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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

Bullboard Posts
Post by hammer161on May 18, 2015 11:04pm
181 Views
Post# 23739594

Scary stuff!!!

Scary stuff!!!
You should all go and look at Figure 14.16 in the updated CM resource report. The light blue line shown is presumably the wireframe that is mentioned in the resource section. The only problem here is that there is absolutely no mention of how the wireframe was constructed. Geology? Grades? There appears to be no drill holes to inform some areas. There is also no mention of what parameters were used to determine if a block is indicated or inferred. What were the distances? The width of the red blocks that extend to depth is 250 feet using the stated 25 foot block size. Pretty ambitious zone width considering the following statement from the report and that this is a cross section: "Historically the local mines developed quartz vein and pyrite replacement types of mineralization (Table 7.2). Both types of mineralization required narrow vein mining methods to minimize dilution and many vein structures and pyrite zones within the deposit could not be mined as they were too narrow". There are also a lot if what I see as glaring omissions in Snowden's reporting. No mention of down hole surveys, units of measurement are missing on QAQC diagrams, the maker of the commercial QAQC blanks and standards is not noted (commercial blanks usually are pulp blanks and do not set for contamination in sample prep). They don't even give the northing , westing or what ever the name of the example section is. Several of the recommendations for CM point to the fact that BGM is still not carrying out is procedures, including QAQC, properly. Still wondering why no major has swooped in?
Bullboard Posts