If you're familiar with my work you know this will be interesting.
I will have to read up on your posts and might go visit the mine before I publish.
Fraser sent me some highlights.
Webgogs - Thanks for taking the time to let me update you. This is for your reference regarding some of the upcoming catalysts for Barkerville Gold Mines Ltd. that I mentioned.
January - Completion of announced financing of $20,000,000. Closed Jan 23, 2012 and oversubscribed by $4,351,424
January - Preparation of QR mine and mill to handle Bonanza Ledge ore (our 2nd mine, permit to mine granted Dec 06, 2011,)
January onwards – Assays from 62 diamond drill holes pending
First Quarter - New 43-101 resource updates. The first since 2006 and a lot of new holes to include (see assay sample below).
Spring – Start mining/milling Bonanza Ledge ore.
Spring/Summer – exploration and development at QR North Zone, our 1st mine.
This year – have a completed feasibility study for the Gold Quartz Mine (Cow Mountain), our 3rd proposed mine.
These are just some of the catalysts in the first part of the year. Once again I think 2012 will be very productive and prosperous for Barkerville Gold and our shareholders, especially given current market valuation for BGM.
Here are links to some previous assays released.
Bonanza Ledge
84.4 meters of 16.5 g/t (0.48 oz/t) gold, including 37.5 meters (123.1 feet) of 36.1 g/t (1.052 oz/t) gold, see release
Cow Mountain
19.9 meters of 83 g/t (2.43 oz/t) gold including 1.9 meters (6.23 feet) of 821 g/t (23.94 oz/t) gold - the highest gold grade recorded to that date in the area by the company See release
3.4 meters of 459 g/t (14.76 oz/t) gold between 1,007 feet and 1,018 feet Including 0.8 meters of 1,942 g/t (56.66 oz/t)(re-split 2,156 g/t) See release
BC Vein
4.6 meters of 28.7 g/t (0.922 oz/t) gold between 106.7 and 111.2 meters (BCV11-01) including 1.5 meters of 81.5 g/t (2.62 oz/t) gold between 109.7 and 111.2 meters
14.1 meters of 6.00 g/t (0.19 oz/t) gold between 101.2 and 115.3 meters (BCV11-06) including 0.6 meters of 53.5 g/t (1.72 oz/t) gold between 107.0 and 107.6 meters
Thank you
Fraser Fleming
