Bralorne Gold Mines Ltd.


Bralorne Gold Mine Ltd. currently occupies 2,490 hectares (5,478 acres) of rich gold property located 150 air miles from Vancouver, British Columbia. Accessible by paved roads; only 241 km -- about 5 hours north from Vancouver with a full infrastructure in place. Local labor pool and supplies in the near area allow a quick response to exploration and development programs.

Bralorne Gold Mines Ltd. is exploring the historic Bralorne-Pioneer gold mine property with the aim of establishing mineral resources to justify a new mine operation. Recent success in one of the boundary gap areas between the historic Bralorne and King mines resulted in additional resources being identified.

The Bralorne-Pioneer gold mine was a major gold producer for over 40 years, with a recorded production of in excess of 4 million ounces of gold. The mine shut in 1971 down at a time of low gold price, and would not have shut down at today's metal price. The mine was developed on a classic gold quartz vein deposit, comparable in geological aspects to major gold deposits such as those in the well-known Timmins, Kirkland Lake, Red Lake, Yellowknife, Motherlode and Kalgoorlie districts. The mine developed on rich gold-quartz veins that were followed from surface to over 6500 feet (2000 meters) depth. Virtually no exploration was conducted over the life of the mine because the ore veins were extremely persistent and relatively easy to develop.

After closure, exploration programs consisting of diamond drilling and underground rehabilitation were conducted. The most significant of these was done by Corona Corporation and its predecessor company prior to Corona becoming involved in development projects elsewhere.

Bralorne Gold Mines Ltd. acquired control of all of the historic mine properties starting in 1973 and culminating in 2002. During that time, new discoveries were made using geochemical surveys, the most significant of which is the Peter vein on the historic Cosmopolitan mine property. A start-up mill was constructed and permitted, and trial mining was conducted on the Peter and 51BFW veins in 2004 and 2005. In 2006, on-going drill exploration intersected bonanza grades in the Bralorne-King mine gap area. Follow-up drilling in 2007 discovered the BK Zone, a parallel vein lying south of the King vein. In 2008, underground drifting was conducted on the BK zone, which delineated significant mineralized shoots.


 

Design by Adnet Communications Inc.