Pretium Resources Inc. (
) reported drilling results at its high-grade gold Brucejack
Project in northern British Columbia. Drilling results from the
ongoing program at the Valley of the Kings, showed a number of
assays with more than 1,000 grams per tonne gold.
A total of 26,230 meters of drilling in 60 holes has been
completed in this first phase of the 2012 Brucejack Exploration
Program, which has now concluded, an updated resource estimate for
Brucejack is expected in the third quarter and will be used in the
feasibility study currently underway.
Phase two of the 2012 Brucejack Exploration Program is now
underway and focused on high-grade definition drilling of the
shallow high-grade resources at the Valley of the Kings and testing
extensions of the Valley of the Kings and other high-grade
PVG is now higher by about 6%, cutting earlier gains, at $15.42.
Volume traded is over 1 million.
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