BRALORNE GOLD MINES LTD BPMSF

RE:RE:RE:RE:RE:RE:Yesterdays Press Release

[Muck10]

My pleasure, It's my belief that the merger will be good for both companies in the long run.  I think the stock prices of both companies are being driven down by metals prices more than anything else right now.

To get Bralorne running at it's full potential, a lot of cash is necesary as we both agree.The mine is not profitable at 100 tons a day as was proven over the last 3+ years, and needs to expand. This had always been the plan with the  pre-merger management, however, they were overly bullish on metals prices and expected gold sales and stronger share price  to pay for the expansion. They did not raise capital when they should have when the markets were better and were left between a rock and a hard place; take on debt for a faltering operation or dilute the hell out of the stock at sub $0.30.

In comes Avino with a strong balance sheet, higher share price and excellent banking connections. Avino will be able to raise the money to pave the way for Bralorne's expansion with significantly less impact on the share structure.

Ultiimatly success for the Bralorne mine will be judged on what's found in the ground to feed the mill. It's difficult and very costly to prove up a large resource in a high grade narrow vein system like Bralorne. In the past, the mines operators were able to simply follow the veins down and it always paid. In general grades improved at lower levels and averaged half an ounce per tonne over the mines life. Are the gap zones that are currently being mined as consistant and will metals prices support a relativly high cost operation in British Columbia? Time will tell. At the very least, the project now has the tools in place to succeed.