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Providing coverage of Alaska and Northwest Canada's mineral industry
April 2016

Vol. 21, No. 15 Week of April 10, 2016

Mining News: Northern Neighbors: Infill drilling cuts more bonanza gold at Brucejack

Pretium Resources Inc. April 5 reported the underground infill drill program at the Brucejack mine project in northwestern British Columbia continues to confirm the style and grade distribution of the gold mineralization in the area of the Valley of the Kings deposit currently being tested. This seventh batch of assay results includes six intersections grading greater than 1,000 grams of gold per metric ton. Hole VU-633 intersected 428.43 g/t gold uncut over 14 meters, including 11,650 g/t gold uncut over 0.50 meters; VU-592 intersected 37.87 g/t gold uncut over 28 meters, including 1,760 g/t gold uncut over 0.50 meters; VU-598 intersected 46.15 g/t gold uncut over 34 meters, including 1,660 g/t gold uncut over 0.50 meters; VU-622 intersected 77.3 g/t gold uncut over 9.54 meters, including 1,425 g/t gold uncut over 0.50 meters; VU-648 intersected 40.46 g/t gold uncut over 17.13 meters, including 1,245 g/t gold uncut over 0.50 meters; and VU-637 intersected 26.16 g/t gold uncut over 28.85 meters, including 1,410 g/t gold uncut over 0.50 meters. This infill drill program is designed to target stope areas in years one through three of the current mine plan for the Valley of the Kings. With the positive results to date, the program has been expanded to 64,000 meters of definition drilling. Drilling is in progress with five drills turning and is expected to be finished in the second-quarter of this year. Once 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






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