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| | November 17, 2009 BRALORNE RECEIVES ASSAY RESULTS ON DRILLING THE UPPER BK ZONE BETWEEN THE 800 & 575 LEVELS
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| | Bralorne Gold Mines Ltd (the "Company") is pleased to report initial results from a surface diamond drilling program underway at its BK zone located between the historic Bralorne and King mines. The objectives of the program are to explore the upper part of the BK vein above the 800 level and test for parallel structures in the BK Gap. The upper BK vein is being targeted above the level at which the decline currently being developed will intersect the vein at the 575 level. A total of 12 holes have been completed to date of a planned 21 holes. All holes completed intersected alteration zones and quartz veins. Significant assays from the first eight holes are summarized in Table 1 below.
Table 1. Significant Drill Hole Assays
DDH |
From (m) |
To (m) |
Core Interval (m) |
True Width (m) |
Au (oz/ton) |
Au (g/T) |
Gold |
Comment |
Target |
SB09-149 |
172.1 |
173.0 |
0.9 |
0.6 |
1.269 |
43.51 |
|
Vein Zone (50% vein) |
BK |
SB09-149 |
176.2 |
176.9 |
0.8 |
0.5 |
0.167 |
5.73 |
|
Vein |
BK |
SB09-151 |
54.6 |
55.0 |
0.5 |
0.2 |
0.141 |
4.83 |
|
Vein |
Alhambra |
SB09-151 |
55.0 |
55.8 |
0.8 |
0.4 |
0.098 |
3.36 |
|
Vein Zone (50% vein) |
" |
SB09-151 |
178.7 |
179.2 |
0.5 |
0.2 |
0.277 |
9.50 |
VG |
Vein |
BK |
SB09-154 |
20.7 |
21.6 |
0.9 |
0.5 |
0.098 |
3.36 |
|
Alteration Zone |
Alhambra |
SB09-154 |
149.4 |
150.3 |
0.8 |
0.4 |
0.129 |
4.42 |
|
Vein |
BK |
SB09-154 |
192.0 |
192.9 |
0.9 |
0.5 |
0.137 |
4.70 |
|
Alteration Zone |
BK north? |
abbreviations: DDH = diamond drill hole; m = meter; Au = gold; oz/ton = troy ounce per short ton; g/T = grams per metric tonne; VG = visible gold.
The company considers all intercepts assaying 0.1 oz/ton Au or greater as significant, but cautions that these intercept data are preliminary in nature and not conclusive evidence of the likelihood of the occurrence of an economic mineral deposit. The location, length and orientations of the holes drilled to date are listed in Table 2. Collar positions will be revised slightly after they are transit surveyed. All holes are being surveyed down the hole using a Flexit multi-shot survey instrument.
Table 2. Drill hole locations according to the Bralorne mine grid (imperial units)
Hole |
Easting |
Northing |
Elevation |
Azimuth |
Inclination |
Depth (ft) |
SB09-149 |
6200 |
9270 |
4280 |
0 |
-45 |
1018 |
SB09-150 |
6400 |
9440 |
4320 |
0 |
-57 |
807.5 |
SB09-151 |
6400 |
9440 |
4320 |
0 |
-45 |
720 |
SB09-152 |
6400 |
9440 |
4320 |
180 |
-45 |
627 |
SB09-153 |
6600 |
9392 |
4339 |
0 |
-45 |
1000 |
SB09-154 |
6600 |
9392 |
4339 |
0 |
-54 |
710 |
SB09-155 |
6600 |
9392 |
4339 |
180 |
-45 |
410 |
SB09-156 |
6600 |
9550 |
4356 |
180 |
-62 |
975 |
SB09-157 |
6800 |
9345 |
4346 |
0 |
-45 |
893.5 |
SB09-158 |
6800 |
9345 |
4346 |
0 |
-55 |
753.5 |
SB09-159 |
6800 |
9345 |
4346 |
180 |
-80 |
328 |
SB09-160 |
7100 |
9270 |
4366 |
0 |
-56 |
880 |
abbreviations: ft = feet
All holes were drilled at NQ size and the recovered core was split for sample collection. One half of the core was sent for analysis and the other half has been kept and stored at the core facility located at the mine site. Samples were shipped to Eco Tech Laboratory Ltd. at Kamloops BC, and gold geochemical analyses were done by the fire assay method using a 1 assay ton charge. Quality control is being monitored by inclusion of reference standards and blank samples in 10% of the samples, and by repeat analyses on selected pulps. Additional analyses of selected samples will be done at second commercial laboratory as a further check. Assaying by the metallics screen assay method for coarse gold is being done for samples containing abundant visible gold. All assay rejects are being retained at the site for further analysis if required.
A total of 21 holes were designed for the 2009 program of which most are expected to be completed before winter conditions preclude efficient surface operations. The company plans to continue exploration activities over the winter with mine development of the BK and 51BFW veins, and underground diamond drilling.
Dr. Matt Ball, P.Geo., consultant, is the qualified person who prepared the technical information contained in this news release.
ON BEHALF OF THE BOARD
"William Kocken"
___________________________________
William Kocken
President & CEO
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. |
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