Bralorne Gold Mines Ltd

Published : October 22nd, 2009

2009 diamond drilling program commences to expand BK zone

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Keywords :   1971 | Gold Mines |

 

"CLICK HERE FOR BPM.V MARKET UPDATE"

TSX Venture:  BPM
OTCBB: 
BPMSF
Frankfurt/Berlin:
WKN A0B75M

52-week range:     $0.35 - $1.09
Shares Outstanding: 20,464,711

Investor Relations: 604.682.3701

 

 


2009 DIAMOND DRILL PROGRAM COMMENCES TO EXPAND BK ZONE

 

Bralorne Gold Mines Ltd (�The Company�) is pleased to announce that it has received permit approval from the Ministry of Energy, Mines and Petroleum Resources to commence a diamond drill program of 21 holes over 4200 meter on the unexplored portions of the Bralorne-King Gap, commonly known as the BK zone.  The BK zone was identified in 2006 from a surface diamond drill exploration program that intercepted 364 g/Au over .335 meters and 12 meters below was another 224 g/Au over .335 meters (News Release Dated: July 26, 2006)  


The purpose of the program is defined below:

  1. Further define the BK vein above the 800 Level.  A number of diamond drill holes were designed to test the vein above the sublevel currently being developed at the 575 Level and to test extensions to the east and west.
  2. Test parallel structures such as the Alhambra vein and other inferred structures lying both south and north of the BK vein, above 800 Level.  This will allow us to confirm the three new interpreted vein structures and test their resource potential.
  3. Test for new structures extending from or between intercepts, in the under-explored BK Gap area above 800 Level and south of Alhambra structure.


For further detailed diagrams of this exploration program, please feel free to visit our website:

http://www.bralorne.com/s/Development.asp

 

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 129 million grams of gold from 7.9 million tons of ore (equaling a grade of 16 grams 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.



ON BEHALF OF THE BOARD

�William Kocken�
___________________________________
William Kocken,
President & Chief Executive Officer


This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

 

 

 

.

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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