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Bralorne Gold Mines Ltd

Published : June 14th, 2011

1st month results from gold production

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Keywords :   1971 | Debt | Diamond | Gold | Gold Mines | Recovery | Silver |

BRALORNE PRODUCES GOLD

Bralorne Gold Mines Ltd. (the �Company�) is pleased to announce the first successful milling results for its Bralorne mine operation located near Gold Bridge, British Columbia.

Milling operations began on a test basis in early April with the processing of low grade material from the stockpile. The mill was operated nearly continuously during May, with gravity and flotation concentrates being produced.  A total of 2252.57 tons (dry) were milled in May, with an average feed grade of 0.312oz/ton and a recovery of 93.52% Mill availability for the month was 84.2% Refined gravity concentrate was accumulated and the first gold bar (dore) was poured on May 27th which marked the official opening of the new Bralorne mine operation.  Assays indicate the dore bar contained 254 ounces of gold and 59 ounces of silver.  

EXPLORATION

Underground exploration development is progressing with extension of the BK decline from surface.  The decline will be driven approximately 300 meters to access the upper BK-3 mineralized zone, followed by drifting along the zone to establish the grade.  Sublevel and raise development are planned if positive results are received. 
 
The Diamond drilling program for 2011 has commenced with underground drilling to test the upward extent of the BK-800 zone and the lower part of the BK-3 zone.  Surface drilling is also planned to test for extensions to the upper BK-3 zone, and to explore for other mineralized shoots and parallel veins on the BK structure.  A total of 3300 meters in underground drilling and 4600 meters of surface drilling is planned.  The program may be extended if positive results are obtained.

Dr. Matt Ball, P.Geo., Chief Operating Officer for the Company, is the qualified person who prepared the technical information contained in this news release.

The Bralorne mine is located 150 air miles from Vancouver, BC. The Company is re-developing the former and very successful Bralorne, Pioneer and King gold mines. From 1928 to 1971, these three operations produced 4..15 million ounces of gold from 7.9 million tons of ore (equaling a grade of 0.53 ounces per ton). Bralorne, Pioneer and King represent the largest historic gold producers in the Canadian Cordillera. The Company remains well funded with no long-term or short-term debt.

For more information, please visit our website at:   www.bralorne.com


ON BEHALF OF THE BOARD


"William Kocken"

________________________________________
William Kocken, President & Chief Executive Officer


Neither 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 release. This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading �Risk Factors� and elsewhere in the Company�s periodic filings with Canadian securities regulators. Such information contained herein represents management�s best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.
.

Bralorne Gold Mines Ltd

EXPLORATION STAGE
CODE : BPM.V
ISIN : CA1050411075
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Bralorne Gold is a gold producing company based in Canada.

Its main exploration property is BRALORNE MINE in Canada.

Bralorne Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 5.6 millions as of today (US$ 4.9 millions, € 3.9 millions).

Its stock quote reached its highest recent level on December 30, 2005 at CA$ 3.10, and its lowest recent point on October 03, 2014 at CA$ 0.14.

Bralorne Gold has 28 510 000 shares outstanding.

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Annual reports of Bralorne Gold Mines Ltd
2008 Annual report
Annual Report 2007
Financings of Bralorne Gold Mines Ltd
5/24/2013Announces Cancellation of Convertible Debenture Financing
10/1/2009MGI securities brokered private placement 1st & 2nd closings
6/23/2009Closes $391,465 Non-brokered private placement
Option Grants of Bralorne Gold Mines Ltd
3/18/2013Announces Investor Relations Services Agreement
Project news of Bralorne Gold Mines Ltd
6/14/20111st month results from gold production
5/4/2011(Bralorne Mine)Starts 2011 Exploration Program
1/24/2011(Bralorne Mine)MILL PERMIT DRAFT RECEIVED
10/22/2009 2009 diamond drilling program commences to expand BK zone
6/10/2009(Bralorne Mine)Increases NI 43-101 resources to 77,750 ounces of Gold
2/9/2009(Bralorne Mine)DRILL RESULTS SHOW EXTENSIONS TO THE BK AND ALHAMBRA VEIN SY...
6/3/2008(Bralorne Mine)METALLURGICAL TESTING CONFIRMS BRALORNE'S MILL; IDEAL FOR PR...
12/31/2006(Bralorne Mine)2006 Technical report
Corporate news of Bralorne Gold Mines Ltd
10/17/2013Announces Results of Adjourned Annual General and Special Me...
10/9/2013Signs New 2014 Gold Concentrate Sales Contract
9/9/2013Surface Operations Resume at Bralorne
7/19/2013Operation Suspended
5/31/2013.: BCSC Notice of Hearing
4/24/2013Announces Convertible Debenture Financing of Up to $7.5 Mill...
4/16/2013Development Drift Results Show 63.6 Metres Grading 59 g/t Go...
3/25/2013.: Drifting on New Vein Discovery Averages 40.6 g/t Gold Ove...
11/8/2012.: BCSC Technical Disclosure Review
10/17/2012PEA Demonstrates a NPV of $6.4 Million for the Bralorne Oper...
10/1/2012Intersects 385.57 g/t Gold Over 1.2m at BK-3 Zone
4/4/2011Canada's Next Gold Producer - Bralorne Gold Mines Ltd. - BPM...
3/4/2011BRALORNE MOVES FORWARD TO START MILLING
8/16/2010Adjourned Annual General & Special Meeting to Friday, Septem...
10/7/2009recieves permit to mine the 51B and Taylor Zone
11/25/2008 RECEIVES PERMIT FOR DEVELOPMENT ON "UPPER BK VEIN"
9/17/2008News Release
1/8/2008Investor Digest
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