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    gold investing

    BGM Intersects 17.30 G/T Au Over 7.50 Metres at Valley Zone

    Written by Priscila Barrera
    |
    Jul. 05, 2017 08:47AM PST

    Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional drilling results from the ongoing 130,000 metre Phase II Island Mountain exploration drilling program at the Company’s flagship Cariboo Gold Project. The Company is currently exploring and delineating the Valley and Shaft Zones with seven drill rigs, while an eighth drill …

    Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional drilling results from the ongoing 130,000 metre Phase II Island Mountain exploration drilling program at the Company’s flagship Cariboo Gold Project. The Company is currently exploring and delineating the Valley and Shaft Zones with seven drill rigs, while an eighth drill rig is conducting exploratory drilling on Barkerville Mountain. Detailed drilling results, a drill hole location plan map, vertical section and longitudinal section are presented at the end of this release.
    As quoted in the press release:

    “The high-grade vein corridors in the Valley Zone continue to be identified and will require infill drilling later in the year.” noted Chris Lodder, President and CEO of Barkerville Gold Mines. “Seven drills are focused on infill drilling on Island Mountain and one rig is conducting reconnaissance drilling on Barkerville Mountain. Regional exploration in the larger land package was reinitiated last week and will continue until late September. The objective of the regional exploration program is to continue the advancement of future drill targets. Underground mine development continues at Bonanza Ledge with processing at the QR mill to start in August.”

    Click here for the full text release

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