Barkerville Gold Mines Ltd. (TSX-V:BGM) talks about gold production in 2014 and various projects in British Columbia, Canada.
Barkerville Gold Mines Ltd. (TSXV:BGM) President & CEO, Frank Callaghan, spoke to Resource Investing News at the Prospectors and Developers Association of Canada (PDAC) Convention about its various projects in British Columbia, Canada. One of the properties, Bonanza Lodge, is permitted, with production expected in the spring of 2014. A new resource estimate on another project, Cow Mountain, is expected to be completed “in the first part of the early summer”.
Barkerville Gold Mines Ltd. has focused on exploration and development of gold projects in the Cariboo Mining District in central B.C from the mid-1990s to present. The Company’s mineral tenures cover 1,164 km2 along a strike length of 60 km and approximate width of 20 km, including the Cariboo Gold Project, the Bonanza Ledge Gold Project, the Barkerville Mountain and Island Mountain exploration targets and seven past producing hard rock mines. The QR Property was acquired in February 2010 and includes a 900 tonne/day gold milling facility and a permitted gold mine located approximately 110 km by highway and all-weather road from the Barkerville Gold Camp. In November 2010, the Company acquired a second permitted mill currently on care and maintenance in Revelstoke, B.C. The Company has completed significant drilling and exploration programs and, together with the historical data, is compiling all information to determine the geologic models and updated technical reports to continue with exploration and development of the Cariboo Gold projects.