Precious Metals

Barkerville Gold Mines Ltd. announced additional drilling results from the 2017 Valley Zone and Barkerville Mountain exploration and drilling programs at the company’s flagship Cariboo Gold project.

Barkerville Gold Mines Ltd. (TSXV:BGM) announced additional drilling results from the 2017 Valley Zone and Barkerville Mountain exploration and drilling programs at the company’s flagship Cariboo Gold Project.

Drill highlights are as follows:

  • CM-17-078: 11.22 g/t Au over 8.25 meters
  • CM-17-084: 22.11 g/t Au over 5.85 meters
  • CM-17-096: 12.50 g/t Au over 8.00 meters
  • CM-17-096: 2250 g/t Au over 0.50 meters
  • BM-17-001: 9.60 g/t Au over 2.10 meters
  • BM-17-008: 22.72 g/t Au over 1.50 meters

As quoted in the press release:

The Company is pleased to report vein mineralization expansion from the exploration drilling at Valley Zone. Drill hole CM-17-084 intersected 7.45 g/t Au over 6.70 meters at a vertical depth of 400 meters. Further down hole, CM-17-084 intersected 22.11 g/t Au over 5.85 meters demonstrating wide vein corridors in the Valley Zone.

Drillhole CM-17-096 intersected 12.50 g/t Au over 8.00 meters down dip of existing modelled veins, and 11.74 g/t Au over 5.15 meters further down hole. CM-17-096 also intersected a 0.5 m wide vein that assayed 2,250 g/t Au.

In addition to results at Valley Zone, the Company’s 4,000-meter Phase I exploration program on Barkerville Mountain yielded mineralized vein intersections of 9.60 g/t Au over 2.10 meters in BM-17-001 at a vertical depth of 180 meters. Drillhole BM-17-002 intersected 4.09 g/t Au over 4.25 meters located 70 meters down dip of BM-17-001. Drillhole BM-17-008 intersected mineralized quartz vein with 22.72 g/t Au over 1.50 meters at a vertical depth of 400 meters. These intersections are adjacent to the previously reported KL zone target area. These intersections remain untested along strike and at depth, holes in this area are at approximately 100 meter spacing and have analogous host lithology and mineralization to the veins present on Cow and Island Mountain. Further drilling is warranted in this area.

Click here to read the full Barkerville Gold Mines Ltd. (TSXV:BGM) press release.

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