Resource News

NYSE:PVG

Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) reported a ninth set of results from the underground infill drill program at the Brucejack Project’s Valley of the Kings.

Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) reported a ninth set of results from the underground infill drill program at the Brucejack Project’s Valley of the Kings. Results continue to confirm the style and grade distribution of the Valley of the Kings gold mineralization in the area currently being tested, which includes the intersection of high grade and visible gold.
As quoted in the press release:

Reported assays include three intersections grading greater than 1,000 grams per tonne gold, including the bonanza-grade intercept in hole VU-722 which encountered 37,117 grams per tonne gold uncut over 0.5 meters, the second highest grading intercept encountered to date at the Project. The highest-grading intercept was from surface hole SU-452 which intersected 41,582 grams per tonne gold uncut over 0.5 meters in 2012. (See Table 1 below for assays.)
Selected drill highlights include:

  • Hole VU-722 intersected 1,161 grams of gold per tonne uncut over 16.0 meters, including 37,117 grams of gold per tonne uncut over 0.50 meters;
  • Hole VU-715 intersected 46.08 grams of gold per tonne uncut over 23.29 meters, including 2,100 grams of gold per tonne uncut over 0.50 meters; and, •
  • Hole VU-698 intersected 29.67 grams of gold per tonne uncut over 40.0 meters, including 1,850 grams of gold per tonne uncut over 0.50 meters.

Holes VU-722 and hole VU-698 were drilled from the 1270-meter drill bay while hole VU-715 was drilled from the 1350-meter drill bay. To date results from 306 holes (53,685 meters) have been reported.
The 2015/2016 infill drill program is designed to target stope areas in years one through three of the current mine plan for the Valley of the Kings. The infill drill program is now complete and the final assays are currently being processed. Roughly 200 vertical meters over a strike length of 250 meters has been drilled at 7.5 to 10-meter centers. Assay results from drilling will continue to be reported as they are received.

 

Featured

MARKETS

Markets
TSX19999.69-633.59
TSXV719.81-50.16
DOW32245.70-653.67
S&P 5003991.24-132.10
NASD11623.25-521.41
ASX7120.70-84.90

COMMODITIES

Commodities
Gold1861.57+6.89
Silver22.01+0.20
Copper4.23+0.04
Palladium2162.00+72.00
Platinum969.00+14.00
Oil102.65-0.44
Heating Oil3.85+0.01
Natural Gas7.12+0.10

DOWNLOAD FREE REPORTS

×