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Barkerville Gold Mines application to Commence Production at Bonanza Ledge Accepted for Review

Investing News Network
Dec. 14, 2010 05:30PM PST
Gold Investing

Barkerville Gold Mines Ltd. (CVE:BGM) reports that an Application to commence production from its Bonanza Ledge Property has been accepted for review under the British Columbia Mines Act.

Barkerville Gold Mines Ltd. (TSXV:BGM) reports that an Application to commence production from its Bonanza Ledge Property has been accepted for review under the British Columbia Mines Act.

The press release is quoted as saying:

The 60-day review of the Bonanza Ledge Application ends January 29, 2011. On approval, the Company is prepared to begin development and gold production from the Bonanza Ledge on Barkerville Mountain. The Application is for a 70,000 tonne/year open pit operation, with trucking to the Company’s QR Mill near Quesnel, B.C., by existing highway and forest service road. No new infrastructure is required to support the operation. Upon approval, Bonanza Ledge ore will augment gold production at the Company’s permitted QR Mine & Mill. The QR Mill is a 900 tonne/day facility currently in production and shipping gold doré bars.

Click here to access the entire press release

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