Bralorne-Pioneer Gold Mines Ltd.: Mill Processing Set to Commence.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--March 11, 2004 After 33 years, once again ore will be processed at the Bralorne-Pioneer Gold Mine (Pink Sheets:BPGMF) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BPN BPN Business Partner Network BPN Banco Português de Negócios (Portuguese bank) BPN Banca Popolare Di Novara (Italian bank) BPN Biopartnering North America BPN Business Professional Network ) operation. Starting on March 15th, on a continuous basis, the crushing and milling circuits will be activated and debugging (programming) debugging - The process of attempting to determine the cause of the symptoms of malfunctions in a program or other system. These symptoms may be detected during testing or use by real users. procedures will commence prior to full scale commencement of the bulk sampling operations. All qualified mill personnel have been hired to keep the plant running on a 24 hours per day, seven days per week basis. Bill Kocken, Bralorne-Pioneer Gold Mines President advises "We will be pouring our first gold bar sometime in April and the flotation concentrate will be stored on the property until a buyer is found. Negotiations are currently underway with Barrick Gold Barrick Gold Corporation TSX: ABX NYSE: ABX is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units (RBU's) located in Australia, Africa, North America and South America. Strike in Elko Nevada for sale of the flotation concentrate product. Discussions are also underway with other potential buyers." Another milestone has been achieved in that the underground emergency escapeway route rehabilitation rehabilitation: see physical therapy. as requested by Mines Inspection, has now been completed. This rehab work has also opened access to additional outlined mining blocks on the main haulage level, that will provide future mill feed. An initial 50 foot length of stope stope n. An excavation in the form of steps made by the mining of ore from steeply inclined or vertical veins. tr.v. stoped, stop·ing, stopes To remove (ore) from or mine by means of a stope. undercut has been completed on the 800 level Peter vein stoping block. The 50 foot length of mine opening gave assay results of 0.58 ounce per ton gold over an average width of 5.2 feet. These results almost double the gold values obtained from the original access drift on the Peter vein about 15 feet below, which gave 0.29 ounces per ton gold over a width of 5.5 feet along the same 50 foot length. Samples from the stope undercut were taken from the working faces at 6 foot intervals and processed through the on site fire assay lab by the companies certified assayer. The foregoing technical information has been compiled by Hank Sanche, P. Geol., a qualified person pursuant to National Instrument 43-101. ON BEHALF OF THE BOARD OF DIRECTORS David Wolfin, Vice President and Director The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release. |
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