Dr. Elena Clarici reports

BARKERVILLE GOLD MINES REPORTS WHOLE HOLE FIRE ASSAY RESULTS OF THIRTEEN DIAMOND DRILL HOLES CONDUCTED ON ISLAND MOUNTAIN IN 2003

Barkerville Gold Mines Ltd. has released results from complete whole-hole fire assays of 13 diamond drill holes conducted on Island Mountain in 2003.

As mentioned in the company's news release dated Oct. 28, 2014, infill core sampling of diamond drill holes conducted on Island Mountain in 2003 was completed this past spring. The infill core samples were collected for 50-gram lead collection/gravimetric fire assaying of gold.

Fire assay results of the 13 diamond drill holes have been received, and significant intercepts are listed in the attached table. Highlights include:

• IGM03-14:
  • 8.6 metres (28.2 feet) of 7.45 grams per tonne (0.217 ounce per ton) gold between 26.8 metres and 35.4 metres (87.8 feet and 116.0 feet) including:
    • 2.3 metres (7.6 feet) of 26.98 g/t (0.787 ounce per ton) gold between 26.8 m and 29.1 m (87.8 feet and 95.4 feet);
• IGM03-15:
  • 6.9 metres (22.6 feet) of 5.11 g/t (0.149 ounce per ton) gold between 63.0 m and 69.9 m (206.8 feet and 229.4 feet) including:
    • Including 5.0 metres (16.5 feet) of 6.83 g/t (0.199 ounce per ton) gold between 63.7 m and 68.7 m (209.0 feet and 225.5 feet) and including:
      • 1.5 metres (5.0 feet) of 14.622 g/t (0.426 ounce per ton) gold between 67.2 m and 68.7 m (220.5 feet and 225.5 feet);
  • 2.3 metres (7.5 feet) of 9.50 g/t (0.277 ounce per ton) gold between 99.5 m and 101.8 m (326.5 feet and 334.0 feet) including:
    • 0.7 metre (2.4 feet) of 29.094 g/t (0.849 ounce per ton) gold between 100.4 m and 101.2 m (329.5 feet and 331.9 feet);
  • 0.8 metre (2.7 feet) of 19.753 g/t (0.576 ounce per ton) gold between 104.2 m and 105.0 m (341.8 feet and 344.5 feet);
  • 4.7 metres (15.3 feet) of 4.30 g/t (0.125 ounce per ton) gold between 107.9 m and 112.6 m (354.0 feet and 369.3 feet) including:
    • 1.0 metre (3.3 feet) of 19.134 g/t (0.558 ounce per ton) gold between 111.6 m and 112.6 m (366.0 feet and 369.3 feet).

SIGNIFICANT INTERCEPTS OF THE WHOLE-HOLE ASSAYS OF 2003 DIAMOND DRILL
                 PROGRAM CONDUCTED ON ISLAND MOUNTAIN 
 
DDH No.        EOH         From          To     Width             Au            
               (ft)   (ft)   (m)  (ft)   (m) (ft)  (m)   (g/t) (oz/t)

IGM03-05     445.0          No significant (> or = 1.0 g/t Au) assay
IGM03-06     586.0   34.6  10.5  36.6  11.2  2.0  0.6   1.336  0.039
IGM03-07     235.0          No significant (> or = 1.0 g/t Au) assay
IGM03-08     206.0   65.9  20.1  68.8  21.0  2.9  0.9   1.682  0.049
IGM03-09     194.0          No significant (> or = 1.0 g/t Au) assay
IGM03-10     390.0   27.8   8.5  29.6   9.0  1.8  0.5   1.030  0.030
                     49.0  14.9  54.4  16.6  5.4  1.6   1.003  0.029
                    142.0  43.3 144.0  43.9  2.0  0.6   2.769  0.081
IGM03-11     354.0          No significant (> or = 1.0 g/t Au) assay
IGM03-12     261.0   16.0   4.9  17.3   5.3  1.3  0.4   1.610  0.047
                    210.3  64.1 214.3  65.3  4.0  1.2   5.898  0.172
IGM03-13     265.0          No significant (> or = 1.0 g/t Au) assay
IGM03-14     425.0   87.8  26.8 116.0  35.4 28.2  8.6    7.45* 0.217*
including            87.8  26.8  95.4  29.1  7.6  2.3   26.98* 0.787*
                    175.0  53.3 181.6  55.4  6.6  2.0   2.504  0.073
IGM03-15     444.0   66.5  20.3  71.5  21.8  5.0  1.5   1.636  0.048
                     87.3  26.6  92.0  28.0  4.7  1.4   1.470  0.043
                     96.7  29.5 100.1  30.5  3.4  1.0   1.573  0.046
                    103.0  31.4 105.9  32.3  2.9  0.9   6.215  0.181
                    144.6  44.1 145.3  44.3  0.7  0.2   2.781  0.081
                    206.8  63.0 229.4  69.9 22.6  6.9    5.11* 0.149*
including           209.0  63.7 225.5  68.7 16.5  5.0    6.83* 0.199*
and including       220.5  67.2 225.5  68.7  5.0  1.5  14.622  0.426
                    326.5  99.5 334.0 101.8  7.5  2.3    9.50* 0.277*
including           329.5 100.4 331.9 101.2  2.4  0.7  29.094  0.849
                    341.8 104.2 344.5 105.0  2.7  0.8  19.753  0.576
                    354.0 107.9 369.3 112.6 15.3  4.7    4.30* 0.125*
including           366.0 111.6 369.3 112.6  3.3  1.0  19.134  0.558
IGM03-16     264.0          No significant (> or = 1.0 g/t Au) assay
IGM03-17     515.0          No significant (> or = 1.0 g/t Au) assay
 
Note: Uncut and uncapped grade; * weighted grade

All the significant intercepts of IGM03 drill holes described above and in the attached table may not be true width. Due to the complexity of analyzing three types of quartz veins, namely, strike, diagonal and orthogonal veins, the true width will be determined after the company's 3-D geological model is updated.

Infill core sampling of diamond drill holes conducted on Island Mountain in between 1999 and 2005 was completed in this past spring. More news on the complete holes that include metallic screen fire assay results of reject samples, if available, and lead collection fire assay results of previously unassayed infill core samples will be published as they become available in the following weeks. The company is in the process of utilizing this information to update the drill hole database for a future resource estimate.

Drill core processing included descriptive logging and sampling for geochemical analyses. The NQ-size drill core was cut/split in two halves using saws at the company's Lowhee Creek compound in Wells-Barkerville, central British Columbia. One-half of the core is put in a sample bag. After all the samples are placed in the rice bags at the mine site, they are transported by BGM's personnel to a shipping company in Quesnel for trans-shipment to ACME Analytical Laboratories Ltd. in Vancouver, which is under the Bureau Veritas Group Company, for analysis. Sample preparation and geochemical assaying are done at ACME, following its own internal standards for quality control and verification. The gold assaying method uses a 1,000-gram metallic screen gold assay and 50-gram lead collection fire assay. ACME is certified under the assayers certification program of B.C.

The information contained in this news release has been reviewed and approved by the company's chief geologist, Jim Yin, PhD, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.