GOLD: Pretium updates Brucejack build

BRITISH COLUMBIA – Vancouver’s Pretium Resources is moving forward quickly as it prepares its Brucejack gold project for mine commissioning in mid-2017. The project, to cost almost US$700 million, will recover as much as 6.9 million oz of gold and 4.6 million oz of silver from proven and probable reserves of 13.6 million tonnes grading 15.7 g/t Au and 11.0 g/t Ag. The prefabricated modules for the 330-person camp have arrived and been installed at the mine site. The first of the three dorms is expected to be ready for occupancy shortly. The contractor is advancing the tower foundations for the transmission line, and the site should be connected to the BC power grid by the end of the year. Underground development has begun with the collaring of the portal access for the Valley of the Kings zone. Ore from the mine will be crushed underground and conveyed along the access decline to the mill. Work is also proceeding on six levels from 1,260 to 1,380 metres. Development of the infrastructure headings including the conveyor ramp, conveyor transfer tower, paste fill booster pump station, and vent raise 2 are also taking place. To view the most recent photos of construction progress please visit www.Pretivm.com/photo.