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mrny1on Nov 17, 2010 8:42am
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Barkerville Receives Drill Permits
Barkerville Receives Drill PermitsBarkerville Receives Drill Permits for Exploration on Barkerville MountainN
CCNMatthews8:30 AM (GMT-05:00) Eastern Time (US & Canada) Nov 17, 2010EWS RELEASE TRANSMITTED BY MarketwireFOR: BARKERVILLE GOLD MINES LTD.TSX VENTURE SYMBOL: BGMFRANKFURT SYMBOL: IWUBNOVEMBER 17, 2010Barkerville Receives Drill Permits for Exploration on BarkervilleMountainVANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2010) - Barkerville GoldMines Ltd. (the "Company")(TSX VENTURE:BGM)(FRANKFURT:IWUB) announces thatit has received drilling permits for 900 drill holes totaling 193,500 metersof drilling from the Government of British Columbia for exploration onBarkerville Mountain located in central British Columbia. The permit takesin all of Barkerville Mountain, an area of approximately 2,700 hectaresencompassing the Company's Bonanza Ledge proposed open pit mine (currentlyin the BC Mines Act review process) and the new discovery area originallyannounced in September (see News Releases Sept 20, 2010 and Oct 4th 2010).Detailed drill plans for winter 2010/2011 drill programs at the newdiscovery zone as well as beneath and along strike of the Bonanza Ledgeproposed open pit will be announced as they are finalized.J. Frank Callaghan, President & CEO states: "With the Company's goldproduction now fully underway, we are pleased to be able to focus onaccelerating gold resource expansion and exploration. In the past, most ofour resources were spent on the delineation and permitting of our twooriginal gold deposits. This large exploration permit allows us to nowaggressively explore the Bonanza Ledge area to depths largely unexplored andalong a 2 km strike corridor. An exciting addition is the new discovery area100 meters away from the proposed open pit having bedrock trenching samplesreturning up to 618 g/t gold and will be a significant part of this winter'sdrill program".