Barkerville Gold Mines Reports Significant Intercepts from 14 Twinned Diamond Drill Holes on Cow Mountain - Video News Alert Posted on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2013) - Barkerville Gold Mines (TSXV: BGM) (Frankfurt: 1WUB) reported significant intercepts from 14 twinned diamond drill holes completed on Cow Mountain in 2012. The twin drill holes were requested by Snowden Mining Industry Consultants as part of their review of the 43-101 Technical Report on Cow Mountain.
InvestmentPitch.com has produced a "video news alert" based on this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Barkerville" in the search box.
If you cannot view the video above, please visit:
The holes, which totalled 2,759 metres or 9,053 feet, were drilled between September 22 and October 14, 2012.
Some of the highlights are as follows:
Hole CM12-01C reported 12.4 metres of 11.1 grams per tonne gold, starting at a depth of 8.4 metres, and included 6.2 metres of 15.98 grams per tonne gold.
Hole CM12-01B reported 7.5 metres of 3.915 grams per tonne gold starting at a depth of 13 metres, and included 2.9 metres of 6,382 grams per tonne gold.
Please refer to the company's news release issued November 4, 2013 (http://www.barkervillegold.com/s/News_Releases.asp?ReportID=609936) for complete details of the 14 holes drilled.
Barkerville recently closed a $15 million gold loan facility provided by 2176423 Ontario Limited, a company wholly-owned by Eric Sprott.
Since the mid-1990s, Barkerville has focused on the exploration and development of gold projects in the Cariboo Mining District in Central British Columbia.The company's mineral tenures cover 1,164 square kilometres along a strike length of 60 kilometres and approximate width of 20 kilometres. They include the Cariboo Gold Project, the Bonanza Ledge Gold Project, the Barkerville Mountain and Island Mountain exploration targets and seven past producing hard rock mines. The QR Property was acquired in February 2010 and includes a 900 tonne per day gold milling facility and permitted gold mine located approximately 110 kilometres from the Barkerville Gold Camp. The company began pouring doré gold in September 2010, continued until December 2011, and resumed in January 2013. In November 2010, the company acquired a second permitted mill currently on care and maintenance in Revelstoke. BC.
The company has completed significant drilling and exploration programs and, together with the historical data, is compiling all information to determine the geologic models and updated technical reports to continue with exploration and development of these projects.
Barkerville currently trades at $0.77 and with 106 million shares reportedly outstanding, is capitalized in excess of $81 million. For a more information, please visit Barkerville's website at www.barkervillegold.com phone 604-669-6463 or email email@example.com.
InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing corporate interviews and three minute videos based on news releases and research reports. Please visit InvestmentPitch.com and browse our extensive library of investment videos.
Barry Morgan, CFO