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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: james flannigan10/19/2009 2:16:46 PM
   of 78417
 
This is a good when your rivals touts your drill results...Barker Gold not to be confused with the new name change of Wayside to Barkerville gold.

James

Barker files NI 43-101 report on Ace, Simlock project

2009-10-16 09:33 ET - News Release

Mr. Louis Doyle reports

BARKER FILES ACE AND SIMLOCK GOLD PROJECT 43-101 REPORT

Barker Minerals Ltd. has filed on SEDAR a National Instrument 43-101 technical report on its 100-per-cent-owned Ace and Simlock gold projects which was prepared by the company's qualified person, Rein Turna, BSc, PGeo. The report includes $5.5-million and $2.27-million of recommended phase 1 programs on the Ace and Simlock projects respectively. The Ace and Simlock properties are adjacent to one another and are located in the Cariboo mining district of British Columbia. The projects are approximately 100 kilometres northeast of Williams Lake, with excellent access and infrastructure nearby.

Barkerville terrane -- gold potential

The Ace and Simlock projects are situated in the Barkerville terrane which correlates with the Yukon Tanana terrane in the Yukon and Alaska. The Yukon Tanana terrane hosts a number of multimillion-ounce gold deposits in the Tintina gold belt district such as Pogo, Fort Knox-True North and Donlin Creek. The Yukon Tanana terrane also hosts the recent significant gold discovery by Underworld Resources Ltd. in the Yukon.

More locally, the Simlock and Ace gold projects are on strike, and prospective, for Bonanza Ledge style and related gold mineralization similar to the Wells/Barkerville gold camp located 35 kilometres to the northwest. As reported in Stockwatch Oct. 7, 2009, International Wayside Gold Mines Ltd. announced one of the best reported drill intercepts in the Barkerville gold camp's history, an impressive 84.4 metres (277 feet) of 16.5 grams per tonne (0.48 ounce per ton) gold.

Simlock gold project
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