VANCOUVER — Junior explorer and past-producer Barkerville Gold Mines (TSXV: BGM) has three drills lined up at the Cow Mountain gold deposit, outside the historic placer gold mining town of Barkerville in south-central BC, in preparation for a resource update expected mid-year.
The company’s vice-president of exploration Paul Geddes said during a presentation at a Canadian Institute of Mining, Metallurgy and Petroleum meeting in Vancouver in March that the 60,000-metre drill campaign will show “what we think is in the pit – is in fact in the pit.”
He said the goal of the “drill-to-kill program” is to “take any inferred ounces and try to get rid of them with infill drilling … as preparation work for a feasibility study, because Cow is the first prize of many that we’re after.”
Cow Mountain’s reputation was undermined in 2012 when Barkerville – under different leadership – announced that the deposit’s resource had swelled to an eyebrow-raising 10.6 million oz of gold, while the prospective trend in the district could host up to 90 million oz of gold.
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