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Gold/Mining/Energy BGM

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To: howestreetbull who wrote (111)

5/8/2018 8:08:21 AM

From: howestreetbull

by @nasdaq on May 8, 2018
Barkerville Gold Mines: Infill Drilling Confirms High-grade Gold Mineralization

TORONTO, May 08, 2018 (GLOBE NEWSWIRE) -- Barkerville Gold Mines Ltd. (TSXV:BGM) (the “Company” or “Barkerville”) is pleased to announce additional drilling results from the 50,000-meter 2018 Island Mountain exploration and delineation program at the Company’s flagship Cariboo Gold Project. Detailed drilling results, a drill hole location plan map and vertical sections are presented at the end of this release. The infill drilling results continue to demonstrate continuity and expansion of modelled vein corridors.


	Historic Underground Workings and Modelled Vein Zones


	Island Mountain Drilling


	Island Mountain Drilling Section

Drilling Highlights

IM-18-023: 42.20 g/t over 2.00 meters

IM-18-023: 54.51 g/t over 1.75 meters

IM-18-023: 73.8 g/t over 1.25 meters

IM-18-033: 16.96 g/t over 9.30 meters

IM-18-038: 12.54 g/t over 18.2 meters

IM-18-038: 17.91 g/t over 5.65 meters

IM-18-039: 22.87 g/t over 5.85 meters

IM-18-041: 36.41 g/t over 4.30 meters

IM-18-046: 27.41 g/t over 4.35 meters

Vein Zone Continuity on Island Mountain

The intervals noted above were intersected in holes designed to infill and expand known vein corridors on the property down to depths of 500 meters. The program consisted of 50,000 meters drilled in 162 holes, mainly in the Shaft Zone area. Mineralized quartz veins on the Cariboo Gold Project are hosted within the sandstones and are an anastomosing network of high vein density with an overall sub-vertical dip and northeast strike. Recent modelling of the vein corridors Island Mountain proposes 101 mineralized vein corridors. These vein corridors have estimated horizontal width of 3 meters and a strike length of up to 300 meters. These corridors have been defined from surface to a vertical depth of 600 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins.

Qualified Persons

Exploration activities at the Cariboo Gold Project are administered on site by the Company’s Project Geologists, Kyle Orr and Felipe Castaneda. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance – Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company’s secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by the Company’s Qualified Person, Maggie Layman, P.Geo, Vice President Exploration.

Drill core samples are submitted to ALS Geochemistry’s analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 1,000g screen metallic fire assay. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

For further information on Barkerville Gold Mines Ltd. please contact:

Chris Lodder
President & Chief Executive Officer
155 University Avenue, Suite 1440
Toronto, Ontario, Canada
clodder@barkervillegold.com

About Barkerville Gold Mines Ltd.

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. Barkerville’s Cariboo Gold Project mineral tenures cover 1,950 square kilometres; along a strike length of 67 kilometres which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company’s Brownfield’s exploration team is focused on developing and delineating a mineable resource within the 7 kilometers of principle project area located near the town of Wells, British Columbia. The Company’s Greenfield’s team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation’s team is focused on developing and mining the Bonanza Ledge and BC Vein deposits on Barkerville Mountain. This operation allows the company to generate near term cash flow, train a local work force, keeps the present mining permit active, and de-risk’s the project through staged production growth. Processing of material from these deposits is processed at the QR mill. QR is a fully owned, permitted mill and tailings facility, located approximately 110 kilometres away from Wells, and can be accessed by an all-season road.

Cautionary Statement on Forward -Looking Information
Neither the TSX Venture Exchange (‘TSXV’) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Table 1: Length weighted gold composites from Island Mountain
HOLE ID		FROM	TO	CORE LENGTH (M)	AU (G/T)
IM-18-023		79.75	80.30	0.55	15.35
		221.70	222.60	0.90	8.49
		230.50	231.00	0.50	5.63
		265.35	266.20	0.85	5.26
		281.50	282.15	0.65	15.00
		316.00	318.00	2.00	42.20
	INCLUDING	317.00	318.00	1.00	58.00
		352.75	354.50	1.75	54.51
	INCLUDING	353.25	354.50	1.25	73.80
		366.90	368.25	1.35	4.81
		384.75	385.25	0.50	5.12
		513.00	514.50	1.50	5.74
		517.00	518.50	1.50	7.83
IM-18-023_1		354.00	354.80	0.80	20.20
		368.95	370.50	1.55	4.65
		394.70	395.30	0.60	10.10
IM-18-024	ABANDONED
IM-18-025		51.35	51.95	0.60	16.40
		63.40	63.90	0.50	15.60
		85.00	86.00	1.00	11.30
		90.85	91.35	0.50	22.40
		96.35	99.55	3.20	9.57
	INCLUDING	97.15	98.65	1.50	13.05
		112.80	114.30	1.50	61.40
		194.20	194.90	0.70	5.24
		240.15	240.65	0.50	4.92
IM-18-026		51.95	54.70	2.75	31.83
	INCLUDING	53.40	54.10	0.70	51.20
	AND	54.10	54.70	0.60	61.00
		97.75	99.50	1.75	7.54
	INCLUDING	97.75	99.00	1.25	9.43
		134.00	136.75	2.75	9.44
	INCLUDING	134.00	134.85	0.85	16.65
	INCLUDING	134.85	135.40	0.55	15.25
		153.65	154.15	0.50	10.45
		214.20	214.75	0.55	68.90
IM-18-027		83.15	85.00	1.85	13.41
	INCLUDING	83.15	83.65	0.50	18.80
	AND	83.65	84.30	0.65	21.10
		171.55	172.80	1.25	11.50
	INCLUDING	172.25	172.80	0.55	19.40
		171.55	172.80	1.25	11.50
	INCLUDING	172.25	172.80	0.55	19.40
		174.45	179.15	4.70	12.82
	INCLUDING	174.95	175.55	0.60	18.35
	AND	177.65	178.40	0.75	25.50
	AND	178.40	179.15	0.75	15.50
		181.60	185.35	3.75	5.21
	INCLUDING	181.60	182.20	0.60	11.50
	AND	184.30	184.85	0.55	13.15
	AND	184.85	185.35	0.50	7.72
		361.50	362.85	1.35	53.24
		396.15	396.65	0.50	25.00
		397.15	397.65	0.50	5.27
		401.00	401.55	0.55	82.30
		402.60	403.10	0.50	6.44
		408.05	408.60	0.55	8.70
IM-18-028		163.30	164.20	0.90	7.03
IM-18-029		81.10	82.50	1.40	17.10
IM-18-030		28.50	29.40	0.90	15.40
		33.70	34.25	0.55	16.90
		152.00	152.60	0.60	5.87
		225.80	226.30	0.50	4.76
		303.00	303.75	0.75	5.66
		305.80	306.30	0.50	17.40
		344.35	345.10	0.75	9.66
		350.30	350.80	0.50	6.11
		389.50	390.70	1.20	15.01
	INCLUDING	390.10	390.70	0.60	22.70
IM-18-031		34.00	34.90	0.90	5.68
		83.15	83.70	0.55	30.10
		88.15	90.00	1.85	17.81
	INCLUDING	89.10	90.00	0.90	28.90
IM-18-032		66.00	66.50	0.50	9.13
		87.80	88.30	0.50	4.62
		112.50	113.25	0.75	47.20
IM-18-033		31.15	31.80	0.65	4.14
		32.75	33.25	0.50	4.51
		143.20	145.20	2.00	5.79
		145.90	146.40	0.50	4.16
		148.20	148.85	0.65	5.19
		163.50	165.00	1.50	3.22
		210.60	212.50	1.90	17.36
	INCLUDING	210.60	211.25	0.65	29.50
	AND	211.75	212.50	0.75	18.40
		216.50	217.50	1.00	19.15
	INCLUDING	217.00	217.50	0.50	26.90
		266.85	267.35	0.50	13.05
		337.00	338.15	1.15	15.25
		428.75	430.95	2.20	12.71
	INCLUDING	428.75	429.25	0.50	24.20
		473.30	482.60	9.30	16.96
	INCLUDING	473.30	474.00	0.70	16.05
	AND	474.00	474.50	0.50	53.60
	AND	476.00	476.65	0.65	57.90
	AND	476.65	477.35	0.70	21.50
	AND	479.50	480.00	0.50	18.15
	AND	480.00	481.25	1.25	29.30
	AND	482.00	482.60	0.60	14.65
		492.50	493.00	0.50	5.08
		497.00	497.50	0.50	5.67
IM-18-034		11.00	11.65	0.65	23.40
		21.15	22.00	0.85	12.50
		84.00	84.55	0.55	36.50
		121.80	122.55	0.75	6.82
		135.90	136.65	0.75	6.02
		161.00	162.50	1.50	7.09
	INCLUDING	162.00	162.50	0.50	9.60
		165.50	166.30	0.80	8.99
		242.65	243.30	0.65	11.90
		244.20	245.50	1.30	21.39
IM-18-035		89.00	89.50	0.50	4.59
		100.65	102.00	1.35	11.00
		115.35	116.50	1.15	4.57
IM-18-036		125.60	126.10	0.50	9.45
		220.15	220.80	0.65	16.80
		297.80	299.00	1.20	3.77
		327.50	328.85	1.35	11.57
	INCLUDING	327.50	328.15	0.65	15.25
		344.50	347.50	3.00	14.25
		344.50	345.00	0.50	56.20
		347.00	347.50	0.50	26.00
		355.55	356.20	0.65	22.30
		398.60	399.50	0.90	17.90
		407.35	407.95	0.60	15.40
		409.15	409.70	0.55	4.11
		412.75	413.40	0.65	8.01
		414.15	414.65	0.50	16.75
IM-18-037	ABANDONED
IM-18-038		61.90	64.10	2.20	34.04
	INCLUDING	62.50	63.00	0.50	55.20
		66.00	70.60	4.60	20.34
	INCLUDING	67.00	68.30	1.30	30.20
		77.80	78.70	0.90	13.00
		81.80	100.00	18.20	12.54
	INCLUDING	81.80	82.60	0.80	26.20
	AND	84.20	85.00	0.80	34.60
	AND	85.00	86.50	1.50	25.90
	AND	91.00	92.50	1.50	15.80
	AND	92.50	93.00	0.50	16.30
	AND	96.00	97.00	1.00	13.75
		102.00	103.00	1.00	11.15
		104.00	104.60	0.60	5.90
		116.05	117.80	1.75	15.96
	INCLUDING	116.05	116.55	0.50	22.50
		171.40	172.50	1.10	46.21
	INCLUDING	171.40	172.00	0.60	80.60
		218.70	219.20	0.50	11.60
		223.75	224.25	0.50	91.90
		226.30	239.00	12.70	4.22
	INCLUDING	227.80	228.30	0.50	6.17
	AND	229.55	230.30	0.75	29.00
	AND	233.50	234.00	0.50	6.68
	AND	237.35	238.00	0.65	8.28
	AND	238.50	239.00	0.50	10.40
		244.00	249.65	5.65	17.91
	INCLUDING	244.00	245.00	1.00	10.70
	AND	248.35	249.65	1.30	67.00
IM-18-039		50.50	51.30	0.80	31.50
		54.85	60.70	5.85	22.87
	INCLUDING	54.85	56.10	1.25	44.60
	AND	59.00	60.00	1.00	61.50
	AND	60.00	60.70	0.70	11.00
		104.60	105.35	0.75	5.52
		112.80	113.30	0.50	12.15
		116.50	117.00	0.50	19.20
		120.00	120.50	0.50	4.81
		148.80	151.00	2.20	12.69
	INCLUDING	149.50	151.00	1.50	16.65
		192.40	193.30	0.90	4.52
		222.15	222.80	0.65	5.00
		244.70	247.65	2.95	7.53
	INCLUDING	247.15	247.65	0.50	15.50
		251.00	252.00	1.00	10.25
		282.70	284.30	1.60	7.65
	INCLUDING	283.60	284.30	0.70	10.05
IM-18-040		165.30	166.00	0.70	10.50
		176.15	181.00	4.85	7.17
	INCLUDING	176.15	176.80	0.65	4.58
	AND	178.80	179.30	0.50	31.70
	AND	180.50	181.00	0.50	9.02
		305.00	305.75	0.75	19.30
IM-18-041		25.90	30.20	4.30	36.41
	INCLUDING	25.90	26.50	0.60	31.00
	AND	27.00	27.80	0.80	114.00
	AND	27.80	28.45	0.65	40.90
	AND	28.45	29.00	0.55	20.10
		126.35	129.00	2.65	6.96
	INCLUDING	126.35	127.00	0.65	16.15
		159.25	160.75	1.50	19.20
		165.50	166.00	0.50	16.20
		217.50	218.20	0.70	4.09
IM-18-042		61.50	63.00	1.50	5.01
		190.00	191.50	1.50	5.39
IM-18-043		23.50	24.00	0.50	14.70
		24.60	25.15	0.55	5.65
		188.50	189.00	0.50	40.20
		193.40	194.15	0.75	17.65
		197.95	198.50	0.55	6.66
IM-18-044		18.75	19.60	0.85	16.95
		24.00	26.40	2.40	20.19
	INCLUDING	24.00	25.25	1.25	27.40
	AND	25.90	26.40	0.50	28.40
		127.35	128.00	0.65	4.46
		155.50	157.00	1.50	20.20
		315.50	316.90	1.40	14.65
		349.50	351.00	1.50	9.11
		350.50	351.00	0.50	17.65
IM-18-045		65.25	66.00	0.75	6.44
		227.65	228.55	0.90	48.60
		270.95	271.55	0.60	7.71
		273.35	273.85	0.50	11.90
		278.35	279.00	0.65	32.30
		284.20	284.70	0.50	9.08
		305.50	306.00	0.50	13.70
		322.60	323.45	0.85	7.53
		368.00	372.00	4.00	5.22
	INCLUDING	368.00	369.00	1.00	12.40
	AND	371.00	372.00	1.00	6.86
IM-18-046		282.50	283.00	0.50	5.35
		353.00	354.00	1.00	10.10
		447.90	456.15	8.25	14.36
	INCLUDING	447.90	449.00	1.10	11.05
	AND	452.00	452.65	0.65	45.30
	AND	453.85	455.00	1.15	13.25
		460.75	461.70	0.95	10.40
		474.00	475.00	1.00	11.10
		496.00	500.35	4.35	27.41
	INCLUDING	496.00	497.00	1.00	19.75
	AND	497.50	498.75	1.25	51.10
	AND	498.75	499.75	1.00	30.90
		520.30	520.80	0.50	13.75
		523.65	524.55	0.90	8.73
		536.70	537.70	1.00	19.40
IM-18-047		138.80	139.75	0.95	9.49
		213.15	213.65	0.50	5.34
		267.30	268.05	0.75	12.90
		269.10	269.65	0.55	12.60
		408.60	409.70	1.10	10.30
		421.50	428.50	7.00	11.68
	INCLUDING	421.50	422.25	0.75	12.70
	AND	422.80	423.60	0.80	29.80
	AND	426.40	427.10	0.70	12.50
	AND	427.85	428.50	0.65	47.40

True widths are estimated to be 50 to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.

Table 2: Drillhole Collar Orientations:
HOLE ID	AZIMUTH	DIP
IM-18-023	123	-65
IM-18-024	124	-64
IM-18-025	151	-50
IM-18-026	149	-60
IM-18-027	130	-58
IM-18-028	131	-53
IM-18-029	146	-60
IM-18-030	135	-44
IM-18-031	145	-59
IM-18-032	134	-45
IM-18-033	120	-65
IM-18-034	143	-57
IM-18-035	139	-58
IM-18-036	134	-54
IM-18-037	122	-65
IM-18-038	108	-44
IM-18-039	114	-53
IM-18-040	141	-51
IM-18-041	133	-50
IM-18-042	146	-44
IM-18-043	133	-47
IM-18-044	130	-63
IM-18-045	142	-45
IM-18-046	123	-67
IM-18-047	125	-55

Photos accompanying this announcement are available at

globenewswire.com

globenewswire.com

globenewswire.com

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From: howestreetbull	9/7/2018 1:53:55 PM
	of 127

Barkerville signs $33M royalty deal with Osisko Gold 2018-09-06 08:09 ET - News Release Mr. Chris Lodder reports BARKERVILLE ANNOUNCES UP TO $33 MILLION ROYALTY FINANCING WITH OSISKO GOLD ROYALTIES LTD Barkerville Gold Mines Ltd. has entered into a second amended and restated royalty purchase agreement with Osisko Gold Royalties Ltd. pursuant to which Osisko will acquire from Barkerville a 1.75-per-cent net smelter return (NSR) royalty on the Cariboo property for the aggregate purchase price of $20-million in immediately available funds. Of the purchase price payable on closing, $2-million will be kept by Barkerville in a segregated restricted account and will not be available to Barkerville until certain conditions precedent are satisfied. Those conditions precedent include the delivery to Osisko of certain waivers and consents required from third parties in connection with the royalty transaction. Under the terms of the royalty purchase agreement, the corporation also has the option to grant Osisko an additional 1-per-cent NSR on the property for additional cash consideration of $13-million, at any point between the closing date of the royalty transaction and Dec. 31, 2018. In order to grant the option royalty and receive the additional consideration, Barkerville must have successfully satisfied the conditions precedent to the release of the restricted funds. In the event that the corporation announces a change of control during the royalty option period, or Osisko participates in an equity financing of the corporation during the royalty option period, if the option royalty remains unexercised, Osisko will have the right to purchase the option royalty. As part of the royalty transaction, Barkerville will grant to Osisko 10 million common share purchase warrants of the corporation. The warrants will be exchangeable for common shares of the corporation at an exercise price of 75 cents per common share for a period of 36 months following the closing of the royalty transaction. All securities issued under the royalty transaction will be subject to a hold period expiring four months and one day from the date of closing. The gross proceeds from royalty transaction will be used by the corporation to finance exploration and studies related to the property and for general corporate purposes. The royalty transaction remains subject to the final approval of the TSX Venture Exchange. Related-party disclosure The royalty transaction is considered to be a related-party transaction for purposes of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions -- and Policy 5.9 -- Protection of Minority Security Holders in Special Transactions of the TSX Venture Exchange. The corporation is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The corporation is exempt from the formal valuation requirement in Section 5.4 of MI 61-101 in reliance on sections 5.5(a) and (b) of MI 61-101 as the fair market value of the transaction is not more than the 25 per cent of the corporation's market capitalization, and no securities of the corporation are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the corporation is exempt from minority shareholder approval requirement in Section 5.6 of MI 61-101 in reliance on Section 5.7(b) as the fair market value of the transaction is not more than the 25 per cent of the corporation's market capitalization. The board of directors of Barkerville approved the royalty transaction, with Sean Roosen, John Burzynski and Chris Lodder having declared a conflict of interest in, and abstaining from voting on, the matters being considered. About Barkerville Gold Mines Ltd. The company is focused on developing its extensive mineral rights package located in the historical Cariboo mining district of central British Columbia. Barkerville's Cariboo gold project mineral tenures cover 1,950 square kilometres along a strike length of 67 kilometres which include several past-producing placer and hardrock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the company has unlocked the fundamental structural controls of gold mineralization. The company's brownfields exploration team is focused on developing and delineating a minable resource within the seven kilometres of principal project area located near the town of Wells, B.C. We seek Safe Harbor. © 2018 Canjex Publishing Ltd. All rights reserved.

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From: howestreetbull	9/11/2018 9:20:35 AM
	of 127

Barkerville Gold Mines Reports Positive Results from Initial Test Mining of 80,000 Tonnes at Bonanza Ledge, Better Mine Grades and Solid Mill Performance V.BGM \| 2 hours ago Canada NewsWire TORONTO, Sept. 11, 2018 Mine grades of 7.05 g/t compared favorably to plan of 6.5 g/t Mill recoveries on track at 91.6% Both mine and mill throughput exceeding initial target levels TORONTO, Sept. 11, 2018 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce positive results from its test mine at Bonanza Ledge. Barkerville's Bonanza Ledge mine has allowed the company to assess mining methods, understand what ground conditions to expect in different lithological units, train a local workforce, and generate cash flow to offset some exploration expenditures. All gathered data will add to the robustness of the company's feasibility study, which will be released in 2019. image: mma.prnewswire.com Barkerville Gold Mines Ltd. (CNW Group/Barkerville Gold Mines Ltd.) Since the start of the Bonanza Ledge Project, approximately 80,000t have been extracted using long hole mining methods on two active levels. The mining blocks mined so far yield better grade than expected with an average grade of 7.05 g/t compared to the planned 6.5 g/t and dilution is on track with the predicted 12%. Cemented rock fill has been used as backfill. During development, conventional drill and blast methods were used along with a road header (continuous miner). The tested development methods will have a positive economic impact for the larger project at Cow and Island Mountain; major improvements on the performance and cost have been achieved in the last 5 months of operation. Significant reductions in operating cost has been made over the past few months, effectively reducing the initial $300/tonne CAD operating cost to $190/tonne CAD in the recent month. Chris Lodder said "We are very pleased with the progression of the mine and mill and we continue to improve daily with our project team in place. The Bonanza Ledge Mine is proving the viability of our vision for the Cariboo project and the potential of growth to becoming a significant gold producer in British Columbia." Significant Impacts No lost time accidents have been recorded since the beginning of the Bonanza Ledge Project. All Mining infrastructure (ventilation, pumping, electricity) and development (over 1,000m) have been complete, and a local mining team is in place. The average head grade of 7.05 g/t was higher than expected 6.5 g/t. Mine production was able to achieve up to 2000tpd, mill production was up to 800tpd. Over 70,000t of ore have been milled project to date. Milled recovery is 91.6% compared to the expected 92%, currently working toward further improvements including the recommissioning of a gravity circuit. Over 12,200 ounces produced to date. Qualified Persons Mining activities at the Cariboo Gold Project are administered on site by the Company's Mine Manager, Paul Ratte. Francois Vezina, ing, P.Eng, MBA, Chief Operating Officer, is the engineer on record for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project. About Barkerville Gold Mines Ltd. The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. Barkerville's Cariboo Gold Project mineral tenures cover 1,950 square kilometres; along a strike length of 67 kilometres which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company's Brownfield's exploration team is focused on developing and delineating a mineable resource within the 7 kilometers of principle project area located near the town of Wells, British Columbia. The Company's Greenfield's team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation's team is focused on developing and mining the Bonanza Ledge and BC Vein deposits on Barkerville Mountain. This operation allows the company to generate near term cash flow, train a local work force, keeps the present mining permit active, and de-risk's the project through staged production growth. Processing of material from these deposits is processed at the QR mill. QR is a fully owned, permitted mill and tailings facility, located approximately 110 kilometres away from Wells, and can be accessed by an all-season road. Cautionary Statement on Forward -Looking Information Neither the TSX Venture Exchange ('TSXV') nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. SOURCE Barkerville Gold Mines Ltd. image: rt.newswire.ca View original content to download multimedia: newswire.ca Tags: GOLD

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From: howestreetbull

9/28/2018 8:56:09 AM

by @nasdaq on September 27, 2018
Cow Mountain Drilling Intersects High Grade Gold Mineralization

TORONTO, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce drilling results from the ongoing 2018 Cow Mountain exploration and category conversion program at the Company’s flagship Cariboo Gold Project. The drilling results demonstrate continuity of high grade gold mineralization within vein corridors. The Company is currently exploring and delineating high grade vein corridors with four diamond drills on Cow Mountain.


	Modelled Vein Corridor Zones


	Cow Mountain Drilling Plan Map


	Cow Mountain Long Section

Selected Drilling Highlights:

?CM-18-005: 28.98 g/t Au over 1.90 meters (visible gold was observed)
CM-18-006: 12.47 g/t Au over 5.35 meters
CM-18-007: 30.62 g/t Au over 1.80 meters (visible gold was observed)
CM-18-007: 76.90 g/t Au over 0.70 meters
CM-18-007: 76.90 g/t Au over 0.70 meters
CM-18-010: 10.70 g/t Au over 5.85 meters
CM-18-012: 24.69 g/t Au over 3.15 meters (visible gold was observed)
CM-18-013: 23.18 g/t Au over 3.70 meters
CM-18-017: 20.41 g/t Au over 2.95 meters
CM-18-018: 109.05 g/t Au over 1.20 meters (visible gold was observed)
CM-18-024: 26.33 g/t Au over 4.00 meters
CM-18-029: 160.50 g/t Au over 0.85 meters (visible gold was observed)
CM-18-029: 39.81 g/t Au over 2.10 meters
CM-18-039: 377.00 g/t Au over 0.50 meters
CM-18-040: 66.40 g/t Au over 1.30 meters
CM-18-043: 19.73 g/t Au over 3.05 meters
CM-18-045: 13.07 g/t Au over 5.05 meters
CM-18-049: 24.40 g/t Au over 2.20 meters

Detailed drilling results are presented in the table below. A drill hole location plan map and longitudinal section is presented at the end of this release. The Cow Mountain 3D deposit model with assay highlights is located on the Company’s website.

Barkerville Gold Mines Ltd. 3D Deposit Model

The ongoing drill program at Cow Mountain is designed to infill and expand high-grade gold-mineralized vein corridors modelled in the May 2018 Cow Mountain resource estimate. Vein corridors are defined as a high-density network of mineralized quartz veins within the sandstones. Mineralized quartz veins on the Cariboo Gold Project are overall sub-vertical dip and northeast strike. These corridors have been defined from surface to a vertical depth of up to 300 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins.

Qualified Persons

Exploration activities at the Cariboo Gold Project are administered on site by the Company’s Project Geologists, Kyle Orr and Felipe Castaneda. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance – Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company’s secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by the Company’s Qualified Person, Maggie Layman, P.Geo, Vice President Exploration.

Drill core samples are submitted to ALS Geochemistry’s analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 1,000g screen metallic fire assay. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

For further information on Barkerville Gold Mines Ltd. please contact:

Chris Lodder
President & Chief Executive Officer
155 University Avenue, Suite 1440
Toronto, Ontario, Canada
clodder@barkervillegold.com

About Barkerville Gold Mines Ltd.

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. Barkerville’s Cariboo Gold Project mineral tenures cover 1,950 square kilometres; along a strike length of 67 kilometres which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company’s Brownfield’s exploration team is focused on developing and delineating a mineable resource within the 7 kilometers of principle project area located near the town of Wells, British Columbia. The Company’s Greenfield’s team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation’s team is focused on developing and mining the Bonanza Ledge and BC Vein deposits on Barkerville Mountain. This operation allows the company to generate near term cash flow, train a local work force, keeps the present mining permit active, and de-risk’s the project through staged production growth. Processing of material from these deposits is processed at the QR mill. QR is a fully owned, permitted mill and tailings facility, located approximately 110 kilometres away from Wells, and can be accessed by an all-season road.

Cautionary Statement on Forward -Looking Information
Neither the TSX Venture Exchange (‘TSXV’) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Table 1: Length weighted gold composites from Cow Mountain

HOLD ID		FROM	TO	CORE LENGTH (M)	AU (G/T)
CM-18-001		187.50	190.00	2.50	3.31
	Including	187.50	188.10	0.60	11.55
		194.00	196.50	2.50	5.35
	Including	194.00	195.00	1.00	10.50
		336.40	338.50	2.10	3.54
	Including	336.40	337.00	0.60	5.57
CM-18-002	No Significant Assays
CM-18-003		40.00	42.00	2.00	7.43
	Including	41.50	42.00	0.50	26.30
		91.00	91.50	0.50	6.31
CM-18-004	No Significant Assays
CM-18-005		60.00	61.90	1.90	28.98
	Including	60.00	60.60	0.60	41.40
	And	60.60	61.15	0.55	51.20
		71.00	72.65	1.65	7.10
	Including	72.00	72.65	0.65	14.20
		83.25	83.90	0.65	5.62
		129.50	131.00	1.50	4.59
		134.90	135.40	0.50	17.15
		176.50	177.00	0.50	6.33
CM-18-006		140.25	141.25	1.00	7.99
		164.60	167.00	2.40	4.57
	Including	164.60	165.10	0.50	12.95
		199.85	200.35	0.50	5.91
		204.75	206.60	1.85	11.34
	Including	204.75	205.70	0.95	16.65
		243.00	248.35	5.35	12.47
	Including	243.00	244.20	1.20	48.80
	And	247.70	248.35	0.65	8.44
CM-18-007		128.20	130.00	1.80	30.62
	Including	128.20	128.75	0.55	51.70
	And	129.50	130.00	0.50	53.30
		134.40	135.10	0.70	76.90
		137.80	138.40	0.60	4.76
		141.80	142.40	0.60	7.97
CM-18-008		176.50	177.10	0.60	34.20
		224.60	225.25	0.65	4.31
		225.90	226.85	0.95	7.61
		257.00	258.20	1.20	4.49
		310.20	310.80	0.60	5.79
CM-18-009		11.50	12.00	0.50	7.51
		52.50	53.00	0.50	4.21
		75.20	77.35	2.15	6.71
	Including	75.20	75.90	0.70	14.10
	And	76.70	77.35	0.65	6.89
CM-18-010		26.55	27.40	0.85	8.15
		30.30	31.00	0.70	4.49
		40.70	42.40	1.70	8.64
	Including	40.70	41.40	0.70	15.80
		44.70	50.55	5.85	10.70
	Including	44.70	45.40	0.70	42.80
	And	46.50	47.00	0.50	6.32
	And	47.60	48.60	1.00	7.02
	And	49.50	50.55	1.05	19.25
		51.30	51.90	0.60	3.41
		52.50	53.00	0.50	9.62
CM-18-011		81.75	82.60	0.85	38.50
		192.00	192.50	0.50	3.55
		195.90	197.00	1.10	5.69
		348.90	349.50	0.60	7.60
CM-18-012		102.00	102.50	0.50	4.31
		105.85	106.35	0.50	4.58
		109.45	111.60	2.15	8.49
	Including	105.85	106.35	0.50	4.58
	And	110.70	111.60	0.90	6.14
		113.75	116.90	3.15	24.69
	Including	113.75	114.25	0.50	15.70
	And	114.25	114.90	0.65	15.85
	And	114.90	115.60	0.70	60.60
	And	116.40	116.90	0.50	32.00
		122.75	129.75	7.00	5.49
	Including	122.75	123.40	0.65	8.20
	And	123.40	124.30	0.90	26.70
	And	129.15	129.75	0.60	6.71
CM-18-013		56.70	60.40	3.70	23.18
	Including	56.70	57.20	0.50	45.10
	And	57.80	58.30	0.50	52.20
	And	59.90	60.40	0.50	71.50
		75.80	76.30	0.50	10.20
		90.60	91.10	0.50	63.80
		123.50	124.00	0.50	26.80
		133.00	133.50	0.50	15.15
CM-18-014		44.70	45.20	0.50	6.28
		138.50	139.00	0.50	56.00
		180.95	182.00	1.05	4.69
		200.50	202.10	1.60	8.22
CM-18-015		122.50	123.50	1.00	5.11
		189.60	190.10	0.50	10.50
		226.60	227.50	0.90	15.45
CM-18-016		49.10	50.00	0.90	5.15
		74.00	76.50	2.50	7.84
	Including	74.50	75.10	0.60	29.70
		90.00	90.70	0.70	7.95
		98.40	99.00	0.60	8.65
		100.70	101.20	0.50	11.15
CM-18-017		17.75	18.25	0.50	9.23
		145.95	148.90	2.95	20.41
	Including	145.95	146.80	0.85	21.80
	And	147.40	148.90	1.50	27.70
		165.50	166.65	1.15	22.21
		166.15	166.65	0.50	36.40
CM-18-018		117.70	118.20	0.50	10.40
		126.10	130.20	4.10	4.61
		126.10	126.70	0.60	19.65
		127.60	128.10	0.50	8.98
		188.25	189.45	1.20	109.05
	Including	188.25	188.85	0.60	21.10
	And	188.85	189.45	0.60	197.00
		240.20	240.85	0.65	7.29
		242.70	243.80	1.10	6.42
		250.35	251.30	0.95	8.81
CM-18-019		24.70	25.20	0.50	9.74
		101.00	102.00	1.00	22.90
		111.00	113.00	2.00	9.03
		111.90	112.50	0.60	27.00
		168.70	169.30	0.60	12.05
		185.00	186.00	1.00	17.90
		202.30	202.80	0.50	4.91
CM-18-020		122.00	122.50	0.50	24.80
CM-18-021		159.40	160.00	0.60	5.13
		179.20	179.70	0.50	12.50
		302.90	304.05	1.15	4.73
CM-18-022		28.90	29.60	0.70	15.80
		75.70	76.20	0.50	12.30
		128.50	133.00	4.50	4.18
	Including	132.20	133.00	0.80	9.33
		146.50	147.00	0.50	4.34
		210.60	211.10	0.50	14.80
CM-18-023		189.50	190.00	0.50	20.60
		198.40	199.00	0.60	10.70
		206.60	207.10	0.50	15.45
CM-18-024		73.50	76.95	3.45	11.17
	Including	73.50	75.00	1.50	7.98
	And	76.00	76.95	0.95	27.50
		119.00	123.00	4.00	26.33
	Including	119.00	119.50	0.50	5.43
	And	119.50	120.00	0.50	14.20
	And	120.00	121.00	1.00	86.00
	And	121.00	121.70	0.70	6.11
	And	121.70	122.30	0.60	1.46
	And	122.30	123.00	0.70	6.24
		157.20	157.70	0.50	4.28
CM-18-025	No Significant Assays
CM-18-026		93.60	94.10	0.50	12.35
		147.00	147.60	0.60	14.70
		189.00	189.50	0.50	6.49
		197.00	198.00	1.00	5.71
		218.50	219.00	0.50	26.80
		251.80	252.50	0.70	5.48
		310.00	310.60	0.60	7.42
CM-18-027	Hole Abandoned
CM-18-028		144.00	145.50	1.50	21.50
		166.00	166.50	0.50	21.00
		179.70	180.80	1.10	16.65
	Including	180.20	180.80	0.60	28.30
		210.70	211.80	1.10	23.40
		216.25	217.25	1.00	4.56
		253.70	254.85	1.15	6.65
		256.90	257.40	0.50	19.60
		271.50	272.00	0.50	8.92
CM-18-029		21.75	22.25	0.50	17.80
		26.95	27.45	0.50	80.60
		64.15	65.15	1.00	42.50
		97.50	98.00	0.50	6.67
		128.85	129.70	0.85	13.90
		186.15	186.65	0.50	4.11
		219.00	219.85	0.85	160.50
		230.25	231.00	0.75	4.00
		251.00	253.10	2.10	39.81
	Including	251.00	251.50	0.50	89.00
	And	252.50	253.10	0.60	65.00
		266.30	269.20	2.90	3.73
	Including	268.05	269.20	1.15	7.35
		322.10	322.60	0.50	4.78
CM-18-030		193.00	194.50	1.50	4.15
		249.30	250.25	0.95	6.14
		275.05	275.55	0.50	5.34
		320.12	320.62	0.50	59.50
		340.00	340.85	0.85	21.00
		357.50	358.30	0.80	4.78
		374.25	375.12	0.87	4.67
CM-18-031		59.90	60.40	0.50	4.90
		75.00	75.60	0.60	4.77
		138.00	139.00	1.00	18.05
		173.50	175.50	2.00	6.70
	Including	174.00	175.00	1.00	9.02
		226.55	227.10	0.55	18.55
CM-18-032		39.50	40.00	0.50	5.56
CM-18-033		19.90	21.95	2.05	16.94
		122.45	123.50	1.05	6.38
	Including	122.45	123.00	0.55	8.89
		315.55	316.20	0.65	11.00
		320.65	322.35	1.70	6.52
	Including	320.65	321.20	0.55	12.05
		337.50	338.75	1.25	8.75
		338.25	338.75	0.50	18.10
		353.85	355.00	1.15	4.61
CM-18-034		161.50	164.20	2.70	9.33
	Including	161.50	162.00	0.50	5.01
	And	163.10	163.60	0.50	41.20
		185.40	186.00	0.60	5.60
CM-18-035		70.00	70.50	0.50	7.67
CM-18-036		58.50	59.00	0.50	54.10
		66.75	67.75	1.00	41.28
	Including	66.75	67.25	0.50	76.50
		71.00	71.75	0.75	4.46
		88.30	89.00	0.70	4.80
		143.00	143.50	0.50	26.00
		145.35	145.85	0.50	84.20
CM-18-037		24.15	25.00	0.85	5.80
		101.00	102.15	1.15	9.04
		258.00	259.70	1.70	3.73
		259.20	259.70	0.50	8.34
		283.40	284.00	0.60	10.70
CM-18-038		26.00	26.70	0.70	18.80
		121.10	122.20	1.10	9.70
		129.70	130.40	0.70	10.25
		136.30	137.00	0.70	10.15
CM-18-039		100.45	101.10	0.65	9.25
		104.50	105.40	0.90	5.51
		141.20	143.40	2.20	21.98
	Including	141.20	141.70	0.50	47.50
	And	142.25	142.75	0.50	32.30
	And	142.75	143.40	0.65	12.65
		145.70	146.50	0.80	4.98
		191.70	192.50	0.80	6.96
		195.00	195.50	0.50	377.00
		198.50	200.00	1.50	6.26
CM-18-040		22.70	24.00	1.30	66.40
		125.45	126.40	0.95	8.72
		130.00	130.50	0.50	52.70
		172.65	173.15	0.50	4.85
CM-18-041		135.00	135.50	0.50	5.72
		209.00	209.50	0.50	7.24
		248.00	248.70	0.70	9.14
		279.00	280.15	1.15	8.17
		282.15	282.65	0.50	4.09
		306.00	307.20	1.20	14.95
		317.50	318.00	0.50	40.10
		368.00	368.50	0.50	19.15
CM-18-042		43.75	45.35	1.60	5.04
	Including	44.85	45.35	0.50	10.50
CM-18-043		35.70	37.90	2.20	6.96
	Including	35.70	36.40	0.70	14.90
		55.80	58.85	3.05	19.73
	Including	56.30	57.00	0.70	13.15
	And	58.00	58.85	0.85	56.90
		118.80	119.30	0.50	21.20
CM-18-044		31.15	31.75	0.60	8.33
CM-18-045		27.30	28.10	0.80	11.95
		33.80	37.10	3.30	5.84
	Including	36.45	37.10	0.65	15.15
		68.00	73.05	5.05	13.07
	Including	68.00	69.00	1.00	10.65
	And	69.85	70.60	0.75	51.50
	And	72.55	73.05	0.50	32.80
		93.70	94.70	1.00	12.40
CM-18-046		77.40	77.90	0.50	27.50
		84.50	85.00	0.50	28.30
		90.90	91.50	0.60	5.29
		94.70	96.70	2.00	14.88
	Including	95.25	96.20	0.95	27.70
		111.70	112.20	0.50	14.10
		115.50	117.30	1.80	9.81
	Including	115.50	116.50	1.00	11.80
		219.85	221.50	1.65	24.60
	Including	219.85	220.35	0.50	63.20
	And	221.00	221.50	0.50	15.95
CM-18-047		152.70	153.20	0.50	27.70
		183.30	183.90	0.60	5.46
		188.50	189.10	0.60	8.35
CM-18-048		9.90	10.45	0.55	20.80
		22.20	23.00	0.80	5.89
		46.50	49.10	2.60	6.69
	Including	46.50	47.00	0.50	13.55
		65.70	66.20	0.50	19.30
		76.96	77.96	1.00	14.50
		86.70	87.90	1.20	6.93
		214.15	216.15	2.00	17.31
		280.35	281.10	0.75	7.14
CM-18-049		97.00	98.00	1.00	5.64
		114.10	117.60	3.50	21.69
	Including	114.10	114.60	0.50	101.00
	And	115.10	115.60	0.50	18.35
	And	116.10	116.60	0.50	10.10
	And	117.10	117.60	0.50	17.20
		157.30	158.30	1.00	5.64
		168.30	168.90	0.60	52.20
		194.50	195.00	0.50	4.64
		213.55	215.75	2.20	24.40
		230.30	231.25	0.95	16.75
CM-18-050	No Significant Assays

True widths are estimated to be 50 to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.

Table 2: Drillhole Collar Orientations:

HOLE ID	AZIMUTH	DIP
CM-18-001	137	-45
CM-18-002	117	-61
CM-18-003	123	-55
CM-18-004	117	-61
CM-18-005	126	-49
CM-18-006	123	-63
CM-18-007	126	-58
CM-18-008	126	-66
CM-18-009	127	-58
CM-18-010	122	-47
CM-18-011	129	-45
CM-18-012	128	-66
CM-18-013	128	-51
CM-18-014	126	-47
CM-18-015	121	-61
CM-18-016	116	-63
CM-18-017	128	-54
CM-18-018	127	-57
CM-18-019	133	-57
CM-18-020	111	-46
CM-18-021	118	-47
CM-18-022	142	-55
CM-18-023	128	-48
CM-18-024	154	-49
CM-18-025	120	-45
CM-18-026	137	-47
CM-18-027	123	-61
CM-18-028	115	-61
CM-18-029	115	-44
CM-18-030	111	-54
CM-18-031	131	-47
CM-18-032	133	-50
CM-18-033	125	-44
CM-18-034	138	-58
CM-18-035	334	-49
CM-18-036	150	-49
CM-18-037	127	-46
CM-18-038	142	-47
CM-18-039	114	-61
CM-18-040	120	-46
CM-18-041	137	-49
CM-18-042	137	-57
CM-18-043	150	-54
CM-18-044	131	-50
CM-18-045	141	-63
CM-18-046	132	-47
CM-18-047	120	-53
CM-18-048	117	-45
CM-18-049	116	-56
CM-18-050	323	-45

A photo accompanying this announcement is available at globenewswire.com

A photo accompanying this announcement is available at globenewswire.com

A photo accompanying this announcement is available at globenewswire.com

RecommendKeepReply Mark as Last Read

From: howestreetbull

11/6/2018 8:38:59 AM

Cow Mountain Drilling Extends High Grade Gold Mineralization Down Dip to 400 Meters

HIGH-GRADE INTERCEPTS INCLUDE 11.84 G/T GOLD OVER 7.50 METERS, 104 G/T GOLD OVER 0.50 M, 200 G/T GOLD OVER 0.50 M, 101.5 G/T GOLD OVER 0.95 M and 346 G/T GOLD OVER 0.50 METERS

TORONTO, Nov. 6, 2018 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce drilling results from the ongoing 2018 Cow Mountain exploration and category conversion program at the Company's flagship Cariboo Gold Project. The drilling results demonstrate continuity of high grade gold mineralization within vein corridors and extensions down dip and down plunge. The Company is currently exploring and delineating high grade vein corridors with four diamond drills on Cow Mountain.

Mineralized vein corridors on Cow Mountain are modelled to an average depth of 250 meters and recent exploration extends high grade intercepts continuous to vertical depths of 400 meters. Recent highlights include 7.06 g/t Au over 16.90 meters in hole CM-18-057, at approximately 50 meters vertical depth. CM-18-071 intersected 11.84 g/t Au over 7.50 meters, extending mineralization approximately 60 meters down drip from an existing modelled vein corridor. CM-18-071 included higher grade intercepts of 98.30 g/t Au over 0.50 meters, and 30.30 g/t Au over 0.80 meters. CM-18-101 intersected 29.10 g/t Au over 0.50 meters at a depth of 400 meters from surface.

Selected Drilling Highlights:

CM-18-054: 25.09 g/t Au over 2.70 meters

CM-18-057: 7.06 g/t Au over 16.90 meters

CM-18-062: 104.00 g/t Au over 0.50 meter

CM-18-070: 28.08 g/t Au over 2.10 meters

CM-18-071: 11.84 g/t Au over 7.50 meters

CM-18-079: 200.00 g/t Au over 0.50 meter

CM-18-084: 20.41 g/t Au over 6.65 meters

CM-18-085: 101.50 g/t Au over 0.95 meter

CM-18-091: 346 g/t Au over 0.50 meters

CM-18-095: 10.48 g/t Au over 6.60 meters

CM-18-096: 7.45 g/t Au over 7.60 meters

CM-18-103: 42.88 g/t Au over 2.7 meters

CM-18-107: 49.40 g/t Au over 1.7 meters

A drill hole location plan map and longitudinal section are presented below. Detailed drilling results are presented at the end of this release. The Cow Mountain 3D deposit model with assay highlights is located on the Company's website:

Barkerville Gold Mines Ltd. 3D Deposit Model

The ongoing drill program at Cow Mountain is designed to infill and expand high-grade gold-mineralized vein corridors modelled in the May 2018 Cow Mountain resource estimate. Vein corridors are defined as a high-density network of mineralized quartz veins within the sandstones. Mineralized quartz veins on the Cariboo Gold Project are overall sub-vertical dip and northeast strike. These corridors have been defined from surface to a vertical depth of up to 300 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins.

Qualified Persons

Exploration activities at the Cariboo Gold Project are administered on site by the Company's Project Geologists, Kyle Orr and Felipe Castaneda. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance – Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company's secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by the Company's Qualified Person, Maggie Layman, P.Geo, Vice President Exploration.

Drill core samples are submitted to ALS Geochemistry's analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed, and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 1,000g screen metallic fire assay. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

About Barkerville Gold Mines Ltd.

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. Barkerville's Cariboo Gold Project mineral tenures cover 1,950 square kilometres; along a strike length of 67 kilometres which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company's Brownfield's exploration team is focused on developing and delineating a mineable resource within the 7 kilometers of principle project area located near the town of Wells, British Columbia. The Company's Greenfield's team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation's team is focused on developing and mining the Bonanza Ledge and BC Vein deposits on Barkerville Mountain. This operation allows the company to generate near term cash flow, train a local work force, keeps the present mining permit active, and de-risk's the project through staged production growth. Processing of material from these deposits is processed at the QR mill. QR is a fully owned, permitted mill and tailings facility, located approximately 110 kilometres away from Wells, and can be accessed by an all-season road.

Cautionary Statement on Forward -Looking Information

Neither the TSX Venture Exchange ('TSXV') nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Table 1: Length Weighted Gold Composites from Cow Mountain


HOLE ID		FROM	TO	CORE LENGTH (M)	AU (G/T)
CM-18-051		107.40	108.15	0.75	5.19
		123.00	123.50	0.50	6.43
		239.40	240.00	0.60	8.24
		242.05	245.40	3.35	9.06
	Including	242.05	243.45	1.40	15.15
		274.50	277.50	3.00	5.61
	Including	275.40	276.00	0.60	19.75
CM-18-052		35.80	37.55	1.75	22.69
	Including	35.80	36.30	0.50	51.80
	And	37.05	37.55	0.50	26.00
		102.50	104.00	1.50	3.26
		110.10	110.85	0.75	3.66
		115.50	116.00	0.50	6.26
		132.00	135.85	3.85	8.29
	Including	132.00	132.95	0.95	9.43
	And	135.00	135.85	0.85	27.00
		204.50	205.00	0.50	7.46
		237.50	238.00	0.50	26.80
		241.80	242.45	0.65	6.23
		271.00	271.50	0.50	6.99
CM-18-053		180.10	181.40	1.30	8.43
	Including	180.10	180.80	0.70	14.10
		257.70	258.20	0.50	5.11
CM-18-054		94.80	97.50	2.70	25.09
	Including	95.80	96.30	0.50	7.48
	And	96.80	97.50	0.70	89.80
		157.95	159.00	1.05	4.57
CM-18-055	No Significant Assays
CM-18-056		165.15	166.30	1.15	4.90
		171.50	172.10	0.60	10.80
		239.05	239.60	0.55	14.15
CM-18-057		6.00	8.40	2.40	4.28
	Including	7.75	8.40	0.65	12.65
		54.30	71.20	16.90	7.06
	Including	57.00	57.85	0.85	12.90
	And	58.85	59.55	0.70	38.50
	And	63.60	64.65	1.05	11.95
	And	64.65	66.00	1.35	42.30
		84.00	84.60	0.60	5.84
		107.50	108.15	0.65	58.80
		127.30	128.40	1.10	3.93
		130.70	131.30	0.60	24.70
		154.20	157.30	3.10	7.36
	Including	154.20	154.70	0.50	12.95
	And	156.70	157.30	0.60	26.50
		182.00	182.50	0.50	10.65
CM-18-058		43.50	44.00	0.50	5.97
		132.00	134.00	2.00	17.98
	Including	132.50	133.50	1.00	34.70
		234.50	235.00	0.50	5.02
		250.00	251.00	1.00	4.75
CM-18-059		256.75	257.40	0.65	5.49
		315.40	315.90	0.50	7.03
CM-18-060		78.75	79.40	0.65	9.29
		109.60	110.10	0.50	53.00
CM-18-061		68.00	69.00	1.00	16.35
		75.15	75.75	0.60	5.21
		108.50	109.45	0.95	11.70
CM-18-062		168.00	168.70	0.70	7.20
		171.90	173.00	1.10	3.71
		182.25	183.70	1.45	5.23
	Including	182.25	183.15	0.90	7.34
		202.90	203.40	0.50	4.26
		256.00	258.00	2.00	27.43
	Including	256.00	256.50	0.50	104.00
CM-18-063		9.00	12.00	3.00	5.06
	Including	9.00	9.50	0.50	15.85
		44.20	44.80	0.60	72.90
		60.00	60.50	0.50	3.71
		109.00	110.50	1.50	4.75
	Including	109.70	110.50	0.80	7.29
		115.15	115.70	0.55	21.10
		127.00	127.55	0.55	7.39
CM-18-064		11.20	16.00	4.80	7.27
	Including	14.50	16.00	1.50	20.40
		81.00	82.00	1.00	22.30
		191.25	192.00	0.75	5.36
		271.20	271.80	0.60	5.87
CM-18-065		46.35	47.00	0.65	43.20
		172.75	173.25	0.50	5.71
CM-18-066		26.10	26.60	0.50	18.70
		91.40	92.00	0.60	6.53
		114.00	115.00	1.00	5.95
		119.40	120.00	0.60	10.35
		134.50	135.00	0.50	23.40
CM-18-067		10.30	10.80	0.50	32.60
		47.30	49.60	2.30	7.23
	Including	47.30	47.80	0.50	23.50
	And	48.90	49.60	0.70	6.44
		57.48	58.00	0.52	10.60
		89.00	90.30	1.30	28.91
	Including	89.75	90.30	0.55	65.40
		116.00	116.55	0.55	11.20
		123.00	123.80	0.80	9.87
CM-18-068		179.90	180.50	0.60	9.02
		215.00	215.50	0.50	6.31
		250.10	251.00	0.90	4.51
		270.50	271.00	0.50	5.38
		320.50	321.00	0.50	6.02
		321.60	322.10	0.50	5.50
CM-18-069		177.70	178.20	0.50	4.35
		180.50	181.00	0.50	6.22
		233.60	234.50	0.90	17.45
		246.80	247.30	0.50	17.45
		248.80	250.80	2.00	4.40
	Including	248.80	249.30	0.50	10.10
	And	249.80	250.30	0.50	5.56
CM-18-070		6.95	10.00	3.05	12.91
	Including	6.95	7.50	0.55	33.00
	And	9.50	10.00	0.50	40.70
		25.35	26.45	1.10	4.16
		48.20	49.00	0.80	5.40
		61.00	63.60	2.60	4.73
		102.00	102.50	0.50	12.65
		105.30	105.80	0.50	18.45
		107.90	110.00	2.10	28.08
	Including	107.90	108.40	0.50	107.50
		121.00	122.65	1.65	5.99
	Including	121.70	122.65	0.95	9.62
		129.90	133.60	3.70	5.14
	Including	129.90	130.40	0.50	14.65
	And	132.50	133.10	0.60	7.48
	And	133.10	133.60	0.50	9.51
CM-18-071		87.00	90.50	3.50	5.55
	Including	87.00	88.00	1.00	8.09
		105.15	105.75	0.60	12.85
		146.30	147.00	0.70	12.35
		191.50	192.20	0.70	6.27
		205.50	213.00	7.50	11.84
	Including	205.50	206.00	0.50	98.30
	And	206.00	206.50	0.50	14.85
	And	206.50	207.30	0.80	30.30
	And	212.00	213.00	1.00	5.06
		224.70	225.20	0.50	18.15
		232.10	233.85	1.75	8.00
	Including	232.80	233.85	1.05	10.85
		251.20	251.80	0.60	7.73
CM-18-072		184.50	185.70	1.20	11.30
		190.90	191.40	0.50	12.30
		200.40	204.00	3.60	8.37
	Including	200.40	200.90	0.50	15.40
	And	201.85	203.00	1.15	16.30
		224.00	225.50	1.50	4.73
		421.25	423.25	2.00	10.04
	Including	422.40	423.25	0.85	19.40
CM-18-073		152.00	152.70	0.70	13.25
		190.25	190.75	0.50	4.34
CM-18-074		7.50	11.90	4.40	6.55
	Including	8.00	8.50	0.50	12.40
	And	10.40	11.10	0.70	20.90
	And	11.10	11.90	0.80	7.66
		91.30	93.70	2.40	6.18
	Including	91.30	91.80	0.50	18.10
	And	93.00	93.70	0.70	8.15
		113.80	115.70	1.90	10.53
	Including	113.80	114.80	1.00	17.45
		158.95	159.50	0.55	12.40
CM-18-075		25.50	26.00	0.50	11.45
		37.40	37.90	0.50	24.80
		96.85	97.40	0.55	6.73
		104.30	104.80	0.50	12.10
CM-18-076		119.50	120.00	0.50	13.00
		190.10	195.00	4.90	6.64
	Including	193.00	193.80	0.80	34.10
		204.00	204.50	0.50	4.25
CM-18-077		226.00	226.50	0.50	21.80
		251.00	252.50	1.50	7.10
		266.50	267.00	0.50	5.04
		293.10	294.10	1.00	6.30
	Including	293.10	293.60	0.50	9.01
		313.60	314.30	0.70	6.36
CM-18-078		11.00	11.50	0.50	34.20
		56.10	57.00	0.90	35.60
		74.90	75.50	0.60	5.19
		83.90	84.40	0.50	68.00
CM-18-079		22.75	23.25	0.50	200.00
		182.20	183.25	1.05	7.26
		193.35	193.85	0.50	12.60
		219.00	220.05	1.05	5.82
CM-18-080		18.95	19.50	0.55	23.40
		25.50	26.50	1.00	5.11
		44.15	48.00	3.85	10.92
	Including	44.15	44.65	0.50	17.70
	And	44.65	45.40	0.75	31.50
	And	47.50	48.00	0.50	12.65
		93.75	94.60	0.85	12.20
CM-18-081		31.50	32.00	0.50	17.35
		44.55	45.10	0.55	15.55
CM-18-082		160.30	161.30	1.00	20.61
	Including	160.30	160.80	0.50	39.00
		202.90	204.60	1.70	16.37
		208.00	211.00	3.00	3.97
	Including	208.00	208.70	0.70	14.30
		253.60	254.15	0.55	9.91
CM-18-083		75.60	76.15	0.55	4.05
		144.00	147.45	3.45	7.76
	Including	146.70	147.45	0.75	27.80
		170.45	171.10	0.65	4.33
		211.90	213.00	1.10	8.12
	Including	211.90	212.50	0.60	13.30
		256.50	258.70	2.20	6.96
	Including	256.50	257.10	0.60	8.74
	And	257.70	258.20	0.50	16.45
		269.00	269.50	0.50	4.87
		397.60	400.70	3.10	7.18
	Including	397.60	398.10	0.50	9.21
	And	398.70	399.20	0.50	22.40
CM-18-084		36.90	37.40	0.50	8.11
		58.50	65.15	6.65	20.41
	Including	58.50	59.00	0.50	15.15
	And	62.00	62.50	0.50	45.70
	And	63.70	65.15	1.45	71.00
		79.30	80.10	0.80	13.00
CM-18-085		15.50	16.15	0.65	5.37
		21.50	22.25	0.75	39.90
		27.00	27.95	0.95	101.50
		62.20	65.00	2.80	6.42
	Including	64.00	64.50	0.50	5.64
	And	64.50	65.00	0.50	27.80
		202.50	203.00	0.50	7.00
		237.00	237.50	0.50	4.94
CM-18-086		209.50	211.00	1.50	4.14
		302.00	303.00	1.00	5.19
		358.25	358.75	0.50	5.33
		361.35	361.85	0.50	6.46
CM-18-087	No Significant Assays
CM-18-088		168.55	169.35	0.80	36.00
		173.70	175.35	1.65	7.51
CM-18-089		49.50	50.00	0.50	7.72
		97.10	97.60	0.50	27.00
		132.00	132.50	0.50	4.36
CM-18-090		21.50	23.10	1.60	5.16
	Including	22.00	22.50	0.50	7.07
		45.00	45.50	0.50	6.04
CM-18-091		243.55	244.20	0.65	4.71
		248.30	248.80	0.50	346.00
		252.00	253.50	1.50	6.03
		309.90	310.80	0.90	6.91
		313.90	316.05	2.15	9.98
	Including	313.90	315.25	1.35	14.05
		344.60	345.50	0.90	7.14
CM-18-092		127.00	127.50	0.50	5.84
		129.60	130.35	0.75	5.49
		171.35	172.20	0.85	5.92
		189.95	190.70	0.75	14.35
CM-18-093	No Significant Assays
CM-18-094	No Significant Assays
CM-18-095		151.00	152.90	1.90	5.50
		164.50	165.50	1.00	6.82
		255.65	256.65	1.00	7.58
		268.80	275.40	6.60	10.48
	Including	268.80	269.30	0.50	77.80
	And	269.80	270.35	0.55	14.25
	And	270.35	271.00	0.65	19.80
	And	274.90	275.40	0.50	12.20
		290.85	291.65	0.80	4.41
		448.50	450.80	2.30	7.32
	Including	448.50	449.30	0.80	8.99
	And	449.85	450.80	0.95	9.71
CM-18-096		190.45	191.60	1.15	3.80
		221.95	222.65	0.70	6.08
		236.65	239.20	2.55	3.83
	Including	236.65	237.50	0.85	8.30
	And	238.70	239.20	0.50	5.15
		241.00	242.50	1.50	7.89
		244.40	245.00	0.60	5.87
		254.00	261.60	7.60	7.45
	Including	254.00	255.50	1.50	26.20
	And	260.55	261.60	1.05	30.20
		310.40	311.70	1.30	25.00
		327.25	327.75	0.50	7.20
CM-18-097		81.90	82.40	0.50	13.55
		106.60	107.10	0.50	4.68
		145.40	145.90	0.50	17.45
		164.00	165.10	1.10	7.98
	Including	164.50	165.10	0.60	12.75
		177.90	178.60	0.70	5.30
CM-18-098		106.30	106.90	0.60	7.41
		305.55	307.55	2.00	10.04
	Including	306.40	307.55	1.15	12.95
CM-18-099		135.95	138.60	2.65	8.50
	Including	137.40	138.00	0.60	21.70
	And	138.00	138.60	0.60	13.80
		140.45	140.95	0.50	7.09
		145.10	147.10	2.00	7.04
	Including	145.10	145.60	0.50	7.91
	And	146.10	147.10	1.00	9.05
		253.40	256.00	2.60	5.32
	Including	254.05	254.60	0.55	23.30
		296.60	297.00	0.40	16.15
		300.00	300.85	0.85	7.49
		311.00	311.65	0.65	10.80
CM-18-100		212.50	214.00	1.50	4.04
		247.00	247.50	0.50	14.05
		254.80	255.50	0.70	5.45
CM-18-101		345.08	345.70	0.62	15.10
		421.25	421.75	0.50	29.10
		481.25	482.00	0.75	4.72
CM-18-102		262.85	263.35	0.50	28.50
		268.40	269.00	0.60	9.32
		277.05	278.35	1.30	5.41
		287.00	287.55	0.55	4.90
		312.80	313.30	0.50	8.45
CM-18-103		42.15	44.85	2.70	42.88
		58.20	58.70	0.50	32.40
		140.80	141.80	1.00	7.40
CM-18-104		126.40	126.90	0.50	7.36
		135.00	136.00	1.00	5.33
		234.40	237.50	3.10	3.99
	Including	234.40	234.90	0.50	19.45
	And	237.00	237.50	0.50	4.10
CM-18-105		31.35	31.85	0.50	18.95
		53.40	53.90	0.50	7.87
		116.10	116.80	0.70	4.12
CM-18-106		236.00	243.50	7.50	4.07
	Including	238.50	239.30	0.80	7.05
	And	239.30	240.15	0.85	9.00
	And	242.00	243.50	1.50	6.70
		282.60	286.20	3.60	4.83
	Including	282.60	283.40	0.80	16.80
		317.00	317.50	0.50	29.50
		383.85	385.00	1.15	11.00
CM-18-107		29.85	31.20	1.35	7.37
		35.40	37.90	2.50	19.44
	Including	35.40	36.00	0.60	30.40
	And	36.00	36.50	0.50	16.00
	And	37.00	37.90	0.90	23.20
		60.00	60.85	0.85	26.40
		87.30	89.00	1.70	49.40
CM-18-108		39.50	40.00	0.50	4.45
		67.50	68.75	1.25	18.15
		144.00	144.50	0.50	4.51
CM-18-109		200.50	204.10	3.60	5.44
	Including	200.50	201.00	0.50	35.30
CM-18-110	No Significant Assays

Hole ID	Azimuth	Dip
CM-18-051	127	-53
CM-18-052	133	-56
CM-18-053	138	-52
CM-18-054	323	-62
CM-18-055	130	-63
CM-18-056	119	-65
CM-18-057	122	-49
CM-18-058	136	-54
CM-18-059	145	-56
CM-18-060	114	-48
CM-18-061	290	-50
CM-18-062	131	-41
CM-18-063	151	-46
CM-18-064	110	-63
CM-18-065	137	-44
CM-18-066	145	-63
CM-18-067	148	-55
CM-18-068	142	-50
CM-18-069	137	-42
CM-18-070	137	-46
CM-18-071	118	-59
CM-18-072	131	-52
CM-18-073	139	-57
CM-18-074	133	-59
CM-18-075	133	-47
CM-18-076	120	-66
CM-18-077	127	-50
CM-18-078	156	-60
CM-18-079	136	-51
CM-18-080	145	-50
CM-18-081	117	-50
CM-18-082	140	-45
CM-18-083	130	-45
CM-18-084	128	-66
CM-18-085	126	-45
CM-18-086	230	-45
CM-18-087	145	-44
CM-18-088	125	-60
CM-18-089	127	-56
CM-18-090	117	-64
CM-18-091	230	-45
CM-18-092	112	-45
CM-18-093	130	-66
CM-18-094	122	-51
CM-18-095	128	-53
CM-18-096	105	-47
CM-18-097	118	-45
CM-18-098	130	-66
CM-18-099	139	-47
CM-18-100	120	-48
CM-18-101	230	-65
CM-18-102	115	-53
CM-18-103	230	-60
CM-18-104	140	-51
CM-18-105	139	-45
CM-18-106	112	-50
CM-18-107	146	-65
CM-18-108	128	-51
CM-18-109	144	-45
CM-18-110	313	-67

SOURCE Barkerville Gold Mines Ltd.

View original content to download multimedia: newswire.ca

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From: howestreetbull	12/18/2018 10:34:25 AM
	of 127

BGM.v BGMZF Barkerville Completes $28.5 Million Financing Of Common Shares And Flow-Through Shares; Announces 2018 Corporate Updates by @nasdaq on December 18, 2018 NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 18, 2018 (GLOBE NEWSWIRE) -- Barkerville Gold Mines Ltd. (TSXV:BGM) ("Barkerville" or the "Corporation") is pleased to announce, further to its announcements on November 26, 2018 and December 6, 2018, that the Corporation has completed a brokered private placement financing of (i) 40,132,581 common shares of the Corporation that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) ("Tranche One Flow-Through Shares") at a price of $0.50 per share for gross proceeds of $20,066,290.50, (ii) 3,625,000 common shares of the Corporation that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) ("Tranche Two Flow-Through Shares") at a price of $0.40 per share for gross proceeds of $1,450,000, and (iii) 20,554,941 common shares of the Corporation ("Common Shares") at a price of $0.34 per share for gross proceeds of $6,988,679.94 (the "Offering"). The Offering was led by Haywood Securities Inc., on behalf of a syndicate of underwriters that included Cormark Securities Inc. and Canaccord Genuity Corp. (collectively, the "Underwriters"). In consideration for their services, the Corporation has paid the Underwriters a cash commission equal to 5.0% of the gross proceeds from the Offering, excluding gross proceeds received from the sale of securities to Osisko Gold Royalties Ltd and Osisko Mining Inc. Certain subscribers under the Offering are considered to be a "related party" of the Corporation, and have subscribed for an aggregate of 20,554,941 Common Shares and 425,000 Tranche Two Flow-Through Shares for gross proceeds of $7,158,679.94. Each subscription by a "related party" of the Corporation is considered to be a "related party transaction" for purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") and Policy 5.9 – Protection of Minority Security Holders in Special Transactions of the TSX Venture Exchange. Pursuant to MI 61-101, the Corporation has filed a material change report providing disclosure in relation to each "related party transaction" on SEDAR under Barkerville's issuer profile at www.sedar.com. The Corporation did not file the material change report more than 21 days before the expected closing date of the Offering as the details of the Offering and the participation therein by each "related party" of the Corporation were not settled until shortly prior to the closing of the Offering, and the Corporation wished to close the Offering on an expedited basis for sound business reasons. The Corporation is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The Corporation is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on sections 5.5(a) and (b) of MI 61-101 as the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25% of the Corporation's market capitalization, and no securities of the Corporation are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the Corporation is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(b) as the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25% of the Corporation's market capitalization. The board of directors of Barkerville unanimously approved the Offering, with Sean Roosen and John Burzysnki having declared a potential conflict of interest in, and abstaining from voting on, the matters being considered. The gross proceeds from the sale of the Tranche One and Tranche Two Flow-Through Shares will be used by the Corporation to fund the exploration and development of Barkerville's Cariboo Gold Project in central British Columbia. The net proceeds from the sale of Common Shares will be used to fund the exploration and development of the Corporation's Cariboo Gold Project in central British Columbia and for general corporate purposes. All securities issued under the Offering are subject to a four month hold period which will expire April 19, 2019. The Offering is subject to final acceptance of the TSX Venture Exchange. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. 2018 Corporate Updates In 2018, on the exploration side, Barkerville has been actively exploring and delineating new mineral resources at the Cariboo Gold Project. A total of 123,000 meters of drilling occurred on the property in 2018, comprising 64,000 meters on Cow Mountain, 50,000 meters on Shaft Zone, 4,500 meters at Mosquito Creek and 4,800 meters on Grouse Creek Regional Target. Regional soil sampling and surface mapping also occurred in 2018. The results of this drilling will be included in an updated mineral resource estimate being prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, which is expected to be released in 2019. In 2018, on the mining side, Barkerville has completed test mining at Bonanza Ledge gaining great knowledge of the deposit and underground conditions, as well as developing an in-house engineering and permitting -compliance team. While the proceeds raised from the sale of "flow-through shares" under the Offering will be focused on exploration activities, test mining may resume at Bonanza Ledge, subject to receiving an amendment to the active mine permit allowing mining of the BC Vein Zone and approval by the Board of Directors of an updated mine plan for the BC Vein Zone. When all results are received and analyzed, a corporate update summarizing 2018 test mining and exploration results, as well as outlining objectives and catalysts for 2019 will be made available in early 2019. For more information on Barkerville Gold Mines Ltd., please contact: Chris Lodder President and Chief Executive Officer 155 University Avenue, Suite 1400 Toronto, Ontario, Canada clodder@barkervillegold.com Cautionary Statement on Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the use of proceeds of the Offering; the timing and ability of the Corporation, if at all, to obtain final approval of the Offering from the TSX Venture Exchange; an exemption being available under MI 61-101 and Policy 5.9 of the TSX Venture Exchange from the minority shareholder approval and valuation requirements for each related party transaction; Barkerville's active exploration program at the Cariboo Gold Project; the timing and ability of Barkerville to complete an updated mineral resource estimate in 2019, or at all; the timing and ability of Barkerville to resume test mining at Bonanza Ledge, receive an amendment to the active mine permit and updating the internal mine plan, if at all; objectives, goals or future plans; statements regarding exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation's public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. BGM LOGO.png

BGM \| Stock Discussion ForumsShare	RecommendKeepReply Mark as Last Read Read Replies (1)

To: howestreetbull who wrote (117)

1/10/2019 8:48:35 AM

From: howestreetbull

BGM.v $BGMZF Barkerville Gold Intersects 9.85 g/t Gold Over 10.40 Meters and 8.96 g/t Gold Over 8.60 Meters
by @newswire on January 10, 2019

HIGH-GRADE INTERCEPTS INCLUDE 102.50 G/T GOLD OVER 0.60 METER, 180.50 G/T GOLDOVER 0.55 METER, 169.50 G/T GOLD OVER 0.50 METER

TORONTO, Jan. 10, 2019 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce drilling results of 50 holes from the 2018 Cow Mountain exploration and category conversion program at the Company's flagship Cariboo Gold Project. The recent drilling results demonstrate continuity of high grade gold mineralization within vein corridors and extensions down dip and down plunge. A total of 63,970 meters in 231 holes were drilled on Cow Mountain during the 2018 drill program.

Recent highlights from the Cow Mountain exploration and delineation program include 10.47 g/t Au over 7.30 meters in hole CM-18-164, located 20 meters down dip from CM-18-159, that intersected 8.70 g/t Au over 3.35 meters within an existing vein corridor. CM-18-153 intersected 8.96 g/t Au over 8.60 meters, including high grade intercepts of 17.40 g/t Au over 0.85 meter, 9.35 g/t Au over 0.50 meter and 33.30 g/t Au over 0.70 meter.

Selected Drilling Highlights:

CM-18-151: 29.87 g/t Au over 3.85meters including 102.50 g/t Au over 0.60 meters

CM-18-153: 8.96 g/t Au over 8.60 meters

CM-18-158: 9.85 g/t Au over 10.40 meters

CM-18-159: 169.50 g/t Au over 0.50 meter

CM-18-159: 8.70 g/t Au over 3.35 meters

CM-18-164: 10.47 g/t Au over 7.30 meters

CM-18-172: 9.08 g/t Au over 4.55 meters

CM-18-172: 35.32 g/t Au over 3.50 meters including 180.50 g/t Au over 0.55 meter

CM-18-178: 73.70 g/t Au over 0.70 meter

CM-18-186: 10.39 g/t Au over 3.65 meters

CM-18-187: 11.09 g/t Au over 3.10 meters

CM-18-197: 7.05 g/t Au over 6.65 meters

CM-18-198: 45.50 g/t Au over 0.95 meter

True widths are estimated to be 50 to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.

A drill hole location plan map and section are presented below. Detailed drilling results are presented at the end of this release. The Cow Mountain 3D deposit model with assay highlights is located on the Company's website:

Barkerville Gold Mines Ltd. 3D Deposit Model

The drill program at Cow Mountain was designed to infill and expand high-grade gold-mineralized vein corridors modelled in the May 2018 Cow Mountain resource estimate. Vein corridors are defined as a high-density network of mineralized quartz veins within the sandstones. Mineralized quartz veins on the Cariboo Gold Project are overall sub-vertical dip and northeast strike. These corridors have been defined from surface to a vertical depth of up to 300 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins.

Qualified Persons

Exploration activities at the Cariboo Gold Project are administered on site by the Company's Project Geologists, Kyle Orr and Felipe Castaneda. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance – Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company's secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by the Company's Qualified Person, Maggie Layman, P.Geo, Vice President Exploration.

Drill core samples are submitted to ALS Geochemistry's analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed, and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 1,000g screen metallic fire assay. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

About Barkerville Gold Mines Ltd.

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. Barkerville's Cariboo Gold Project mineral tenures cover 1,950 square kilometres; along a strike length of 67 kilometres which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company's Brownfield's exploration team is focused on developing and delineating a mineable resource within the 7 kilometers of principle project area located near the town of Wells, British Columbia. The Company's Greenfield's team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation's team is focused on developing and mining the Bonanza Ledge and BC Vein deposits on Barkerville Mountain. This operation allows the company to generate near term cash flow, train a local work force, keeps the present mining permit active, and de-risk's the project through staged production growth. Processing of material from these deposits is processed at the QR mill. QR is a fully owned, permitted mill and tailings facility, located approximately 110 kilometres away from Wells, and can be accessed by an all-season road.

Cautionary Statement on Forward -Looking Information
Neither the TSX Venture Exchange ('TSXV') nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Table 1: Length Weighted Gold Composites from Cow Mountain


HOLE ID		FROM	TO	LENGTH (M)	AU (G/T)
CM-18-151		37.50	39.20	1.70	19.52
	Including	37.50	38.00	0.50	58.40
	And	38.70	39.20	0.50	7.43
		50.60	53.00	2.40	3.95
	Including	51.50	52.00	0.50	7.56
	And	52.50	53.00	0.50	6.41
		73.70	74.20	0.50	6.26
		89.50	93.35	3.85	29.87
	Including	89.50	90.05	0.55	10.10
	And	90.05	90.65	0.60	102.50
	And	92.60	93.35	0.75	59.20
		217.50	218.00	0.50	4.83
CM-18-152		75.60	76.10	0.50	4.48
		250.50	253.35	2.85	7.86
	Including	250.50	251.25	0.75	26.40
		273.15	273.65	0.50	17.15
		283.20	283.70	0.50	26.10
		359.80	360.80	1.00	7.01
CM-18-153		237.90	246.50	8.60	8.96
	Including	241.20	242.05	0.85	17.40
	And	242.05	242.55	0.50	9.35
	And	244.15	244.85	0.70	33.30
		251.25	251.75	0.50	6.79
		262.30	262.80	0.50	4.38
CM-18-154		48.00	48.60	0.60	6.46
CM-18-155	No Significant Assays
CM-18-156		63.00	63.50	0.50	7.25
		106.00	106.50	0.50	4.20
		148.35	148.85	0.50	24.30
		181.00	182.50	1.50	4.81
CM-18-157		43.60	44.20	0.60	4.62
CM-18-158		189.10	199.50	10.40	9.85
	Including	189.10	190.10	1.00	48.90
	And	190.10	190.80	0.70	10.20
	And	194.50	195.10	0.60	9.78
	And	195.10	196.00	0.90	16.85
	And	197.20	198.00	0.80	16.55
		239.50	240.00	0.50	4.98
		273.90	274.50	0.60	4.36
		399.70	401.35	1.65	8.35
	Including	400.60	401.35	0.75	10.70
CM-18-159		140.70	141.20	0.50	169.50
		150.60	151.20	0.60	8.25
		157.20	161.15	3.95	5.50
	Including	158.20	159.00	0.80	14.55
	And	159.00	160.00	1.00	8.76
		203.40	205.90	2.50	8.38
	Including	205.20	205.90	0.70	27.20
		217.50	218.00	0.50	4.81
		233.30	233.80	0.50	8.43
		242.70	243.40	0.70	4.75
		339.20	341.70	2.50	6.75
	Including	340.00	340.70	0.70	7.50
	And	340.70	341.70	1.00	8.76
		347.55	348.05	0.50	8.10
		349.65	353.00	3.35	8.70
	Including	349.65	350.65	1.00	15.65
	And	352.35	353.00	0.65	18.85
		359.90	360.40	0.50	8.13
CM-18-160		177.50	178.15	0.65	8.64
		250.85	252.00	1.15	10.52
	Including	250.85	251.50	0.65	15.45
		328.15	329.00	0.85	5.14
CM-18-161		52.70	53.75	1.05	19.65
		57.40	57.90	0.50	10.00
		66.45	67.00	0.55	4.97
		114.30	115.00	0.70	21.70
		189.50	195.00	5.50	4.78
	Including	191.00	192.00	1.00	11.05
	And	193.50	195.00	1.50	7.19
CM-18-162		109.40	110.00	0.60	17.10
		118.90	119.50	0.60	11.20
CM-18-163		67.50	72.00	4.50	4.90
	Including	67.50	68.30	0.80	15.40
	And	71.20	72.00	0.80	8.33
		189.90	190.50	0.60	12.75
CM-18-164		194.10	194.80	0.70	14.45
		201.90	202.40	0.50	6.33
		221.60	222.10	0.50	21.40
		223.60	224.20	0.60	4.40
		230.50	231.00	0.50	21.80
		241.20	241.70	0.50	8.11
		246.50	247.00	0.50	5.14
		257.25	257.75	0.50	4.51
		303.70	304.25	0.55	4.00
		321.30	321.80	0.50	5.39
		348.80	350.45	1.65	18.35
	Including	348.80	349.45	0.65	15.05
	And	349.95	350.45	0.50	40.50
		360.20	360.70	0.50	9.44
		365.70	373.00	7.30	10.47
	Including	365.70	366.25	0.55	49.30
	And	368.00	368.75	0.75	23.20
	And	369.45	370.15	0.70	11.65
	And	371.40	372.20	0.80	11.95
CM-18-165		74.50	76.00	1.50	5.02
		80.35	81.00	0.65	4.98
		118.00	118.60	0.60	18.10
CM-18-166		119.25	119.75	0.50	5.76
		122.50	123.00	0.50	18.60
		135.00	135.50	0.50	5.48
		137.40	138.00	0.60	4.70
		179.20	180.00	0.80	4.36
		196.25	197.20	0.95	5.55
		362.30	362.85	0.55	5.64
		469.25	469.70	0.45	4.78
CM-18-167		118.80	120.80	2.00	10.47
	Including	120.30	120.80	0.50	22.50
		129.00	129.90	0.90	9.34
		138.10	138.60	0.50	7.29
		180.30	181.60	1.30	10.85
		246.60	247.25	0.65	10.45
		261.45	262.00	0.55	9.66
		308.80	309.53	0.73	9.55
CM-18-168		214.90	215.40	0.50	39.90
		216.00	216.50	0.50	11.70
		246.90	247.50	0.60	11.75
		262.80	263.30	0.50	4.65
CM-18-169		233.80	234.30	0.50	15.10
		267.60	268.35	0.75	14.05
		310.00	310.50	0.50	20.10
		361.45	361.95	0.50	10.50
		365.70	366.20	0.50	10.55
		369.70	370.60	0.90	22.70
		406.25	407.05	0.80	32.90
CM-18-170		109.85	110.35	0.50	17.90
		144.10	144.65	0.55	23.80
		174.45	175.25	0.80	6.10
		211.65	212.85	1.20	26.66
	Including	212.35	212.85	0.50	35.00
		322.15	323.05	0.90	5.19
CM-18-171	No Significant Assays
CM-18-172		176.25	180.80	4.55	9.08
	Including	179.20	179.75	0.55	46.30
	And	179.75	180.30	0.55	9.08
	And	180.30	180.80	0.50	9.56
		277.55	281.05	3.50	35.32
	Including	277.55	278.10	0.55	180.50
	And	279.30	280.00	0.70	14.15
	And	280.00	281.05	1.05	12.10
		373.10	375.00	1.90	5.13
	Including	374.40	375.00	0.60	10.15
		409.95	412.40	2.45	9.07
	Including	409.95	411.00	1.05	11.80
	And	411.00	411.85	0.85	9.89
		413.80	414.20	0.40	4.02
CM-18-173		116.00	116.50	0.50	5.16
		134.40	135.00	0.60	10.25
		190.75	191.35	0.60	4.71
		196.40	197.45	1.05	4.34
		240.75	241.85	1.10	11.56
		244.50	245.00	0.50	17.35
		301.90	302.40	0.50	7.29
		321.05	324.55	3.50	8.13
	Including	321.05	321.85	0.80	15.60
	And	323.85	324.55	0.70	21.10
		332.50	333.00	0.50	11.25
		337.00	339.00	2.00	5.77
	Including	338.50	339.00	0.50	16.45
CM-18-174		95.75	96.25	0.50	5.70
		141.00	141.65	0.65	4.16
		165.00	166.30	1.30	17.98
	Including	165.50	166.30	0.80	22.00
		208.40	209.35	0.95	25.30
CM-18-175		154.00	154.50	0.50	6.82
		191.30	191.80	0.50	8.25
		231.50	232.15	0.65	14.60
		253.80	254.30	0.50	6.74
		367.70	369.70	2.00	4.81
	Including	367.70	368.90	1.20	5.40
CM-18-176		127.65	130.55	2.90	5.91
	Including	130.00	130.55	0.55	7.67
CM-18-177		74.80	75.20	0.40	8.27
		107.50	108.00	0.50	5.63
CM-18-178		172.50	173.00	0.50	9.95
		185.25	186.00	0.75	9.69
		246.87	249.50	2.63	4.06
	Including	246.87	247.50	0.63	8.12
	And	249.00	249.50	0.50	5.76
		255.75	257.10	1.35	6.35
		261.10	261.60	0.50	21.90
		268.20	268.90	0.70	73.70
		271.65	272.20	0.55	6.96
		294.00	294.75	0.75	9.49
CM-18-179		121.80	122.30	0.50	10.50
		139.95	141.55	1.60	5.25
		202.80	204.00	1.20	35.44
	Including	202.80	203.50	0.70	44.40
		205.80	206.30	0.50	4.30
		213.00	214.50	1.50	5.86
CM-18-180		158.50	159.00	0.50	5.07
		175.00	175.50	0.50	13.40
CM-18-181		70.10	70.60	0.50	7.72
		328.10	328.60	0.50	5.37
CM-18-182		106.90	108.00	1.10	7.48
		128.25	130.50	2.25	5.25
	Including	129.00	129.85	0.85	10.85
		197.85	201.80	3.95	7.63
	Including	197.85	198.50	0.65	18.80
	And	200.20	201.00	0.80	14.60
		292.95	294.20	1.25	6.98
	Including	292.95	293.70	0.75	9.78
CM-18-183		223.70	224.20	0.50	64.80
		261.55	262.00	0.45	4.87
		283.60	286.50	2.90	8.66
	Including	283.60	284.10	0.50	8.83
	And	284.60	285.45	0.85	18.65
CM-18-184		171.00	172.10	1.10	5.93
	Including	171.00	171.50	0.50	10.50
		211.60	212.10	0.50	7.80
		223.20	223.70	0.50	7.73
		226.00	226.50	0.50	41.40
		240.40	242.10	1.70	11.42
	Including	240.40	241.00	0.60	9.05
	And	241.60	242.10	0.50	27.80
CM-18-185	No Significant Assays
CM-18-186		95.20	96.60	1.40	19.92
	Including	95.20	96.00	0.80	25.30
		122.00	122.50	0.50	4.56
		199.20	201.50	2.30	7.86
	Including	201.00	201.50	0.50	21.70
		228.00	228.50	0.50	12.95
		239.50	240.00	0.50	4.73
		261.45	265.10	3.65	10.39
	Including	261.45	262.10	0.65	20.80
	And	262.10	263.00	0.90	21.50
	And	264.55	265.10	0.55	7.78
CM-18-187		49.50	50.50	1.00	21.60
		81.30	81.80	0.50	12.90
		118.30	118.80	0.50	41.50
		148.90	149.60	0.70	5.81
		214.20	217.30	3.10	11.09
	Including	214.20	214.70	0.50	9.13
	And	214.70	215.40	0.70	17.80
	And	216.30	217.30	1.00	15.75
		368.50	369.50	1.00	5.21
CM-18-188		219.00	219.50	0.50	12.85
CM-18-189		92.90	93.60	0.70	5.42
		101.50	104.90	3.40	6.29
	Including	102.70	103.25	0.55	34.00
		244.65	245.20	0.55	20.30
		260.40	261.00	0.60	5.41
CM-18-190		62.50	64.00	1.50	4.42
		230.25	230.75	0.50	7.66
		262.15	263.00	0.85	3.76
CM-18-191	No Significant Assays
CM-18-192		10.75	11.40	0.65	12.20
		69.00	69.50	0.50	5.31
		78.50	79.00	0.50	5.89
		101.50	102.00	0.50	6.43
		172.00	173.50	1.50	6.56
		183.60	184.10	0.50	20.50
		198.20	198.70	0.50	8.32
		235.20	235.70	0.50	12.50
CM-18-193		60.00	60.50	0.50	6.88
CM-18-194		209.85	210.40	0.55	5.37
CM-18-195		67.70	68.40	0.70	6.11
		129.80	130.30	0.50	4.15
		212.15	212.75	0.60	8.37
		224.35	225.00	0.65	5.58
		229.75	230.30	0.55	21.40
CM-18-196		30.00	31.00	1.00	5.73
		79.10	79.60	0.50	14.70
		135.70	136.70	1.00	9.61
	Including	135.70	136.20	0.50	11.00
		183.00	183.50	0.50	5.93
CM-18-197		12.45	19.10	6.65	7.05
	Including	12.45	12.95	0.50	64.20
	And	17.45	18.45	1.00	7.78
	And	18.45	19.10	0.65	5.72
		44.05	44.55	0.50	52.90
		61.00	62.00	1.00	4.23
		93.00	93.50	0.50	21.90
		117.50	119.00	1.50	10.62
	Including	117.50	118.00	0.50	24.10
	And	118.50	119.00	0.50	7.73
		176.45	176.95	0.50	5.45
		188.00	188.60	0.60	28.80
CM-18-198		113.30	114.25	0.95	45.50
		120.90	123.00	2.10	4.30
	Including	121.55	122.05	0.50	8.95
		218.10	218.65	0.55	11.00
CM-18-199		208.35	209.30	0.95	45.00
		223.50	224.50	1.00	12.20
CM-18-200		83.90	84.75	0.85	11.35
		199.20	200.00	0.80	4.35
		252.35	253.65	1.30	9.61
		261.15	261.95	0.80	7.78
		297.15	297.65	0.50	5.40

Table 2: Drillhole Collar Orientations:

HOLE ID	Azimuth	Dip
CM-18-151	125	-50
CM-18-152	137	-54
CM-18-153	134	-56
CM-18-154	129	-60
CM-18-155	121	-58
CM-18-156	286	-66
CM-18-157	140	-51
CM-18-158	129	-48
CM-18-160	130	-52
CM-18-159	118	-54
CM-18-161	284	-60
CM-18-162	325	-45
CM-18-163	326	-65
CM-18-164	138	-47
CM-18-165	152	-47
CM-18-166	131	-49
CM-18-167	120	-56
CM-18-169	137	-51
CM-18-170	136	-50
CM-18-171	123	-53
CM-18-173	124	-53
CM-18-172	139	-52
CM-18-174	132	-56
CM-18-175	132	-55
CM-18-176	125	-50
CM-18-177	130	-58
CM-18-178	129	-46
CM-18-179	144	-53
CM-18-168	131	-49
CM-18-180	117	-45
CM-18-181	126	-54
CM-18-182	140	-57
CM-18-185	150	-59
CM-18-183	120	-51
CM-18-184	148	-53
CM-18-186	152	-65
CM-18-187	114	-51
CM-18-188	123	-54
CM-18-189	140	-57
CM-18-190	137	-52
CM-18-191	315	-56
CM-18-192	296	-47
CM-18-195	139	-47
CM-18-193	115	-59
CM-18-194	123	-50
CM-18-196	294	-56
CM-18-197	313	-54
CM-18-198	136	-45
CM-18-199	135	-53
CM-18-200	139	-52

SOURCE Barkerville Gold Mines Ltd.

View original content to download multimedia: newswire.ca

RecommendKeepReply Mark as Last Read

From: howestreetbull

1/23/2019 8:58:52 AM

BGM.v $BGMZF Barkerville Gold Intersects 30.16 G/t Gold Over 2.80 Meters and 11.77 G/t Gold Over 5.00 Meters

V.BGM | 47 minutes ago

Canada NewsWire

TORONTO, Jan. 23, 2019

HIGH-GRADE INTERCEPTS INCLUDE 98.80 G/T GOLD OVER 0.80 METER 105 G/T GOLD OVER 0.50 METER

TORONTO, Jan. 23, 2019 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce the final drilling results from the 2018 Cow Mountain exploration and category conversion program at the Company's flagship Cariboo Gold Project. A total of 63,970 meters were drilled in 231 holes on Cow Mountain during the 2018 drill program and demonstrated continuity of high-grade gold mineralization within vein corridors and extensions down dip and down plunge.

Recent highlights from the Cow Mountain exploration and delineation program include 12.26 g/t Au over 7.60 meters in hole CM-18-206 including high-grade intercept of 97.8 g/t Au over 0.80 meter, located 15 meters up dip of hole CM-18-140 that intersected 37.87 g/t Au over 4.75 meters. The Company is currently working on an updated model to include the additional 231 holes.

Selected Drilling Highlights:

CM-18-201: 30.16 g/t Au over 2.8 metersCM-18-206: 12.26 g/t Au over 7.60 meters including 97.8 g/t Au over 0.80 metersCM-18-211: 105 g/t Au over 0.50 metersCM-18-220: 7.24 g/t Au over 5.50 metersCM-18-222: 11.77 g/t Au over 5.00 meters CM-18-222: 11.08 g/t Au over 6.00 metersCM-18-227: 46.49 g/t Au over 1.95 metersCM-18-231: 18.79 g/t Au over 3.95 metersTrue widths are estimated to be 50 to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.

A drill hole location plan map and section are presented below. Detailed drilling results are presented at the end of this release. The Cow Mountain 3D deposit model with assay highlights is located on the Company's website:

Barkerville Gold Mines Ltd. 3D Deposit Model

The drill program at Cow Mountain was designed to infill and expand high-grade gold-mineralized vein corridors modelled in the May 2018 Cow Mountain resource estimate. Vein corridors are defined as a high-density network of mineralized quartz veins within the sandstones. Mineralized quartz veins on the Cariboo Gold Project are overall sub-vertical dip and northeast strike. These corridors have been defined from surface to a vertical depth of up to 300 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins.

Qualified Persons

Exploration activities at the Cariboo Gold Project are administered on site by the Company's Project Geologists, Kyle Orr and Felipe Castaneda. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance – Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company's secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by the Company's Qualified Person, Maggie Layman, P.Geo, Vice President Exploration.

Drill core samples are submitted to ALS Geochemistry's analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed, and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 1,000g screen metallic fire assay. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

About Barkerville Gold Mines Ltd.

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. Barkerville's Cariboo Gold Project mineral tenures cover 1,950 square kilometres; along a strike length of 67 kilometres which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company's Brownfield's exploration team is focused on upgrading and expanding the May 2018 43-101 compliant resource within the 8 kilometers of principle project area located near the town of Wells, British Columbia. The Company's Greenfield's team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation's team is focused on completing required studies in order to pemit underground mining on Cow and Island Mountains.

Cautionary Statement on Forward-Looking Information
Neither the TSX Venture Exchange ('TSXV') nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

image: mma.prnewswire.com

image: mma.prnewswire.com

Table 1: Length Weighted Gold Composites from Cow Mountain


HOLE ID		FROM	TO	LENGTH (M)	AU (G/T)
CM-18-201		15.55	16.55	1.00	24.50
		46.65	47.25	0.60	61.60
		56.75	57.25	0.50	98.50
		117.50	120.30	2.80	30.16
	Including	117.50	118.85	1.35	7.18
	And	119.40	120.30	0.90	83.00
		127.50	128.15	0.65	5.56
		188.20	188.75	0.55	34.30
CM-18-202		27.65	28.15	0.50	11.75
		39.65	43.45	3.80	7.42
	Including	39.65	40.15	0.50	12.25
	And	40.15	40.65	0.50	22.50
	And	42.65	43.45	0.80	8.91
		48.55	49.05	0.50	44.90
		64.10	69.00	4.90	5.80
	Including	64.60	65.15	0.55	15.55
	And	65.15	65.90	0.75	15.70
		79.25	79.80	0.55	5.85
		187.50	188.00	0.50	12.00
CM-18-203		109.50	110.00	0.50	14.50
		161.80	162.80	1.00	16.95
		212.70	214.25	1.55	4.82
	Including	212.70	213.45	0.75	7.97
CM-18-204		42.00	42.80	0.80	3.76
CM-18-205		203.00	203.50	0.50	6.67
		225.50	226.00	0.50	3.62
CM-18-206		69.95	70.45	0.50	4.23
		77.50	78.00	0.50	8.77
		214.00	221.60	7.60	12.26
	Including	214.00	214.50	0.50	5.72
	And	215.70	216.55	0.85	5.44
	And	217.80	218.30	0.50	10.05
	And	220.80	221.60	0.80	97.80
		240.00	240.50	0.50	4.07
CM-18-207		62.65	63.25	0.60	11.50
		92.65	94.30	1.65	24.11
	Including	92.65	93.25	0.60	58.30
CM-18-208		74.10	75.70	1.60	4.47
	Including	75.20	75.70	0.50	11.10
		101.15	101.75	0.60	5.68
CM-18-209		126.10	127.00	0.90	9.35
		152.70	154.00	1.30	3.78
		176.00	176.70	0.70	14.05
CM-18-210		33.70	34.75	1.05	3.62
		88.00	90.35	2.35	7.68
	Including	88.00	88.50	0.50	16.50
	And	89.65	90.35	0.70	13.55
		112.25	115.65	3.40	5.55
	Including	112.25	112.90	0.65	17.05
CM-18-211		47.25	50.60	3.35	16.97
	Including	47.25	47.75	0.50	11.85
	And	47.75	48.35	0.60	67.30
	And	50.10	50.60	0.50	20.80
		56.30	56.85	0.55	6.68
		59.70	60.20	0.50	14.40
		69.20	69.70	0.50	5.09
		119.80	120.30	0.50	105.00
		139.40	140.30	0.90	7.89
		146.05	148.05	2.00	14.39
	Including	146.90	147.55	0.65	43.30
		165.20	166.35	1.15	9.99
		276.40	276.90	0.50	7.91
CM-18-212		51.80	52.30	0.50	35.10
CM-18-213		121.00	126.20	5.20	6.08
	Including	124.25	124.75	0.50	58.50
		134.70	136.00	1.30	5.03
CM-18-214		82.25	82.75	0.50	18.80
		211.80	215.35	3.55	7.18
	Including	211.80	212.30	0.50	9.56
	And	212.30	213.00	0.70	14.40
	And	213.00	213.80	0.80	9.35
CM-18-215		17.30	18.00	0.70	56.10
		91.05	92.20	1.15	7.76
		94.20	94.90	0.70	7.13
		109.85	110.70	0.85	9.10
CM-18-216		22.80	25.70	2.90	5.88
	Including	22.80	23.45	0.65	12.05
	And	25.00	25.70	0.70	12.80
		43.75	46.95	3.20	5.36
	Including	43.75	44.25	0.50	16.50
	And	46.00	46.95	0.95	9.21
		64.30	64.80	0.50	4.29
		71.30	71.95	0.65	4.29
		76.90	77.60	0.70	4.52
		90.60	92.50	1.90	6.97
	Including	90.60	91.50	0.90	11.65
		109.50	110.15	0.65	15.55
		114.95	116.50	1.55	9.87
	Including	114.95	115.55	0.60	17.80
	And	116.00	116.50	0.50	7.82
		135.90	136.50	0.60	8.48
		159.10	159.70	0.60	5.00
CM-18-217		15.00	16.10	1.10	9.99
		43.00	44.50	1.50	20.70
		119.65	120.15	0.50	4.03
		261.90	262.45	0.55	7.53
		290.85	291.40	0.55	12.95
		316.20	316.85	0.65	8.74
		347.65	349.35	1.70	8.45
CM-18-218		51.15	51.85	0.70	8.48
		76.70	78.30	1.60	5.04
	Including	76.70	77.20	0.50	11.75
CM-18-219	No Significant Assays
CM-18-220		17.50	18.90	1.40	13.75
		82.70	83.50	0.80	10.25
		87.00	92.50	5.50	7.24
	Including	87.00	88.10	1.10	26.20
	And	91.00	92.50	1.50	5.28
CM-18-221		18.90	19.70	0.80	4.60
		67.35	68.60	1.25	11.55
CM-18-222		29.00	34.00	5.00	11.77
	Including	29.00	30.00	1.00	50.20
	And	33.50	34.00	0.50	11.10
		90.40	96.40	6.00	11.08
	Including	90.40	91.20	0.80	12.50
	And	95.70	96.40	0.70	77.30
CM-18-223	No Significant Assays
CM-18-224		22.40	23.00	0.60	5.37
		76.50	77.00	0.50	15.90
		83.70	84.70	1.00	4.74
		87.40	88.30	0.90	21.10
CM-18-225	No Significant Assays
CM-18-226		34.15	35.15	1.00	29.10
		93.15	94.10	0.95	10.65
		110.00	111.10	1.10	4.58
CM-18-227		40.10	42.05	1.95	46.49
	Including	40.10	40.90	0.80	65.60
	And	41.40	42.05	0.65	58.70
CM-18-228		78.20	78.80	0.60	10.90
		143.80	144.90	1.10	6.27
		147.50	148.00	0.50	5.78
		208.50	209.00	0.50	4.91
CM-18-229		126.00	126.70	0.70	23.30
		136.80	140.90	4.10	6.63
	Including	139.40	140.90	1.50	15.90
		147.00	149.60	2.60	5.82
	Including	148.15	149.00	0.85	11.75
		154.50	155.85	1.35	6.69
CM-18-230		104.95	105.50	0.55	27.90
		150.90	151.70	0.80	14.90
		212.65	213.50	0.85	36.50
		221.30	225.00	3.70	6.35
	Including	221.30	222.00	0.70	4.12
	And	223.90	225.00	1.10	18.40
CM-18-231		30.30	31.00	0.70	6.66
		47.10	49.50	2.40	13.80
	Including	47.10	47.60	0.50	22.90
	And	49.00	49.50	0.50	35.70
		61.75	65.70	3.95	18.79
	Including	64.90	65.70	0.80	89.20
		84.25	84.80	0.55	34.10
		169.50	170.20	0.70	6.63
		277.00	277.50	0.50	7.37

Table 2: Drillhole Collar Orientations:

HOLE ID	AZIMUTH	DIP
CM-18-201	309	-49
CM-18-202	142	-46
CM-18-203	141	-65
CM-18-204	140	-45
CM-18-205	310	-45
CM-18-206	139	-45
CM-18-207	140	-60
CM-18-208	136	-59
CM-18-209	310	-60
CM-18-210	296	-45
CM-18-211	142	-53
CM-18-212	139	-50
CM-18-213	131	-56
CM-18-214	155	-52
CM-18-215	289	-58
CM-18-216	130	-60
CM-18-217	136	-50
CM-18-218	289	-45
CM-18-219	116	-45
CM-18-220	290	-65
CM-18-221	304	-44
CM-18-222	140	-63
CM-18-223	113	-54
CM-18-224	300	-51
CM-18-225	140	-49
CM-18-226	145	-55
CM-18-227	139	-54
CM-18-228	146	-61
CM-18-229	120	-52
CM-18-230	139	-60
CM-18-231	150	-50

image: mma.prnewswire.com

SOURCE Barkerville Gold Mines Ltd.

image: rt.newswire.ca

View original content to download multimedia: newswire.ca

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GOLD

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To: howestreetbull who wrote (119)	2/2/2019 6:00:14 PM
From: Supervalue	of 127

More and more gold ...... Catch is at tricky spots

BGM \| Stock Discussion ForumsShare	RecommendKeepReply Mark as Last Read

To: howestreetbull who wrote (119)

3/26/2019 8:22:24 AM

From: howestreetbull

BGM.v $BGMZF BGM Expands Mineralization by 175 Meters at Island Mountain
by @newswire on March 26, 2019
NEW DRILLING INTERSECTS 19.34 G/T GOLD OVER 17.9 METERS

TORONTO, March 26, 2019 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM. the "Company" or "BGM") is pleased to announce the new drilling results from the 2019 Island Mountain exploration and category conversion program at the Company's flagship Cariboo Gold Project in central British Columbia.

In January 2019, BGM commenced diamond drilling with five diamond drill rigs on Island Mountain Shaft Zone and Mosquito Creek deposits to investigate down dip extensions on the mineralized vein corridors as well as shallow infill high-grade zones. New results include 19.34 g/t Au over 17.9 meters in IM-19-013, extending a mineralized vein corridor on Shaft Zone 70 meters down dip. The current mineralization on Mosquito Creek is modelled to a depth of 200 meters and recent high-grade intercepts include 10.65 g/t Au over 4.2 meters in IM-19-004 at a depth of 375 meters from surface. These results, as well as the highlights summarized below, demonstrate continuity of grade and widths within the modelled vein corridors, expansion of mineralization at depth and anomalous mineralization between the vein corridors.

Select Drilling Highlights:

IM-19-004 is located at Mosquito Creek and intersected 10.65 g/t Au over 4.2 meterswhich extended the mineralization at Mosquito Creek from 200 meters to 375 meters. This is one of the deepest holes at Mosquito Creek to date.

IM-19-007 was designed to test for new vein corridors within the sandstone along strike of the Shaft Zone to the north west. IM-19-007 assayed 10.06 g/t Au over 13.15 meters and is 20 meters from surface.

IM-19-010 intersected a mineralized zone of fine disseminated pyrite within silica sericite alteration adjacent to the Mosquito Fault and modelled vein corridors. IM-19-010 assayed 1.25 g/t Au over 33.25 meters. A sample within this zone assayed 9.57 g/t Au over 1.5 meters. This mineralization is hosted in calcareous sandstone between the vein corridors and is 120 meters down plunge of IM-18-102 that assayed 1.35 g/t Au over 32.8 meters (a sample in this zone assayed 20.1 g/t over 0.5 meter) and 60 meters down plunge of hole IM-18-155 that assayed 1.32 g/t over 45.2 meters (a sample within this zone assayed 8.89 g/t Au over 1.25 meters). Mineralization between vein corridors will significantly reduce mining dilution.

IM-19-012 is located at Shaft Zone and intersected previously unmodelled quartz vein mineralization that assayed 7.02 g/t Au over 10.25 meters.

IM-19-013 intersected three zones of mineralization. At 92 meters down hole, IM-19-013 intersected 26.24 g/t Au over 2.4 meters meters infilling a vein corridor. Further down hole, IM-19-013 intersected quartz veins with pyrite mineralization that assayed 19.34 g/t Au over 17.9 meters including a sample that assayed 151.5 g/t Au over 0.50 meterand extended a modelled vein corridor 70 meters down dip. At 442 meters down hole, 350 meters from surface, this hole intersected 15.78 g/t Au over 5.35 meters, approximately 160 meters down dip of the nearest modelled vein corridor. Visible gold was observed in this hole.

True widths are estimated to be 50 to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.

A complete table of assay highlights for IM-19-001 to IM-19-015 is present below. The Shaft Zone 3D deposit model with assay highlights is located on the Company's website:

Barkerville Gold Mines Ltd. 3D Deposit Model

Mineralized quartz veins on the Cariboo Gold Project are overall sub-vertical dip and northeast strike. Vein corridors are defined as a high-density network of mineralized quartz veins within the sandstones. These corridors have been defined from surface to a vertical depth averaging 300 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins.

Chris Lodder, President and CEO, comments, "again these drill results demonstrate the high probability to add significant resources below our present resources within the mineralized vein corridors on Island Mountain as well as connect the Shaft and Mosquito Creek zones".

Qualified Persons

As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance – Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company's secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd.

Drill core samples are submitted to ALS Geochemistry's analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed, and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 1,000g screen metallic fire assay. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

About Barkerville Gold Mines Ltd.

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. Barkerville's Cariboo Gold Project mineral tenures cover 1,950 square kilometres; along a strike length of 67 kilometres which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company's Brownfield's exploration team is focused on upgrading and expanding the May 2018 43-101 compliant resource within the 8 kilometers of principle project area located near the town of Wells, British Columbia. The Company's Greenfield's team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation's team is focused on completing required studies in order to permit underground mining on Cow and Island Mountains.

Cautionary Statement on Forward-Looking Information
Neither the TSX Venture Exchange ('TSXV') nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Table 1: Length Weighted Gold Composites

HOLE ID		DEPTH FROM (M)	DEPTH TO (M)	LENGTH (M)	AU (G/T)	PURPOSE	TARGET
IM-19-001		71.00	75.00	4.00	7.64	Infill and Exploration	Shaft Zone
	Including	71.00	71.60	0.60	40.20
	And	74.30	75.00	0.70	9.01
		99.30	102.30	3.00	8.78
	Including	100.70	101.35	0.65	23.40
		127.00	131.00	4.00	4.94
	Including	127.00	128.00	1.00	16.65
		179.10	179.75	0.65	52.00
		189.20	189.70	0.50	15.00
		230.10	231.10	1.00	4.09
IM-19-002		243.30	244.30	1.00	4.82	Infill and Exploration	Shaft Zone
IM-19-003		106.35	112.65	6.30	3.16	Infill	Shaft Zone
	Including	106.35	106.85	0.50	11.55
	And	111.90	112.65	0.75	11.60
IM-19-004		32.65	36.50	3.85	3.53	Exploration	Mosquito Creek
		57.00	57.80	0.80	5.46
		60.00	62.95	2.95	3.74
	Including	62.00	62.95	0.95	7.09
		186.00	187.70	1.70	9.64
	Including	186.00	187.20	1.20	13.10
		398.40	402.60	4.20	10.65
	Including	402.10	402.60	0.50	85.70
IM-19-005		160.65	166.15	5.50	5.94	Infill and Exploration	Mosquito Creek
	Including	160.65	161.35	0.70	40.60
IM-19-006		295.10	295.60	0.50	5.49	Stratigraphic	Willow
IM-19-007		26.75	39.90	13.15	10.06	Infill and Exploration	Shaft Zone
	Including	27.35	27.90	0.55	15.15
	And	36.00	37.00	1.00	10.45
	And	37.00	37.90	0.90	76.40
		190.00	192.00	2.00	12.42
	Including	191.00	192.00	1.00	22.00
IM-19-008		282.25	283.00	0.75	48.80	Exploration	Mosquito Creek
		290.90	291.40	0.50	15.55
		370.40	371.30	0.90	7.16
		371.30	372.00	0.70	6.81
		398.20	399.00	0.80	14.65
		413.10	413.70	0.60	7.93
IM-19-009		18.90	20.40	1.50	13.15	Infill	Shaft Zone
		49.90	51.50	1.60	6.06
		60.35	61.40	1.05	16.40
		71.30	72.00	0.70	4.20
		298.50	299.70	1.20	5.12
IM-19-010		158.75	192.00	33.25	1.25	Exploration	Mosquito Creek
	Including	177.60	179.10	1.50	9.57
		201.90	202.40	0.50	4.88
		339.00	339.60	0.60	66.00
IM-19-011		40.75	41.25	0.50	4.96	Exploration	Shaft Zone
		228.10	228.65	0.55	4.02
IM-19-012		136.00	136.80	0.80	3.18	Infill	Shaft Zone
		147.20	148.40	1.20	6.35
		150.50	151.00	0.50	4.55
		153.90	158.25	4.35	5.18
	Including	153.90	154.45	0.55	10.95
	And	154.45	155.00	0.55	22.00
		161.25	171.50	10.25	7.02
	Including	161.25	162.00	0.75	7.96
	And	162.00	163.40	1.40	31.40
	And	169.25	170.60	1.35	11.45
IM-19-013		81.50	82.00	0.50	19.20	Infill and Exploration	Shaft Zone
		85.50	86.50	1.00	10.85
		92.00	94.40	2.40	26.24
	Including	92.00	93.50	1.50	38.10
		111.50	129.40	17.90	19.34
	Including	111.50	112.55	1.05	19.25
	And	114.55	115.05	0.50	151.50
	And	115.05	116.35	1.30	37.90
	And	116.85	118.35	1.50	32.80
	And	118.35	119.85	1.50	59.30
	And	119.85	121.20	1.35	9.19
	And	121.20	122.45	1.25	21.50
	And	123.20	123.70	0.50	10.25
	And	127.90	129.40	1.50	7.38
		146.90	147.90	1.00	7.19
		151.90	155.85	3.95	5.83
	Including	151.90	153.00	1.10	8.25
	And	155.30	155.85	0.55	23.10
		332.10	335.40	3.30	5.16
	Including	334.35	334.90	0.55	28.60
		442.45	447.80	5.35	15.78
	Including	442.45	443.00	0.55	15.70
	And	445.35	446.35	1.00	31.40
	And	447.15	447.80	0.65	59.60
		460.05	460.55	0.50	3.68
IM-19-014		25.80	26.40	0.60	20.30	Infill	Shaft Zone
		35.90	36.85	0.95	8.49
		67.60	70.50	2.90	6.65
	Including	70.00	70.50	0.50	29.50
		92.85	93.40	0.55	8.51
		149.50	150.00	0.50	13.45
		155.35	156.50	1.15	6.42
		182.80	183.85	1.05	28.09
IM-19-015		55.80	56.30	0.50	16.55	Infill	Shaft Zone

Table 2: Drillhole Collar Orientations:

HOLE ID	DIP	AZIMUTH	DEPTH (M)
IM-19-001	-53	127	888
IM-19-002	-55	125	864
IM-19-003	-47	134	204
IM-19-004	-47	303	426
IM-19-005	-45	299	417
IM-19-006	-46	232	807
IM-19-007	-44	123	351
IM-19-008	-46	308	639
IM-19-009	-45	133	312
IM-19-010	-43	312	622
IM-19-011	-53	134	327
IM-19-012	-53	138	177
IM-19-013	-46	129	651
IM-19-014	-54	134	300
IM-19-015	-58	137	213

SOURCE Barkerville Gold Mines Ltd.

View original content to download multimedia: newswire.ca

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