June 6, 2011

Vancouver – The Mining Association of British Columbia (MABC) celebrates a significant milestone for the mining industry at a small mine near Lillooet, BC.  After a 40 year hiatus, the only pure gold mine in BC is back in production. 

Bralorne Gold Mines celebrated its grand re-opening on May 27, 2011. This event was marked by pouring the first gold brick in four decades, worth approximately $500,000, produced through the current redevelopment and expansion of the operation.  With the current market conditions and production schedule, the re-opened Bralorne mine is expected to produce approximately 11,000 ounces gold with an approximate net value of $9.2million in its first year of operation.

“Bralorne is developing the unexplored gaps between the historic Bralorne, King and Pioneer gold mines of southwest British Columbia” said Bill Kocken, President and CEO of Bralorne Gold. “Together, these three historic mines represent the largest historic gold producer in the Canadian Cordillera producing 4.1 million ounces of gold” he added.

“New mines are a rarity, so using new mining methods and technology to go back and redevelop proven deposits makes good sense,” said Zoë Younger, Acting President and CEO of the Mining Association of BC. The mine will provide more than 50 direct jobs and many more small business opportunities and service jobs. “We are pleased for the company, and especially for the people in the community, many of whom have been working to see this project come to life for over a decade.” Ms. Younger added.

For more information, contact
Zoë Younger:    778-828-9971