Barkerville Gold Mines Discovers New Gold Horizon at Cariboo

Barkerville Gold Mines (TSXV:BGM) has discovered a new high-grade gold horizon at Barkerville Mountain at its Cariboo gold project.Multiple mineralized veins have been identified. The KL horizon has been identified over a strike length of 60 meters, and remains open in all directions
As quoted in the press release, significant assays included:

• 8.38 gpt/1.77m (including 11.95 gpt/0.79m), and 13.47 gpt/0.52m and 6.09 gpt/0.95m in BGM-15-022
• 5.65 gpt/1.5m, 4.83 gpt/4.8 m (including 15.04 gpt/0.8m, 6.01gpt/0.9m, 4.87gpt/1.0m), and 8.99 gpt/1.0m and 6.47gpt/1.2m in BGM-15-023
• 6.39gpt/7.3m (including 15.63gpt/1.05m, 13.90gpt/0.6m, 15.09 gpt/1.25m), and 10.33 gpt/0.85m in BGM-15-024
• 3.55 gpt/9.8m (including 7.39 gpt/0.8m, 5.58 gpt/4.25m, 7.03gpt/1.25m, 12.73 gpt/1.0m), 14.07 gpt/2.0m (including 9.09 gpt/1.0m, 19.04 gpt/1.0m) in BGM-15-025
• 13.95 gpt/1.9m (including 15.34 gpt/1.6m) in BGM-15-027

Tom Obradovich, President and CEO of Barkerville, said:

We are very pleased to have made a new discovery in a previously unexplored area which has never been drilled. The high grades we encountered on this first pass of shallow drilling and the consistency of the mineralization supports our belief that we are in the early stages of developing a large gold system.

Click here for the full press release.