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Barkerville Gold faces class action lawsuit seeking C$9.9M

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Barkerville Gold faces class action lawsuit seeking C$9.9M

saidApril 8 that it has been served with a proposed class action lawsuit that hasbeen commenced at the Ontario Superior Court of Justice relating to an Aug. 12,2012, technical report. The lawsuit concerns a mineral resource estimate forthe Cariboogold project.

The lawsuitalso names James Francis Callaghan, former president and CEO of Barkerville,former CFO Minaz Dhanani, Peter George and his consulting company Geoex Ltd.

Therepresentative plaintiff is requesting C$9.9 million in damages based onalleged misrepresentations in violation of Canadian securities regulatoryrequirements relating to the mineral resource estimate that was announced June28, 2012, and incorporated into various disclosure documents.

Barkerville also said that it has retained a counsel and that it intendsto vigorously defend its interest and protect its rights.