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October 07 Businessexcellence 17 River gold mining camp in southwest British Columbia. Bralorne Gold Mines owns 100 percent, according to an assignment agreement with Avino Silver and Gold Mines Ltd, dated June 21, 2002. Avino Mines and Resources Limited first became involved in the LOCO property in 1987 and subsequently acquired 100 percent ownership from Love Oil Company, Coral Gold Corporation and Levon Resources. The original Bralorne Pioneer mine property was then acquired by Avino Mines and Resources Limited in November 1991. In July 1993, Bralorne Pioneer Gold Mines Ltd. made an agreement with Avino to earn a 50 percent interest in the property by spending $1,000,000 over three years. Bralorne Pioneer Gold Mines Ltd carried out exploration and underground development work, constructed a mill, and carried out permitting for a mine operation. The company was granted a mine development certificate for the property, conditional on a payment of $50,000 to increase the r e c l ama t i o n bond. Louis Wolfin met Bill Kocken in the early 1980s and was impressed enough with his knowledge of mining to invite him to become a director of three of Wolfin’s companies (since 1972 Kocken had operated Terra Mine in the Northwest Territories, which produced 16 million ounces of silver; he left in 1986 when new management took over, and three years later the mine was in receivership and shut down). In 1996 Kocken retired and Wolfin asked him to put a plan together for Bralorne Mines, but Kocken passed on it, until seven years later when he had grown weary of retirement and agreed to become president and CFO of Bralorne. In August 2003 Kocken supervised the construction of the mill (he had experience in mill fabrication as well as steel fabrication in the Vancouver area, having completed many industrial and mining projects in the 1960s). He tested the mill in 2004 by running a 20,000 ton bulk sample test and recovered approximately 3,000 ounces of gold. The strategy was to explore the previously unexplored area between the three mines, and it proved fruitful. Infrastructure “If we had to start from scratch to construct services like roads, municipal water and power, it would cost at least $50 million. In the 1930s this was the largest community north of San Francisco, with schools, police, fire station, hospital, banks, housing. Most of those buildings are still standing”