Barkerville Gold Mines Ltd's Profile

The Company sampled three trenches, which totaled 55 meters long, to provide metallurgical and ore zone data for oxidized mineralization at bedrock. The trenches ranged from 5.5 to 11.3 metres wide at the toe and were from 4.6 to 6.1 metres deep.

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Barkerville Gold Mines Ltd. ("the Company") is a public company traded on the TSX Venture Exchange (BGM) . The Company is focused on the historic Cariboo Goldfields, terminus of the famous Cariboo Gold Rush.

The Company commenced operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

Barkerville Gold Mines Ltd. has recently consolidated the Cariboo Goldfields by acquiring the contiguous projects of Lions Gate Energy Inc. and Golden Cariboo Resources Ltd. The Cariboo Gold Project now encompasses (from northwest to south east), the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine.

On February 4th, 2009, Barkerville Gold announced it had entered into a non-binding agreement in principle with Cross Lake Minerals to acquire a subsidiary of Cross Lake, holding all of Cross Lake's interest in the QR Mine and Mill.

The 900-tonne-per-day QR mill, which was fully operational until February, 2009 (now on care and maintenance), is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is located 110 kilometres by road from Wayside's Cariboo gold project and proposed Bonanza Ledge mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR mill with capital costs estimated at over $40-million.

Cross Lake commenced operations at the QR Mine in 2007, after spending over $34-million in the preceding 24 months on project acquisition ($4.3-million), exploration and development ($20-million) and refurbishing the mill facilities ($10.3-million). Cross Lake expended an additional $3-million on asset retirement obligations, including having BC Hydro bring three-phase power to the project. It is Barkerville Gold's objective to process material from its proposed Bonanza Ledge mine (subject to receipt of all necessary permits) at the QR mill, in addition to recommencing operations at the QR mine.

The Company is currently working to delineate multi-million ounce gold resources across the trend, further consolidate mineral tenure, and begin production at the proposed Bonanza Ledge open pit mine and recommence production at the QR Mine. To date, the Company has completed more than 50,000m of drilling and while the Company continues to augment and refine the geological model, large areas have never been explored.

Last changed at 18-Nov-2015 05:18PM by mike97

Management & Directors

J. Frank Callaghan

President & CEO, Director

Mr. Callaghan has served as President since 1991 and serves as Director for numerous other public and private companies. Mr. Callaghan had several successful business ventures prior to his involvement in the mining industry.
Craig D. Thomas

Director

Mr. Craig D. Thomas was born in Vancouver, British Columbia on April 28, 1952. He obtained his undergraduate degree in 1975 from Harvard College, Cambridge, Massachusetts and in 1978 his LL.B. from the University of Alberta Law School in Edmonton, Alberta. He was called to the British Columbia Bar in 1979. Mr. Thomas' practice primarily relates to corporate and securities law matters including the structuring and implementation of corporate financing transactions, public and private securities offerings, mergers and acquisitions, registration, reporting and compliance matters, proxy solicitations and general corporate matters. He represents certain investment banking firms, provides advice to various public corporations and is a director of a number of public companies trading on North American exchanges.
Andrew Rees

VP - Corporate Development, Director

Mr. Rees, B.Comm, has more than 11 years experience in corporate management and development. Mr. Rees also serves as President of WellStar Energy Corp. and serves as Director for several other resource companies.
Neil Mallen

MScPl, VP - Project Development

Mr. Mallen has a MSc degree in Planning from the University of Toronto and more than 10 years of experience as a consultant and manager for natural resource companies.
Minaz Dhanani

CFO & Corporate Secretary

Mr. Dhanani brings with him over 20 years of accounting and financial experience obtained both locally and internationally, including another position at Chief Financial Officer with Kent Exploration Inc., a mineral exploration company listed on the TSX Venture Exchange. Mr. Dhanani also has several years of senior administrative experience including a position as Managing Director of "The Workstation Ltd.", a business support services firm located in Tanzania. Prior to his appointment, Mr. Dhanani acted in the capacity of Controller for "The Resource Group" of companies since December 2007.
Jian-Zhao (Jim) Yin

Senior Geologist

Mr. Yin has a PhD in Geology from the China University of Geosciences in Beijing and has more than 17 years of experience as a geologist with Chinese, Canadian, American and Australian mining companies.
Tom Hatton

Mine Superintendent

Mr. Hatton has over 30 years experience in field management and consulting in the mining industry.

Broker Fact Sheet

BGM Broker Fact Sheet

Thu Mar 29, 2019

Fact sheet details

Company Links

Geology/Geophysics

Fri Nov 13 2009, 09:19AM

The following figures outline the geology and geophysical characteristics that have been determined for the heart of the Barkerville Camp.
Cariboo Gold - Internet Map Server

Fri Nov 13 2009, 09:12AM

The Company has developed a web-based map server. The site includes more than 100 layers including the location of diamond drill holes, geophysical mapping, and mineral claim boundaries.
Corporate Presentation -May 2009

Fri Nov 13 2009, 09:10AM

Tue May 26, 2009 Corporate Presentation Publisher: Int'l Wayside Gold Mines Ltd.
WYG - Market Watch page

Fri Nov 13 2009, 09:11AM
Computer Share Canada

Fri Nov 13 2009, 09:09AM