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| | June 10, 2009
BRALORNE INCREASES NI 43-101 RESOURCE
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| | Bralorne Gold Mines Ltd is pleased to report receipt of a National Instrument 43-101 Technical Report on its Bralorne Pioneer Mine property. The report was prepared by Dr. Matt Ball, P.Geo., an independent consultant, and contains an updated resource estimate for the property that includes an estimate for the new BK Zone. The total contained gold is estimated at 77,750 ounces/2,418,365 grams (Measured= 9,200oz / 286,262g & Inferred = 68,550oz / 2,132,103g). All of the resources are located above the 800 Level drift, with the exception of part of the BK Zone.
Table 1 Summary of Resource Calculation:
http://www.bralorne.com/i/pdf/Bralorne 2009_Ball.pdf
Abbreviations: Au = gold; g/T = grams per metric tonne; m = meter
The BK estimate (Measured: 8,061 tonnes grading 21.27 grams per tonne gold, plus Inferred: 17,026 tonnes grading 21.53 grams per tonne gold) was done using a classical polygonal approach following the methods empirically developed and reconciled with production at the historic Bralorne mine, which operated for over 40 years and produced more than 4.2 million ounces of gold.
The resource grade is based on face chip samples collected in the 800 Level BK drift that was developed in 2008, and the block limits are based on the results of in-fill drilling completed from underground in 2007. The original assays from underground and drill core samples have been verified by check sampling conducted by Dr. Ball and assayed at Assayers Canada in Vancouver, and also by check assaying of re-splits and re-samples done on behalf of BPM at Eco-Tech Laboratory in Kamloops, BC.
Further work is also recommended to address the substantial list of historical resource blocks and otherwise NI 43-101 non-compliant resource blocks that are currently not included in the mineral inventory. The overall objective of the recommended work is to increase the mineral resource inventory to a practical level that could lead to a production decision.
To view the technical report and further recommendations:
http://www.bralorne.com/s/TechReport.asp
Dr. Matt Ball, P.Geo. is the qualified person who prepared the technical information contained in this news release.
ON BEHALF OF THE BOARD
"William Kocken"
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William Kocken,
President |
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