSA
BGM-16-273
51.05
52.30
1.25
19.15
0.56
BGM-16-273
119.00
122.05
3.05
17.84
0.52
INCLUDING
120.00
120.65
0.65
22.60
0.66
AND
120.65
122.05
1.40
23.20
0.68
BGM-16-273
140.50
141.00
0.50
22.90
0.67
BGM-16-274
NSA
BGM-16-275
NSA
BGM-16-276
72.00
74.20
2.20
10.08
0.29
INCLUDING
72.70
74.20
1.50
13.85
0.40
BGM-16-277
13.00
14.40
1.40
9.92
0.29
BGM-16-277
52.00
53.50
1.50
5.05
0.15
BGM-16-278
NSA
BGM-16-279
`
NSA
BGM-16-280
6.70
33.40
26.70
1.03
0.03
BGM-16-280
42.50
43.80
1.30
38.20
1.11
BGM-16-280
52.50
55.30
2.80
18.42
0.54
INCLUDING
53.30
54.20
0.90
22.90
0.67
AND
54.20
55.30
1.10
26.80
0.78
BGM-16-280
61.80
71.50
9.70
12.51
0.36
INCLUDING
64.50
66.00
1.50
17.95
0.52
AND
68.63
69.50
0.87
98.50
2.87
BGM-16-280
86.50
89.00
2.50
10.40
0.30
INCLUDING
86.50
87.50
1.00
8.37
0.24
AND
87.50
89.00
1.50
11.75
0.34
BGM-16-281
221.40
221.90
0.50
25.40
0.74
BGM-16-282
53.95
55.20
1.25
7.17
0.21
BGM-16-282
79.00
85.50
6.50
15.03
0.44
INCLUDING
79.00
80.00
1.00
50.00
1.46
AND
82.50
84.00
1.50
30.10
0.88
BGM-16-283
48.50
50.00
1.50
51.80
1.51
BGM-16-283
53.00
54.50
1.50
39.60
1.16
BGM-16-284
23.95
25.70
1.75
14.66
0.43
INCLUDING
23.95
24.70
0.75
9.40
0.27
AND
24.70
25.20
0.50
36.30
1.06
BGM-16-285
130.35
131.20
0.85
10.90
0.32
BGM-16-286
NSA
BGM-16-287
156.20
157.00
0.80
42.80
1.25
BGM-16-287
172.50
173.20
0.70
13.20
0.39
BGM-16-288
173.00
183.50
10.50
3.76
0.11
INCLUDING
173.00
174.50
1.50
13.15
0.38
AND
180.50
181.10
0.60
7.44
0.22
AND
182.40
183.50
1.10
12.80
0.37
BGM-16-289
100.10
101.00
0.90
14.95
0.44
BGM-16-289
119.00
125.00
6.00
8.79
0.26
INCLUDING
121.80
125.00
3.20
14.70
0.43
INCLUDING
121.80
122.30
0.50
16.80
0.49
AND
123.60
124.10
0.50
38.70
1.13
AND
124.10
125.00
0.90
15.65
0.46
BGM-16-289
155.60
156.20
0.60
11.15
0.33
BGM-16-290
NSA
BGM-16-291
NSA
BGM-16-292
104.55
105.30
0.75
9.37
0.27
BGM-16-292
153.30
153.90
0.60
23.10
0.67
BGM-16-293
NSA
BGM-16-294
103.00
104.00
1.00
8.00
0.23
BGM-16-295
160.50
161.00
0.50
24.10
0.70
BGM-16-296
59.95
60.55
0.60
74.10
2.16
BGM-16-297
9.50
14.00
4.50
10.76
0.31
INCLUDING
11.00
12.50
1.50
31.20
0.91
BGM-16-297
73.50
75.50
2.00
34.16
1.00
INCLUDING
73.50
74.20
0.70
96.90
2.83
BGM-16-297
133.50
135.00
1.50
6.50
0.19
BGM-16-298
41.00
42.50
1.50
5.49
0.16
BGM-16-298
51.50
53.00
1.50
6.34
0.18
BGM-16-298
200.30
201.00
0.70
6.17
0.18
BGM-16-298
204.50
211.30
6.80
30.98
0.90
INCLUDING
204.50
205.40
0.90
21.70
0.63
AND
207.70
211.30
3.60
52.94
1.54
INCLUDING
207.70
208.80
1.10
144.50
4.21
AND
208.80
209.80
1.00
15.85
0.46
AND
210.80
211.30
0.50
16.00
0.47
BGM-16-298
224.20
225.80
1.60
11.60
0.34
INCLUDING
224.20
225.00
0.80
12.70
0.37
AND
225.00
225.80
0.80
10.50
0.31
BGM-16-299
153.55
154.15
0.60
24.60
0.72
BGM-16-300
52.50
55.50
3.00
10.76
0.31
INCLUDING
53.00
54.50
1.50
26.30
0.77
BGM-16-300
74.00
76.50
2.50
11.67
0.34
INCLUDING
75.50
76.50
1.00
27.50
0.80
BGM-16-301
98.50
99.50
1.00
8.27
0.24
BGM-16-302
55.50
56.40
0.90
41.00
1.20
BGM-16-302
81.30
87.40
6.10
3.77
0.11
INCLUDING
81.30
82.00
0.70
11.95
0.35
AND
85.00
86.00
1.00
7.01
0.20
BGM-16-303
79.10
82.15
3.05
12.17
0.36
INCLUDING
79.10
80.20
1.10
13.20
0.39
AND
81.55
82.15
0.60
29.10
0.85
BGM-16-303
94.00
94.50
0.50
52.60
1.53
BGM-16-304
107.00
108.15
1.15
9.60
0.28
BGM-16-305
33.50
34.00
0.50
16.70
0.49
BGM-16-305
95.95
96.65
0.70
8.79
0.26
BGM-16-306
188.20
188.80
0.60
92.40
2.70
BGM-16-306
198.50
199.00
0.50
61.60
1.80
BGM-16-307
131.30
132.00
0.70
6.05
0.18
BGM-16-307
138.00
152.40
14.40
3.80
0.11
INCLUDING
141.00
142.50
1.50
20.60
0.60
AND
150.85
151.40
0.55
23.10
0.67
BGM-16-307
165.50
170.00
4.50
5.52
0.16
INCLUDING
166.52
167.00
0.48
33.50
0.98
AND
169.50
170.00
0.50
13.30
0.39
BGM-16-307
185.00
190.00
5.00
34.79
1.01
INCLUDING
186.30
187.40
1.10
113.00
3.30
AND
187.40
188.50
1.10
42.60
1.24
BGM-16-307
197.70
198.20
0.50
60.10
1.75
BGM-16-308
NSA
BGM-16-309
347.60
348.15
0.55
13.10
0.38
BGM-16-310
130.50
131.50
1.00
37.50
1.09
BGM-16-311
27.50
37.50
10.00
6.36
0.19
INCLUDING
27.50
30.00
2.50
21.40
0.62
INCLUDING
27.50
28.75
1.25
27.80
0.81
AND
28.75
30.00
1.25
15.00
0.44
BGM-16-312
26.50
27.40
0.90
11.60
0.34
BGM-16-312
30.00
31.00
1.00
6.84
0.20
BGM-16-312
34.00
35.00
1.00
10.55
0.31
BGM-16-312
43.15
44.15
1.00
9.57
0.28
BGM-16-312
62.70
63.85
1.15
8.90
0.26
BGM-16-313
7.00
8.50
1.50
24.70
0.72
BGM-16-314
25.50
27.00
1.50
17.40
0.51
BGM-16-315
65.00
68.00
3.00
28.40
0.83
INCLUDING
65.00
66.20
1.20
70.10
2.04
BGM-16-316
84.00
86.00
2.00
22.27
0.65
INCLUDING
85.00
86.00
1.00
43.10
1.26
BGM-16-316
134.15
144.50
10.35
6.76
0.20
INCLUDING
134.15
135.00
0.85
28.60
0.83
AND
140.80
142.00
1.20
31.10
0.91
BGM-16-316
170.70
171.80
1.10
8.95
0.26
BGM-16-317
8.80
9.80
1.00
35.20
1.03
BGM-16-318
8.60
17.30
8.70
5.19
0.15
INCLUDING
8.60
9.65
1.05
7.98
0.23
AND
16.75
17.30
0.55
64.20
1.87
BGM-16-318
76.00
76.60
0.60
7.84
0.23
BGM-16-318
128.00
129.55
1.55
23.40
0.68
BGM-16-319
NSA
BGM-16-320
105.97
106.95
0.98
19.40
0.57
BGM-16-320
114.40
115.20
0.80
7.70
0.22
BGM-16-321
105.00
108.00
3.00
15.47
0.45
INCLUDING
105.00
106.50
1.50
23.80
0.69
AND
106.50
108.00
1.50
7.14
0.21
BGM-16-321
164.50
165.50
1.00
107.00
3.12
BGM-16-322
NSA
BGM-16-323
NSA
BGM-16-324
125.50
127.00
1.50
95.30
2.78
INCLUDING
125.50
126.20
0.70
24.80
0.72
AND
126.20
127.00
0.80
157.00
4.58
BGM-16-325
117.50
118.00
0.50
73.40
2.14
BGM-16-325
295.85
303.20
7.35
9.70
0.28
INCLUDING
295.85
296.35
0.50
28.50
0.83
AND
301.70
302.20
0.50
9.60
0.28
AND
302.20
303.20
1.00
44.60
1.30
BGM-16-326
251.50
252.00
0.50
9.18
0.27
BGM-16-326
263.00
263.50
0.50
7.87
0.23
BGM-16-326
269.00
269.50
0.50
11.05
0.32
BGM-16-326
296.00
298.90
2.90
31.67
0.92
INCLUDING
296.50
297.00
0.50
11.40
0.33
AND
298.20
298.90
0.70
112.50
3.28
BGM-16-327
11.00
11.50
0.50
36.30
1.06
BGM-16-327
29.50
30.00
0.50
46.30
1.35
BGM-16-328
9.00
10.50
1.50
23.50
0.69
BGM-16-329
45.70
46.45
0.75
15.20
0.44
BGM-16-329
133.00
134.00
1.00
7.70
0.22
BGM-16-330
77.00
78.50
1.50
9.10
0.27
BGM-16-330
88.85
89.40
0.55
34.30
1.00
BGM-16-331
159.65
164.85
5.20
6.40
0.19
INCLUDING
159.65
160.40
0.75
39.00
1.14
BGM-16-332
78.50
81.60
3.10
19.29
0.56
INCLUDING
78.50
79.50
1.00
30.00
0.88
AND
79.50
80.50
1.00
16.50
0.48
AND
80.50
81.60
1.10
12.10
0.35
BGM-16-332
91.60
92.60
1.00
33.90
0.99
BGM-16-332
144.50
146.00
1.50
22.20
0.65
BGM-16-333
30.10
39.40
9.30
10.62
0.31
INCLUDING
30.10
33.00
2.90
23.78
0.69
INCLUDING
30.10
31.10
1.00
42.40
1.24
AND
32.30
33.00
0.70
29.70
0.87
BGM-16-333
38.70
39.40
0.70
40.80
1.19
BGM-16-334
114.50
116.00
1.50
7.01
0.20
INCLUDING
115.30
116.00
0.70
10.00
0.29
BGM-16-335
25.46
26.85
1.39
16.52
0.48
INCLUDING
25.46
26.00
0.54
38.50
1.12
BGM-16-335
37.55
38.80
1.25
9.42
0.27
BGM-16-335
56.60
64.00
7.40
4.88
0.14
INCLUDING
59.00
64.00
5.00
6.58
0.19
INCLUDING
59.00
60.00
1.00
9.62
0.28
AND
62.55
64.00
1.45
15.20
0.44
BGM-16-335
90.65
92.00
1.35
7.34
0.21
BGM-16-336
33.10
34.00
0.90
78.70
2.30
BGM-16-336
83.30
83.80
0.50
22.60
0.66
BGM-16-336
92.00
93.00
1.00
16.70
0.49
BGM-16-336
106.00
107.50
1.50
7.46
0.22
BGM-16-337
38.45
38.95
0.50
33.20
0.97
BGM-16-337
52.90
53.75
0.85
27.20
0.79
BGM-16-337
66.40
74.40
8.00
7.60
0.22
INCLUDING
66.40
67.55
1.15
29.40
0.86
AND
73.05
74.40
1.35
13.00
0.38
BGM-16-338
52.00
59.00
7.00
2.64
0.08
BGM-16-338
55.60
56.60
1.00
7.31
0.21
BGM-16-338
139.30
140.00
0.70
10.60
0.31
BGM-16-339
NSA
BGM-16-340
261.90
271.90
10.00
5.70
0.17
INCLUDING
268.50
271.90
3.40
12.70
0.37
AND
268.50
269.00
0.50
30.30
0.88
AND
269.00
269.50
0.50
18.50
0.54
AND
270.25
270.90
0.65
15.40
0.45
AND
271.40
271.90
0.50
14.70
0.43
BGM-16-341
116.40
117.10
0.70
26.40
0.77
BGM-16-341
122.00
122.50
0.50
8.90
0.26
BGM-16-341
160.60
161.10
0.50
20.50
0.60
BGM-16-341
246.00
246.50
0.50
11.40
0.33
BGM-16-341
265.50
266.50
1.00
10.30
0.30
BGM-16-342
53.25
53.90
0.65
12.80
0.37
BGM-16-343
NSA
BGM-16-344
ABANDONED
BGM-16-345
99.40
100.20
0.80
14.80
0.43
BGM-16-345
194.00
195.50
1.50
16.30
0.48
BGM-16-346
ABANDONED
BGM-16-347
89.45
92.00
2.55
119.69
3.49
INCLUDING
89.45
90.85
1.40
216.93
6.33
INCLUDING
89.45
90.35
0.90
317.00
9.25
AND
90.35
90.85
0.50
36.80
1.07
BGM-16-348
83.80
84.60
0.80
9.31
0.27
BGM-16-349
171.50
177.40
5.90
21.41
0.62
INCLUDING
171.50
173.00
1.50
50.90
1.48
AND
176.70
177.40
0.70
71.10
2.07
BGM-16-350
121.00
121.50
0.50
33.20
0.97
BGM-16-350
125.00
126.25
1.25
12.50
0.36
BGM-16-351
162.90
164.00
1.10
10.40
0.30
BGM-16-352
75.00
80.00
5.00
28.45
0.83
INCLUDING
75.50
78.50
3.00
44.05
1.28
INCLUDING
75.50
77.00
1.50
43.50
1.27
AND
77.00
78.50
1.50
44.60
1.30
BGM-16-353
281.90
282.90
1.00
12.60
0.37
BGM-16-354
ABANDONED
BGM-16-355
119.35
119.90
0.55
41.40
1.21
BGM-16-356
NSA
BGM-16-357
115.40
116.30
0.90
10.00
0.29
BGM-16-357
137.30
137.85
0.55
54.30
1.58
BGM-16-358
66.00
67.50
1.50
42.90
1.25
BGM-16-359
51.40
52.00
0.60
9.80
0.29
BGM-16-359
93.50
95.45
1.95
13.52
0.39
INCLUDING
94.75
95.45
0.70
28.20
0.82
BGM-16-359
114.50
116.00
1.50
13.50
0.39
BGM-16-359
123.15
124.40
1.25
210.00
6.13
BGM-16-359
146.30
147.60
1.30
9.08
0.26
BGM-16-359
168.45
176.50
8.05
22.84
0.67
INCLUDING
168.45
171.10
2.65
53.57
1.56
INCLUDING
168.45
169.90
1.45
66.20
1.93
AND
169.90
171.10
1.20
38.30
1.12
BGM-16-360
112.80
113.50
0.70
6.70
0.20
BGM-16-360
119.65
120.20
0.55
11.30
0.33
BGM-16-361
203.00
206.50
3.50
8.96
0.26
INCLUDING
204.00
205.00
1.00
24.60
0.72
BGM-16-361
242.30
255.00
12.70
6.46
0.19
INCLUDING
250.30
252.70
2.40
20.94
0.61
INCLUDING
250.30
251.00
0.70
20.20
0.59
AND
252.00
252.70
0.70
47.50
1.39
Notes:
(1)Core lengths represent 50-75% true widths. Rock not recovered by drilling was assigned zero grade and not included in the composites. Top cuts have not been applied to high grade assays. Conversion factor: 1.0 oz/t = 34.2857 g/t.
(2)NSA – No Significant Assays.
Table 2: Drillhole Collar Orientations
HOLE-ID
AZIMUTH
DIP
HOLE-ID
AZIMUTH
DIP
HOLE-ID
AZIMUTH
DIP
BGM-16-261
175.7
-45.1
BGM-16-295
167.7
-60.0
BGM-16-329
167.9
-69.9
BGM-16-262
175.0
-65.1
BGM-16-296
172.3
-46.0
BGM-16-330
352.0
-49.6
BGM-16-263
177.0
-45.0
BGM-16-297
175.5
-44.8
BGM-16-331
351.1
-69.5
BGM-16-264
177.9
-64.1
BGM-16-298
174.1
-59.9
BGM-16-332
172.8
-43.7
BGM-16-265
175.6
-44.8
BGM-16-299
175.5
-70.0
BGM-16-333
169.6
-57.3
BGM-16-266
175.9
-64.8
BGM-16-300
171.3
-60.0
BGM-16-334
168.5
-71.5
BGM-16-267
176.0
-46.0
BGM-16-301
168.1
-70.2
BGM-16-335
171.2
-45.5
BGM-16-268
172.9
-60.0
BGM-16-302
169.6
-45.5
BGM-16-336
168.5
-45.0
BGM-16-269
173.0
-70.0
BGM-16-303
173.4
-60.0
BGM-16-337
166.3
-56.4
BGM-16-270
176.7
-50.4
BGM-16-304
174.7
-70.1
BGM-16-338
166.2
-68.7
BGM-16-271
178.0
-59.9
BGM-16-305
173.2
-44.5
BGM-16-339
171.0
-46.3
BGM-16-272
176.1
-60.3
BGM-16-306
173.6
-60.4
BGM-16-340
170.8
-60.9
BGM-16-273
174.3
-49.1
BGM-16-307
173.8
-70.0
BGM-16-341
169.0
-69.8
BGM-16-274
171.2
-69.6
BGM-16-308
174.9
-44.9
BGM-16-342
172.1
-44.8
BGM-16-275
178.5
-45.0
BGM-16-309
175.7
-59.2
BGM-16-343
166.0
-72.6
BGM-16-276
177.0
-59.6
BGM-16-310
174.3
-71.6
BGM-16-344
137.3
-44.6
BGM-16-277
174.0
-69.9
BGM-16-311
172.8
-45.3
BGM-16-345
135.5
-44.5
BGM-16-278
176.7
-70.2
BGM-16-312
175.7
-59.3
BGM-16-346
162.6
-44.7
BGM-16-279
173.9
-44.7
BGM-16-313
175.1
-66.1
BGM-16-347
166.3
-45.0
BGM-16-280
171.9
-64.9
BGM-16-314
169.7
-45.0
BGM-16-348
163.9
-44.0
BGM-16-281
166.8
-45.8
BGM-16-315
166.2
-68.6
BGM-16-349
127.5
-54.9
BGM-16-282
169.2
-46.0
BGM-16-316
358.9
-48.3
BGM-16-350
163.4
-60.2
BGM-16-283
175.4
-46.2
BGM-16-317
173.1
-45.4
BGM-16-351
161.7
-70.3
BGM-16-284
176.8
-60.0
BGM-16-318
132.0
-45.1
BGM-16-352
172.6
-45.4
BGM-16-285
175.8
-69.5
BGM-16-319
135.5
-65.7
BGM-16-353
173.0
-59.0
BGM-16-286
173.8
-48.0
BGM-16-320
170.6
-45.6
BGM-16-354
170.7
-69.8
BGM-16-287
174.5
-44.8
BGM-16-321
129.8
-52.5
BGM-16-355
178.6
-43.9
BGM-16-288
174.8
-59.9
BGM-16-322
129.7
-59.6
BGM-16-356
177.4
-59.2
BGM-16-289
176.1
-69.2
BGM-16-323
169.4
-60.1
BGM-16-357
356.5
-65.3
BGM-16-290
171.4
-44.8
BGM-16-324
168.4
-45.4
BGM-16-358
174.3
-45.1
BGM-16-291
174.1
-45.1
BGM-16-325
168.7
-59.7
BGM-16-359
175.8
-60.5
BGM-16-292
177.8
-61.0
BGM-16-326
166.8
-70.9
BGM-16-360
176.4
-70.5
BGM-16-293
173.0
-69.6
BGM-16-327
168.1
-53.8
BGM-16-361
168.6
-69.6
BGM-16-294
169.6
-45.1
BGM-16-328
169.1
-65.0
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Read more at http://www.stockhouse.com/news/press-releases/2016/06/29/barkerville-gold-mines-intersects-30-98-g-t-0-90-oz-t-au-over-6-80-metres-in#KB0w2zfFS6Tk3F1P.99
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