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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

Comment by hammer161on May 03, 2018 10:35am
198 Views
Post# 27976062

RE:RE:RE:RE:RE:Is this a good 43-101

RE:RE:RE:RE:RE:Is this a good 43-101
So far Bever73 you are the only one to address the grade issue of this resource. Average resoure grades at barely twice cutoff suggest a lot of 3 to 6 g/t material. It would be interesting to see the resource reported at increasing cut-offs to see how many ounces would be in the resource at an average grade of 10 g/t . The economic viability of a lot of the ounces would seem tenuous as it stands, particularly at the Shaft zone given the depth and the increased cost of getting muck out of the ground from 400 to 600 metre depths. I some how doubt that the 1.6 M & I is enough to go forward on a Pre-Feas or Feas for Osisko. High cost ounces to define due to the drilling needed - dont forgrt in additon to the 210,000 metres BGM has completed FC and Co. drilled a lot too.
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