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Pretium Resources Inc.: 82,203 Ounces of Gold Produced at the Brucejack Mine in Q3 2017

by pmnationtalk on October 11, 201724 Views

VANCOUVER, BRITISH COLUMBIA–(Oct. 11, 2017) – Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) (“Pretivm” or the “Company”) is pleased to report third quarter 2017 production results for the high-grade gold Brucejack Mine.

Third Quarter Production Highlights

  • 82,203 ounces of gold produced
  • 96.49 % gold recovery rate
  • 261,262 tonnes of ore milled
  • 2,840 tonnes per day on average processed

Brucejack Mine Ramp-up

During the third quarter of 2017, the Brucejack Mine produced 82,203 ounces of gold. In July, at the onset of the quarter, mill feed was predominately from low-grade stockpiles and development muck and 16,882 ounces of gold were produced (see news release dated August 10, 2017). As the ramp-up progressed, the mill began processing stope ore exclusively and an additional 65,321 ounces of gold were produced in the last two months of the quarter.

For the quarter, mill feed grade and gold recoveries averaged 10.52 grams per tonne gold and 96.49% respectively. Mill feed grade and gold recoveries averaged 12.36 grams per tonne gold and 96.92% respectively during the last two months of the quarter as the mill transitioned to processing stope ore exclusively.

The mill processed a total of 261,262 tonnes of ore for the third quarter for an average of 2,840 tonnes per day.

Lyle Morgenthaler, B.A.Sc., P.Eng., Chief Mine Engineer, Pretium Resources Inc. is the Qualified Person (“QP”) responsible for Brucejack Mine development.

About Pretivm

Pretivm is ramping-up gold production at the high-grade underground Brucejack mine in northern British Columbia.

Contact Information:
Pretium Resources Inc.
Joseph Ovsenek
President & CEO

Pretium Resources Inc.
Troy Shultz
Manager, Investor Relations &
Corporate Communications
(604) 558-1784
invest@pretivm.com

NT4

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