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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

Post by Flintstone60on Aug 31, 2017 10:19am
451 Views
Post# 26641638

Production start?

Production start?
Some guys of https://investor-magazin.de visited Barkerville Gold Mines recently.
This week maybe, BGM will pour the first gold bar from Bonanza Ledge. Soon, 
BGM will publish NR about production start. Current MP is 30000 ounces/year with 150000 t ore.
There are rumours to increase MP to 50000 ounces/year. BGM is calculating with 6,5g/t gold and seeks to increase this. 
The ongoing intensive exploration programm with 10 rigs costs $ 5 mio/month, till year end BGM will invest $28 mio in exploration.
BGM  is constantly discovering new mineralization zones.
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