Barkerville Gold Mines Ltd. reported the first assay results of a 42 hole diamond drilling program being conducted on the new discovery zone on Barkerville Mountain 93 meters away from the Company’s Bonanza Ledge deposit in British Columbia, Canada.
Barkerville Gold Mines announced that an application to commence production from the Bonanza Ledge property, near Wells, British Columbia, Canada, has been accepted for review under the British Columbia Mines Act. The 60-day review of the application ends January 29, 2011. On approval, the company is prepared to begin developing a 70,000-tonne/year open pit operation and gold production from the property on Barkerville Mountain.
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