Barkerville Begins Shipping Gold Dore  

VANCOUVER, BC - Barkerville Gold Mines Ltd. reported that Kevin McMurren, Mine Manager has reported that gold dore bar shipments have commenced from the QR Mine & Mill site in central British Columbia to a precious metals refiner located in eastern Canada. The inaugural shipment left the mine site in the last week of October and contained six dore bars totaling approximately 60 kilograms from production that began in the second half of September.

The Company began full gold production in September 2010. Following the announced inaugural shipment, the Company now plans to ship gold dore bars on a weekly basis. Barkerville's plans are to be producing at an annual rate of 50,000 ounces within its first 12 months of combined production from QR Mine and the proposed Bonanza Ledge open pit (in permitting). Barkerville has not entered into any pre-arranged production sales agreements and none of the gold production is hedged. The Company has been developing its Cariboo Gold Project in Barkerville, B.C., which encompasses (from northwest to south east) the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine. The Company commenced operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,112 square km over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining. On February 2, 2010, the Company reported that it closed the acquisition of the QR Mine, Mill and its associated assets and began gold mining operations at the QR Mine. The company's address is 15th Floor, 675 West Hastings Street, Vancouver, BC V6B 1N2, (604) 669-6463, fax: (604) 669-3041