Bralorne Gold Mines Ltd.

Bralorne Gold Mines Ltd.

May 17, 2010 13:00 ET

Bralorne Gold Mines Ltd.: New Assay Results From BK Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2010) - Bralorne Gold Mines Ltd. (the "Company") (TSX VENTURE:BPM)(PINK SHEETS:BPMSF)(BERLIN:GV7)(FRANKFURT:GV7)(WKN:A0B75M) is pleased to report on results from exploration at its Bralorne Pioneer Mine property, where underground development exploration of the BK vein is currently underway with promising results.

BK Vein

Stoping commenced in April on the BK vein to extract the zone explored earlier this year by raise development. Following completion of an extraction drift and draw points, shrinkage stoping was initiated on April 15 and the first lift was completed on April 30. Preliminary results from the on-site laboratory for 39 assay traverses spaced at 2.4 m over 97 meters of strike length show the grade of the vein ranges from 1.1 to 266.5 g/T Au (0.032 to 7.77 oz/ton) with an average un-cut grade of 34.6 g/T Au (1.008 oz/ton) over a true width of 0.7 meters (2.4 feet). The average cut grade of the vein is 30.9 g/T Au (0.902 oz/ton) using the historic empirical cutting procedure (> 3.0 oz/ton cut to 3.0 oz/ton). The average (cut) grade of the lift estimated from the chip samples is 18.0 g/T Au (0.524 oz/ton) over an average mining width of 1.5 meters (4.8 feet). This first lift is estimated to have broken approximately 1400 short tons of ore grade material. Approximately 25% of this material or the "swell", which corresponds to the expanded volume of material after blasting, will be extracted and stockpiled on surface before the next lift is taken. The stope walls are competent, with spit sets being installed routinely for ground support. Overall, the results confirm the grade, continuity, and ground conditions as estimated from the exploration drift and raise development.

Underground chip and muck samples are collected by employees of the company and preliminary assays are performed by employees at the on-site assay laboratory. The fire assay procedure is followed using the metallic screen assay method for vein samples and 1 assay ton charge fire assays on wall rock samples. The metallic assay method is being used routinely to address assay variability in high grade samples due to the nugget effect caused by coarse particulate gold. Check samples are regularly submitted to Eco Tech Laboratories in Kamloops for verification at a frequency of 10%. Final assay results are pending check assay confirmation.

North Vein

Exploration is also underway on the North vein in the former King mine. Currently, an extraction drift is being driven in the footwall after which raises will be driven to access the vein above old workings, followed by sublevels to explore the vein. The target is a historic resource block that extends over a strike length of 85 meters (280 feet) from the 800 to the 700 Level (a dip length of 36 meters or 120 feet) with a nominal mining width of 1.5 meters (5.0 feet).

Dr. Matt Ball, P.Geo., Chief Operating Officer, is the Qualified Person responsible for the technical information contained in this news release.

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William Kocken, President & 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.

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