Bralorne Retracts Preliminary Assessment 2011 Update

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/07/11 -- Bralorne Gold Mines Ltd. (TSX VENTURE: BPM)(OTCQX: BPMSF)(PINKSHEETS: BPMSF)(FRANKFURT: GV7)(BERLIN: GV7) ("Bralorne") is retracting its news release dated December 6, 2011 and Preliminary Assessment 2011 Update prepared by Beacon Hill Consultants (1988) Ltd. as it is considered non-compliant with NI 43-101. The statement that sufficient resources for a 5 year mine life is also retracted because the report was based upon a non-compliant resource estimate. The Company intends to complete a compliant resource estimate in the near future.

For more information, please visit our website at:

ON BEHALF OF THE BOARD

William Kocken, President & Chief Executive Officer

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.

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.



Contacts:
Bralorne Gold Mines Ltd.
William Kocken
President & Chief Executive Officer
604.682.3701
604.682.3600 (FAX)

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 07.12.2011 - 18:06 Uhr
Sprache: Deutsch
News-ID 94829
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VANCOUVER, BRITISH COLUMBIA

Kategorie:

Mining & Metals

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