Bralorne Development Drift Results Show 63.6 Metres Grading 59 g/t Gold Over 0.9 Metres in Upper BK3
Published : April 16, 2013
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 16, 2013) - Bralorne Gold Mines Ltd. (the "Company") (News - Market indicators)(OTCQX:BPMSF)(FRANKFURT:GV7) provides the following update of results at the Bralorne mine project located 240 km north of Vancouver, British Columbia, where the Company is exploring, developing and building a new gold mining operation.

BK-3 DEVELOPMENT UPDATE

Underground development is being done in the BK-3 zone to define the mineralized sections and prepare for stope mining. Three sublevels have been developed at 100 foot intervals, the 3700, 3800 and 3900 sublevels, named according to their elevations above sea level in feet. For clarity, this naming convention is different than in the historic Bralorne mine, where the levels are at 125 to 150 foot vertical intervals and are numbered sequentially downward from surface (1st through 45th level or 100 to 4500 level). The BK-3 sublevels 3900, 3800 and 3700 are situated above the main 800 mine level and would equate to historic mine levels 470,550 and 620 respectively. 

The 3900 sublevel was driven a total of 213 metres and encountered high grade mineralization over a strike length of 63.6 metres in its western part. Channel sample results for this section range up to 324.4 grams gold per tonne over 2.4 metres width (9.46 ounce per ton over 9.1 feet thickness), and average 59.0 grams gold per tonne uncut over 0.9 metres (1.72 ounce per ton over 2.8 feet thickness). The average grade over a 1.2 metre minimum width is 15.7 grams gold per tonne over 1.3 metres (with high assays cut to 103 grams per tonne or 3 ounce per ton). This section lies above the intercept in drill hole UB12-015 that averaged 409.5 grams gold per tonne over a 2.1 metre core interval (11.94 ounce gold per ton over 7.0 feet) that was announced in a news release dated December 17, 2012.

Channel sample results for the 3800 and 3700 sublevels were announced previously in a news release dated June 18, 2012. The 3800 sublevel was developed along strike a total of 183 metres, and high grade mineralization was encountered over a strike length of 160.0 metres that averaged 68.7 grams gold per tonne (un-cut) over 0.8 metres true thickness (525 feet grading ). The 3800 level is now being extended further westward to test beneath the mineralized section on 3900 sublevel.

The 3700 sublevel was driven a total of 118.9 metres and exposed two parallel veins. East of the cross-cut, the average grade of the main structure over a length of 64.0 metres is 16.9 grams gold per tonne (un-cut) over 0.6 metres true thickness (210 feet grading 0.493 ounce per ton over a 2.0 foot width). West of the cross-cut, the average grade of the main structure over a length of 64.0 metres is 22.2 grams gold per tonne (un-cut) over 0.7 metres width (210 feet grading 0.65 ounce per ton over 2.3 foot width). A parallel vein located 10 metres to the south was exposed over a length of 30.5 metres and averages 44.8 grams gold per tonne (un-cut) over 0.5 metres true thickness (100 feet grading 1.31 ounce per ton over a 1.6 foot width).

Several raises have now been competed between the sublevels and extraction drifts and draw points have been completed on the priority sections on 3700 and 3800 sublevels to provide access for mining. This work has enabled nine blocks to be outlined for mining so far, which could be sufficient for at least one year mill feed at the current milling rate. 

Thorough QA/QC protocols are followed on the project by monitoring the results of blank and standard samples inserted at a frequency of 1 in 20 each and re-analysis of check samples at a second laboratory. Drill core and underground channel samples are submitted for preparation and analysis at either ALS Laboratory Group in North Vancouver or SGS Laboratory in Vancouver, both of which are ISO certified and accredited. Gold analyses are conducted on 1 assay-ton aliquots using the fire assay method with a gravimetric finish. Metallic sieve assays are done on all mineralized vein samples. The project is under the technical supervision of Dr. Matt Ball, P.Geo., President and Chief operating Officer of the company and qualified person ("QP") as defined by National Instrument 43-101, who has reviewed the technical content of this release.

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

ON BEHALF OF THE BOARD

William Kocken, Chief Executive Officer

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.

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.

Bralorne Gold Mines Ltd.
William Kocken
Chief Executive Officer
604.682.3701
604.682.3600 (FAX)
ir@bralorne.com
www.bralorne.com

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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