VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/19/13 — Bralorne Gold Mines Ltd. (the „Company“) (TSX VENTURE: BPM)(OTCQX: BPMSF)(FRANKFURT: GV7) announces the following update on the status of the Bralorne mine project located near Gold Bridge, British Columbia.
On July 15, the mine operation was suspended by the Mines Inspector pending compliance with inspection orders.
Surface operations were shut down until fire-fighting capacity is improved. The Ministry has requested the Company to enter into a mutual aid agreement with the community volunteer Bralorne Fire Protection Association at the cost of Bralorne, or alternatively to develop similar fire-fighting capability at the mine site. Underground operations were also shut down pending compliance with other outstanding orders.
The Company is working to address these issues and aims to fulfill all of the requirements and resume operations as soon as possible.
Bralorne is currently an exploration stage project with gold production that generates incidental revenue which is used to partially offset expenditures. The Company is conducting exploration and development with the goal of achieving a sustainable operation with increased gold production. The Company is committed to improving the health and safety at its operations site.
For more information, please visit our website at:
ON BEHALF OF THE BOARD
William Kocken, Chief Executive 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.
Contacts: Bralorne Gold Mines Ltd. 604.682.3701 604.682.3600 (FAX)
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