Barkerville Gold Mines Ltd. announced results from the Phase II drilling program on Barkerville Mountain at the company's Cariboo Gold Project (CGP). With Phase I BCV exploratory drilling on Barkerville Mountain now complete, the Company has initiated a Phase II infill drilling program targeting the most economically prospective areas of the BCV mineralization that were identified in the 2015 campaign. Although the BCV mineralization still remains open to depth over its currently delineated 1,400 metre strike length, the second phase will be preferentially focused on rapidly drill-defining a near surface, high confidence resource and ultimately reserve.

In parallel with the BCV infill program, drillholes BGM-15-158, BGM-15-159 as well as BGM-15-160 through BGM-15-164 were collared from a single location and fanned in a 33 degree cone such that an average of 5-10 metres between mineralized intercepts was achieved. The purpose of this drilling was to provide information on the short range gold grade variability of the BCV for resource estimation as well as to collect a representative sample of freshly drilled material for a bench scale metallurgical test that will simulate and optimize the process flowsheet of the Company's QR milling facilities in preparation for future mining. Geostatistical analysis and interpretation of the newly collected close-spaced drilling data is in progress.

Exploration activities at the Cariboo Gold Project are jointly administered on site by the company's Project Managers Maggie Layman, P.Geo. and Wanda Carter, P.Geo. As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Paul Geddes, P.Geo.

Vice President Exploration, is the qualified person for the company and has prepared, validated and approved the technical content of this news release. The company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities on the Cariboo Gold Project. Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged.

The remaining drill core is subsequently stored on site at the Company's secure facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. The company inserts quality control (QC) samples at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance.

The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd., and is overseen by Paul Geddes, P.Geo, Vice President Exploration. Drill core samples are submitted to SGS Canada's analytical facility in Burnaby, B.C. for preparation and analysis.

The SGS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed and 1,000 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (AAS) finish with a lower limit of 5ppb and upper limit of 10,000ppb.

Samples with gold assays greater than 10,000ppb are re-analyzed using 50g fire assay with gravimetric finish, as well as 1,000g screen metallic fire assay. Samples are also analyzed using a 49 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).