GoldMinerPulse Report: Barkerville Gold Mines Ltd. Metal Value

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Barkerville Gold Mines Ltd. (BGM) NI 43-101 Metal Value Report

Since the mid 1990s the Barkerville Gold has focused on exploration and development of gold projects in the Cariboo Mining District in central B.C. Barkerville Gold's mineral tenures covers over 1,225 square kilometers, encompassing seven past producing hard rock mines and three NI 43-101 gold deposits, including the QR Mine & Mill. The QR Property was acquired in February 2010 and includes a 900 tonne/day gold milling facility and a permitted gold mine located approximately 110 kilometers by highway and all-weather road from the Barkerville Gold Camp. [Source: Company June 2, 2011 filings at Sedar]

The resource estimate for Cow Mountain has been removed (August 15, 2012) until BCSC lifts the cease trading order.

The Barkerville Gold Mines Ltd. website is at www.barkervillegold.com.

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GoldMinerPulse Metrics Summary

This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2012-07-31.

The GoldMinerPulse metrics, presented below in table format, are based on all projects and all in situ metals and are updated daily with closing market prices.

**Barkerville Gold Mines Ltd. Metric Summary**
General Metric	Value on 2013-06-17
In Situ Metal Value per Share (MVpSh)	US$3.48
Average Ore Value per Tonne	US$304.08
Metal Value Leverage (MVL)	-no stock price-
Market Capitalization as a Percentage of Metal Value	- price unavailable
Recent Closing Stock Price	C$ [note 1]
Fully Diluted Share Count	139.50 M [note 2]
Percentage In Situ Proven + Probable Reserve	33%
Percentage In Situ Measured + Indicated Resource	46%
Percentage In Situ Inferred Resource	21%

**Gold Specific Metrics**
Metric	Value on 2013-06-17
Gold Reserves + Resources	350.46 K oz
Average Gold Ore Grade	6.8 g/t
Market Capitalization per oz of Gold In Situ	US$0.00 ( C$0.00 )
Gold Equivalent Ounces Estimate	350.46 K oz
Market Capitalization per oz of Gold Equivalent	US$0.00 ( C$0.00 )

Note 1: Conversion rate used: 1 Cnd$ = 0.982273 US$
Note 2: Fully diluted shares are estimated based on issued shares and total outstanding warrants and options -- the May, 2012 financials do NOT provide a breakdown of options and warrants in terms of strike price and expire dates.

GoldMinerPulse Most Optimistic Resource Estimate Summary (MORE)

All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.

**Metal Summary Based on Closing Prices on 2013-06-17**
Metric / Metal			Gold
Total Counts (reserves + resources)			350.46 K oz
Metal Prices in US$ (from 2013-06-17)			$1,384.50 / oz
Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count			$3.48
Percentage of Total Metal Value			100.00%
Metal Value Percentage Proven + Probable			33%
Metal Value Percentage Measured + Indicated			46%
Metal Value Percentage Inferred			21%

The above metal value totals derive from the following projects.

**Project/Deposit/Mine Summary Based on Closing Prices on 2013-06-17**
Project	Location	Metal Value per share (% total)	Average Ore Value US$/t	Gold	PP%	MI%	I%
Bonanza Ledge	British Columbia, Canada	$2.56 ( 73.6% )	US$360.49	257.85 K oz	34%	39%	27%
QR West Zone	British Columbia, Canada	$0.92 ( 26.4% )	US$211.79	92.61 K oz	33%	65%	3%
Cow Mountain	British Columbia, Canada	$0.00 ( 0.0% )			0	0	0

PP%: percentage of metal value from Proven + Probable reserves
MI%: percentage of metal value from Measured + Indicated resources
I%: percentage of metal value from Inferred resources
Note: percentages may no add to 100% due to rounding errors

Bonanza Ledge

The mine plan for the Bonanza Ledge deposit consists of standard open pit methods. The company plans to use contract mining staff for operation to minimize capital cost expenditures and will process the Bonanza Ledge ore at the QR Mill located near Likely, B.C., approximately 110 km from the Bonanza Ledge site using both a on hard surfaced and an all weather gravel road. Barkerville gold has an active drill program for 2011, 2012 and 2013. May 2011 drill results hit intercepts up to 28.7 g/t over 4.6 meters.

Latest NI43-101 Report: NI 43-101 TECHNICAL REPORT PRE-FEASIBILITY STUDY OF THE BONANZA LEDGE DEPOSIT WELLS, BC, CANADA
2009-08-17 (125 pages).

Project Location: British Columbia, Canada.

Average Ore Value (all estimate types): US$360.49

Proven

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.43	42.98 K oz	10.227 g/t	130.72 K t

Estimate notes: See TABLE 5: BONANZA LEDGE PROJECT DILUTED MINERAL RESERVES on p. 14 of 110 in the NI43-101 dated August 2009.
Cut-off grade 2.839g/t gold.

Probable

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.43	43.52 K oz	8.114 g/t	166.81 K t

Estimate notes: See Proven note.

Measured

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.48	48.02 K oz	8.743 g/t	170.85 K t

Estimate notes: See TABLE 4: SUMMARY OF RESROUCES on p. 14 of 110 in the NI43-101 report dated August 2009.
0.05 oz/ton gold cut-off grade.

Indicated

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.53	53.83 K oz	6.857 g/t	244.16 K t

Estimate notes: See Measured note.

Inferred

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.69	69.50 K oz	7.783 g/t	277.76 K t

Estimate notes: See Measured note.

Cow Mountain

[Source: xxxx]

Latest NI43-101 Report: TECHNICAL REPORT MINERAL RESOURCES AND POTENTIAL CARIBOO GOLD PROJECT
2012-08-12 (2877 pages).

Updates: This report was rejected by the BCSC on August 14th as non compliant. As result, resource estimates have been set to zero.

Project Location: British Columbia, Canada.

QR West Zone

The property was explored and drilled continuously up until 1994 by various owners. Following a positive feasibility study in 1994, Kinross began construction of an 800 tonnes/day mill. Kinross opened the QR Mine with a projected 5 year life at 800 tonnes/day. Mining of the Main Zone open pit, the Midwest Zone underground and West Zone starter pit continued until 1998.

The start-up Capital Costs w/ Contingency was estimated to be C$3.3M in the December 2009 NI43-101 report.

Latest NI43-101 Report: NI 43-101 TECHNICAL REPORT PRE-FEASIBILITY STUDY ON THE QUESNEL RIVER (QR) MINE QUESNEL, BC, CANADA
2009-12-14 (110 pages).

Project Location: British Columbia, Canada.

Average Ore Value (all estimate types): US$211.79

Proven

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.02	1.82 K oz	4.690 g/t	12.09 K t

Estimate notes: See TABLE 5: QR MINERAL RESERVES on p. 15 of 110 in the NI43-101 dated December 2009.
Cut-off grade 4g/t gold.

Probable

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.28	28.31 K oz	4.855 g/t	181.38 K t

Estimate notes: See Proven note.

Measured

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.04	3.97 K oz	4.100 g/t	30.08 K t

Estimate notes: See TABLE 4: QR WEST ZONE MINERAL RESOURCES (RON SIMPSON, 2009) on p. 14 of 110 in the NI43-101 report dated December 2009.
2.5 g/t gold cut-off grade.

Indicated

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.56	56.03 K oz	4.820 g/t	361.57 K t

Estimate notes: See Measured note.

Inferred

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$0.02	2.48 K oz	3.800 g/t	20.29 K t

Estimate notes: See Measured note.