BCSC dicking us around.... Barkerville Gold Mines Ltd. Provides Technical Update on Cariboo Gold Project<BGM.V>
CCNMatthews
8:06 PM Eastern Daylight Time May 10, 2013
Marketwired
Barkerville Gold Mines Ltd.
May 10, 2013 - 08:06:25 PM
Barkerville Gold Mines Ltd. Provides Technical Update on Cariboo Gold Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 10, 2013) - Barkerville Gold
Mines Ltd. ("Barkerville" or the "Company") (TSX VENTURE:BGM)(FRANKFURT:IWUB)
wishes to provide a report on the status of its proposed technical disclosure
review response to the cease trade order (the "CTO") issued by the British
Columbia Securities Commission (the "BCSC") as disclosed in the Company's
press release dated August 15, 2012.
Technical Review
On May 2, 2013, Barkerville submitted a comprehensive response letter and an
updated technical report on its Cariboo Gold Project (the "Updated Technical
Report") to the BCSC for its review in connection with the CTO. The Updated
Technical Report Draft, co-authored by Peter T. George, P. Geo., of Geoex
Limited ("Geoex"), Ivor W.O. Jones, FAusIMM(CP), of Snowden Mining Industry
Consultants Inc. ("Snowden"), and Michael B. Dufresne, M.Sc., P. Geol, of Apex
Geosciences Ltd. ("Apex"), was intended to replace the technical report filed
by the Company in August 2012, and to address the disclosure issues raised by
the BCSC. Snowden and Apex are independent mining and geological consulting
firms that have not previously reported on the Cariboo Gold Project.
On May 9, 2013, the BCSC issued a further comment letter to the Company on the
Updated Technical Report. The Company, Snowden, Geoex and Apex are currently
working to address the BCSC's comments.