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Pretium Resources Inc.: Brucejack Mine Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 21, 2017) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to report that the ramp-up continues to advance at the high-grade gold Brucejack Mine, and the mine is targeting steady state production for the end of 2017.
With the grade ramping up and the mill now exclusively processing stope ore, production of doré and flotation concentrate has increased. As a result of the increased production and the concomitant proceeds from the sale of doré and flotation concentrate, the Company is expected to achieve positive working capital by the end of this quarter.
All of the main operating units in the mill building are performing as expected, and the plant is consistently operating at nameplate capacity of 2,700 tonnes per day or better. Optimization of the gold recovery process is ongoing and the start-up issues encountered within the gold room have been addressed. The production of metallic slag has been eliminated. Gold recovery at the shaker table has significantly improved, and overall, gold recoveries are currently exceeding 95%.
Long-hole drilling is currently drilling off stopes at a rate of approximately 250 meters per day. Currently 7 stopes are operational, 3 stopes are available for drilling and an additional 24 stopes are in various stages of development.
Gold production for the third quarter is expected to be announced in October.
http://www.pretivm.com/news/news-details/2017/Pretium-Resour…
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 21, 2017) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to report that the ramp-up continues to advance at the high-grade gold Brucejack Mine, and the mine is targeting steady state production for the end of 2017.
With the grade ramping up and the mill now exclusively processing stope ore, production of doré and flotation concentrate has increased. As a result of the increased production and the concomitant proceeds from the sale of doré and flotation concentrate, the Company is expected to achieve positive working capital by the end of this quarter.
All of the main operating units in the mill building are performing as expected, and the plant is consistently operating at nameplate capacity of 2,700 tonnes per day or better. Optimization of the gold recovery process is ongoing and the start-up issues encountered within the gold room have been addressed. The production of metallic slag has been eliminated. Gold recovery at the shaker table has significantly improved, and overall, gold recoveries are currently exceeding 95%.
Long-hole drilling is currently drilling off stopes at a rate of approximately 250 meters per day. Currently 7 stopes are operational, 3 stopes are available for drilling and an additional 24 stopes are in various stages of development.
Gold production for the third quarter is expected to be announced in October.
http://www.pretivm.com/news/news-details/2017/Pretium-Resour…
Jaguar Mining Intercepts High Grade Gold Mineralization Including Visible Gold at Pilar
https://www.jaguarmining.com/investors/news-releases/2017/ja…
https://www.jaguarmining.com/investors/news-releases/2017/ja…
Roxgold Increases Full Year Gold Production Guidance To 115,000 – 125,000 Ounces
http://www.roxgold.com/roxgold-increases-full-year-gold-prod…
http://www.roxgold.com/roxgold-increases-full-year-gold-prod…
Integra Resources to Acquire DeLamar Project From Kinross Gold
https://www.juniorminingnetwork.com/junior-miner-news/press-…
https://www.juniorminingnetwork.com/junior-miner-news/press-…
Australian Mining Magazine September
https://www.australianmining.com.au/latest-magazine/
https://www.australianmining.com.au/latest-magazine/
Trading Spotlight
Vendetta Mining Discovers New High Grade Zone at Pegmont Lead/Zinc Deposit
http://vendettaminingcorp.com/wp-content/uploads/2017/09/201…
http://vendettaminingcorp.com/wp-content/uploads/2017/09/201…
Kinross Gold to spend $1 billion to expand Mauritania, Nevada mines
The miner aims to boost output and lower costs
http://business.financialpost.com/commodities/mining/kinross…
The miner aims to boost output and lower costs
http://business.financialpost.com/commodities/mining/kinross…
Golden Star extends high grade B Shoot zone through step out drilling at Wassa Underground Gold Mine
http://www.gsr.com/investors/news/news-details/2017/Golden-S…
http://www.gsr.com/investors/news/news-details/2017/Golden-S…
Victoria Gold: 146m @ 0.67 g/t Au; including 14m @ 4.87 g/t Au Trench Results at Newly Discovered Bluto Target, Dublin Gulch, Yukon
https://www.vitgoldcorp.com/news/2017/victoria-gold-146m-0.6…
https://www.vitgoldcorp.com/news/2017/victoria-gold-146m-0.6…
Fortune Minerals Reports All-Season Road Milestone
http://www.fortuneminerals.com/news/press-releases/press-rel…
http://www.fortuneminerals.com/news/press-releases/press-rel…
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