Barker Minerals Ltd. announced to provide an update from the 2011 drilling program on the near surface gold discovery on its 100% owned Frank Creek volcanogenic massive sulphide (VMS)/Gold project announced on April 13, 2012. The company previously announced that infill sampling and analysis on drill hole FC11-03 had identified a significant 22.45 meter wide zone from 13.0 meters to 35.45 meters which assayed 3.8 grams per ton (g/t) gold (0.11 oz/t). Within this zone concentrations of 4.95 g/t gold (0.14 oz/t) occurred over 14.95 meters from 13.0 meters to 27.95 meters.

Narrow higher grade intervals within the 22.45 meters include 41.4 g/t gold over 0.15 meters (1.20 oz/t) between 26.5 meters ­ 26.65 meters. The CRSM Standards samples came back as expected in the 2012 Black Bear Providence sample sets but a significant discrepancy in the pulp from a Frank Creek sample which was 0.15 meters in length and originally assayed >25 ppm by ICP-MS, 26.40 g/t by fire assay and 41.40 g/t by gravimetric fire assay. The two Frank Creek pulp samples when inserted in the Black Bear sample sets each returned >10 ppm (g/t) when analyzed by fire assay and 90.9 g/t and 29.5 g/t when analyzed by gravimetric fire assay respectively.

The significant discrepancy from the original 2011/2012 Frank Creek fire assay results of 26.4 g/t gold by fire assay and 41.4 g/t gold by gravimetric fire assay, to 90.9 g/t gold when the same pulp was re-analyzed for QA/QC in BB12-06 will be investigated as this could have important implications for the Frank Creek gold exploration programs in the future. If one replaces the .15 meter 41.4 g/t gold as announced on April 13, 2012 with the recent assay result 90.9 g/t gold the uncut intercept increases from 3.80 g/t gold to 5.35 g/t gold over the 22.45 meters.