Fri Aug 20, 2010 Barker Collects Initial Heavy Mineral Sediment Samples on it's Wasko Diamond Project and Stakes Additional Target
For Immediate Release
Barker Collects Initial Heavy Mineral Sediment Samples on it's Wasko Diamond Project and Stakes Additional Target
Prince George, B.C., August 20, 2010 -- Barker Minerals Ltd. ("BML" on TSX/V) (the "Company") reports that heavy mineral stream sediment samples have been collected from the Wasko 3 target on its Wasko Diamond Project and that another target has been acquired by staking. The project is located 192 km south of Prince George and 96 km northeast of Williams Lake, in the Cariboo region of British Columbia. (Wasko Property Location Map) The project is accessed by water and is located in an area of past significant barge logging activities. Across Quesnel Lake property development and logging activities provide important nearby access and infrastructure.
The Wasko Diamond project was originally acquired by staking after the release of the results of the Geological Survey of Canada's (GSC) "Likely Radiometric and Magnetic airborne survey" which has identified numerous targets for follow up. One of the most prominent magnetic features over the survey area is a cluster of moderate to high strength circular anomalies which appear to be a cluster of mantle pipes similar to those across the lake at the Tasse Project which has identified diamond indicator minerals and is being evaluated for its diamond potential. (See August 5, 2010 news release (Barker Undertakes Diamond Indicator Sampling Program on its Tasse Diamond Project)
The stream sediment samples will be sieved down and analyzed for potential diamond indicator grains which would show up after the heavy mineral separation phase. A number of grains from each sample will then be chosen for identification and follow up microprobe studies to determine the geochemistry. The samples collected for analysis from Wasko 3 have heavy mineral concentrates which are very similar in nature to the Tasse heavy mineral concentrates and include a variety of different coloured garnets and associated heavy minerals. (Examples of selected heavy mineral grains recently collected from the Wasko 3 Target.Grains 01, Grains 02)
Recently while heavy mineral sampling of the Wasko 3 target a new volcanic cone was identified and recently staked by Barker and named Wasko 4 target. This newly staked target coincides with a circular airborne magnetic anomaly and was also confirmed by topographical and satellite imagery. (Wasko Project Claim and Target Map)
The scientific and technical information contained in this news release was prepared under the supervision of Rein Turna, B.Sc., P.Geo. the Company's "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
About Barker Minerals
Barker Minerals is advancing exploration on its mineral properties in the Cariboo Gold District, one of the most mineralized belts in British Columbia. The Company has more than 20 projects on its exploration properties, all of which are 100% owned by Barker Minerals. Eight projects have drill-ready gold and/or massive sulphide targets.
Certain statements in this press release may be considered forward-looking information, including those relating to "plans" of the Company. Such information involves known and unknown risks, uncertainties and other factors -- including the availability of funds, the results of financing and exploration activities, the interpretation of drilling results and other geological data, project cost overruns or unanticipated costs and expenses and other risks identified by the Company in its public securities filings -- that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
FOR FURTHER INFORMATION PLEASE CONTACT:
Louis E. Doyle
Barker Minerals Ltd.
Tel: (250) 563-8752
Fax: (250) 563-8751
Robert H. Kuhl
Barker Minerals Ltd.
Tel: (604) 321-0709
Fax: (604) 321-0719
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.
You can view the Next Company News item: Wed Aug 25, 2010, Barker Begins Trenching on it's Cariboo Zinc Project
You can view the Previous Company News item: Thu Aug 5, 2010, Barker Undertakes Diamond Indicator Sampling Program on its Tasse Diamond Project
You can return to the main Company News page, or press the Back button on your browser.