Monthly Archives: December 2011
Barkerville Gold Mines Receives Provincial Government Approval for the Bonanza Ledge Gold Mine
News Releases
http://www.barkervillegold.com/
Dec 06, 2011
Barkerville Gold Mines Receives Provincial Government Approval for the Bonanza Ledge Gold Mine
Vancouver, BC – Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company”) is pleased to report it has received approval of Mines Act Permit M-238 to develop an open pit gold mine at its Bonanza Ledge property near Wells, British Columbia.
The Application, submitted to the B.C. Chief Inspector of Mines in accordance with Part 10.12 of the Health, Safety and Reclamation Code for Mines in British Columbia in August 2010 was formally accepted for review on November 29, 2010. The proposal was reviewed by strategic provincial and federal government agencies, with coordination by the B.C. Ministry of Mines Kamloops office and subsequently by the Chief Inspector’s office in Victoria, B.C.
Approximately 73,000 tonnes of ore per year will be produced at the Bonanza Ledge Mine, for a current mine life of four (4) years. The average grade is approximately 9.05 grams per metric tonne (or approximately 0.264 ounces per short ton). The mine design is the culmination of geological exploration, engineering and environmental studies undertaken by the Company in the Barkerville camp since the Bonanza Ledge deposit was discovered in 2000. This work included the extraction of a 10,000 tonne underground bulk sample at Bonanza Ledge in 2004 containing approximately 7,000 ounces of gold.
Frank Callaghan, president and CEO of the Company said: “Approval of the Bonanza Ledge Gold Mine is a major accomplishment for Barkerville Gold Mines in its close to twenty years of exploration in the region. The company has invested its resources in the development of the property and the QR mill, and it’s great to see this project come to fruition.
This will mean a lot to the residents of Wells, Quesnel and the Lhtako Dene Nation. It has been a joint effort to make this work with such a small environmental footprint, and the Company is excited to begin development of the mine.”
The mine site is on the southwest face of Barkerville Mountain at an elevation of approximately 1,480 m (4850′) above sea level and within roughly two kilometers of Highway 26. Existing access is in place to truck the mineralized material to the company’s permitted QR Mill, near Quesnel, B.C. for processing to gold doré.
Community and First Nations consultation has taken place on the mine proposal over several years leading up to the Application, and feedback has been incorporated in aspects of the project design. A Memorandum of Understanding is in place between the Company and the Lhtako Dene First Nation providing for continued close cooperation and benefits related to development of the Company’s projects in the Cariboo region.
On behalf of the Board of Directors
“J. Frank Callaghan”
J. Frank Callaghan
President and CEO
Tel: (604) 669 – 6463
This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future events and conditions and therefore involve inherent risks and uncertainties. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. All phases of the Company’s operations are subject to environmental regulation and governmental approval and permits and there can be no assurance that the Company will obtain all the requisite permits for future development. Mining is an inherently risky business with large capital expenditures and cyclical metals markets. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
*please refer to cautionary note
Legal Information
©2010 Barkerville Gold Mines Ltd.
Stock Symbol: TSX-V: BGM
Head Office
1500 – 675 West Hastings Street
Vancouver, British Columbia
Canada V6B 1N2
Tel: (604) 669-6463
Fax: (604) 669-3041
Toll Free: 1-800-663-9688
MLA Bob Simpson: Catching Up in the Constituency
Catching Up in the Constituency
One of the problems of having a full fall legislative session is that it’s hard to get around the riding and stay connected with the people I’ve been elected to represent. I’m thankful that I have great staff in both my Quesnel community office and my legislative office in Victoria. But, I also need direct contact with the communities and the people I serve to ensure I’m grounded in their realities and don’t lose sight of what’s important to them.
The last couple of weeks I’ve been catching up in my community office and have had a chance to travel around the riding. It’s also been great to get into the coffee shops and to drop into various Christmas events to chat with people about what’s on their minds.
I attended a community meeting in Nazko regarding West Fraser’s new log storage and reload yard in that community. A breakdown in communication, primarily the fault of government, created tension in the community and resistance to West Fraser setting up this yard, despite the fact it’s essential to the company’s strategy to bring logs into Quesnel from Kluskus over the next ten years. I’ll be working with government to organize a meeting in Nazko in the New Year so the community can hear what the resource development plans are for that area.
I met with members of Williams Lake Council and the CRD and had an opportunity to discuss some key provincial issues with them: the Pacific Carbon Trust, Prosperity Mine, First Nations relations, invasive plants, mid-term timber supply, affordable housing, the proposed Resource Road Act, and the provincial government’s mixed messages on balancing the budget.
I’m also actively working with the City of Williams Lake, the CRD, the Williams Lake Indian Band and the communities of Big Lake, Miocene and Horsefly to advance the discussion about the proposed Williams Lake Community Forest. I’ll be attending a community meeting in Likely to get caught up on their successful community forest and other issues affecting that community.
In my Community Office we’ve been catching up on correspondence and communicating back to constituents and communities about some of the work I did for them during the session.
I appreciate how patient people have been with both my staff and me as we’ve juggled my time in the Legislature with the ongoing demands of the riding. Looks like next year will be another busy one, as the Legislative calendar has been posted and shows full spring and fall sittings.
Bob Simpson MLA Cariboo North
Adam Schaan
Constituency Assistant
Bob Simpson MLA Cariboo North
#401-410 Kinchant St.
Quesnel BC V2J 7J5
Tel: 250.991.0296
Fax: 250.991.0281
www.bobsimpsonmla.ca
The Dance – A Touch of Miner Humour!
An old prospector shuffled into the town of El Indio, Texas leading a tired old mule. The old man headed straight for the only saloon in town, to clear his parched throat.
He walked up to the saloon and tied his old mule to the hitch rail.
As he stood there, brushing some of the dust from his face and clothes, a young gunslinger stepped out of the saloon with a gun in one hand and a bottle of whiskey in the other.
The young gunslinger looked at the old man and laughed, saying, “Hey old man, can you dance?”
The old man looked up at the gunslinger and said, “No son, I don’t dance… never really wanted to.”
A crowd had gathered as the gunslinger grinned and said, “Well, you old fool, you’re gonna dance now!” and started shooting at the old man’s feet.
The old prospector, not wanting to get a toe blown off, started hopping around like a flea on a hot skillet.
Everybody standing around was laughing.
When his last bullet had been fired, the young gunslinger, still laughing, holstered his gun and turned around to go back into the saloon.
The old man turned to his pack mule, pulled out a double-barreled 12 gauge shotgun and cocked both hammers.
The loud clicks carried clearly through the desert air. The crowd stopped laughing immediately.
The young gunslinger heard the sounds too, and he turned around very slowly.
The silence was deafening. The crowd watched as the young gunman stared at the old timer and the large gaping holes of those twin 12 gauge barrels.
The barrels of the shotgun never wavered in the old man’s hands, as he quietly said;
“Son, have you ever kissed a mule’s ass?”
The gunslinger swallowed hard and said, “No sir… but…but I’ve always wanted to.”
—————
There are a few lessons for all of us here:
*Don’t be arrogant.
*Don’t waste ammunition.
*Whiskey makes you think you’re smarter than you are.
*Always make sure you know who is in control.
*And finally, don’t screw around with old folks; they didn’t get old by being stupid.
I just love a story with a happy ending, don’t you?
The Cariboo Mining Association 