Agoracom: Small Cap Investment - Bralorne Gold Mines - Receives Permit to Mine the 51B and Taylor Zone

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Clavis

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Receives Permit to Mine the 51B and Taylor Zone

posted on Oct 07, 2009 10:03AM

October 7, 2009

Bralorne Receives Permit to Mine the 51B and Taylor Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2009) - Bralorne Gold Mines Ltd. ("The Company") (TSX VENTURE:BPM)(PINK SHEETS:BPMSF)(BERLIN:GV7)(FRANKFURT:GV7)(WKN:A0B75M) is pleased to announce that it has received the necessary permit approval from the Ministry of Energy, Mines and Petroleum Resources to commence new developments located on the unexplored Bralorne Pioneer gap.

Mobilization will commence immediately by building an access roadway for a new portal to be driven at the 400 level. This will be accompanied by driving a 228 meter access ramp from the surface to the 51B FW, Taylor veins (NI 43-101 Resource Calculation Dated: June 10, 2009).

(Table 1: NI 43-101 Resource Calculation)
                                                                           
                          Measured                        Inferred         
                          --------                        --------         
Vein              tons    opt   Tonnes    g/T    tons    opt  Tonnes    g/T
                           Au              Au             Au             Au
51BFW           10,545  0.350    9,566  12.00                              
King (blocks                                                               
 8-1, 8-2)                                      4,872  0.273   4,420   9.35
51BFW (blocks
 3-1 to 8-4)                                   58,579  0.321  53,142  11.01
51FW (4-1, 4-9,
 5-1, 5-1E)                                     7,898  0.582   7,165  19.95
HW of 51BFW
 (3-6 to 8-6)                                  22,683  0.926  20,578  31.74
Taylor                                         44,092  0.250  40,000   8.57
BK above 800
 Level           4,282  0.620    3,884  21.26    6900  0.628   6,260  21.53
BK below 800
 Level           4,603  0.620    4,176  21.27   11867  0.628  10,766  21.53
Total           19,430  0.473   17,627  16.24 156,892  0.437 142,330  14.98

For further detailed diagrams of this development program, please feel free to visit our website: http://www.bralorne.com/s/Development.asp

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 129 million grams of gold from 7.9 million tons of ore (equaling a grade of 16 grams 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.

ON BEHALF OF THE BOARD

William Kocken, President & Chief Executive Officer

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