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Barker Discovers Stacked Polymetallic Massive Sulphide Mineralization at its Frank Creek VMS/Gold Project


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2013-12-03 15:36:39 -

Prince George, British Columbia CANADA, December 03, 2013 /FSC/ - Barker Minerals Ltd. (BML - TSX Venture), (the "Company") is pleased to provide an update on drilling on its 100% owned Frank Creek volcanogenic massive sulphide (VMS) and gold project which was announced on June 18, 2013. (BM-13-220)( www.barkerminerals.com/s/NewsReleases.asp?ReportID=594816) The 2013 drilling focused on the nearby VMS Titan Trend "C" Conductor, a VMS target identified in past programs, to test the potential for the discovery of economic gold mineralization. The 2013 drill program was successful in the discovery in FC-13-09 of multiple stacked, altered and mineralized horizons associated with typical VMS footwall style alteration and mineralization.

The property is located in the Cariboo Mining District of British Columbia approximately 77

km northeast of Williams Lake B.C. and hosts excellent access and infrastructure. (Location Map)( www.barkerminerals.com/i/nrpdf/property_map.pdf)

Titan Trend "C" Conductor 2013 Drilling (Titan Geophysical Model)( www.barkerminerals.com/i/nrpdf/titan_model.html)

Four separate significant zones were intercepted in drill hole FC-13-09 which was drilled to 146.35 metres.(m)) The zones intercepted include 18.9 m of .26% combined copper/zinc/lead with 3 g/t silver from surface to 18.9 m, including 8 m of 0.35% combined copper/zinc/lead and 5 g/t silver from 8 m to 16 m; 3.02 m of .18% combined copper/zinc/lead from 20.85 m to 23.87 m and 3 g/t silver; 11 m of 1.08% combined copper/zinc/lead and 30 g/t silver from 61.5 m to 72.5 m; and 1.25 m of .24% copper/zinc/lead and 11 g/t silver from 135 m to 136.25 m. The various intercepts indicate increasing grades to depth and the tenor of mineralization is changing from copper/zinc rich, to zinc/lead/silver rich. Mineralization is open in all directions and at depth. Permits are being sought to drill a series of fences centered along this highly prospective trend.

Significant Results - FC-13-09



-- - - -- --- -- --- -
From To Interval Cu Zn Pb total
-- - - -- --- -- --- -
(metres) (metres) metres ppm ppm ppm ppm interval average
-- - - -- --- -- --- -
0 18.9 18.9 20452 21032 7473 48957 0.26% Cu/Zn/Pb,
3 g/t Ag
-- - - -- --- -- --- -
Including
-- - - -- --- -- --- -
8 16 8 15410 8473 3800 27683 0.35% Cu/Zn/Pb,
5 g/t Ag
-- - - -- --- -- --- -
20.85 23.87 3.02 2535 2134 806 5475 0.18% Cu/Zn/Pb,
3 g/t Ag
-- - - -- --- -- --- -
61.5 72.5 11 24549 56679 37491 118720 1.08% Cu/Zn/Pb,
30 g/t Ag
-- - - -- --- -- --- -
135 136.25 1.25 38.7 85.1 2930 3054 0.24% Cu/Zn/Pb,
11 g/t Ag
-- - - -- --- -- --- -




The gold results in FC-13-09 were only slightly anomalous, up to 508 ppb, in the mineralized zones in contrast to that of FC-11-03 which assayed 3.8 g/t gold over 22.45 m from 13.0 m to 35.45 m. As FC-11-03 and FC-13-09 were only 5 metres apart the discrepancy in gold values will be reviewed and investigated in order to determine the possible cause of the differences. The economic gold potential will be evaluated further in conjunction with the definition of the recently discovered VMS mineralized zones in the Titan Trend "C" target area. QA/QC review will be conducted and if any results are materially significant they will be disclosed at that time in a follow up news release.

The results from FC-13-09 are consistent with that of a feeder zone within a VMS system. The style of alteration, copper rich mineralization, grades, patterns and zonation of base metals, presence of precious metals, elevated values of VMS feeder pathfinders such as arsenic, bismuth, antimony, tin and scandium within a europium low are all indicative of close proximity to a vent of a VMS system.

FC-13-10

FC-13-10 was located 350 metres north of FC-13-09 and drilled to a depth of 128 metres with no appreciable assays. The hole encountered alternating rock units of argillites and altered volcaniclastic rocks. The alteration consists of sericite, carbonate, chlorite and silica. FC-13-10 is interpreted to represent the eastern margin of a shallow basin which would also be the eastern limit permissive for VMS mineralization.

Exploration to date indicates the eastern ends of L57N and L59N have many similarities to mesothermal, or mother-lode style, gold mineralization. Similarities include host mineralogy, carbonate alteration and proximity (less than 100m) to a structural break characterized by ultramafics and listwanites. The carbonaceous rocks, the very brittle nature of the argillites, placer gold below the target and a significant shear zone in Frank Creek bode well for the presence of gold veins to be discovered such as at the Barkerville gold trend to the north, and similar to the Mother Lode district in California.

FC-13-11/FC-13-12/FC-13-13 (Drillhole Location)( www.barkerminerals.com/bm-13-222/fig_12.pdf)

FC-13-11, 12 and 13 were all drilled 250 - 350 metres to the northeast of FC-13-09, with gold as the primary target. FC-13-10 did not return any appreciable gold assays and decisions are yet to be made on which samples may be sent for future analysis. The alteration and geology are similar in this series of holes to that of FC-13-10.

Titan Trend "A" Conductor (Titan Geophysical Model)( www.barkerminerals.com/i/nrpdf/titan_model.html)

FC-13-14 was drilled to a 67.56 metre depth and is an extension along strike, to the southeast, of the 2008 original Line 53N area trenching and drilling discovery and is located approximately 1km southwest of the FC-13-09 discovery. (Drillhole Locations)( www.barkerminerals.com/bm-13-222/fig_13.pdf) From near surface, FC-13-14 intercepted approximately 20 metres of a highly altered sulphide zone comprised of VMS footwall style mineralization. The sulphide mineralization occurs together with copper stringer sulphides in favorable felsic volcanic rocks. The target of this hole was a near surface chargeability high interpreted to represent stringer or feeder style mineralization overlying a large, deeper and strongly conductive body being evaluated for massive sulphide potential.

Near the bottom of the hole at 65.29 m a narrow 3 cm band of chalcopyrite was intercepted. FC-13-14 demonstrates fining of down hole which confirms the overturned nature of the stratigraphy and the copper mineralization encountered near the bottom of the hole support the interpretation of this zone and make it a high priority for follow up. (Lines 51N, 53N, 55N Geophysical Sections)( www.barkerminerals.com/i/nrpdf/trend_a.html)

The width of the mineralized zone remains open to the southeast and northwest as well as along strike in both directions. The zone is also open at depth where a large and strong Titan 24 Conductor has a 3-D subsurface signature similar to that of a massive sulphide body. The exploration results to date, on surface and in initial exploration drilling, along with the overturned nature of the rocks in this area bode well for a potential economic ore body below the broad near surface VMS style footwall mineralization and alteration discovered to date through trenching and initial exploration drilling. (Titan Geophysical Model)( www.barkerminerals.com/i/nrpdf/titan_model.html) (Inverted VMS Model)( www.barkerminerals.com/i/nrpdf/inv_vms_model.pdf)

The Line 53N and 22W area is centered on the strongest co-incident multi-element enzyme leach soil anomaly and is near the contact between chargeability highs and resistivity lows, a geophysical pattern which is consistent with a favorable location for the formation of volcanogenic massive sulphide mineralization. (Soils: Copper, Lead, Zinc)( www.barkerminerals.com/i/nrpdf/enzyme_soils.html)

Other Prominent Nearby Drill Targets

The Titan-24 geophysical survey shows a broad and strong conductor 200 m to the south of the Line 53N trenching and drilling discovery area which is centered on Line 51 at a moderate depth with the top of the conductor being 250 -- 300 m from surface (FC-13-14 target). The same conductor is also present on Lines 53N and 55N, only deeper down, with the top of the conductor being between 400 - 500 m from surface on Line 53N but nearly reaching surface on the western end of Line 55N. Permits are being sought to conduct trenching and drilling on the Line 55N target area and are expected to be in place for the 2014 field season. (Lines 51N, 53N, 55N Geophysical Sections)( www.barkerminerals.com/i/nrpdf/trend_a.html) (Titan Grid & Airborne Compilation)( www.barkerminerals.com/i/nrpdf/airborne_comp.pdf)

Summary and Recommendations

The widespread occurrence of footwall-type alteration and mineralization on surface and in drill core affirms the overturned nature of the local stratigraphy, evidenced by results from previous exploration programs and the 2013 drilling. The massive sulphide lenses discovered in the Discovery Trench in 2001 and in trenching and drilling programs since then exist in a favorable stratigraphic contact horizon occurring within, or somewhat below, sedimentary rocks that are locally graphitic, and atop and partly within a felsic volcaniclastic pile. VMS deposits in other mining districts commonly form at or along contact of sedimentary and volcanic rocks with similar alteration assemblages. Size and grade of the mineralized zones are currently unknown and can only be defined by future drilling and trenching programs.

The results to date at Frank Creek show strongly anomalous base and precious metal mineralization in well-defined stratigraphic horizons with the mineralization intersected enriched in copper, zinc, lead, silver and gold as well as a number of pathfinder elements that are characteristically elevated in and around Kuroko type deposits like Kidd Creek and Brunswick 12 deposits in eastern Canada.

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.

Volcanogenic Massive Sulphide (VMS) Deposits

VMS deposits are one of the most sought after deposit types in the world due to: their high value of ore; the high level of understanding of geological, geochemical and geophysical vectors to their ore compared to other deposit types; their polymetallic composition provides the added economic benefit of being a buffer against fluctuations in prices for metals; they can be extremely gold and silver rich; they typically come in clusters and can form distinct mining districts creating economic prosperity for decades.

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 VISIT OUR WEBSITE
WWW.BARKERMINERALS.COM OR CONTACT:

Louis E. Doyle
Tel: (250) 563-8752
Fax: (250) 563-8751
barker@telus.net
www.barkerminerals.com

Robert H. Kuhl
Tel: (604) 321-0709
Fax: (604) 321-0719
bmls@shaw.ca



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.

To view the press release as a PDF file, please click on the following link:
www.usetdas.com/pr/barker12032013.pdf


Source: Barker Minerals Ltd. (BML - TSX-V)
Maximum News Dissemination by FSCwire. www.fscwire.com


Author:
Fred Gautreau
e-mail
Web: www.fscwire.com
Phone: 14037173898

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