GOLD: Pretium, Nisga’a Nation sign co-operation and benefits deal for Brucejack project

BRITISH COLUMBIA – Vancouver's Pretium Resources and the Nisga'a Nation have entered into a co-operation and benefits agreement that covers the company's Brucejack gold project 65 km north of Stewart.

The agreement calls for the Nisga'a Nation to provide ongoing support for the development and operation of Brucejack as a safe, environmentally sound mine with participation in its economic benefits. Pretium will honour commitments to the Nisga'a Nation regarding jobs and contracting opportunities at the project, education and training and financial payments.

The 2014 Brucejack feasibility study outlined an underground 2,700-t/d mine using longhole stoping and paste backfill. The mine will average 504,000 oz of gold per year over the first eight years, and 404,000 oz/y for the remaining 10 years of operation. Total pre-production capital cost and contingencies is estimated at US$746.9 million.

Additional information is available at Pretivm.com.