Barkerville Gold Mns Ltd BGMZF

Metals & Mining Industrial Metals & Minerals

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.

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Barkerville Gold Mns Ltd

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Comment by yaponskion Mar 12, 2014 12:40pm

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Post# 22314027

RE:RE:RE:RE:Feb 12 P/R Comparison

GoldExecute wrote: Waiting & Yaponski, I don’t have the information and in part probably don’t think it would be a good idea to say what the resource will do. I will state factors that I think will come into play with the new Resource.

So far only 2011 drill holes have been provided. Looking at the past P/R of 2011 I think they still have more to do from 2011. Someone should check.

I think it will be quite some time before all the assaying is done. That is a bunch of samples to prep, assay etc. I don’t think the assaying will be done before June. Someone should call and ask BGM what percent of the assay has been published of the totals? That would give you an idea.

If you don’t have the assay data, you can’t do a new resource. On top of that, incorporating all this data will take time. I am sure who ever does the next resource is starting to include data, but…

When you assay these drill holes you always have statistical fails…. You need to have the lab re-run segments. This is a function of the QA/QC.

If you look at the data provided, you will notice that DH 1-10 that were reported have a rather huge decrease in gold going from FA (700 gram meters) down to MS of 265 gram meters).

It needs to be kept in perspective that I am only providing a total of the gold intercepted and that this data is totally dependent on the 3D location of the intercept.

I find it very interesting to look at each hole and the number of intercepts between the FA and the MS.

Given that MS is the Cadillac of assay, I don’t know how they will be able to disregard what it is saying.

As far as changing the inferred to indicated, I am sure some of this assaying will help, but I think the biggest issue will in the end be drill hole density.

I have stated before also that they need to have a geologic model, and more important they need to model in all the historic workings so that they know they are not including gold that has been mined out near an existing drill hole.