

Barkerville Gold Mines Ltd.: Exploration Drilling at QR in Progress-Bonanza Ledge Zone Drilling Announced-Mining & Production S
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 7, 2010) - Barkerville Gold Mines Ltd. ("Barkerville", the "Company") (TSX VENTURE:BGM)(FRANKFURT:IWUB) reports that two diamond drill programs are in progress. The company has initiated an exploration drill program at the QR Mine and an underground development program in the West Zone. In addition, the Company has received exploration drill permits for the Bonanza Ledge Zone on Barkerville Mountain in central British Columbia.
Barkerville Mountain
Permits for the next phase of exploration drilling in 2010 on Barkerville Mountain have been received. A 37 hole diamond drill programmed is planned. This includes a 27 hole diamond drill exploration plan designed by Dr. Jim Yin, Chief Geologist, targeting extensions to the Bonanza Ledge deposit at depth and along trend. Ten additional drill holes have been permitted in order for Mintec Engineering of Tucson, Arizona to conduct geotechnical/metallurgical analysis of core drilled within specific zones of Bonanza Ledge. Combined, this program totals 6,797 meters of drilling and 265 meters of trenching in the Bonanza Ledge area. Further drill plans for resource expansion and exploration are in planning stages and will be announced as these are finalized and permitted.
QR Project Update
On February 2, 2010, the Company reported that it closed the acquisition of the QR Mine, Mill and its associated assets. Through its contractor, Procon Mining and Tunnelling, work performed since early February at the QR mine has included: dewatering, development diamond drilling and mining from development headings in the West Zone; initiating of dewatering and preliminary mine planning for the North Lobe pit; mill refurbishing and re-commissioning activities and exploratory diamond drilling.
An underground drill is currently working on definition drilling ahead of further mining and development in the current mining area (West Zone). The second drill rig has started an exploration drill program from the surface approximately 1.3 km to the east of the West Zone. Based in part on positive historic drill data and geophysics, the campaign is designed to explore prospective new gold zones and potential high-grade feeder zones in proximity to current resources. Altered basalt has been encountered and assay results are pending from Eco Tech for the exploration samples. In order to provide for sustained mining from the West Zone, surface and underground diamond drilling and development of additional stopes is ongoing as well as extending the 956 level to the west. Diamond drilling to define stope geometries is being facilitated though utilization of the company's on site assay lab, affording a quick turnaround in gold assays. A check assay program on the QR assay lab has been initiated and is being performed by Eco Tech Laboratory of Kamloops, BC on samples from the West Zone. Results of this preliminary check work are presented in the table below. This data is provided for completeness of informational only and investors should not rely upon results from the non-refereed QR lab.
Hole # | Interval | Au, g/t | |||
From | To | Length, m | QR Lab | Eco Tech | |
QRW10-01 | 33.0 | 36.0 | 3.0 | 2.57 | 5.71 |
QRW10-06 | 43.00 | 52.15 | 9.15 | 5.19 | 5.19 |
All widths presented above are drilled widths and do not necessarily represent true width.
Both laboratories use fire assay analysis for gold with a 30 g sample charge while Eco Tech uses an AA finish and the QR laboratory uses a gravimetric finish.
Ore and waste from development headings are being placed on their respective stockpiles in preparation for mill startup. Additional work on the apron feeders, mill seals, and equipment controllers were warranted prior to continuous operation. While the mill is designed for a maximum capacity of 900 tpd, a lower rate is expected during the initial startup period and until the underground operations are fully developed. Custom milling of Bonanza Ledge ore and other ores from nearby operations is expected to increase production rates.
As stope mining is initiated in the West Zone, the underground drill will continue working to define other blocks for stope development. This work may be assisted by the surface exploration drilling where needed.
New Appointments - Mining Operations
The Company is pleased to announce the addition of key personnel to the production and operations division of Barkerville Gold Mines.
Mr. Kevin L. McMurren joins Barkerville as Mine Manager. Mr. McMurren will be on site, overseeing all of the mining operations at the QR Mine and Mill. Mr. McMurren has over 30 years of mining operations experience most recently as Mine Manager from 2005 through 2009 for New Gold Incorporated at the New Afton Project, an 11,000-tpd, block cave, copper-gold project near Kamloops, BC. In prior years, Mr. McMurren has held senior technical and supervisory positions with an emphasis on the startup of mining operations Projects have included: the LAC Minerals – Billiton Tin Project in New Brunswick, the Canmine Resources' Werner Lake Cobalt Project in Ontario, the Maskwa Nickel Project in Manitoba, and the Tantalum Mining Corporation's Lac du Bonnet Project also in Manitoba.
Mr. Arnie Pollmer, P.Geo joins Barkerville as Mine Geologist. Mr. Pollmer will be supervising the development, drilling and exploration operations at the QR Mine site. Mr. Pollmer has over 37 years experience as a geologist holding past positions as underground and open pit mine geologist to Chief Geologist. His areas of specialization as mine and exploration geologist are in porphyry copper-moly, skarn-hosted and epithermal gold deposits.
Dr. Art Ettlinger, Ph.D., P.Geo. joins Barkerville as a consulting Mine Geologist. Dr. Ettlinger has thirty years of mineral exploration experience with gold, tungsten, platinum, diamond, and uranium projects throughout Canada, the United States, Russia and Central Asia. As a post-doctoral fellow in the Mineral Deposit Research Unit at the University of British Columbia, he studied gold mineralization in the Eskay Creek deposit in the Iskut River area of northwestern British Columbia. As a mining analyst for two Canadian brokerage firms, Dr. Ettlinger performed due diligence site visits on over 100 mineral projects throughout the world. Dr. Ettlinger was formerly President and CEO of Dunsmuir Ventures Ltd., a diamond exploration company exploring in the Canadian Arctic, Chief Geologist at Energy Metals Corporation, and most recently President of True North Mining, a wholly-owned subsidiary of Golden Predator Mines Inc.. Dr. Ettlinger has a B.S. in geological engineering, and a M.S. in mining engineering from Michigan Technological University and a Ph.D. in geology from Washington State University.
About Barkerville Gold Mines Ltd.
The Company has been developing its Cariboo Gold Project in Barkerville, B.C., which encompasses (from northwest to southeast) 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. 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 111,000 hectares (275,000 acres) 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. The Company does not have any of its future gold production hedged.
The technical information in this News Release on Barkerville Mountain has been reviewed and approved by Chief Geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National Instrument 43-101. The technical information in this News Release on the underground and surface portions of the QR project, respectively has been reviewed and approved by Arnie Pollmer, P.Geo., and Art Ettlinger, Ph.D., P.Geo., both are qualified persons as defined by National Instrument 43-101.
On Behalf of the Board of Directors
J. Frank Callaghan, President
This news release contains forward-looking statements regarding the timing and content of upcoming programs. Actual results may differ materially from those currently anticipated in such statements.
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.