MILL PROCESSING SET TO COMMENCE

Bralorne-Pioneer Gold Mines has disclosed that after 33 years, once again ore will be processed at the Bralorne-Pioneer gold mine operation. Starting on March 15, 2004, on a continuous basis, the crushing and milling circuits will be activated and debugging 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 president, advises: "We will be pouring our first gold bar some time in April and the flotation concentrate will be stored on the property until a buyer is found. Negotiations are currently under way with Barrick Gold Strike in Elko Nevada for sale of the flotation concentrate product. Discussions are also under way with other potential buyers."

Another milestone has been achieved in that the underground emergency escapeway route rehabilitation 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 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 ounce 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 six-foot intervals and processed through the on-site fire assay lab by the companies certified assayer.