🕐10.11.10 - 14:27 Uhr
SURFACE DRILLING FURTHER IDENTIFIES BK-3 WITH MORE HIGH GRADE RESULTS OF 140.46g
/T GOLD OVER 0.6 METERS
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SURFACE DRILLING FURTHER IDENTIFIES BK-3 WITH MORE HIGH GRADE RESULTS OF 140.46 g/T GOLD OVER 0.6 METERS
Bralorne Gold Mines Ltd.
(the �Company�) is pleased to report results from on-going exploration at the Bralorne- Pioneer Mine property, B.C.Surface ExplorationSurface diamond drilling intersected high grade gold mineralization on the upper BK vein as previously reported (see news release dated Sept 23). The best intercept was in hole 169 which assayed 140.46 g/T gold (4.096 oz/ton) over 0.6 meters. Significant assay results are summarized in Table 1 below. The results indicate a new zone that is potentially three times bigger than the BK zone currently being mined. The new zone extends at least 170 meters (550 feet) above the 800 level, is 38 to 130 meters (125-425 feet) in strike length, and is open to the west and upwards. The upper portion of the zone has an average grade of 14.3 g/T gold (0.418 oz/ton) at a minimum mining width of 1.2 meters (4ft), whereas the lower potion averages 5.7 g/T gold (0.167 oz/ton). Overall, the vein averages 17.6 g/T gold (0.512 oz/ton) over 0.7 meters (2.3 ft). The zone could be accessed from the BK decline that was started in 2009.
Table
1. Significant Drill Hole Assays from Upper
BK Zone
| Hole | Az.
| Inc.
| From (m)
| To (m)
| Core Interval (m)
| True Width (m)
| Au (oz/ton)
| Au (g/T)
| Comment
| Target
| | SB-149 | 360 | -45 | 172.1 | 173.0 | 0.9 | 0.6 | 1.269 | 43.51 | Vein Zone (50% vein)
| BK | | SB-151 | 360 | -57 | 178.7 | 179.2 | 0.5 | 0.2 | 0.277 | 9.50 | Vein - contains VG
| BK | | SB-154 | 360 | -54 | 149.4 | 150.3 | 0.8 | 0.4 | 0.129 | 4.42 | Vein | BK | | SB-158 | 360 | -55 | 208.1 | 208.8 | 0.7 | 0.3 | 0.142 | 4.87 | Vein Zone (18% vein)
| BK | | SB-161 | 360 | -55 | 163.4 | 164.7 | 1.3 | 0.7 | 0.156 | 5.36 | Alteration Zone
| BK | | SB-165 | 7 | -46 | 171.6 | 172.6 | 1.0 | 0.6 | 0.736 | 25.23 | Vein | BK | | SB-166 | 6 | -53 | 202.4 | 204.2 | 1.8 | 1.0 | 0.594 | 20.37 | Vein - contains VG
| BK | | SB-167 | 6 | -57 | 234.3 | 235.2 | 0.9 | 0.4 | 0.759 | 26.00 | Vein - contains VG
| BK | | SB-168 | 352 | -45 | 169.0 | 169.6 | 0.6 | 0.4 | 1.011 | 34.70 | Vein | BK | | SB-169 | 352 | -49 | 194.9 | 195.5 | 0.6 | 0.3 | 4.096 | 140.46 | Vein - contains VG
| BK | | SB-170 | 352 | -54 | 216.9 | 217.5 | 0.6 | 0.4 | 0.120 | 4.11 | Alteration Zone
| BK | | SB-171 | 14.5 | -47 | 166.7 | 167.5 | 0.8 | 0.5 | 0.241 | 8.26 | Vein+Alteration Zone
| ? | | SB-172 | 358 | -61 | 215.4 | 216.4 | 1.0 | 0.6 | 0.156 | 5.35 | Vein | BK | | SB-173 | 13.4 | -57 | 206.5 | 207.1 | 0.6 | 0.4 | 0.163 | 5.58 | Vein+Alteration Zone
| BK | | SB-174 | 358 | -45 | 167.7 | 168.1 | 0.4 | 0.2 | 0.028 | 0.96 | Alteration Zone
| BK | | SB-174 | 358 | -45 | 168.1 | 170.1 | 2.0 | 1.2 | 0.110 | 3.77 | Vein | BK |
abbreviations: m = meter; Au = gold; oz/ton = troy ounce per short ton;
g/T = grams per metric tonne; VG = visible gold.
Cautionary Note: The company considers all intercepts assaying 0.1 oz/ton Au or greater as significant, but cautions that these intercept data are preliminary in nature and not conclusive evidence of the likelihood of the occurrence of an economic mineral deposit. <
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