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barkerville gold mines ltd (BGM) Snapshot

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02/27/14 - C$0.73
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barkerville gold mines ltd (BGM) Details

Barkerville Gold Mines Ltd. engages in the acquisition, exploration, development, and production of gold mineral properties in British Columbia, Canada. The company controls 117,691 hectares of mineral tenure, including 3 historic groups of contiguous crown-granted mineral claims, such as Cariboo Group, Island Mountain Group, and Mosquito Creek Group, as well as a block of primarily contiguous mineral tenures roughly centered on the Town of Wells located to the east of Quesnel, British Columbia. It also operates the QR mine and mill that is located to the southeast of Quesnel in the Cariboo Mining District. The company was formerly known as International Wayside Gold Mines Ltd. and changed its name to Barkerville Gold Mines Ltd. in January 2010. Barkerville Gold Mines Ltd. was incorporated in 1970 and is headquartered in Vancouver, Canada.

Founded in 1970

barkerville gold mines ltd (BGM) Top Compensated Officers

Chief Financial Officer and Director
Total Annual Compensation: C$100.8K
Compensation as of Fiscal Year 2013.

barkerville gold mines ltd (BGM) Key Developments

Barkerville Gold Mines Ltd. Announces Management Changes

Barkerville Gold Mines Ltd. announced that Greg Gibson has been appointed as the Chairman of the Board of Directors of the company and that Thomas J. Obradovich has been appointed president and Chief Effective Officer of the company. Tom Obradovich has more than 30 years experience in mining exploration, development and financing. He is President and Chief Executive Officer of Canadian Continental Exploration Corp. Mr. Obradovich was also the co-founder of Canadian Royalties Inc. Mr. Obradovich was appointed to the board of Dalradian Resources Inc. and he was appointed Chairman in 2012. Greg Gibson, who was appointed to the Board on December 16, 2014, has more than 30 years of mining industry experience in Canada, the USA and Australia. Mr. Gibson is most recently CEO of San Gold Corporation and President and CEO of Kerr Mines Inc., a director of Mag Copper Ltd. and a director of SGX Resources. He previously held the position of President and CEO of Northern Gold.

Barkerville Gold Mines Ltd. Appoints Greg Gibson and Anthony Makuch to the Board

Barkerville Gold Mines Ltd. announced that Greg Gibson and Anthony Makuch have each been appointed to the board of directors of the Company effective as of December 16, 2014. Greg Gibson was President and CEO of Trelawney Mining and Exploration. Since 2008 Anthony is President and CEO of Lake Shore Gold.

Barkerville Gold Mines Ltd. Announces Results from Complete Whole Hole Fire Assays of Twenty One Diamond Drill Holes Conducted on Island Mountain Between 2000 and 2002

Barkerville Gold Mines Ltd. announced results from complete whole hole fire assays of twenty one diamond drill holes conducted on Island Mountain between 2000 and 2002. Infill core sampling of diamond drill holes conducted on Island Mountain between 2000 and 2002 was completed this past spring. The infill core samples were collected for 50 gram lead collection/gravimetric fire assaying of gold. Fire assay results of the twenty one diamond drill holes conducted between 2000 and 2002 have been received and significant intercepts. Highlights include: IGM02-02, 0.3 meters (1.0 feet) of 19.73 g/T (0.575 oz/t) gold between 17.7 and 18.0 meters (58.2 and 59.2 feet); 0.3 meters (1.0 feet) of 69.04 g/T (2.014 oz/t) gold between 36.3 and 36.6 meters (119.0 and 120.0 feet); IGM02-04: 1.8 meters (6.0 feet) of 6.96 g/T (0.203 oz/t) gold between 30.9 and 32.7 meters (101.3 and 107.3 feet); IGM01-01: 6.1 meters (20.0 feet) of 3.881 g/T (0.113 oz/t) gold between 6.1 and 12.2 meters (20.0 and 40.0 feet); IGM2K-01: 0.7 meters (2.3 feet) of 6.01 g/T (0.175 oz/t) gold between 45.0 and 45.7 meters (147.6 and 147.9 feet), and 1.5 meters (5.0 feet) of 3.97 g/T (0.116 oz/t) gold between 53.3 and 54.9 meters (175.0 and 180.0 feet); IGM2K-03: 0.6 meters (2.0 feet) of 11.85 g/T (0.346 oz/t) gold between 41.5 and 42.1 meters (136.0 and 138.0 feet); IGM2K-05: 0.4 meters (1.4 feet) of 8.47 g/T (0.247 oz/t) gold between 104.4 and 104.8 meters (342.4 and 343.8 feet); IGM2K-07: 0.6 meters (2.0 feet) of 14.87 g/T (0.434 oz/t) gold between 70.5 and 71.1 meters (231.2 and 233.2 feet). Drill core processing included descriptive logging and sampling for geochemical analyses. The NQ-size drill core was cut/split in two halves using saws at the Company's Lowhee Creek Compound in Wells-Barkerville, central B.C. One-half of the core is put in a sample bag. After all the samples are placed in the rice bags at the mine site, they are transported by company’s personnel to a shipping company in Quesnel for trans-shipment to ACME Analytical Laboratories Ltd. in Vancouver, which is under the Bureau Veritas Group Company, for analysis. Sample preparation and geochemical assaying is done at ACME, following their own internal standards for quality control and verification. The gold assaying method uses a 1,000 gram metallic screen gold assay and 50 gram lead collection fire assay.


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