Bralorne commissions new technical report to increase mill production output
06.06.2012/7/7 VANCOUVER, BRITISH COLUMBIA - Bralorne Gold Mines Ltd. (BPM.V) (BPMSF) (GV1988.BE) (GV100.F) (“Bralorne or the Company”) is pleased to announce that Beacon Hill Consultants (100) Ltd. ("Beacon Hill") to prepare a new Preliminary Economic Assessment that will focus on the operational sustainability of a 250 tonnes per day gold mining operation at Bralorne. Beacon Hill will also evaluate an existing Inferred Resource Estimate to define additional exploration targets for future development. This should serve to achieve the company's goal of increasing production output from XNUMX tons per day to XNUMX tons per day. Bralorne expects to receive the final report from Beacon Hill in the third quarter of this year. The company expects the report to demonstrate the feasibility of continued production at the mine.
About Beacon Hill Consultants
Beacon Hill employs a variety of consultants, including mining engineers, geologists and metallurgists, and provides services to the mining sector worldwide. Each of Beacon Hill's executives has at least 25 years of experience in the mining industry and has been involved in the development of both small and large projects.
Mr. W. Peter Stokes (P.Eng.) Is president and owner of the company. Mr. Stokes has 40's years of experience in the development of precious metals and base metal properties.
For the past decade, Beacon Hill has engaged mining companies in initial and advanced project development phases in estimating ore reserves, preparing feasibility studies, mine plan development, project appraisal, financial analysis, qualifying reports, equipment acquisition, preparation and negotiation of Contracts and project management.
For more information, please visit our website at www.bralorne.com.
IN THE NAME OF THE BOARD
William Kocken, President & Chief Executive Officer
Contact:
Bralorne Gold Mines Ltd.
William Kocken
President & Chief Executive Officer
604.682.3701
604.682.3600 (FAX)
[email protected]
www.bralorne.com
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This release contains statements that are forward-looking statements; These are subject to various risks and uncertainties that affect specific factors. These factors are listed in the "Risk Factors" section and elsewhere in the Company's periodic filings with the Canadian Securities and Exchange Commission. Such information in this news release has been prepared to the best of management's knowledge, based on the information currently available at the time of the communication. The company expressly disclaims any responsibility for updating any forward-looking statements.
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