Barkerville Gold Mines LTD. announced positive results from the independent Preliminary Economic Assessment ("PEA") prepared in accordance with National Instrument 43-101 at its 100% owned Cariboo Gold Project located in the historic Wells-Barkerville mining camp (District of Wells), British-Columbia. The PEA provides a base case assessment of developing the project as an underground ramp- access mine with a gold pre-concentration plant in Wells and gold processing in its existing upgraded Quesnel River ("QR") mill.