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Barkerville Gold Mns Ltd BGMZF

Barkerville Gold Mines Ltd is a Canada based company operates in the business of Gold. It is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The mineral tenures cover approximately 2,000 square kilometres. The company primarily holds interests in Cariboo Gold Belt District, Island Mountain, Cow Mountain and Barkerville Mountain.


OTCQX:BGMZF - Post by User

Bullboard Posts
Post by Brito1on Feb 03, 2011 6:03pm
467 Views
Post# 18072250

Company Plans

Company PlansThe company's plans are to produce 50,000 ozs in it's first full year of production which would be a combination of QR and Bonanza Ledge production. The second year would also be the same combination with an projected increase towards capacity at QR (70,000).  The company plans to have the second mill up and running for the third year to process Cariboo Gold Quartz ore. Production for Bonanza Ledge will also be moved to the new mill, leaving the QR Mill to continue processing QR ore (North Zone next). With both mills running, production is planned to be over 100,000 ozs.
Bullboard Posts