Bralorne Gold Mines Ltd.

Bralorne Gold Mines Ltd.

October 07, 2009 08:30 ET

Bralorne Receives Permit to Mine the 51B and Taylor Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2009) - Bralorne Gold Mines Ltd. ("The Company") (TSX VENTURE:BPM)(PINK SHEETS:BPMSF)(BERLIN:GV7)(FRANKFURT:GV7)(WKN:A0B75M) is pleased to announce that it has received the necessary permit approval from the Ministry of Energy, Mines and Petroleum Resources to commence new developments located on the unexplored Bralorne Pioneer gap.

Mobilization will commence immediately by building an access roadway for a new portal to be driven at the 400 level. This will be accompanied by driving a 228 meter access ramp from the surface to the 51B FW, Taylor veins (NI 43-101 Resource Calculation Dated: June 10, 2009).

(Table 1: NI 43-101 Resource Calculation)

Measured Inferred
-------- --------
Vein tons opt Tonnes g/T tons opt Tonnes g/T
Au Au Au Au
51BFW 10,545 0.350 9,566 12.00
King (blocks
8-1, 8-2) 4,872 0.273 4,420 9.35
51BFW (blocks
3-1 to 8-4) 58,579 0.321 53,142 11.01
51FW (4-1, 4-9,
5-1, 5-1E) 7,898 0.582 7,165 19.95
HW of 51BFW
(3-6 to 8-6) 22,683 0.926 20,578 31.74
Taylor 44,092 0.250 40,000 8.57
BK above 800
Level 4,282 0.620 3,884 21.26 6900 0.628 6,260 21.53
BK below 800
Level 4,603 0.620 4,176 21.27 11867 0.628 10,766 21.53
Total 19,430 0.473 17,627 16.24 156,892 0.437 142,330 14.98

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

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.


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.

Contact Information