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 hammer161on Apr 03, 2015 8:17pm

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Post# 23596064

RE:RE:RE:RE:RE:The bigger the Base..the greater the Case for North bound

Quasi-green field? This is brown fields as far as CM and IM are concerned and IMO a reason why there has not been a huge amount of interest from larger companies. While I agree the resource has more credibility now, GoldExecute's observations about how the resource was calculated using MIK is a concern. Reading the reports there are several different kinds of veins on the property with significantly different grade ranges (No it is not one big vein 20 to 40 feet wide extending for 5 miles as has been reported here). If not constrained using hard boundary domains properly a lot of smearing could happen. The PR does not give enough details on this but MIK often does not use hard boundary domains. The project really needs a PEA before anything can really be known.

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