Mining News: Northern Neighbors: 20,000 g/t gold drilled in Valley of the Kings

Pretium Resources Inc. Jan. 8 said the fifth set of results from an underground infill drill program at the Valley of the Kings deposit of its Brucejack gold project in northwestern British Columbia continues to confirm the style and grade distribution of the gold mineralization in the area currently being tested. The best intercept from this round came in hole VU-545, which cut 21 meters averaging 494.91 grams of gold per metric ton uncut, including 20,287 g/t gold uncut over 0.5 meters. Other highlights include: hole VU-539 cut 14.22 meters averaging 477.29 g/t gold uncut, including 10,700 g/t gold uncut over 0.50 meters; and hole VU-537 cut 18.99 meter averaging 98.52 g/t gold uncut, including 3,200 g/t gold uncut over 0.50 meters. To date, results from 149 holes (26,833 meters) of the 2015 infill drill program for the Valley of the Kings have been reported with 25 intersections grading greater than 1,000 g/t gold. An additional 26,000 meters of definition drilling from four underground drill stations is in progress and is expected to be completed in the first-quarter of 2016. When completed, roughly 200 vertical meters over a strike length of 250 meters will have been drilled at 7.5- to 10-meter centers.

- Shane Lasley