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To: Goose94 who wrote (19598)	6/29/2016 8:41:14 AM
From: Goose94	Respond to of 203655

BGM-V early, may gap up @ open.

To: Goose94 who wrote (19598)	7/6/2016 10:46:10 AM
From: Goose94	Respond to of 203655

BGM-V new 52 week high, 76 cents

To: Goose94 who wrote (19598)

8/31/2016 8:16:15 AM

From: Goose94

Read Replies (1) | Respond to of 203655

Barkerville Gold Mines (BGM-V) Aug 31, '16 is pleased to announce results from the ongoing Phase I exploration and category conversion drilling program on Cow Mountain at the Company's flagship Cariboo Gold Project (CGP). The results of these drillholes are presented in Table 1. A drillhole location plan map and longitudinal section are attached hereto.

Drilling Highlights:

-BGM-16-419: 24.55 g/t (0.72 oz/t) Au over 3.30 metres including 47.00 g/t (1.37 oz/t) Au over 0.60 metres and 40.60 g/t (1.18 oz/t) Au over 1.30 metres

-BGM-16-420: 32.62 g/t (0.95 oz/t) Au over 2.95 metres including 61.20 g/t (1.79 oz/t) Au over 1.45 metres

-BGM-16-423: 12.30 g/t (0.36 oz/t) Au over 8.00 metres including 12.90 g/t (0.38 oz/t) Au over 1.50 metres and 69.90 g/t (2.04 oz/t) Au over 0.50 metres and 31.00 g/t (0.90 oz/t) Au over 0.90 metres

-BGM-16-446: 12.80 g/t (0.37 oz/t) Au over 2.50 metres including 16.50 g/t (0.48 oz/t) Au over 0.50 metres and 41.30 g/t (1.20 oz/t) Au over 0.50 metres

-BGM-16-447: 16.43 g/t (0.48 oz/t) Au over 2.40 metres including 23.00 g/t (0.67 oz/t) Au over 1.25 metres and 9.28 g/t (0.27 oz/t) Au over 1.15 metres

-BGM-16-451: 51.00 g/t (1.49 oz/t) Au over 1.75 metres including 172.50 g/t (5.03 oz/t) Au over 0.50 metres

-BGM-16-451: 10.02 g/t (0.29 oz/t) Au over 22.20 metres including 13.01 g/t (0.38 oz/t) Au over 11.50 metres including 27.60 g/t (0.81 oz/t) Au over 1.50 metres and 43.90 g/t (1.28 oz/t) Au over 1.00 metres

-BGM-16-456: 32.62 g/t (0.95 oz/t) Au over 4.50 metres including 46.04 g/t (1.34 oz/t) Au over 3.10 metres

-BGM-16-457: 14.77 g/t (0.43 oz/t) Au over 5.75 metres including 18.98 g/t (0.55 oz/t) Au over 2.00 metres including 19.00 g/t (0.55 oz/t) Au over 1.00 metres and 24.50 g/t (0.71 oz/t) Au over 1.75 metres

-BGM-16-458: 15.96 g/t (0.47 oz/t) Au over 3.00 metres including 27.20 g/t (0.79 oz/t) Au over 1.00 metres and 14.45 g/t (0.42 oz/t) Au over 1.00 metres

-BGM-16-459: 39.93 g/t (1.16 oz/t) Au over 3.50 metres including 10.05 g/t (0.29 oz/t) Au over 0.70 metres and 78.20 g/t (2.28 oz/t) Au over 1.30 metres and 20.70 g/t (0.60 oz/t) Au over 1.50 metres

-BGM-16-461: 52.59 g/t (1.53 oz/t) Au over 5.20 metres including 27.20 g/t (0.79 oz/t) Au over 0.80 metres and 232.00 g/t (6.77 oz/t) Au over 0.50 metres and 108.50 g/t (3.16 oz/t) Au over 0.90 metres

*Note: Reported core lengths represent 50-75% true widths.

Cow Mountain Phase I Drilling

As per the Company's directive to optimize a new, geologically constrained gold resource at Cow Mountain potentially amenable to either open pit and or underground mining methods, 242 drillholes totaling 32,290 metres have now been completed in the 2016 Phase I drilling program. Assay results for the final 40 drillholes are pending and will be made public once available. The purpose of the Cow Mountain 2016 campaign was to confirm and upgrade auriferous drill intersections by previous operators from 1938-1981 that were classified as inferred mineralization because of lessened data confidence and not simply a function of wider drillhole spacing. The 2016 Phase I program was explicitly targeting these areas by replacing the historical gold intersections with modern drilling that conforms to CIM best practices and QAQC procedures. Based upon the 2016 drilling results to date, there has been excellent correlation between the historic mineralized intervals and the new 2016 drilling.

Island Mountain Exploration Update

With the Cow Mountain drilling now completed, three drill rigs have been mobilized to Island Mountain and are currently performing a first pass, 20,000 metre Phase I drilling program. The vein style of gold mineralization that dominates on Cow Mountain also occurs on Island Mountain but was never the primary focus of exploration or past development because of the incidence of higher grade massive sulphide replacement style mineralized bodies. As such, the 2016 Phase I program is designed to determine the extents of these vein systems, as well as test the down plunge extensions of the replacement bodies in areas that have never been drilled.

Qualified Persons

Exploration activities at the Cariboo Gold Project are jointly administered on site by the Company's Project Managers, Maggie Layman, P.Geo. and Wanda Carter, P.Geo. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, P.Geo. Vice President Exploration, is the Qualified Person for the Company and has prepared, validated and approved the technical content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project.

Quality Assurance - Quality Control

Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at the Company's secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The Company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by
Paul Geddes, P.Geo, Vice President Exploration.

Drill core samples are submitted to ALS Geochemistry's analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 5ppb and upper limit of 10,000ppb. Samples with gold assays greater than 10,000ppb are re-analyzed using 50g fire assay with gravimetric finish, as well as 1,000g screen metallic fire assay. Samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

For further information on Barkerville Gold Mines Ltd. please contact:

Chris Lodder

President & Chief Executive Officer

Suite 400-365 Bay Street

Toronto, Ontario, Canada

clodder@barkervillegold.com

About Barkerville Gold Mines Ltd.

The Company is focused on developing its extensive land package located in the historical Cariboo Mining District of central British Columbia. Barkerville's mineral tenures cover 1,164 square kilometres along a strike length of 60 kilometres which includes several past producing hard rock mines of the historic Barkerville Gold Mining Camp near the town of Wells, British Columbia. The QR Project, located approximately 110 kilometres by highway and all weather road from Wells was acquired by Barkerville in 2010 and boasts a fully permitted 900 tonne/day gold milling and tailings facility. Test mining of the Bonanza Ledge open pit was completed in March of 2015 with 91,489 tonnes of ore milled producing 25,464 ounces of gold. The Company has completed a number of drilling and exploration programs over the past 20 years and is currently compiling this data with all historical information in order develop geologic models which will assist new management and provide the framework to continue to explore the Cariboo Gold Project. An extensive drill program is currently underway with the goal of delineating additional high grade gold mineralization.

Table 1: Length weighted gold composites for drillholes BGM-16-401 through BGM-16-462:

HOLE-ID	FROM (M)	TO (M)	CORE LENGTH (M)	AU (G/T)	AU (OZ/T)
BGM-16-401				NSA
BGM-16-402	31.30	32.30	1.00	41.60	1.21
BGM-16-402	47.50	55.50	8.00	5.61	0.16
INCL	51.00	55.50	4.50	8.97	0.26
INCL	51.00	52.00	1.00	19.55	0.57
AND	54.50	55.50	1.00	19.05	0.56
BGM-16-403	19.50	21.00	1.50	2.07	0.06
BGM-16-404	77.35	77.85	0.50	8.38	0.24
BGM-16-404	82.00	82.50	0.50	8.51	0.25
BGM-16-404	124.80	128.20	3.40	5.63	0.16
INCL	124.80	125.30	0.50	21.10	0.62
BGM-16-405	118.75	119.70	0.95	14.90	0.43
BGM-16-406	22.00	23.00	1.00	13.90	0.41
BGM-16-406	28.50	29.50	1.00	7.61	0.22
BGM-16-407	52.00	53.00	1.00	7.23	0.21
BGM-16-408	72.30	73.90	1.60	22.14	0.65
INCL	72.30	72.80	0.50	52.80	1.54
AND	73.30	73.90	0.60	14.90	0.43
BGM-16-409	37.55	38.20	0.65	137.00	4.00
BGM-16-409	65.75	66.30	0.55	27.50	0.80
BGM-16-410	21.50	23.00	1.50	3.24	0.09
BGM-16-411				PENDING
BGM-16-412	23.60	24.90	1.30	13.90	0.41
BGM-16-412	40.80	41.50	0.70	17.60	0.51
BGM-16-412	49.50	51.00	1.50	15.50	0.45
BGM-16-413	58.50	66.50	8.00	6.18	0.18
INCL	65.00	66.50	1.50	23.40	0.68
BGM-16-414				NSA
BGM-16-415				NSA
BGM-16-416				NSA
BGM-16-417				NSA
BGM-16-418	12.35	13.40	1.05	17.90	0.52
BGM-16-418	31.50	32.00	0.50	8.18	0.24
BGM-16-419	28.80	29.40	0.60	136.00	3.97
BGM-16-419	57.50	58.00	0.50	15.05	0.44
BGM-16-419	61.40	64.70	3.30	24.55	0.72
INCL	61.40	62.00	0.60	47.00	1.37
AND	63.40	64.70	1.30	40.60	1.18
BGM-16-420	28.50	31.45	2.95	32.62	0.95
INCL	30.00	31.45	1.45	61.20	1.79
BGM-16-420	45.30	46.50	1.20	30.90	0.90
BGM-16-420	62.00	62.50	0.50	8.24	0.24
BGM-16-421				NSA
BGM-16-422	18.00	19.50	1.50	20.50	0.60
BGM-16-422	25.00	26.70	1.70	34.65	1.01
INCL	25.00	25.90	0.90	19.05	0.56
AND	25.90	26.70	0.80	52.20	1.52
BGM-16-422	42.50	43.10	0.60	28.90	0.84
BGM-16-422	53.00	60.70	7.70	2.95	0.09
INCL	54.00	54.50	0.50	6.54	0.19
AND	57.80	58.50	0.70	7.91	0.23
AND	60.10	60.70	0.60	8.61	0.25
BGM-16-423	44.00	44.50	0.50	4.46	0.13
BGM-16-423	73.00	81.00	8.00	12.30	0.36
INCL	73.00	74.50	1.50	12.90	0.38
AND	75.80	76.30	0.50	69.90	2.04
AND	77.10	78.00	0.90	9.60	0.28
AND	78.60	79.50	0.90	31.00	0.90
BGM-16-424	50.00	50.50	0.50	9.66	0.28
BGM-16-424	72.65	73.30	0.65	9.47	0.28
BGM-16-424	80.50	81.30	0.80	7.58	0.22
BGM-16-425				NSA
BGM-16-426				NSA
BGM-16-427				NSA
BGM-16-428				NSA
BGM-16-429	36.50	38.00	1.50	33.00	0.96
BGM-16-429	59.30	59.90	0.60	29.20	0.85
BGM-16-429	103.40	104.00	0.60	8.50	0.25
BGM-16-429	110.00	110.75	0.75	19.60	0.57
BGM-16-430	72.50	74.00	1.50	3.02	0.09
BGM-16-431				NSA
BGM-16-432	71.50	72.50	1.00	28.10	0.82
BGM-16-433				NSA
BGM-16-434				NSA
BGM-16-435	70.00	71.50	1.50	5.27	0.15
BGM-16-436				NSA
BGM-16-437	15.70	16.40	0.70	19.70	0.57
BGM-16-437	38.00	38.50	0.50	5.57	0.16
BGM-16-438	31.50	32.30	0.80	23.60	0.69
BGM-16-438	154.10	154.90	0.80	9.45	0.28
BGM-16-438	164.50	165.00	0.50	38.60	1.13
BGM-16-439	83.00	84.50	1.50	19.40	0.57
BGM-16-440				NSA
BGM-16-441				NSA
BGM-16-442				NSA
BGM-16-443				NSA
BGM-16-444	10.00	11.00	1.00	4.39	0.13
BGM-16-444	17.90	18.40	0.50	4.34	0.13
BGM-16-444	58.00	59.50	1.50	8.33	0.24
BGM-16-444	157.50	158.00	0.50	8.44	0.25
BGM-16-444	176.90	178.00	1.10	110.50	3.22
BGM-16-445	12.50	13.20	0.70	12.80	0.37
BGM-16-445	40.35	41.50	1.15	17.90	0.52
BGM-16-445	50.20	50.70	0.50	20.70	0.60
BGM-16-445	69.20	69.80	0.60	15.90	0.46
BGM-16-445	115.40	115.90	0.50	7.50	0.22
BGM-16-446	7.50	9.00	1.50	30.53	0.89
INCL	7.50	8.00	0.50	43.60	1.27
AND	8.00	9.00	1.00	24.00	0.70
BGM-16-446	100.00	102.50	2.50	12.80	0.37
INCL	100.00	100.50	0.50	16.50	0.48
AND	102.00	102.50	0.50	41.30	1.20
BGM-16-446	134.00	135.50	1.50	9.260	0.27
BGM-16-447	65.50	67.90	2.40	16.43	0.48
INCL	65.50	66.75	1.25	23.00	0.67
AND	66.75	67.90	1.15	9.28	0.27
BGM-16-447	137.00	137.50	0.50	27.30	0.80
BGM-16-448	22.50	23.20	0.70	3.38	0.10
BGM-16-449				NSA
BGM-16-450	42.75	43.70	0.95	9.55	0.28
BGM-16-450	52.00	53.50	1.50	13.70	0.40
BGM-16-450	71.90	72.40	0.50	6.40	0.19
BGM-16-451	69.60	71.00	1.40	5.38	0.16
BGM-16-451	102.25	104.00	1.75	51.00	1.49
INCL	102.25	102.75	0.50	172.50	5.03
BGM-16-451	116.00	118.00	2.00	8.98	0.26
INCL	116.00	117.00	1.00	10.50	0.31
AND	117.00	118.00	1.00	7.46	0.22
BGM-16-451	120.50	142.70	22.20	10.02	0.29
INCL	120.50	132.00	11.50	13.01	0.38
INCL	120.50	122.00	1.50	27.60	0.81
AND	122.00	123.00	1.00	43.90	1.28
AND	130.00	130.80	0.80	30.50	0.89
AND	130.80	132.00	1.20	18.25	0.53
AND	139.80	141.00	1.20	49.80	1.45
BGM-16-452	38.40	39.40	1.00	3.47	0.10
BGM-16-452	101.30	102.10	0.80	5.02	0.15
BGM-16-453	58.20	58.70	0.50	6.53	0.19
BGM-16-453	63.00	64.50	1.50	11.10	0.32
BGM-16-453	89.00	90.10	1.10	32.60	0.95
BGM-16-454	47.00	47.65	0.65	14.90	0.43
BGM-16-454	126.35	129.00	2.65	6.05	0.18
BGM-16-455	127.40	128.25	0.85	21.20	0.62
BGM-16-455	163.00	168.00	5.00	6.47	0.19
INCL	163.70	165.05	1.35	9.42	0.27
AND	166.65	168.00	1.35	8.56	0.25
BGM-16-456	117.45	118.80	1.35	11.40	0.33
BGM-16-456	126.50	131.00	4.50	32.62	0.95
INCL	127.20	130.30	3.10	46.04	1.34
INCL	127.20	127.70	0.50	20.30	0.59
AND	127.70	128.70	1.00	26.10	0.76
AND	128.70	129.50	0.80	106.50	3.11
AND	129.50	130.30	0.80	26.60	0.78
BGM-16-457	7.00	12.75	5.75	14.77	0.43
INCL	7.00	9.00	2.00	18.98	0.55
INCL	7.00	8.00	1.00	19.00	0.55
AND	8.00	9.00	1.00	18.95	0.55
AND	11.00	12.75	1.75	24.50	0.71
BGM-16-458	11.00	14.00	3.00	15.96	0.47
INCL	12.00	13.00	1.00	27.20	0.79
AND	13.00	14.00	1.00	14.45	0.42
BGM-16-459	10.50	14.00	3.50	39.93	1.16
INCL	10.50	11.20	0.70	10.05	0.29
AND	11.20	12.50	1.30	78.20	2.28
AND	12.50	14.00	1.50	20.70	0.60
BGM-16-460				NSA
BGM-16-461	84.30	85.80	1.50	30.60	0.89
BGM-16-461	124.50	127.00	2.50	8.06	0.24
INCL	125.10	125.90	0.80	19.60	0.57
BGM-16-461	160.60	161.10	0.50	8.17	0.24
BGM-16-461	166.80	172.00	5.20	52.59	1.53
INCL	166.80	167.60	0.80	27.20	0.79
AND	168.10	168.60	0.50	232.00	6.77
AND	168.60	169.50	0.90	108.50	3.16
AND	170.50	171.50	1.00	32.10	0.94
BGM-16-462	12.70	14.00	1.30	25.60	0.75

Notes:

*Core lengths represent 50-75% true widths. Rock not recovered by drilling was assigned zero grade and not included in the composites. Top cuts have not been applied to high grade assays. Conversion factor: 1.0 oz/t = 34.2857 g/t.
NSA - No Significant Assays.

Table 2: Drillhole Collar Orientations

HOLE-ID	AZIMUTH	DIP	HOLE-ID	AZIMUTH	DIP	HOLE-ID	AZIMUTH	DIP
BGM-16-409	324.9	-65.0	BGM-16-408	324.6	-52.0	BGM-16-443	135.6	-59.1
BGM-16-412	141.0	-59.3	BGM-16-422	327.2	-45.4	BGM-16-444	327.3	-60.9
BGM-16-413	134.5	-67.8	BGM-16-423	322.8	-56.3	BGM-16-445	135.1	-55.0
BGM-16-414	334.2	-61.1	BGM-16-424	140.8	-65.2	BGM-16-446	139.6	-59.0
BGM-16-415	141.4	-71.3	BGM-16-425	137.0	-63.5	BGM-16-447	136.1	-68.8
BGM-16-416	144.8	-60.0	BGM-16-426	137.1	-64.6	BGM-16-448	327.3	-44.4
BGM-16-417	131.8	-77.7	BGM-16-427	78.5	-44.8	BGM-16-449	323.1	-64.2
BGM-16-418	142.8	-44.5	BGM-16-428	137.7	-64.0	BGM-16-450	137.6	-67.7
BGM-16-419	141.9	-68.5	BGM-16-431	141.9	-58.1	BGM-16-452	135.9	-75.1
BGM-16-420	139.4	-68.0	BGM-16-432	128.8	-45.9	BGM-16-451	319.8	-70.9
BGM-16-421	139.4	-79.9	BGM-16-433	325.4	-47.6	BGM-16-453	140.5	-63.0
BGM-16-429	331.0	-60.1	BGM-16-434	334.2	-53.9	BGM-16-454	323.9	-65.7
BGM-16-430	137.6	-75.4	BGM-16-435	139.7	-65.5	BGM-16-455	0.0	-76.0
BGM-16-401	324.1	-53.1	BGM-16-436	331.4	-53.7	BGM-16-456	324.9	-81.6
BGM-16-402	140.3	-55.7	BGM-16-437	140.6	-62.1	BGM-16-457	137.2	-72.5
BGM-16-403	332.6	-56.0	BGM-16-438	327.5	-53.0	BGM-16-458	326.8	-65.1
BGM-16-404	136.9	-62.5	BGM-16-439	138.4	-69.6	BGM-16-459	322.5	-64.6
BGM-16-405	133.7	-65.8	BGM-16-440	330.8	-60.0	BGM-16-460	329.4	-74.9
BGM-16-406	323.9	-46.2	BGM-16-441	323.1	-74.1	BGM-16-461	325.6	-74.6
BGM-16-407	322.9	-60.1	BGM-16-442	139.3	-75.6	BGM-16-462	138.5	-62.6

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