is pleased to report that the feasibility study for an underground mine at its high-grade gold Brucejack Project in northern British Columbia is being advanced with an operating. Gold and silver will be produced using gravity and flotation circuits. 26 per ounce of gold-equivalent or $0. , Robert Quartermain, believes his company's proposed high-grade gold Brucejack project will be able to withstand uncertain gold prices. C. The high-grade resource is a subset of the bulk-tonnage Brucejack resource which increased by 134% from 2010 to 2011. Newcrest will look to build on the strong foundations established by Pretivm to optimise and further unlock the value of Brucejack. Newcrest intends to pursue growth with continued investment in Brucejack Offer unanimously recommended by Pretivm’s Board of Directors Investor conference call at 3:30 pm PT (6:30 pm ET. 6 Billion US$. 3 of 5 Core samples from Pretium Resources Inc. Early Jurassic sedimentary and volcanic rocks of the Lower Hazelton Group host mineralisation. 2. is proposing the construction, operation and decommissioning of a gold-silver underground mine located approximately. Brucejack. Sc. Head Office. Brucejack Gold Project Brucejack is located in northwestern British Columbia, approximately 65 kilometers north of Stewart, and is owned by Pretium Resources Inc. 25, 2021 (GLOBE NEWSWIRE) -- Pretium Resources Inc. Brucejack is moving ahead because it just won a major environmental permit from Canada’s federal government. , Vice. The Energy Report. 07, 2021 (GLOBE NEWSWIRE) -- Pretium Resources Inc. Pretium Resources Inc. 3 Memorandum entitled, “Brucejack Project MA/EMA Permitting Phase Responses – to Information Requests from MEM & MOE – Groundwater Quality and Quantity Pretium Resources Inc. A pervasive quartz-pyrite-sericite alteration event predates the main stage of epithermal mineralisation. Vancouver, British Columbia (June 2, 2011; TSX:PVG) - Pretium Resources Inc. Zijin Mining Group of China recently bought into the project , though further financing is needed. (SEDAR filings: Pretium Resources Inc. 1% lead for 8. Read More With over 200 projects completed. The Brucejack project is one of the largest, high-grade gold projects in the world. disclosure of scientific and technical information concerning a mineral project on a property material to Newcrest comply with NI 43. , Brown, F. $6,100,000,000. , Vice. 5 kilometers northwest of Brucejack, and the. Pretivm is advancing its 100%owned Brucejack Project - in northern British Columbia to production as a high -grade gold underground mine. On February 3, 2017, we announced that the total project capital cost forecast to complete. A portion of the access road is located within theThe Brucejack Project is proposed as an underground gold mine with a 22 year mine life producing 2,700 tons per day of ore using a long-hole stoping method. Brucejack Project - Market Research Reports & Consulting. All images courtesy of Pretium Resources Up above the treeline in the mountains of northwestern B. Canada & USA Toll Free: 1-800-319-4610 Outside of Canada & USA: +1-604-638-5340 Toronto Local: 416-915-3239: United Kingdom Toll Free: 0808 101 2791A Feasibility Study for the Brucejack high-grade development opportunity will commence shortly; Additionally, a PEA on an integrated high-grade underground and bulk tonnage project is planned to. Pretium has since signed a Co-operation and Benefits Agreement with the Nisga’a. 6 million; subseque. October 29,. And it shows that even in a downturn a project. The Gold Report. 6M on 367,428 oz of gold sold. The Brucejack project is about 65 kilometers north of the town of Stewart in Northwestern British Columbia, Canada. Based on the results of the June 2014 Feasibility Study. Sc. Brucejack Mine Capit al Cost Forecast . C. “The Nisga’a Nation has negotiated some Aboriginal rights over territory that includes some of the ancillary infrastructure, but Brucejack is located approximately 200 kilometres from the nearest. Masse adds that Pretium also received a smaller. The mine will operate until 2035. 1. After approval, mines can apply for amendments that. Page 81 and 82: Figure 7. 28 billion post. The 57-kilometer long transmission line connecting the Brucejack Mine to the BC Hydro power grid was completed on March 21, 2017 and energized on March 31, 2017 following regulatory approval. The 2021 Brucejack definition and expansion drill program is anticipated to total approximately 195,000 meters of drilling comprised of in-reserve definition drilling (40%), in-resource and. Mitchell Stevens, "and the benefits from the Brucejack project will make an important contribution. The Brucejack Project is a gold-silver deposit in northern British Columbia, Canada. Newcrest's new Canadian mine contributes gold and cashflow North of 60 Mining News – April 29, 2022. , dated June 30, 2015. Brucejack Project - Market Research Reports & Consulting - GlobalData. Pretivm is advancing its 100%owned Brucejack Project in northern British Columbia to - production as a high -grade gold underground mine. Pretium Resources Inc. It will create 300 permanent jobs during its 22-year life. 1 INTRODUCTIONThe Brucejack Project (the Project or the Property), located in northwestern BritishColumbia (BC), will be a 2,700 t/d underground mining operation over a 22-year life-ofmine(LOM). Pretivm is creating value through gold at its high-grade gold Brucejack Project, located in northern British Columbia. (TSX,ASX:NCM),. C. Brucejack Mine – Cash Generating Since Start-Up December 3, 2019 Scotia Bank Mining Conference 2019. Construction and. Our contribution to Brucejack’s endeavor was the detailed design and issued for construction (IFC) drawings for the 57-kilometre transmission line segment north of. 3 . By Lawrence Roulston. . BC. : Brucejack Project Construction Update June 29, 2016 05:00 ET | Source: Pretium Resources Inc. Pretium Resources reported revenue of $454. of silver is estimated to be produced over the life of the Brucejack Project, including the gold and silver recovered into the flotation concentrate . Suite 2300, Four Bentall Centre, 1055 Dunsmuir Street PO Box 49334 Vancouver, BC V7X 1L4The Company's Brucejack Project is located on the Brucejack Property, which consists of four mining leases and six mineral claims approximately 3,306 hectares. The Brucejack mine was previously owned by Vancouver-based mining company, Pretium Resources Inc. 57:1 (Snowfield deposit) and 2. • On September 1, 2015, we announced that we had been issued all of the major regulatory permits required to begin development work towards commercial production at the Brucejack Project. The Project’s projected production and processing is summarized in Table 4 below. , dated June 30, 2015. PROJECT OVERVIEW. It is located approximately 950 kilometres northwest of Vancouver, 65 kilometres north-northwest of Stewart, and 21 kilometres south-southeast of the Eskay Creek Mine. It is a land package of over 103,000 hectares, mostly unexplored. British Columbia’s environmental and mines agencies OK’d the project in March. is pleased to report the following highlights from the third quarter of 2016 and updates for its high-grade gold Brucejack Project in northern British Columbia. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today. The ore is crushed underground and conveyed to the surface where the fully enclosed mill produces gold. y the Brucejack Fault as well as by. The Brucejack project is located in an area that drains into the Unuk River, important for salmon production, and which eventually flows into Tongass National Forest in Alaska. in more than a. is a Vancouver-based precious metals exploration company formed in 2020 by a management team with a proven track record of success in exploring and advancing projects to the mining stage. It is a big (reserves of almost 9 million toz gold. In 2021, five million tons of rock and ice fell from the Canoe Glacier, just 4 miles from the mine, raising concerns about the viability of safely. 8Brucejack. The Company's Brucejack Project is located on the Brucejack Property, which consists of four mining leases and six mineral claims approximately 3,306 hectares. 95 million from the CleanBC Industry Fund in 2021 to help fund part of the project. is pleased to report the following highlights from the fourth quarter of 2016 and updates for its high-grade gold Brucejack mine in northern British Columbia. oz - $1,100. — Pretium has a 35 million ozs. The underground mine is planned to operate. Feasibility Study, Brucejack is expected to produce an average of. The Brucejack Project, or Brucejack Mine, is a mine located in northwestern British Columbia and is comprised of 4 mining leases and 6 mineral claims currently totaling 3,304 hectares in area. The underground mine is planned to operate. Au US$1,600/oz 2 Spot metal prices: Cu US$4. in four years. The Technical Report, dated September 18, 2012, will also be available on Pretivm's web site at under the Brucejack Project section. Chris Gareau. GDMM15845MP-MPThe 2019 Report updates the operating parameters contemplated in the Brucejack Feasibility Study entitled “Feasibility Study and Technical Report Update on the Brucejack Project, Stewart, BC. 4 grams of gold per tonne after application of the Mine Call. — Photo courtesy Pretium Resources. 7 thousand ounces, 345 thousand ounces and 324. Pretium Resources Inc. About PretivmBased on the Preliminary Assessment, the Snowfield-Brucejack Project would be operated as an open pit mine with an estimated 27 year mine life and life-of-mine waste to mineral material stripping ratios averaging 0. News. 4. Head Office. There are no established mineral reserve estimates with respect to the Brucejack Project. The Project includes the past-producing Scottie Gold Mine that operated from 1981 to 1985, and produced 95,426 oz gold at an average grade of 16. Brucejack Gold Mine Project. 2% net smelter returns royalty on production in excess of 503,386 ounces of gold and 17,907,080 ounces of silver. The Application also noted that the proposed nameThe Company’s flagship Crown Project covers approximately a total of 16,468 hectares, located directly south of Seabridge Gold’s world-class KSM gold-copper deposits and Newcrest Gold’s Brucejack /Valley of the Kings gold mine. The Company is pleased to announce that David Prins has been appointed Project Director for the Brucejack Gold Project and will be responsible for all aspects of the Project’s construction, commissioning and transition to operations. Subject to market and operating conditions and approvals and potential delays due to COVID-19. 6 (con’t)Brucejack Prope. 3 announcement that the Brucejack project timeline had been accelerated "with dry commissioning now scheduled to commence in March 2017 and. Permitting of a high-grade underground gold mine at Brucejack is underway. The camp and processing facility at Newcrest's Brucejack gold mine in the Golden Triangle region of Northern BC. the project capital costs and initial working capital for the Brucejack Mine are expected to be fully funded. This past Monday, Silver Standard announced the results of a preliminary economic assessment combining its Snowfield and Brucejack projects. As part of the capital cost estimate update, a third party review and evaluation of the plans, budget and schedule for the Brucejack Project was completed by Martyn. Pretivm Reports COVID-19 Outbreak at Brucejack, Temporarily Restricts Travel. Pretivm Value Through Gold I TSX/NYSE : PVG BRUCEJACK PROJECT- P(PRESSIONS APPLICATION SUCCESSFUL Thank you for applying. Construction and. zinc and 105. A. The Financing, which provides for immediate access to US$340 million at closing, will fund a substantial portion of the costs to develop an underground mine at Pretivm's Brucejack Project. The Company's Brucejack Project is located on the Brucejack Property, which consists of four mining leases and six mineral claims approximately 3,306 hectares. in 2004 as chief geologist. VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2011) - Pretium Resources Inc. The Brucejack mine construction is several months ahead of schedule, but also 16% over budget. It is located approximately 950 kilometres northwest of Vancouver, 65 kilometres north-northwest of Stewart, and 21 kilometres south-southeast of the Eskay Creek Mine. In BC, many proposed mines undergo provincial environmental assessment (EA), which predicts a mine’s risks and involves government oversight and public engagement. In 2010 a total of 33,400 metres of diamond drilling was completed in 75 holes. Gabbs has an Inferred Mineral Resource of. 1, 2018 12:00 a. Konkin was appointed the Project Manager for Pretium Resources after it purchased the Snowfields-Brucejack Project from Silver Standard in 2010. is pleased to announce the following update on the activities underway and planned for 2015 to advance its Brucejack Project. In 2013, the Mount Milligan copper-gold mine became the first new greenfield mine project to open in B. Brazil Potash’s Autazes project halted on permitting suspension. 57/lb, Ag US$24/oz. 57:1 (Snowfield deposit) and 2. Mr. Pretivm is creating value through gold at its advanced-staged exploration projects Brucejack and Snowfield, located in north-western British Columbia. 5 Meters, including 6,700 g/t Gold Over 0. Pretivm is advancing its 100%-owned Brucejack Project in northern British Columbia to production as a high-grade gold underground mine. Pretium Resources Inc. Brucejack Gold Mine Project: Tsetsaut/Skii km Lax Ha Nation Traditional Knowledge and Traditional Use Report. Brucejack Project including the procurement of long- lead items and camp infrastructure. The Brucejack Gold Mine Project (Project) uses underground mining methods to extract gold and silver ore from veins located in a mountainous area. Brucejack and Snowfield Projects PDF - Minerals North. Pretivm is advancing its 100%-owned Brucejack Project in northern British Columbia to production as a high-grade gold underground mine. Pretivm acquired the mineral rights to the Project in late 2010; however, there has been active exploration in the area dating back to the 1960s. The software allows you to modify information, eSign, annotate, and share files. 95 million from the CleanBC Industry Fund in 2021 to help fund part of the project. Pretium Resources has secured a mine permit for its new $750m Brucejack project in British Columbia, Canada, and has passed all provincial and federal environmental agency approvals. , Pretivm’s Resource Manager is the Qualified Person, as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, responsible for the resource. 5 Meters Stephanie Wafforn, P. The Todd Creek property adjoins the southern boundary of the claim block covering the Brucejack Property, which is owned by Pretivm Resources Inc. is pleased to announce the following update on the activities underway and planned for 2015 to advance its Brucejack Project. The company began work on the project in June 2016 with two cranes and six operators, and, at the peak of construction, fielded five cranes and over 20. 8 million plus US$56 million in working capital for the first three months of operation after commissioning. Road crews continue to work from both ends of the planned access road extending from the Brucejack Project to Highway 37. 1 g/t Au and 11. The approach to the Brucejack project includes a 12-km traverse of the Knipple glacier. March 2016. Sc. Brucejack gold-silver mine is located about 940 km north of Vancouver, B. The Technical Report for the Brucejack Project Feasibility Study is expected to be filed on SEDAR this month and will also be available at Ian I Chang, M. Brucejack’s Valley of the Kings deposit, with an increase in Proven and Probable Mineral. GDMM15845MP-MP The 2019 Report updates the operating parameters contemplated in the Brucejack Feasibility Study entitled “Feasibility Study and Technical Report Update on the Brucejack Project, Stewart, BC. gold = $652. , until Newcrest acquired the company and the mine in March of this year. 19, is expected in the first half of 2014. In 2020, the ramp-up period to a maximum output of 3,800 t/d is complete, with production averaging 1. 9 million in U. A. The combined bulk tonnage resource at Brucejack and. 5 kilometers northwest of Brucejack, and the. 1 of 5 A worker conducts core sample processing at Pretium Resources Inc. 9 million ounces of. , Pretium. Brucejack Project. S. Konkin was the project manager for all of the Snowfield and Brucejack surface exploration programs completed by Silver Standard. VANCOUVER, British Columbia, Oct. Troy Shultz Manager, Investor Relations & Corporate Communications. The Company is in the process of advancing the Brucejack Project to a development decision and exploring the Snowfield Project. (TSX:SEA) and a co-operation agreement with. Geo. In its announcement, Newcrest said it expected “synergy benefits” of $15 million to $20 million per year from the acquisition and called Brucejack “one of the highest-grade operating gold. Pretivm is the owner of the Brucejack operation in the highly prospective Golden Triangle region of British Columbia, Canada. Pretium signed a US$540 million construction financing package, with the Orion Mine Finance Group and Blackstone Tactical Opportunities. Pretium Resources Inc. This Presentation contains “forward -looking information” and “forward looking statements” “future oriented financial information ” and/or “financial outlooks” within the meaning of. How a Feat of Financing Could Turn Brucejack into the Star of an M&A Show. ; Pretivm Resources Inc. ). 6Brucejack Property Geolog. Opportunity to retain exposure to Brucejack, while gaining exposure to Newcrest’s diversified portfolio of high-quality, long life, tier one assets. The McIlvenna Bay Project was awarded to the Kitsaki Procon Joint Venture (KPJV) in Q2 2023 following a proven track record in successful completions of various underground. Ken Konkin worked for Silver Standard for 19 years and managed advanced exploration programs at Manantial Espejo (Argentina), San Luis and Berenguela (Peru) as well as Snowfields (Pretium) in the Golden Triangle, BC. Certainechnical and t scientific information contained herein relating to the Brucejack Project is derived from, and in some instances is an extract from, the Company’s National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”) – technical report (the “2019 Report”) entitled “Technical Report on the. 3 Memorandum entitled, “Brucejack Project MA/EMA Permitting Phase Responses – to Information Requests from MEM & MOE – Groundwater Quality and QuantityPretium Resources Inc. ” This is the only material mineral project that Pretium is required to report. 1. played a major role in the Brucejack project, providing cranes and staff to help in the construction of mine facilities. Construction and. Kerr-Sulphurets-Mitchell ( KSM) is an active mine exploration project 65 km northwest of Stewart, British Columbia (1,545 km northwest of Vancouver, British Columbia ). Brucejack is located in northwestern British Columbia, approximately 65 kilometers north of Stewart, and is owned by Pretium Resources Inc. (Pretivm) proposes to develop the Brucejack Gold Mine Project (the Project) as a 2,700 tonne per day (tpd) underground gold/silver mine over a minimum 16-year mine life. The Brucejack project is planned to operate at a processing rate of 2,700 mt/d, mining a total of 16. It is located approximately 950 kilometres northwest of Vancouver, 65 kilometres north-northwest of Stewart, and 21 kilometres south-southeast of the Eskay Creek Mine. 92 US$/C$, Brucejack has a pre-tax NPV at a 5% discount of US$3. mineral exploration sector. (Image courtesy of Newcrest Mining. m. The latest reserves update from. (Pretivm) proposes to develop the Brucejack Gold Mine Project (the Project) as a 2,700 tonne per day (tpd) underground gold/silver mine over a minimum 16-year mine life. The Brucejack Project is subject to a 1. 291. As the project advanced, discussions expanded to include the Nisga’a and Tahltan. Sc. The company is very involved in the region and has different agreements with the local. This Management’s Discussion and Analysis (“MD&A”) should be read in conjunction with the condensed consolidated interim financial statements of Pretium Resources Inc. Pretivm is advancing its 100%-owned Brucejack Project in northern British Columbia to production as a high-grade gold underground mine. These rocks unconformably overlie volcanic arc sedimentary. The Brucejack project spans 463 square miles. Pretivm has 100% interest in the Snowfield and Brucejack Projects; combined they represent one of the largest underdeveloped gold resources in North America. The feasibility study for the Brucejack Project is expected to be completed in the second quarter of 2013. Brucejack hosts a major undeveloped high-grade gold resource, with Probable. ) Forward. Brucejack Mine – Cash Generating Since Start-Up November 19, 2019. Contributing 17,001 ounces of gold over the first 22 days after Newcrest Mining Ltd. Over 700 employees and contractors were working to complete the project. Cementation’s development scope. ” The Company's Brucejack Project is located on the Brucejack Property, which consists of four mining leases and six mineral claims approximately 3,306 hectares. is pleased to report on the progress of site construction activities at its high-grade gold Brucejack Project located in northwestern British Columbia. ”. You may view your papers from anywhere with an internet connection. Read More. The project will expand in phases, with the expansions focused on processing, starting at six. 5 million mt of ore at an average mill feed grade of 14. ) Forward. A feasibility study for a high-grade underground mine in Brucejack's Valley of the Kings is underway and expected in the second quarter of 2013. 824. Mr. Procon’s Brucejack Project is a full-service development and production contract delivering 3,800 tpd of ore in Northern BC, Canada. On track to deliver FY23 guidance following solid H1 operating and financial performance. Based on the results of the June 2014 Feasibility Study. Vancouver, British Columbia 31, 2017; Pretium Resources Inc. A 10,000-tonne bulk sample is currently underway at the Valley of the Kings, including a 15,000-meter underground drill program. 5 g/t Gold Over 53. Kerr-Sulphurets-Mitchell ( KSM) is an active mine exploration project 65 km northwest of Stewart, British Columbia (1,545 km northwest of Vancouver, British Columbia ). On March 27, 2015, our Environmental Assessment Certificate for the Brucejack Project was issued by the British Columbia Minister of the Environment and Minister of Energy and Mines. The 2020 program will also include drilling at the Koopa Zone, located 30 kilometers east-southeast of Brucejack, the Hanging Glacier Zone, located 4. The Company’s continuing operations and the underlying In 2011, Pretium began a mineral exploration program at the Brucejack Project, an underground gold mine located in northwestern British Columbia. Early Jurassic sedimentary and volcanic rocks of the Lower Hazelton Group host mineralisation. Prins has extensive experience in the evaluation, design, planning and execution stages of mining projects. Sc. English Deutsch Français Español Português Italiano Român Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Türkçe Suomi Latvian Lithuanian česk. About Pretivm . These rocks consist of sandstone, wackes and shale overlain by lapilli tuff of andesitic composition. In order to develop this project the company needs just over $400. The high-grade gold opportunity at Brucejack, one of the largest and highest-grading undeveloped gold projects in the world, is the catalyst for near-term production, and our focus. Geo. , Vice. It is located approximately 950 kilometres northwest of Vancouver, 65 kilometres north-northwest of Stewart, and 21 kilometres south-southeast of the Eskay Creek Mine. 1 of 5 A worker conducts core sample processing at Pretium Resources Inc. That initial resource estimate, announced earlier this year, is just the beginning for the latest world-class discovery to emerge from this aptly. x 7. EN. 2 Cautionary Statement Forward-Looking Information. The Brucejack project spans 1,200 square kilometres in the heart of British Columbia’s Golden Triangle, which has a 100-year mining history and also hosts the Red Chris, Eskay Creek and Snip. has sent out 172 layoff notices after negotiations failed with Pretivm to continue contract work at Brucejack Mine, according to Tsetsaut owner Darlene Simpson. Сomplete the form brucejack project for free Get started! Rate free . A pervasive quartz-pyrite-sericite alteration event predates the main stage of epithermal mineralisation. 4. Act (MA) Permit #M-243 for the Brucejack Gold Mine Project (Brucejack), which is an underground gold and silver mine, located approximately 65 kilometers northwest of Stewart and within the asserted traditional territory of Tsetsaut/ Skii km Lax Ha (TSKLH). Gabbs has an Inferred Mineral Resource of 1. is pleased to announce that it has been issued an Environmental Assessment Certificate for its Brucejack Project by the British Columbia Minister of the Environment and. Meliadine Project located in Nunavut was the third-largest mine, the Brucejack Project located in British Columbia was the fourth-largest mine, and the Meadowbank Complex located in Nunavut was the fifth-largest mine, with a total gold production of 370. The total project capital cost forecast (the “February 2017 Forecast”) to complete construction of the Brucejack Mine, including contingencies, is US$811. , Vice. Pretium Resources Inc. Big projects require big equipment, and All-West Crane & Rigging, Ltd. Also their site shows 30 million oz silver not to mention all. Pretivm is advancing its 100%owned Brucejack Project in northern British Columbia to - production as a high -grade gold underground mine. 28 billion post. 54 billion (US$2. Pretivm Records Third Quarter 2020 Operating and Financial Results; Brucejack Continues to Deliver Strong Cash Flow and Remains On-Track to Achieve 2020 Guidance. Konkin was appointed the Project Manager for Pretium Resources after it purchased the Snowfields-Brucejack. Konkin worked as a consulting geologist, including on numerous projects in the Golden Triangle, prior to joining Silver Standard in 1995. is pleased to report on the progress of site construction activities at its high-grade gold Brucejack Project located in northwestern British Columbia. (“Pretivm”, the “Company”, “we” or “us”) for the three and nine months ended September 30, 2016 as publicly filed on the System for Electronic Document Analysis and Retrieval. NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS . • Working capital at December 31, 2015 was $360. Based on the results of the June 2014 Feasibility Study. — Photo courtesy Pretium Resources Oskar Lewnowski, Chief Investment Officer of the Orion Mine Finance Group, commented, "As one of the largest investors dedicated to the mining industry, we are delighted to provide a portion of this comprehensive funding solution to the. Pretium also received. On February 3, 2017, we announced that the total project capital cost forecast to complete. Brucejack Gold Project Brucejack is located in northwestern British Columbia, approximately 65 kilometers north of Stewart, and is owned by Pretium Resources Inc. in 2004 as chief geologist. 07 million oz = 4. Final 20 November 2012 7 of 106 Figure 8. Based on the results of t he June 2014 Feasibility Study, Brucejack is expected to produce an average of 504,000 ounces of gold“The TSKLH Nation is the only First Nation claiming the entire Brucejack project area, and the mine site itself,” the release states. The 57-kilometer long transmission line connecting the Brucejack Mine to the BC Hydro power grid was completed on March 21, 2017 and energized on March 31, 2017 following regulatory approval. e. This project is in the development phase of it’s life cycle, with published reserves and resources along with ongoing exploration and mine construction. Pretium Resources’ Brucejack mine, in B. P2 is advancing its flagship Gabbs gold-copper project in Nevada with a modern exploration approach. Share this article. 067 million ounces of refined gold and 26. See full list on mining-technology. (Image courtesy of Newcrest Mining. Actually, about 200 employees are working on the site. Based on the Preliminary Assessment, the Snowfield-Brucejack Project would be operated as an open pit mine with an estimated 27 year mine life and life-of-mine waste to mineral material stripping ratios averaging 0. 7 million tonnes grading 8. SEE ALSO: Canada approves world’s largest copper-gold project. (“Pretivm”) is pleased to report positive results from a National Instrument 43-101-compliant Preliminary Economic Assessment (“PEA”) for the high-grade gold and silver resources identified to date at its Brucejack Project in northern British Columbia. 's Brucejack project await to be processed. Robert Quartermain, now co-chairman of Dakota Gold (NYSE American: DC), recalled in another session how Orion showed flexibility and trust in his plan to develop the Brucejack project in British. The updated capital cost forecast to complete construction of the Brucejack Mine. British Columbia's Golden Triangle is host to some of the world's largest gold deposits. 8 millionEnd of quarter cash balance: $40. The company began work on the project in June 2016 with two cranes and six operators, and, at the peak of construction, fielded five cranes and over 20. C. 7 g/t Ag; Pretium, 2016). Based on the results of t he June 2014 . and discussion of future plans, projects. The proposed Project would produce approximately 16 million tonnes of mineralized material at a rate of up to 2,700 tonnes per day over aVANCOUVER, British Columbia, Feb. For further information contact:. We welcome Jeane Hull to the Board and Richard O’Brien to the role of Board Chair as Pretivm enters the next chapter as a successful company. Newcrest owns and operates a portfolio of operating mines and exploration projects located in Australia, Canada and Papua New Guinea. , Pretivm’s Resource Manager is the Qualified Person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects responsible for the Mineral. Ore is processed using a combination of conventional sulphide floatation and gravity concentration to recover goldPretium Resources Inc. Pretivm is creating value through gold at its high-grade gold Brucejack Project, located in northern British Columbia. The Company is in the process of advancing the Brucejackupdates for the Brucejack Project in northern British Columbia. 07 million oz = 4. The 57-kilometer long transmission line connecting the Brucejack Mine to the BC Hydro power grid was completed on March 21, 2017 and energized on March 31, 2017 following regulatory approval. Pretivm is constructing a high-grade underground gold mine at its Brucejack Project in northern British Columbia with commercial production targeted for 2017. The Brucejack project spans 1,200 square kilometres in the heart of British Columbia’s Golden Triangle, which has a 100-year mining history and also hosts the Red Chris, Eskay Creek and Snip. is pleased to announce that it has received an Environmental Assessment Decision Statement from the Federal Minister of the Environment which finds that the Brucejack. Headquartered in Toronto, the company is listed on the Toronto Stock Exchange and the New York Stock Exchange. Pretium is currently focusing on production and underground mine development of the Valley of the Kings Zone at Brucejack, which is the largest of several mineralized zones on the Brucejack property (measured and indicated resources of 15. It is expected to produce over 7 million ounces of gold at an exceptional 12. Brucejack began commercial production in July 2017 and is one of the highest-grade operating gold mines in the world. Of this, 11 holes comprising 3693 metre were targeted at VOK (Valley of the Kings), and 2 holes, totalling 1119 metres at the footwall of West zone. The Technical Report for the Brucejack Project Feasibility Study is expected to be filed on SEDAR this month and will also be available at Ian I Chang, M. Pretium Resources is still advancing the Brucejack project but is waiting for funding before kicking off the huge construction activities. The Company owns the Brucejack and Snowfield Projects (the “Projects”) located in Northwest British Columbia, Canada. The Brucejack Project area is largely underlain by volcano-sedimentary rocks of the Lower Jurassic Hazelton Group. C. On February 14, the Company released its financial and operated results for Q4/18. The Brucejack Project is located in the Stikine terrane of north-western British Columbia, 50 km north of the town of Stewart. is pleased to report on the progress of site construction activities at its high-grade gold Brucejack Project located in northwestern British Columbia. Pretium Resources Inc. Based on the Preliminary Assessment, the Snowfield-Brucejack Project would be operated as an open pit mine with an estimated 27 year mine life and life-of-mine waste to mineral material stripping ratios averaging 0. Pretium Resources Brucejack project in 2011. 8Brucejack Property. Early Jurassic sedimentary and volcanic rocks of the Lower Hazelton Group host mineralisation. Capital expenditures to the end of Q3 2015 for the development of the Brucejack Project have totaled US$66 million.