/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
VANCOUVER, May 4, 2020 /CNW/ - Barrian Mining Corp.
("Barrian" or the "Company") (TSX-V: BARI, OTCQB:
BARRF, FSE: BM5) is pleased to provide an update on its current
purchase option transaction with Liberty Gold Corp.
("Liberty Gold") with respect
to the Kinsley Mountain Carlin Style Gold Project, located south of
the Nevada Gold Mines LLC Long Canyon Gold Mine. Barrian intends to
complete a non-brokered private placement (the "Private
Placement") for aggregate gross proceeds of a minimum of
$7,500,000 and a maximum of
$10,000,000. The Private Placement
will consist of units at a price of $0.22 per unit. In connection with the Private
Placement, Barrian has amended the previously announced purchase
option agreement (see news release dated December 2, 2019) and reduced the initial payment
to Liberty Gold.
At the completion of the Private Placement, Barrian plans to
undertake exploration on its projects to:
- Expand and advance the Kinsley Mineral Resource by focusing on
high-grade drill targets along the Secret Canyon Shale and
Dunderberg Shale areas; and
- Advance the Bolo Gold-Silver Project through step-out drilling
to develop a potential mineral resource estimate.
Kinsley Mountain Gold Project
The updated Kinsley
Mountain resource estimate, having an effective date of
January 15, 2020, completed by
Mike Gustin, Ph.D., CPG, and
prepared in accordance with Canadian National Instrument 43-101 –
Standards for Disclosure for Mineral Projects, comprises
4.948 million tonnes containing 418,000 indicated ounces of gold at
a grade of 2.63 grams Au/t and 2.438 million tonnes containing
117,000 inferred ounces at a grade of 1.51 grams
Au/t1.
At Kinsley, two sedimentary units, the Dunderburg Shale and
Secret Canyon Shale, host gold mineralization. The primary
target for high grade gold mineralization is the Secret Canyon
Shale, as exemplified by the West Flank Zone, which contains a
subset of the indicated resource of 1.249 million tonnes containing
265,000 ounces gold at an average grade of 6.61 grams Au/t.
____________________________
|
1
|
Gustin et al. (2020)
Technical Report and Updated Estimate of Mineral Resources for the
Kinsley Project, Elko and White Pine Counties, Nevada, USA,
Effective January 15, 2020 and Dated February 21, 2020 is available
on www.sedar.com
|
Secret Canyon Shale Target
Historical drill results
from the West Flank Zone hosted by in the Secret Canyon Shale
include:
Hole ID (Az,
Dip)
(degrees)
|
From
(m)
|
To
(m)
|
Intercept1
(m)
|
Au
(g/t)
|
Au
Cut-Off
(g/t)
|
Hole
Depth
(m)
|
Zone
|
Host
Rock
|
PK091CA (090,
-70)
|
159.0
|
161.8
|
2.9
|
1.46
|
0.2
|
291.7
|
Western
Flank
|
Dunderberg
|
and
|
231.5
|
233.8
|
2.3
|
0.71
|
0.2
|
and
|
255.1
|
291.7
|
36.6
|
8.53
|
0.2
|
Secret Cyn
|
including
|
276.5
|
284.0
|
7.6
|
29.4
|
5.0
|
Shale
|
|
|
|
|
|
|
|
|
|
PK127C2
(090, -66)
|
137.8
|
140.4
|
2.6
|
0.57
|
0.2
|
389.2
|
Western
Flank
|
Dunderberg
|
and
|
233.8
|
236.8
|
3.0
|
0.37
|
0.2
|
|
and
|
268.8
|
270.4
|
1.5
|
0.68
|
0.2
|
|
and
|
276.5
|
318.1
|
41.7
|
6.85
|
0.2
|
Secret Cyn
|
incl
|
282.5
|
287.1
|
4.6
|
8.50
|
5.0
|
Shale
|
incl
|
301.0
|
309.5
|
8.5
|
16.3
|
5.0
|
|
incl
|
314.6
|
318.1
|
3.6
|
20.5
|
5.0
|
|
|
|
|
|
|
|
|
|
|
PK131C (110,
-72)
|
229.2
|
232.3
|
3.0
|
0.36
|
0.2
|
398.4
|
Western
Flank
|
Secret Cyn
Shale
|
and
|
247.5
|
249.0
|
1.5
|
0.68
|
0.2
|
and
|
262.7
|
305.4
|
42.7
|
10.5
|
0.2
|
incl
|
276.5
|
299.3
|
22.9
|
18.3
|
5.0
|
|
|
|
|
|
|
|
|
|
PK132C
(-90)
|
172.8
|
174.3
|
1.5
|
1.46
|
0.2
|
456.9
|
Western
Flank
|
Secret Cyn
Shale
|
and
|
249.6
|
303.0
|
53.3
|
7.53
|
0.2
|
incl
|
257.3
|
259.5
|
2.3
|
18.1
|
5.0
|
incl
|
269.4
|
292.3
|
22.9
|
14.9
|
5.0
|
and
|
324.3
|
331.9
|
7.6
|
4.67
|
0.2
|
incl
|
327.1
|
328.9
|
1.8
|
13.7
|
5.0
|
|
|
|
|
|
|
|
|
|
PK133C (270,
-77)
|
206.3
|
210.9
|
4.6
|
0.46
|
0.2
|
413.6
|
Western
Flank
|
Dunderberg
|
and
|
246.0
|
247.5
|
1.5
|
0.67
|
0.2
|
Secret Cyn
|
and
|
310.0
|
340.0
|
30.0
|
10.6
|
0.2
|
Shale
|
incl
|
322.2
|
338.6
|
16.5
|
16.1
|
5.0
|
|
|
|
|
|
|
|
|
|
|
PK137C** (120
-80)
|
253.9
|
282.9
|
29.0
|
21.3
|
0.2
|
282.8
|
Western
Flank
|
Secret Cyn
Shale
|
incl
|
259.7
|
264.6
|
4.9
|
46.4
|
5.0
|
incl
|
270.5
|
281.9
|
11.4
|
32.7
|
5.0
|
|
|
|
|
|
|
|
|
|
PK137CA3 (120, -80)
|
253.3
|
292.0
|
38.7
|
15.6
|
0.2
|
346.9
|
Western
Flank
|
Secret Cyn
Shale
|
incl
|
259.4
|
281.3
|
21.9
|
26.2
|
5.0
|
|
|
|
|
|
|
|
|
|
PK175CA (255,
-78)
|
189.6
|
197.2
|
7.6
|
0.54
|
0.2
|
398.4
|
Western
Flank
|
Hamburg
|
and
|
241.4
|
244.4
|
3.0
|
0.75
|
0.2
|
Secret
|
and
|
287.1
|
332.8
|
45.7
|
6.19
|
0.2
|
Canyon
|
including
|
299.9
|
319.1
|
19.2
|
13.8
|
5.0
|
|
|
|
|
|
|
|
|
|
|
PK186C (030,
-79)
|
212.4
|
226.5
|
14.0
|
1.53
|
0.2
|
422.8
|
Western
Flank
|
Dunderberg
|
and
|
252.4
|
256.6
|
4.3
|
0.36
|
0.2
|
and
|
273.4
|
313.0
|
39.6
|
10.1
|
0.2
|
Secret
Canyon
Shale
|
incl
|
283.8
|
305.4
|
21.6
|
17.4
|
5.0
|
|
|
|
|
|
|
|
|
|
|
PK187C (145,
-81)
|
133.8
|
140.5
|
6.7
|
3.09
|
0.2
|
364.8
|
Western
Flank
|
Dunderberg
|
and
|
252.1
|
258.2
|
6.1
|
0.43
|
0.2
|
Secret
|
and
|
262.7
|
293.2
|
30.5
|
6.05
|
0.2
|
Canyon
Shale
|
incl
|
274.3
|
282.5
|
8.2
|
8.10
|
5.0
|
|
|
|
1
|
True widths of the
mineralized intervals are interpreted to be between 60-90% of the
reported lengths.
|
2
|
Reportable intercepts
for PK126C and PK127C were revised slightly by increasing the
minimum g/t*m in order to eliminate smaller and lower grade
intervals. One additional "including" intercept was added to the
table in PK127C.
|
3
|
PK 137C was lost near
the bottom of the mineralized zone due to poor ground conditions
higher in the hole. PK137CA was wedged off the same hole from above
the mineralized zone using NQ tools and was completed through the
mineralized zone immediately adjacent to PK137C.
|
Exploration in the Secret Canyon Shale by Liberty Gold focused on the West Flank Zone
which remains open for extension to the east and west. The
Secret Canyon Shale underlies the entire property at depth, with
very few tests of the target and excellent potential for new
discoveries in the same host rock horizon. For example, hole PK153,
drilled 2 km to the south of the Western Flank Zone, yielded the
following intercept:
Hole ID (Az,
Dip)
(degrees)
|
From
(m)
|
To
(m)
|
Intercept1
(m)
|
Au
(g/t)
|
Au
Cut-Off
(g/t)
|
Hole
Depth
(m)
|
Zone
|
Host
Rock
|
PK153 (0,
-90)
|
411.5
|
437.4
|
25.9
|
1.34
|
0.2
|
518.2
|
Secret
Spot
|
Secret Cyn
Shale
|
and
|
443.5
|
457.2
|
13.7
|
1.09
|
0.2
|
incl
|
451.1
|
452.6
|
1.5
|
5.03
|
5.0
|
and
|
469.4
|
475.5
|
6.1
|
0.21
|
0.2
|
and
|
477.0
|
483.1
|
6.1
|
3.02
|
0.2
|
incl
|
480.1
|
481.6
|
1.5
|
6.01
|
5.0
|
|
|
1
|
True widths of the
mineralized intervals are interpreted to be between 60-90% of the
reported lengths
|
Secret Canyon Target – Growth and Advancement
Opportunities
- High Grade mineralization occurs in structural corridors
where they intercept the Secret Canyon Shale. The Secret Canyon
Shale underlies the entire property at depth, with very few tests
outside of the Western Flank Zone.
- Initial metallurgical test results which yielded gold
recoveries ranging from 89 - 95% and concentrate grades between
98.6 and 312 grams Au/t demonstrate the amenability of high-grade
mineralization from the Secret Canyon shale to produce a high-grade
concentrate.
Dunderberg Shale Target
The Dunderberg Shale occurs
stratigraphically above the Secret Canyon Shale. Historical
production at Kinsley Mountain was sourced in the Dunderberg Shale,
with 138,000 ounces averaging 1.4 g/t Au produced from a run of
mine oxide heap leach operation during a period of historically low
gold prices. Near surface oxide gold targets remain in this
target horizon
Liberty Gold extended oxide
mineralization down dip of the historical pits, including the
following intercepts:
Hole ID (Az,
Dip)
(degrees)
|
From
(m)
|
To
(m)
|
Intercept1
(m)
|
Au
(g/t)
|
Au
Cut-Off
(g/t)
|
Hole
Depth
(m)
|
Zone
|
Host
Rock
|
PK014C (270,
-50)
|
94.5
|
114.9
|
20.4
|
5.48
|
0.2
|
126.5
|
Main
|
Dunderberg
|
incl
|
97.5
|
103.0
|
5.5
|
16.43
|
5.0
|
|
|
|
|
|
|
|
|
|
PK001C (0,
-90)
|
88.5
|
105.3
|
16.8
|
1.64
|
0.2
|
215.5
|
Main
|
Dunderberg
|
|
|
|
|
|
|
|
|
|
PK002C (90,
-68)
|
111.7
|
120.4
|
8.7
|
6.23
|
0.2
|
215.5
|
Main
|
Dunderberg
|
incl
|
117.4
|
120.4
|
3.1
|
12.05
|
5.0
|
and
|
131.7
|
135.0
|
3.4
|
0.33
|
0.2
|
|
|
|
|
|
|
|
|
|
PK003C (0,
-90)
|
102.7
|
110.2
|
7.5
|
6.75
|
0.2
|
282.6
|
Main
|
Dunderberg
|
incl
|
107.0
|
110.2
|
3.2
|
13.52
|
5.0
|
|
|
|
|
|
|
|
|
|
PK031C (100,
-85)
|
31.1
|
59.9
|
28.8
|
0.92
|
0.2
|
163.7
|
Main
|
Dunderberg
|
|
|
1
|
True widths of the
mineralized intervals are interpreted to be between 60-90% of the
reported lengths
|
Maximilian Sali, CEO of Barrian
comments "We would like to welcome Mr. Cal Everett to our Advisory Board as a senior
financial advisor to the Company. We are pleased to also welcome
Liberty's technical team in assisting Barrian with the selection of
drill targets at Kinsley. Liberty will become Barrian's largest
shareholder owning 9.9% following the close of this transaction.
Previous historical drill intercepts at the Secret Canyon Shale
zones which we will be targeting in our 2020 drill program include
36.6m of 8.53 g/t, 29.0m of 21.3 g/t, 11.4m of 32.7 g/t and 21.6m of 17.4 g/t. Liberty Gold's technical team will assist
Barrian with choosing drill targets for this program and we hope to
achieve similar results. With a rising gold price at multi year
highs we believe that we can create significant shareholder value
through the drill bit at Kinsley."
Amended Option Agreement
The previously announced
purchase option agreement dated November 29,
2019 (see news release dated December
2, 2019) between Liberty Gold
and Barrian has been amended (the "Amended Option
Agreement").
In order to exercise the option to acquire Liberty Gold's interest (the "Option") in
Kinsley Gold LLC (the "JVCO"), a limited liability company
holding ownership and leasehold rights in and to 513 unpatented
claims and 5 leased patented claims, covering 4,187 hectares, known
as the "Kinsley Mountain Project", located in southeast
Elko County, Nevada, Barrian
must issue common shares and make certain cash payments as
follows:
(a)
|
pay USD$1,250,000
(previously USD$2,500,000) in cash, pay USD$124,570 in respect of
certain bonds/insurance relating operations on the Kinsley Mountain
Project and issue 9.9% of common shares (post-Consolidation and
post-financing) of Barrian (previously 2,000,000 common shares)
("Initial Payments");
|
(b)
|
pay USD$2,500,000 in
cash on or before the first anniversary of the final approval of
the transaction by the Exchange; and
|
(c)
|
issue USD$2,500,000
of common shares of Barrian on or before the second anniversary of
the final approval of transaction by the Exchange.
|
The Initial Payment common shares will be subject to a voluntary
12-month hold period from the date of issuance. Liberty Gold will also be granted anti-dilution
rights in future equity financings of Barrian.
Upon Barrian exercising the Option, Liberty Gold shall have a 1% NSR royalty, on the
percentage amount of the JVCO that is owned and controlled by
Barrian, of all proceeds received by Barrian attributable to the
production and sale of all products produced from the Kinsley
Mountain Project (which NSR may be reduced to 0.5% by Barrian
paying USD$500,000 in cash).
The Amended Option Agreement is subject to a number of terms and
conditions, including (among other things), closing of a financing
(see below), and the final approval of the Exchange. Nevada Sunrise
Gold Corp. has waived its right of first refusal in respect of the
transfer by Liberty Gold of its
interest in Kinsley Gold LLC.
In connection with this transaction, Barrian has agreed to pay a
finder's fee of 800,000 Units (as defined below) to Request Equity
Corp., subject to Exchange approval.
Prior to closing the financing and the proposed transaction with
Liberty Gold, Barrian intends to
complete a consolidation on the basis of two (2) pre-consolidation
shares for one (1) post-consolidation share (the
"Consolidation").
It is anticipated that trading of the Company's shares will
remain halted until completion of the transaction.
Advisory Board
Barrian is pleased to announce that it
has created an advisory board with respect to the proposed
acquisition by the Company of Liberty Gold Corp.'s interest in the
Kinsley Mountain gold project to put Barrian in a position of
strength to significantly increase shareholder value with the
exploration program at Kinsley Mountain. At the closing of the
transaction, Barrian will appoint Mr. Cal
Everett to Barrian's advisory board as senior financial
advisor.
Liberty Gold's exploration team
will also assist Barrian with drill target selection.
About Cal Everett,
B.Sc.
Mr. Everett is a geologist with more than 14 years of
surface and underground exploration experience with senior mining
companies. He moved to the financial sector in 1990, and spent 12
years with BMO Nesbitt Burns focused on resource equities, and
seven years with PI Financial Corp. in senior resource
institutional sales and capital markets. From 2008 to 2015, he was
President and Chief Executive Officer of Axemen Resource Capital.
Mr. Everett holds a Bachelor of Science degree in Economic Geology
from the University New Brunswick. Mr. Everett is currently
Chief Executive Officer and President and a director of Liberty
Gold Corp.
Future Board and Management Additions
Liberty Gold and Barrian will work jointly to
attract senior management to Barrian and select a VP-Exploration
with Carlin Style sediment hosted
gold experience.
Financing Update
The previously announced engagement
with Sprott Capital Partners LP has been terminated by mutual
consent.
Barrian intends to complete a non-brokered private placement
(the "Private Placement") for aggregate gross proceeds of a
minimum of $7,500,000 and a maximum
of $10,000,000. The Private Placement
will consist of units (each a "Unit") at a price of
$0.22 per Unit.
Each Unit will consist of one common share of the Company
("Shares") and one transferable common share purchase
warrant of the Company ("Warrants"). Each Warrant will
entitle the holder to acquire one Share at a price of C$0.30 per Share for a period of three years
following the closing of the Private Placement.
Proceeds raised from the Private Placement will be used to make
the Initial Payments, to fund its maintenance and exploration costs
on its properties, and for general working capital purposes.
The Private Placement is subject to TSX Venture Exchange
approval and all securities issued are subject to a four month hold
period. Finder's fees will be payable in connection with the
Private Placement, all in accordance with the policies of the TSX
Venture Exchange and applicable securities laws.
About Barrian Mining Corp.
Barrian Mining Corp. is a
gold exploration company focused on acquiring and advancing
precious metal projects in the United
States. Barrian's flagship Bolo Project, located 90 km
northeast of Tonopah Nevada, hosts
Carlin type gold mineralization. Barrian also has the option to
acquire 100% of the Troy Canyon Project located in Nevada. Barrian is run by a strong management
and technical team consisting of capital market and mining
professionals with the goal of maximizing value for shareholders
through new mineral discoveries, committed long-term partnerships,
and the advancement of exploration projects in geopolitically
favourable jurisdictions. Barrian trades on the TSXV under the
ticker symbol "BARI", on the OTC markets under the symbol "BARRF"
and on the German (Frankfurt)
exchanges using the ticker symbol "BM5".
Methodology and QA/QC
Drill composites were calculated
using a cut-off of 0.20 g/t. Drill intersections are reported as
drilled thicknesses. True widths of the mineralized intervals are
interpreted to be between 60-90% of the reported lengths. Drill
samples were assayed by ALS Global (ALS) in Reno, Nevada for gold by Fire Assay of a 30
gram (1 assay ton) charge with an AA finish, or if over 5.0 g/t
were re-assayed and completed with a gravimetric finish. For these
samples, the gravimetric data were utilized in calculating gold
intersections. Quality assurance/quality control (QA/QC) for all
drill samples consists of the insertion and continual monitoring of
numerous standards and blanks into the sample stream and the
collection of duplicate samples at random intervals within each
batch. Selected holes are also analyzed for a 51 multi-element
geochemical suite by ICP-MS. ALS is an ISO-IEC 17025:2017 and ISO
9001:2015 accredited geoanalytical laboratory and is independent of
the Barrian and the QP. Barrian detected no significant QA/QC
issues during review of the data. Barrian is not aware of any
drilling, sampling, recovery or other factors that could materially
affect the accuracy or reliability of the data referred to
herein.
Qualified Person
The scientific and technical
information contained in this news release as it relates to the
Kinsley Mountain Gold Project has been reviewed and approved by
Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX
Geoscience Ltd. of Edmonton, AB
and a Director of Barrian and a "Qualified Person" as defined in
National Instrument 43-101 – Standards of Disclosure for
Mineral Projects. Mr. Raffle verified the data disclosed
which includes a review of the analytical and test data underlying
the information and opinions contained therein.
On behalf of the Board of Directors,
/s/ "Max Sali"
Max Sali, Chief Executive
Officer
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 news release.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy nor shall there be any sale of any
of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful, including any of the
securities in the United States of
America. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the "1933 Act") or any state securities laws and
may not be offered or sold within the
United States or to, or for account or benefit of, U.S.
Persons (as defined in Regulation S under the 1933 Act) unless
registered under the 1933 Act and applicable state securities laws,
or an exemption from such registration requirements is
available.
Forward Looking Information
This news release includes certain statements that constitute
"forward-looking information or statements" within the meaning of
applicable securities law, including without limitation, completing
the Private Placement, completing the Consolidation, obtaining TSX
Venture Exchange approval for the proposed transaction with Liberty
Gold Corp., conducting exploration work on its projects, other
statements relating to the technical, financial and business
prospects of the Company and its properties, and other matters.
There can be no assurance that the proposed transaction with
Liberty Gold will be completed or,
if completed, will be successful.
Forward-looking statements address future events and conditions
and are necessarily based upon a number of estimates and
assumptions. These statements relate to analyses and other
information that are based on forecasts of future results,
estimates of amounts not yet determinable and assumptions of
management. Any statements that express or involve discussions with
respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance (often, but
not always, using words or phrases such as "expects" or "does not
expect", "is expected", "anticipates" or "does not anticipate",
"plans", "estimates" or "intends", or stating that certain actions,
events or results "may", "could", "would", "might" or "will" be
taken, occur or be achieved), and variations of such words, and
similar expressions are not statements of historical fact and may
be forward-looking statements. Forward-looking statement are
necessarily based upon a number of factors that, if untrue, could
cause the actual results, performances or achievements of the
Company to be materially different from future results,
performances or achievements express or implied by such statements.
Such statements and information are based on numerous assumptions
regarding present and future business strategies and the
environment in which the Company will operate in the future,
including the price of metals, anticipated costs and the ability to
achieve goals, that general business and economic conditions will
not change in a material adverse manner, that financing will be
available if and when needed and on reasonable terms, and that
third party contractors, equipment and supplies and governmental
and other approvals required to conduct the Company's planned
exploration activities will be available on reasonable terms and in
a timely manner. While such estimates and assumptions are
considered reasonable by the management of the Company, they are
inherently subject to significant business, economic, competitive
and regulatory uncertainties and risks.
Forward-looking statements are subject to a variety of risks and
uncertainties, which could cause actual events, level of activity,
performance or results to differ materially from those reflected in
the forward-looking statements, including, without limitation: (i)
risks related to gold and other commodity price fluctuations; (ii)
risks and uncertainties relating to the interpretation of
exploration results; (iii) risks related to the inherent
uncertainty of exploration and cost estimates and the potential for
unexpected costs and expenses; (iv) that resource exploration and
development is a speculative business; (v) that the Company may
lose or abandon its property interests or may fail to receive
necessary licences and permits; (vi) that environmental laws
and regulations may become more onerous; (vii) that the
Company may not be able to raise additional funds when necessary;
(viii) the possibility that future exploration, development or
mining results will not be consistent with the Company's
expectations; (ix) exploration and development risks, including
risks related to accidents, equipment breakdowns, labour disputes
or other unanticipated difficulties with or interruptions in
exploration and development; * competition; (xi) the potential for
delays in exploration or development activities or the completion
of geologic reports or studies; (xii) the uncertainty of
profitability based upon the Company's history of losses; (xiii)
risks related to environmental regulation and liability; (xiv)
risks associated with failure to maintain community acceptance,
agreements and permissions (generally referred to as "social
licence"); (xv) risks relating to obtaining and maintaining all
necessary government permits, approvals and authorizations relating
to the continued exploration and development of the Company's
projects; (xvi) risks related to the outcome of legal actions;
(xvii) political and regulatory risks associated with mining and
exploration; (xix) risks related to current global financial
conditions; and (xx) other risks and uncertainties related to the
Company's prospects, properties and business strategy. These risks,
as well as others, could cause actual results and events to vary
significantly.
Factors that could cause actual results to differ materially
from those in forward looking statements include, but are not
limited to, continued availability of capital and financing and
general economic, market or business conditions, the loss of key
directors, employees, advisors or consultants, adverse weather
conditions, increase in costs, equipment failures, litigation,
exchange rate fluctuations, failure of counterparties to perform
their contractual obligations and fees charged by service
providers. Investors are cautioned that forward-looking statements
are not guarantees of future performance or events and, accordingly
are cautioned not to put undue reliance on forward-looking
statements due to the inherent uncertainty of such statements. The
forward-looking statements included in this news release are made
as of the date hereof and 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,
except as expressly required by applicable securities
legislation.
SOURCE Barrian Mining Corp.