December 14, 2011 - Bralorne Gold Mines Ltd.: BK-3 Development Intercepts 10.4 grams Au per Tonne over 4.4 Meters
Vancouver, B.C. - Bralorne Gold Mines Ltd. (BPM: TSX.V)("Bralorne")is pleased to announce the first underground sample results from the BK-3 zone at its Bralorne mine operation located near Gold Bridge, British Columbia.
The underground development driven to access the BK-3 intersected the target mineralized zone on November 30, 2011. The zone was cross-cut at elevation 3800 feet in an incline driven off of the main decline. The overall un-cut average grade is 10.44 grams per tonne over 4.4 meters (0.304 ounce per ton gold over 14.6 feet). Individual assays range up to 112.12 grams per tonne gold over 0.5 meters true width (3.270 ounce per ton gold over 1.7 feet), with high grade assays correspond to quartz veins containing visible gold. The average cut grade is 6.27 grams per tonne over 4.4 meters width or 0.183 ounce per ton gold over 14.6 feet (high assays reduced to 1.5 ounce gold per ton). These results are for horizontal channel samples collected from the east and west walls. The chip samples were collected as continuous samples at right angles across the mineralized zone. The sample widths closely represent the true width because the zone is steeply dipping. The zone is about three times thicker than anticipated because it consists of two mineralized veins separated by an alteration zone containing several quartz veinlets (quartz stringer zone). Individual chip assay results are provided in the table below.
The un-cut average grade of 39 muck samples collected from 213 tons of material is 11.83 grams per tonne (0.345 ounce per ton). The average cut grade of the muck samples is 9.74 grams per tonne (0.284 ounce per ton), with high assays are cut to 1.5 ounce per ton. These results confirm the chip sample results.
| BK-3 3800 Incline Channel Samples | ||||||
| BK3 Zone | Width | Width | Au g/T | Au oz/ton | Visible Gold | Au oz/ton |
| (ft) | (m) | cut to 1.5 oz/t | ||||
| East Wall | ||||||
| Vein | 0.7 | 0.2 | 80.43 | 2.346 | YES | 1.500 |
| Quartz Stringer Zone | 3.8 | 1.2 | 1.17 | 0.034 | 0.034 | |
| Quartz Stringer Zone | 3.7 | 1.1 | 0.73 | 0.021 | 0.021 | |
| Quartz Stringer Zone | 4.4 | 1.3 | 0.34 | 0.010 | 0.010 | |
| Vein | 1.6 | 0.5 | 15.08 | 0.440 | YES | 0.440 |
| TOTAL | 14.2 | 4.3 | 6.27 | 0.183 | 0.141 | |
| West Wall | ||||||
| Vein | 0.4 | 0.1 | 47.61 | 1.389 | YES | 1.389 |
| Quartz Stringer Zone | 4.3 | 1.3 | 0.62 | 0.018 | 0.018 | |
| Vein | 1.9 | 0.6 | 2.05 | 0.060 | 0.060 | |
| Quartz Stringer Zone | 6.6 | 2.0 | 0.21 | 0.006 | 0.006 | |
| Vein | 1.7 | 0.5 | 112.12 | 3.270 | YES | 1.500 |
| TOTAL | 14.9 | 4.5 | 14.60 | 0.426 | 0.224 | |
| OVERALL AVERAGE | 14.6 | 4.4 | 10.44 | 0.304 | 0.183 |
Abbreviations: oz/ton= ounce per short ton, Au = gold, ft = feet, m = meters
All analyses were done at the mine site laboratory by the Fire Assay method. Analyses of the quartz veins containing visible gold were done by the metallic screen assay method. Quality control is maintained by monitoring assay results for certified reference material and blank samples (5% each), and check assays are done by Ecotech Laboratory in Kamloops, BC. Eco Tech is part of the ALS Group of companies and currently applies a quality management system at this particular laboratory that is certified to meet the requirements of ISO9001:2008 for geochemical assay services.
The BK-3 mineralized zone will be further explored by sub-drifting along the zone east and west from the incline at the 3800 ft. elevation. The main decline has 30 meters remaining to target depth and is planned to intersect the same zone at 3700 foot elevation.
Dr. Matt Ball, P.Geo., Chief Operating Officer for the Company, is the Qualified Person who prepared the exploration information contained in this news release.
About Bralorne
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 4.15 million ounces of gold from 7.9 million tons of ore (equaling a grade of 0.53 ounces 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.
For more information, please visit our website at: www.bralorne.com
ON BEHALF OF THE BOARD
"William Kocken"
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William Kocken, President & Chief Executive Officer
