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Pretium Resources Hits 2,100 G/t Gold Over 2.05 Meters Near Brucejack

Teresa Matich
Oct. 08, 2015 09:52AM PST
Gold Investing

Pretium Resources (TSX:PVG) reported that regional drilling at the property surrounding its Brucejack project in northern BC has encountered high-grade intersections. This supports previously reported results, whcih either confirmed the presence of a new stockwork zone or an extension of the Valley of the Kings deposit.

Pretium Resources (TSX:PVG) reported that regional drilling at the property surrounding its Brucejack project in northern BC has encountered high-grade intersections. This supports previously reported results, whcih either confirmed the presence of a new stockwork zone or an extension of the Valley of the Kings deposit.
As quoted in the press release:

Selected drill highlights from the Flow Dome Zone include:

  • Hole SU-666 intersected 2,100 grams of gold per tonne uncut over 2.05 meters, including 8,600 grams of gold per tonne uncut over 0.50 meters; and
  • Hole SU-668 intersected 137 grams of gold per tonne over 0.50 meters.

In the Flow Dome Zone, high grade intersections along a broader corridor of mineralization were encountered in holes SU-666 and SU-668 up to 1,000 meters east of the Valley of the Kings. Additional drilling will be required to adequately define the zone.
In the Kitchen View Zone, hole SU-659 collard approximately 3.5 kilometers northeast of the Valley of the Kings, intersected a narrow zone with low grade gold, silver along with anomalous copper hosted in a sheared massive sulphide unit. A ground geophysical survey of the sulphide unit is planned for next year.
In the Hanging Glacier Zone, approximately 3 kilometers northwest of the Valley of the Kings, holes SU-665 and SU-667 intersected narrow zones with anomalous gold and copper values. Holes SU-669 intersected a single high grade value over 1.2 meters as well as low to medium grade gold values over intervals up to 20 meters thick.
Drilling in the Lookout Zone was focused on testing surface geochemical anomalies located 500 to 700 meters west of the Brucejack Fault. Holes SU-662, SU-663, and SU-664 intersected broad zones, up to 49 meters long, with low grade gold values. The Hanging Glacier and Lookout Zones are not currently considered priority targets for follow-up testing.

Click here for the full press release.

tsx-pvg pretium-resources
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