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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 Mar 24, 2019 12:26pm
116 Views
Post# 29528624

RE:My Opinion

RE:My Opinion
Try to find a graphic or diagram that shows the old workings. You will note that the old stopes were quite small. Goes to narrow high grade shoots or pockets. Lots of working faces will be needed to suply a 1000 or 1500 tonnes per day operation and those tonnes will require a lot of developement $ to get out of the ground. The "vein corridor" model is perhaps valid in that there will be a swarm of veins within a structural zone - but that does not mean that high grade hits in one of the veins in the corridor necessarily conect to another. Would be nice to hear about the economics of last years mining on the BC vein. Would go a long way to indicating how economic any mining will be at BGM.
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