Navigation Links
Financial Press: Bralorne Gold Mines Strikes Expands on its Ultra-High Grade Gold System in Canada

Vancouver, BC (PRWEB) June 18, 2012

(Financial Press) – Canadian based gold miner Bralorne Gold Mines Ltd continues to receive excellent results from exploration, development and production work taking place between its past-producing gold mines located in Bralorne, British Columbia.

The property covers 2,490 hectares of gold mining territory in British Columbia about 150 miles north of Vancouver. The property hosts multiple gold-bearing zones and successfully produced gold during periods when gold prices were much lower than they are today.

Earlier today the company released encouraging results from its exploration, development and production from the latest discovery zones known as the BK zone and BK3. The results are consistent with the exceptionally high-grade gold discoveries on the property’s vein system and high-grade gold drifts that have been known to stretch across very long strike lengths.

Bralorne took 67 samples across the main structure at the property, the BK 3 Zone. The results of the sampling returned 160 metres of 68.7 grams gold per tonne (un-cut) over 0.8 metres true thickness.

Once cut, the average grade fell slightly to a still significant 27.1 grams per tonne, the true width stays the same, and the highlight gold grade remained an exceptional grade of 51.4 grams per tonne gold. The exploration efforts included individual assays of the samples containing visible gold reaching as high 658.4 grams per tonne gold over a 0.4 m true thickness. These gold grades are exceptionally high and are consistent with the long history of gold mining at the Bralorne gold mining property.

Since mill start-up to the end of April, 2012, representing the first year of production is estimated at 5,726 ounces. Gold in doré smelted from the gravity concentrate totaled 3,536 ounces and gold in flotation concentrate is estimated at 2,190 ounces, with the balance of ounces being in-circuit inventory. The doré represents 61% of the recovered gold. At April 30, 24,130 dry tons had been milled at an average feed grade of 9.12 grams per tonne gold and an average recovery of 90.2%.

Mill throughput improved this quarter, with a 29% increase in daily operating throughput over the last 3 months compared to the first 9 months. The Company is studying further ways to improve throughput and recovery to improve gravity gold recovery. The Company has also retained Beacon Hill Consultants (An independent engineering firm) to evaluate the current operation and its resources to identify exploration and development requirements for substantially and increasing mill throughput from the existing 100 tons per day up to 250 tons per day. It is expected to have this substantially supporting technical document in early August of this year.

The Bralorne gold mining property and the surrounding areas were originally staked more than a century ago in 1896 during a prospecting rush in western North America. The area turned out to be one of the big success stories in the region. The property produced more than four million ounces of gold over the years and the gold mineralization on the project was in sufficient quantities and high enough grades to be successfully mined all the way up until 1971.

The mine, the property, and all the gold yet to be discovered was left largely dormant until advanced geological reconnaissance methods and new geological interpretations were applied. That’s where the modern Bralorne story begins.

In 1992 the Company’s management correctly foresaw a big opportunity in Bralorne if gold prices increased. The company acquired the historic King, Bralorne, Pioneer mining property and the significant gaps of property that lay between the historic mines, retired all the accumulated debts attached to the property, and what they discovered was an extremely rich vein system that included additional zones of gold-bearing mineralization which had never been properly explored. The rest of the development of the property has been marked by high-grade gold discovery after discovery.

Starting in 2004 Bralorne’s drilling efforts on the 51B FW vein produced the staggeringly high interception of mineralization containing a staggering 12.09 ounces per tonne gold.

In 2007 the company discovered a new vein on the property located between two of the past-producing gold mines on the property. Named the BK-3 Zone, exploration in the area returned exceptional gold mineralization throughout this new zone.

The New BK-3 Zone included a number of gold veins. The drilling and sampling of those veins demonstrated a significant gold trend exists with long intersections of high-grade gold. The exploration and sampling results from 2012 confirmed the pattern of consistently high and increasing gold intercepts which have also been getting longer.

Bralorne’s highlighted gold mineralization discoveries from this year alone include:

93.4 g/t gold over 71.9 metres
14.7 g/t gold over 13 metres
5.14 g/t gold over 5.2 metres
14.7 g/T gold over 13 metres

Bralorne Gold Mines has been a steadily evolving story over the years as it continues to discover more high-grade gold across long widths and all in new zones on the property.

The company has established an expanded exploration program for the rest of 2012. The program will consist of 5,400 metres of surface drilling and 3,875 metres of underground exploration drilling.
Bralorne Gold Mines trades on the TSX Venture under the symbol “BPM.” Its shares trade in the United States under the symbol “BPMSF.” The company currently has a market capitalization of approximately $21 million.

Learn more at Bralorne Gold Mine’s website at

Legal Disclaimer/Disclosure: A fee has been paid for the production and distribution of this Report. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this article should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. Financial Press makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the author’s only and are subject to change without notice. Financial Press assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this article and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this article.

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Online Dating Scams Can Take Emotional, Financial Toll
2. Financial Worries Add to Cancer Patients Burden
3. Study examines medicare use for Mohs micrographic surgery and surgical excision for skin cancer
4. Study examines drug regimen for the treatment of non-small cell lung cancer among older patients
5. Study examines adverse effects among different radiation therapies for prostate cancer
6. LA BioMeds Dr. John Tsuang examines effects of Ibudilast and metamphetamines
7. Study examines benefit of follow-up CT when abdominal ultrasound inconclusive
8. Research examines when benefits of screening mammography outweigh the harms for women in their 40s
9. Study examines necessity of additional imaging in PET/CT oncologic reports
10. Study examines BI-RADS and MRI in predicting breast cancer
11. Study examines treatments for relieving breathing difficulties among patients with lung effusions
Post Your Comments:
(Date:12/9/2016)... ... December 09, 2016 , ... "I had a terrible time trying ... Va. "I thought that if the nebulizer had a more child-friendly design, then children ... , He developed the patent-pending NEBY to avoid the need to deliver medication via ...
(Date:12/8/2016)... MA (PRWEB) , ... December 08, 2016 , ... ... Workers Compensation Research Institute (WCRI) officially opened registration today for its 33rd ... Hotel in Boston, MA . , The theme of the conference is “Persistent ...
(Date:12/8/2016)... , ... December 08, 2016 , ... ... offering Medication Therapy Management (MTM), adherence, and other pharmacist-delivered patient care services, has ... general counsel and Eric Hoessel to vice president of sales. , Litsinger ...
(Date:12/8/2016)... ... December 08, 2016 , ... Premier Fitness Camp (PFC) and The Chopra ... weight loss and wellness program, at their world headquarters of Omni La Costa Resort ... long-term results to anyone seeking weight loss, personal development, a healthy lifestyle, or mental ...
(Date:12/8/2016)... ... December 08, 2016 , ... STATEN ... been recognized for adherence to the highest standards of trauma, maternity, cancer and ... the center's president and CEO, Dr. Daniel Messina. , Among the recognitions, the ...
Breaking Medicine News(10 mins):
(Date:12/9/2016)... 2016  RxWiki Inc., a digital health company that ... of thousands of pharmacies through its Digital Pharmacist SaaS ... "50 on Fire" Award in the Health and ... accept the award as one of Austin,s fastest growing ... at RxWiki. "Our platform gives independent retail pharmacies the ...
(Date:12/9/2016)... , Dec. 9, 2016 Department of Health ... regulations for medical marijuana dispensaries under Act 16 are ... , and are now available online . ... in the plan for operation; process for dispensing medical ... well as where the dispensary facilities can be located," ...
(Date:12/9/2016)... 2016  Forge Therapeutics, Inc. today announced a ... EVT, TecDAX, ISIN: DE0005664809) to advance its novel ... of bacterial infections including those caused by drug ... attractive antibacterial target for more than the past ... starting points has hampered its progress. Forge has ...
Breaking Medicine Technology: