Bralorne Gold Mines Ltd

Published : March 04th, 2011

BRALORNE MOVES FORWARD TO START MILLING

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Keywords :   Gold | Gold Mine | Gold Mines |

BRALORNE MOVES FORWARD TO START MILLING

Bralorne Gold Mines Ltd. (the �Company�) is pleased to provide an update on underground exploration and development at the Bralorne- Pioneer Mine property, B.C.

Mining Development Update
Mining resumed on the BK and North veins on January 4.  On the BK vein, a total of 16 lifts of 1.8 meter height have been blasted to date, comprising about 2/3 of the target resource.  Assay results for the stope as of February 28 averaged 31.0 g/T gold (0.905 oz/ton) over 0.5 meters (1.8 ft) for the vein.  The average grade over the full mining width is 11.9 g /T gold (0.348 oz/ton) over 1.5 meters (5.1 ft. The broken inventory in the stope is estimated at 8,700 tonnes (9,600 tons) at an average grade of 12.3 g/T (0.36 oz/ton) gold. 

Mining was completed on the North vein, for an estimated total of 4,250 tonnes (4,685 tons) grading 14.4 g/T gold (0.419 oz/ton) mined and stockpiled at surface.


Stock Pile and Mill Start-up

Underground development material has been stockpiled at the surface for mill feed.  By the end of February, a total of 11,866 tonnes (13,080 tons) of material was stockpiled at an estimated average grade of 12.5 grams per tonne (0.365 oz/ton) gold.  The total to date of the stockpile plus the underground broken inventory currently stands at 20,500 tonnes (22,678 tons) at an estimated average grade of 12.4 grams per tonne (0.363 oz/ton) gold. 
The Company is very pleased to report that it is close to finalizing the permit from the Ministry of Environment.  Start-up of the mill is now planned following completion of service repairs that were initiated in last fall.

New BK3 Zone
Exploration development of the new BK-3 resource is planned to start shortly.  An exploration raise will be driven up on the vein from the main 800 level to define the grade in the lower part of the zone, while the decline that was collared in 2009 will be continued to intersect the zone at about the 575 Level. Drifting to the limits of the mineralization followed by raise and sublevel development is then planned to prepare for mining. 

Further surface and underground drill exploration will be done on the BK vein to define the limits of the BK3 zone and search for other mineralized shoots.  In addition, numerous other targets requiring drilling or development are being re-assessed throughout the 5 km strike length and 2 km vertical extent of the historic Bralorne-Pioneer gold mine.

Gold assays for mine development are being done at the on-site laboratory.  Assay quality is being achieved by assaying by the metallics method for all vein samples, and by the fire assay method using 1 assay ton charges for host rock assays and muck samples.  Quality control includes insertion of blank and standard samples at a frequency of 10%, and repeat assays of pulps at Ecotech Laboratory.

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.


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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