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Pretium Resources Inc.
Summary
| Project: | Brucejack | |
|---|---|---|
| Deposit: | Valley of the Kings | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 6/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-6-2018: Pretium Resources Inc. announces an Exploration/Drilling Update report for its Valley of the Kings deposit at the Brucejack project. Drilling results incl. 90.21m @ 1.71g/t Au, 13.43g/t Ag from 441.79m. Vancouver, British Columbia, June 18, 201 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Warwick Board (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, June 18, 2018; Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) is pleased to report the results of underground exploration drilling. Both holes, over 1,500-meters in length, drilled east from the Valley of the Kings intersected Brucejack-style mineralization throughout, with anomalous copper and molybdenum mineralization suggesting proximity to porphyry-style mineralization at depth. The drilling was conducted to test mineralization continuity between the Valley of the Kings and the Flow Dome Zone while assessing the potential for a porphyry source at depth. The Flow Dome Zone is an area approximately 1,000 meters east of the Brucejack Mine, where drilling in 2015 intersected high-grade gold (see news release dated October 8, 2015). Holes VU-820 and VU911 were drilled from the eastern edge of the 1200-meter level of the Valley of the Kings underground development. Hole VU-820 was drilled 1,584 meters to the east at a -50 degree angle, and hole VU-911 was drilled 1,555 meters to the east at a -65 degree angle. Results confirm the presence of Brucejack-style mineralization starting from the eastern edge of the Valley of the Kings to beneath the Flow Dome Zone. Oriented core drilling intersected Brucejack-style alteration, veining, and mineralization along the length of both drill holes. The holes were directed to test the porphyry potential and were drilled subparallel to the stockwork veining. Stockwork veinlets and significant stockwork breccia containing gold and silver mineralization were intersected in both drill holes. Four occurrences of visible gold were noted between depths of 105 meters and 802 meter in the steeper (VU-911) drill hole. | |
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