OTCQX:BGMZF - Post by User
Post by
halcroon Sep 22, 2015 11:34am
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Post# 24125146
news
newsWhy no update since late April? Surely "at a future date?" should be clarified as, five months on, the future seems to stretch on endlessly?
Barkerville's QR mill processes 28,936 t in 2015
2015-04-23 17:49 ET - News Release
Mr. Greg Gibson reports
BARKERVILLE GOLD COMPLETES BONANZA LEDGE BULK SAMPLE
Barkerville Gold Mines Ltd. has provided key results from its recently completed phase 1 test pit at the Bonanza Ledge deposit.
Phase 1 test mining at the Bonanza Ledge open pit has been completed and continued to demonstrate improved grades with depth. Milling and refining took place at the company's QR mill near Quesnel, B.C. During 2015, the mill processed 28,936 tonnes with a head grade of 12.55 grams per tonne, giving recoveries of 95.6 per cent, resulting in 11,162 ounces poured. In 2014 the tonnage processed was 62,298 at a head grade of 6.85 g/t with recoveries of 91.6 per cent and 12,564 ounces poured. The totals for the Bonanza Ledge phase 1 test pit are: 91,234 tonnes processed at a head grade of 8.66 g/t, yielding 23,726 ounces and a total recovery of 93.4 per cent. As a result, BGM has reduced its debt by approximately $12-million to date in 2015. Further mill cleanup may result in additional ounces recovered and added at a future date.