BRITISH COLUMBIA – Pretium Resources of Vancouver says recent surface drilling at the Brucejack project 65 km north of Stewart has confirmed that the gold mineralization extends at depth.
The high grade gold intersections encountered between 500 meters and 600 meters down hole in SU-627 are interpreted to be the down dip extension of the northern part of the Valley of the Kings, said the company. The mineralization encountered at depth from 900 meters to 1,121 meters down hole is over 500 meters below the deepest intersections used in the December 2013 resource estimate.
Highlights from hole SU-627 include 10.93 metres of 43.57 g/t Au and 29.22 g/t Ag including 1.71 metres of 270.42 g/t Au and 92.63 g/t Ag. Lower down the hole, near the 585-metre mark, core assayed 26.00 g/t Au and 37.70 g/t Ag over 0.5 metres. The deepest 500 metres of the hole returned various grades between 3.01 and 6.22 g/t Au.
After upgrades to the infrastructure are done, Pretium plans underground drilling at the Valley of the Kings from the 1345 level access ramp. This drilling will test a zone of indicated resources and is to begin in July.
A geological summary and technical reports covering the Brucejack project are available at Pretivm.com.