GOLD STUDY: Barkerville backtracks on Cow Mountain numbers

BRITISH COLUMBIA – Barkerville Gold Mines of Vancouver has been forced to backtrack on the 10.6 million number it revealed last week for contained gold ounces in its Cow Mountain deposit in the wells-Barkerville district. The British Columbia Securities Commission has questioned the methodology used to arrive at that estimate.

The company said that the technical report containing the numbers that were circulated was a draft, not the final document.

Barkerville has cautioned investors not to rely on either the indicated resource estimate or the “geological potential” disclosed in last week’s news release until the disclosure review by the BCSC is resolved. (BarkervilleGold.com)