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Share Name Share Symbol Market Type
TSXV:BPM TSX Venture Common Stock
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Bralorne Reports Higher Gold Output for March 2014 and Outlines New Mining Block Averaging 12 g/t Gold

27/05/2014 1:00pm

Marketwired Canada


Bralorne Gold Mines Ltd. (TSX
VENTURE:BPM)(OTCQX:BPMSF)(FRANKFURT:GV7)(BERLIN:GV7) (WKN A0B75M) (the
"Company") is pleased to report another month of increased gold output at the
Company's 100% owned Bralorne Gold Mine located near Gold Bridge, British
Columbia, Canada. During March 2014, 2,755 tonnes of material was processed
through the Company's 100 ton-per-day mill at an average grade of 9.7 g/t for
total gold output of 758.7 ounces. This represents a 41% increase compared to
February 2014. In addition, underground development work outlined a new
potential mining block with a strike length of 68 metres averaging 12 g/t gold. 


Dr. Mathew Ball, President and Chief Operating Officer, stated: "We are very
pleased with the significant increase in gold output seen in March, which was
the result of higher grade material in the areas being mined. This increased
productivity supports our intention to double current mill capacity with the
goal of reaching commercial production. We are also pleased to see continued
exploration upside in the BK-3 zone, where the new mining block appears to be
open to the west."


Milling Results for March 2014

For the month of March 2014, the company operated 31 days and processed a total
of 2,755 tonnes of material grading 9.7 g/t Au. Gold output totaled 758.7
ounces, including 379.9 ounces of gravity recovered gold and 378.8 ounces of
gold contained in flotation concentrate. Mill throughput averaged 90 metric
tonnes per day operated and gold recovery was 89%. March production was
significantly higher than February as a result of higher grade material in the
areas being mined (see table below).




                 Milling Results for March vs February 2014                 
                                                                            
----------------------------------------------------------------------------
                                                                    % Change
                                                                  Month over
                                           Mar 2014    Feb 2014        month
----------------------------------------------------------------------------
                   Metric Tonnes Milled       2,755       2,532           9%
----------------------------------------------------------------------------
                  Mill Availability (%)          98          94           4%
----------------------------------------------------------------------------
  Mill Throughput (Tonnes/day operated)          90          96          -6%
----------------------------------------------------------------------------
                    Feed Grade (g/T Au)         9.7         7.5          29%
----------------------------------------------------------------------------
                    Gravity Gold Ounces       379.9       246.2          54%
----------------------------------------------------------------------------
         Flotation Con. (Metric Tonnes)        68.5        59.5          15%
----------------------------------------------------------------------------
         Floatation Con. Grade (g/T Au)       172.0       153.3          12%
----------------------------------------------------------------------------
                 Floatation Con. Ounces       378.8       293.1          29%
----------------------------------------------------------------------------
                 Total Recovered Ounces       758.7       539.2          41%
----------------------------------------------------------------------------
                           Recovery (%)          89          88           1%
----------------------------------------------------------------------------



Underground Mine Development

Stope mining and development of new mining blocks continued in the BK-3 zone of
the Bralorne mine. A second raise was driven on the western zone from a point
situated 24 metres west of the first raise. The new raise extended 32 metres
above the 3900 west sub-drift. Significant assay results were obtained in the
lower 16 metres of the raise, where an average gold grade of 15.7 g/t over 0.6
metres width was encountered in the vein (assays above 103 g/t cut to that
value). Over a mining width of 1.5 metres, the average grade is 6.6 g/t gold.
The upper half of the raise exposed a weakly mineralized vein and assay results
were not significant over a minimum mining width of 1.5 metres. 


Additional sampling was conducted along the roof of the western 3900 sublevel
where the vein contains visible gold; however, initial assays were low grade.
Including these new assays, which were higher than previous, the revised average
grade of the sub-drift is 59.3 g/t over 0.9 metres in width for a strike length
of 68 metres (assays above 103 g/t cut to that value). Over a minimum mining
width of 1.5 metres, the average grade is 14.4 g/t gold. Of note is that the
last sample at the western end graded 23.7 g/t gold over 1.6 metres, suggesting
that the zone extends further west where exploration has not been carried out. 


The overall average grade of the sub-drift and two raises is 50.9 g/t over 0.7
metres in width (assays above 103 g/t cut to that value). Over a minimum mining
width of 1.5 metres, the average grade is 12.0 g/t gold. The area represented by
this development is 68 metres in strike length and 15 metres in height. This new
block is now being prepared for mining.


Quality Assurance/Quality Control

Gold recovery is reconciled to gold contained in flotation and gravity
concentrates. Flotation concentrate assays are performed at ALS Laboratories in
North Vancouver, British Columbia - an accredited independent laboratory with
quality monitored by internal standards. Check samples are done on composite
samples collected by AH Knight and assayed by ALS Laboratories in North
Vancouver, British Columbia, and umpire assays are performed by Alex Stuart
Limited in Knowsley, England. Gold contained in gravity concentrate is
reconciled from settlement assays received from the refiner. Check assays are
performed on duplicate samples of gold dore by ALS Laboratories in North
Vancouver, BC.


QA/QC protocols followed for underground samples include monitoring the results
of blank and standard samples inserted at a frequency of 1 in 20 each, and
re-analysis of check samples at a second laboratory. Underground samples are
submitted for preparation and analysis at SGS Laboratory in Burnaby, BC, which
is ISO certified and accredited. Gold analyses are conducted on 1 assay-ton
aliquots using the fire assay method with a gravimetric finish. Metallic sieve
assays are done on all mineralized vein samples. 


The Company cautions that it has not completed a feasibility study based on
mineral reserves. The Company is proceeding with operations based on mineral
resources, which are not mineral reserves and do not have demonstrated economic
viability. The project therefore has a higher risk of economic or technical
failure. The mill is being operated to generate incidental revenue from the sale
of gold dore bars and flotation concentrate to offset exploration and
development costs. The Company plans to continue milling as resources are
developed and will increase the milling rate if and when sufficient resources
are defined. 


Dr. Mathew Ball, P.Geo., President and COO of the Company, is the qualified
person ("QP") as defined by National Instrument 43-101, who is responsible for
the technical content of this document.


About Bralorne

Bralorne is a Canadian junior mining and exploration company focused on building
shareholder value through the exploration and development of economically viable
mineral properties. Bralorne's flagship project is the wholly owned Bralorne
Gold Project in southwestern British Columbia, Canada.


For more information, please visit our website at: www.bralorne.com

ON BEHALF OF THE BOARD

Mathew Ball, President and Chief Operating Officer 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. This release contains statements
that are forward-looking statements and are subject to various risks and
uncertainties concerning the specific factors disclosed under the heading "Risk
Factors" and elsewhere in the Company's periodic filings with Canadian
securities regulators. Such information contained herein represents management's
best judgment as of the date hereof based on information currently available.
The Company does not assume the obligation to update any forward-looking
statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bralorne Gold Mines Ltd.
Mathew Ball
President and Chief Operating Officer
604.682.3701
604.682.3600 (FAX)
investor@bralorne.com
www.bralorne.com

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