Location: British Columbia
Operator: Barkerville Gold Mines Ltd.
Royalty: NSR: 3%
Barkerville Gold Mines Ltd. (“Barkerville”) is advancing the Cariboo Gold Project in east-central British Columbia. Barkerville controls 2,120 km2 of mineral rights located 85 km east of the town of Quesnel. The area has historical underground and alluvial production of 4.5 million ounces of gold from 1933 to 1967. Franco-Nevada’s 3% NSR covers the claims to the immediate north-east of the Bonanza Ledge Project, referred to as the KL Zone, where recent drilling included 21.09 g/t Au over 1.10 metres and 10.21 g/t Au over 2.00 metres. Franco-Nevada’s 3% royalty interest also extends over the Williams Claims which is about 5 km south east of the Bonanza Ledge Project. Barkerville currently has 131 exploration targets along the 67 km trend.