Barkerville Gold Mines Announces Filing of the Preliminary Economic Assessment Technical Report for the Cariboo Gold Project

Press Release

TORONTO, Sept. 17, 2019  – Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce the filing of an independent preliminary economic assessment technical report on its Cariboo Gold Project, which has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The technical report, entitled “Preliminary Economic Assessment of the Cariboo Gold Project, District of Wells, British Columbia, Canada” and dated September 17, 2019 (effective date of August 18, 2019), has been prepared for Barkerville by, Allnorth Consultants Ltd., BBA inc., InnovExplo Inc, Golder Associates Ltd., Mining Plus Canada Consulting Ltd., SRK Consulting (Canada) Inc., and WSP Canada Inc. The Cariboo Gold Project PEA is available on SEDAR (www.sedar.com) under Barkerville’s issuer profile. The key results of the PEA were announced on Aug 19, 2019.

About the Cariboo Gold Project

The Company is focused on developing its extensive mineral rights package located in the historical Cariboo Mining District of central British Columbia. BGM’s Cariboo Gold Project mineral tenures cover 1,950 square kilometers; along a strike length of 67 kilometers which includes several past producing placer and hard rock mines, making it one of the most well-endowed land packages in British Columbia. Since the management change in mid-2015, the Company has unlocked the fundamental structural controls of gold mineralization. The Company’s Brownfield’s exploration team is focused on upgrading and expanding the May 2018 43-101 resource within the 8 kilometers of principle project area located near the town of Wells, British Columbia. The Company’s Greenfield’s team is developing quality exploration assets throughout the remaining land package through systematic, scientific, exploration. The operation’s team is focused on completing required studies to permit underground mining on Cow and Island Mountains.

For further information: Chris Lodder, President & Chief Executive Officer, 155 University Avenue, Suite 1440, Toronto, Ontario, Canada, clodder@barkervillegold.com

Related Links
http://www.barkervillegold.com/

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