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Barkerville Gold Mines Ltd. (BGM:CA)
Towards a New Era of Gold Production in the Historic Barkerville Camp
Barkerville Gold Mines Ltd. ("the Company") is a public company traded on the TSX Venture Exchange (BGM). The Company is focused on the historic Cariboo Goldfields, terminus of the famous Cariboo Gold Rush.
The Company commenced operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.
Barkerville Gold Mines has recently consolidated the Cariboo Goldfields by acquiring the contiguous projects of Lions Gate Energy Inc. and Golden Cariboo Resources Ltd. The Cariboo Gold Project now encompasses (from northwest to south east), the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine.
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