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Created: 01/26/2011 02:29:52 PM - Followers: 53 - Board type: Free - Posts Today: 0
 

 

PRETIVM’S BRUCEJACK IS THE HIGHEST-GRADING UNDEVELOPED LARGE-SCALE GOLD PROJECT. LOCATED IN NORTHERN BRITISH COLUMBIA, IT IS BEING ADVANCED AS AN UNDERGROUND GOLD MINE WITH COMMERCIAL PRODUCTION TARGETED FOR 2017.

Pretium Resources Inc. TSX/NYSE:PVG

BRUCEJACK PROJECT

High-Grade Gold Reserves
Proven and Probable Mineral Reserves for Valley of the Kings (at June 2014): • 6.9 Million ounces gold (13.6 Mt @ 15.7 g/t gold)
Brucejack Project Milestones                                                                                                                                                                      
2014: Plans: Advance permitting; plan and implement underground exploration program; planning excavation of 1,000 tonnes of high-grade ore.
2014: Filed Environmental Assessment Certificate application and updated Feasibility Study (June 2014).
2013: Updated Valley of the Kings Mineral Resource estimate (December); completed Valley of the Kings 10,000-tonne bulk sample program and underground exploration drilling; completed Feasibility Study (June);
initiated permitting for an 2,700 tonnes per day underground mine.
2012: Updated high-grade Mineral Resource estimate; initiated Feasibility Study; initiated exploration decline from West Zone historic workings to Valley of the Kings; filed Project Description and completed access to Highway 37.
2011: Completed first Mineral Resource estimate for Brucejack and conducted a 72,144-meter drill program focused on the Valley of the Kings.
2010 Dec: Pretium Resources Inc. acquired Brucejack Project and Snowfield Project from Silver Standard Resources Inc. for C$450 million; Pretium IPO on TSX.
2009-2010: Exploration resumed, discovery of the Valley of the Kings.                                                         
1999-2000: Acquisition by Silver Standard Resources Inc.
1993: Mine Development Certificate issued.                                                                                                                         
1990: Feasibility Study completed for West Zone.
1986-1989: Underground development of West Zone (5,276 meters).
1980-1985: West Zone discovery by Newhawk/Granduc.                                                                                                  
                                                                                                                                                                                                     
HIGHLIGHTS

• Permitting underway for high-grade underground mine
• Valley of the Kings remains open
• Located in British Columbia                                                                                                                                                                                                          
• Commercial production target 2017

ADVANCING BRUCEJACK TO PRODUCTION
June 2014 Feasibility Study Highlights
Processing rate 2,700 tonnes per day
Mine life 18 years
Total gold production 7.27 million oz
Average annual gold production 504,000 ounces (years 1-8) 404,000 ounces (life of mine)
Average gold grade 15.8 g/t (years 1-10) 14.1 g/t (life of mine)
All-in sustaining cash cost per oz US$448/oz
Capex (including contingencies) US$746.9 million
Total operating costs C$163.05/t milled
Internal Rate of Return 34.7% (pre-tax)  28.5% (post-tax)
Net Present Value US$2.25 billion (pre-tax) (5% discount) US$1.45 billion (post-tax)

Share capitalization (at July 29, 2014)

Issued and Outstanding Shares: 115,307,377
Options: 10,351,950
Fully diluted 125,659,327

Top Shareholders at April 28, 2014 (Source: IPREO, SEDI)

Silver Standard Resources Inc. 18.07%
Royce & Associates 6.71%
Liberty Metals & Mining Holdings 6.52%
Sun Valley Gold, LLC 4.29%
Aristeia Capital, LLC 3.45%
Robert Quartermain 2.72%
Franklin Advisers, Inc. 2.53%
Norges Bank Investment 2.34%
TD Asset Management 1.88%
Sprott Asset Management 1.69%
Fidelity Management & Research Company 1.35%
 
Recent News
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#1870
I am completely out. Good luck to all. wshaw14 01/12/2022 05:22:38 PM
#1869
Odds that Brandon & company raise capital gains Catchnrel 11/19/2021 11:25:57 PM
#1868
I had no choice and could not afford wshaw14 11/19/2021 06:06:22 PM
#1867
I'm holding out with hope of a better Catchnrel 11/19/2021 03:43:46 PM
#1866
I sold 50% at $14.60 and am still wshaw14 11/19/2021 10:56:44 AM
#1865
Wow, lousy deal for PVG shareholders, hope someone alidare 11/10/2021 06:52:42 AM
#1864
It will be interesting to see if there wshaw14 11/09/2021 06:16:08 PM
#1863
Wow, I didnt see that one coming. Catchnrel 11/08/2021 08:49:42 PM
#1862
http://ih.advfn.com/p.php?pid=nmona&article=86496726 PVG to be acquired for C Alvie 11/08/2021 06:01:59 PM
#1861
Next Thursday cones the 3rdQ. wshaw14 11/06/2021 02:12:30 PM
#1860
Yet another. There is a lot of gold wshaw14 10/26/2021 12:22:53 AM
#1859
MINING.com: Pretium makes new discovery around Brucejack. https://www.mining.com Catchnrel 10/25/2021 10:23:17 PM
#1858
I am looking forward to seeing the Q3 Production. wshaw14 10/06/2021 04:46:54 PM
#1857
Pretty good Q2 and exceptional exploration results. I wshaw14 09/01/2021 01:06:15 AM
#1856 Pretium Resources Inc: Pretivm Provides Notice of Second wshaw14 07/29/2021 01:38:40 PM
#1855 Sandvik announces electric mining vehicle order from Canada https://www.electrive.com/2021/07 wshaw14 07/01/2021 10:33:09 AM
#1854 It is natural for a gold mining stock wshaw14 06/18/2021 08:07:13 PM
#1853 Just sector-wide overreaction to fed head fake, imo...inflation Catchnrel 06/17/2021 09:32:20 PM
#1852 why the plunge down today 123tom 06/17/2021 02:28:15 PM
#1851 AMAZING ! MuskVoice 06/16/2021 09:14:16 AM
#1850 Pretium Resources Inc.: Resource Expansion Drilling at Brucejack wshaw14 06/15/2021 03:48:07 PM
#1849 https://newsheater.com/2021/05/27/pretium-resources-inc-pvg-reveals-an-earnings- wshaw14 05/28/2021 02:43:46 PM
#1848 Whole market has been insane for a while. Catchnrel 05/14/2021 11:29:55 PM
#1847 Wow, I am scratching my head. I cant wshaw14 05/13/2021 09:38:29 PM
#1846 Pretivm Records First Quarter 2021 Operating and Financial wshaw14 05/05/2021 05:00:08 PM
#1845 Pretium extends Brucejack high grade mineralization below current wshaw14 05/04/2021 10:47:34 AM
#1844 VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) wshaw14 04/15/2021 08:16:20 PM
#1843 Just checking in. No news lately that I wshaw14 04/08/2021 11:45:30 PM
#1842 https://www.msn.com/en-us/money/companies/pretium-resources-inc-pvg-q4-2020-earn wshaw14 03/12/2021 10:15:58 PM
#1841 02/25/2021 Pretium Resources: Underground Exploration Drilling at Brucejack wshaw14 02/26/2021 03:18:10 PM
#1840 02/17/2021 Pretivm Lifts COVID-19 Travel Restrictions at Brucejack wshaw14 02/17/2021 02:57:36 PM
#1839 It was always a matter of time until wshaw14 02/14/2021 12:04:09 AM
#1838 Currently, the Company is managing 14 cases of MuskVoice 02/11/2021 02:47:44 PM
#1837 https://www.pretivm.com/investors/presentations/default.aspx wshaw14 01/22/2021 05:08:04 PM
#1836 Pretivm Achieves Above Mid-Point of 2020 Production Guidance; wshaw14 01/19/2021 08:40:58 AM
#1834 I dont see it posted on the board, wshaw14 12/28/2020 06:10:01 PM
#1833 Discovery at the Hanging Glacier Zone with 2.1 wshaw14 12/16/2020 06:07:24 PM
#1832 Well, I was almost right on that one. Catchnrel 12/05/2020 06:14:05 PM
#1831 PVG can really knock a hole in their wshaw14 12/05/2020 01:33:53 AM
#1830 Pretivm to Divest Snowfield Property to Seabridge Gold wshaw14 12/04/2020 05:03:24 PM
#1829 https://www.pretivm.com/investors/presentations/default.aspx wshaw14 12/03/2020 02:23:36 PM
#1828 News; $PVG Pretium Resources Inc (PVG) Q3 2020 whytestocks 10/31/2020 02:00:18 PM
#1827 Not a bad quarter. wshaw14 10/29/2020 08:43:20 PM
#1826 Free cash flow = Music to my ears. HONU 10/29/2020 07:29:14 PM
#1825 Pretivm Records Third Quarter 2020 Operating and Financial Alvie 10/29/2020 07:22:32 PM
#1824 Just posted to Seeking Alpha today darga33 10/20/2020 08:08:11 PM
#1823 Pretivm Provides Notice of Third Quarter 2020 Operational wshaw14 10/15/2020 01:06:27 PM
#1822 Thanks for the info. wshaw14 10/09/2020 02:59:21 PM
#1821 Fidelity says due out Oct 28 (Unconfirmed). Alvie 10/09/2020 11:01:13 AM
#1820 I am looking forward to next Q report. wshaw14 10/09/2020 09:14:22 AM
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