Barkerville on track for resource estimate in 2018

With ten rigs active for most of last year and 157,000 metres of drilling, Barkerville Gold Mines (TSXV: BGM) says the program at its […]
With ten rigs active for most of last year and 157,000 metres of drilling, Barkerville Gold Mines (TSXV: BGM) says the program at its gold project in British Columbia was among the biggest drill campaigns in the junior mining space. The 2017 drilling at the property in the historic Cariboo mining district in south-central B.C., built on the company’s 56,700-metre drill campaign in 2016, and will form the basis of a new 43-101 resource estimate that will be finished before the end of the year. The new resource will be based on a 6-km portion of the project’s 67-km-strike length and consist of Island Mountain (including the Shaft zone and the Valley zone), Cow Mountain and Mosquito Creek. It will also include the Bonanza Ledge deposit and the BC vein, a structurally controlled gold vein that sub-vertically crosscuts the replacement ore at Bonanza Ledge. Continue reading at The Northern Miner.

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