Barkerville Gold discovers 53 g/t over 11.55 metres at the Shaft Zone

Barkerville Gold Mines Ltd. {TSX.V: BGM}.  announced that additional drilling results from the ongoing 130,000 metre Phase II Island Mountain exploration and infill drilling program at the Company’s flagship Cariboo Gold Project have confirmed short range continuity of the vein systems and expanded a veining corridor at depth in the Shaft Zone. Continue reading

Strongbow Enters Into C$8.5m Royalty Sale And Equity Financing Agreement With Osisko Gold Royalties 

Strongbow Exploration Inc. {TSX-V:SBW}  announced that it has agreed to sell a 1.5% Net Smelter Returns royalty to Osisko Gold Royalties Ltd. {TSX: OR} on all metals and minerals produced from the South Crofty tin project in Cornwall, UK, for $7.17 million.

Concurrently with the Royalty sale, the Company intends to complete a non-brokered private placement of common shares at $0.14 per share for gross proceeds of up to $2.0 million. Continue reading