2012-10-03 16:58:04 -
Prince George, British Columbia CANADA, October 03, 2012 /FSC/ - Barker Minerals Ltd. (BML - TSX Venture), (the "Company") is pleased to provide an update from the 2011 drilling program on the near surface gold discovery on its 100% owned Frank Creek volcanogenic massive sulphide (VMS)/Gold project announced on April 13, 2012 (BM-12-204). The Company previously announced that infill sampling and analysis on drill hole FC11-03 had identified a significant 22.45 metre wide zone from 13.0 metres to 35.45 metres which assayed 3.8 grams per ton (g/t) gold (0.11 oz/t). Within this zone concentrations of 4.95 g/t gold (0.14 oz/t) occurred over 14.95 metres from 13.0 metres to 27.95 metres. Narrow higher grade intervals within the 22.45 metres include 41.4
g/t gold over 0.15 metres (1.20 oz/t) between 26.5 metres - 26.65 metres.
As part of the Company's ongoing Quality Assurance and Quality Control procedures (QA/QC) Certified Standard Reference materials (CRSM or Standards) with gold and PGE's were inserted with the 2012 Black Bear Project's Providence drill core samples. The Company also included pulps and reject samples from the Frank Creek 2011 drill program.
The CRSM Standards samples came back as expected in the 2012 Black Bear Providence sample sets but a significant discrepancy in the pulp from a Frank Creek sample which was .15 metres in length and originally assayed >25 ppm by ICP-MS, 26.40 g/t by fire assay and 41.40 g/t by gravimetric fire assay. The two Frank Creek pulp samples when inserted in the Black Bear sample sets each returned >10 ppm (g/t) when analyzed by fire assay and 90.9 g/t and 29.5 g/t when analyzed by gravimetric fire assay respectively.
The significant discrepancy from the original 2011/2012 Frank Creek fire assay results of 26.4 g/t gold by fire assay and 41.4 g/t gold by gravimetric fire assay, to 90.9 g/t gold when the same pulp was re-analyzed for QA/QC in BB12-06 will be investigated as this could have important implications for the Frank Creek gold exploration programs in the future. If one replaces the .15 metre 41.4 g/t gold as announced on April 13, 2012 with the recent assay result 90.9 g/t gold the uncut intercept increases from 3.80 g/t gold to 5.35 g/t gold over the 22.45 metres.
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FC11-03 UNCUT GOLD BY FIRE ASSAY
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FC11-03 INTERVAL GOLD-
TOTAL
FROM - M TO - M METRES GRAMS AU GRAMS PER TONNE/METRE
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13.00 M 35.45 M 22.45 85.27 3.80 G/T - 22.45 METRES
13.00 M 30.00 M 17.00 77.32 4.55 G/T - 17.00 METRES
13.00 M 27.95 M 14.95 73.94 4.95 G/T - 14.95 METRES
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UNCUT GOLD BY FIRE ASSAY WHEN PULP RESULT USED FOR Q/C IN BLACK BEAR 2012 DRILLING
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FC11-03 INTERVAL GOLD-
TOTAL
FROM - M TO - M METRES GRAMS AU GRAMS PER TONNE/METRE
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13.00 M 35.45 M 22.45 124.27 5.35 G/T - 22.45 METRES
13.00 M 30.00 M 17.00 116.32 6.82 G/T - 17.00 METRES
13.00 M 27.95 M 14.95 112.94 7.55 G/T - 14.95 METRES
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WEIGHTED AVERAGE GOLD BY FIRE ASSAY
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FC11-03 INTERVAL GOLD-TOTAL GOLD WEIGHTED AVERAGE
FROM - M TO - M METRES GRAMS/METRE GRAMS PER METRE/TONNE
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13.00 M 35.45 M 22.45 28.68 1.28 G/T - 22.45 METRES
13.00 M 30.00 M 17.00 26.36 1.55 G/T - 17.00 METRES
13.00 M 27.95 M 14.95 25.88 1.73 G/T - 14.95 METRES
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WEIGHTED AVERAGE GOLD BY FIRE ASSAY WITH PULP RESULT INCLUDED FOR Q/C IN BB12 DRILLING
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FC11-03 INTERVAL GOLD-TOTAL GOLD WEIGHTED AVERAGE
FROM - M TO - M METRES GRAMS/METRE GRAMS PER METRE/TONNE
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13.00 M 35.45 M 22.45 35.43 1.57 G/T - 22.45 METRES
13.00 M 30.00 M 17.00 33.11 1.94 G/T - 17.00 METRES
13.00 M 27.95 M 14.95 32.63 2.18 G/T - 14.95 METRES
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Follow up check sampling will be undertaken on the Frank Creek 2011 drill core, as well as previously drilled holes near the 2011 gold discovery area, in order to determine if the nugget effect exists at Frank Creek which may be the cause of the multiple erratic fire assay results from the same samples. If there are any material variations from the reported intervals, the Company will report them in a subsequent news release.
All the above confirmation analysis and fire assays were completed by AGAT Labs who also completed the 2012 Black Bear fire assay analysis. The drill core was cut in half with one half of the core sample shipped to AGAT Labs by Barker staff. The remaining half of the core is kept at the Company core shack for future assay verification, or any other further studies. All drill samples were prepared and screened for fire assay and multi-element ICP-MS analysis by AGAT Laboratories. Gold values are determined by standard fire assay with an AA finish, or if over 10.0 g/t Au, were re-assayed with a gravimetric finish. QA/QC included the insertion and continual monitoring of numerous standards, blanks and duplicates into the sample stream within each batch.
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 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 this press release as a webpage, please click on the following link:
www.usetdas.com/pr/barkerminerals10032012.htm
Source: Barker Minerals Ltd. (BML - TSX-V) Maximum News Dissemination by FSCwire.
www.fscwire.com 
