The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Pretium Resources Inc. July 15 said results from a second set of assays from an underground infill drill program in the Brucejack project's Valley of the Kings zone continues to confirm the style and grade distribution of the gold mineralization in the area of the pending underground mine being tested.
Highlights from the most recent results include: 13.75 meters grading 164.54 grams of gold per metric ton gold uncut in hole VU-422; 10 meters of 259.48 g/t gold uncut in hole VU-423; 10.98 meters of 156.02 g/t uncut in hole VU-424; and 15 meters of 83.89 g/t gold uncut in hole VU-426.
The infill program will consist of roughly 40,000 meters of fan drilling from three drill stations with drill holes centers spaced at approximately 10 meters vertically and horizontally.
Holes VU-422, VU-423, VU-424, and VU-426 were drilled as part of the second fan.
To date, 51 holes totaling 9,003 meters have been completed which includes three geotechnical holes drilled into the proposed underground crusher location.
In addition to infill drilling, Pretium has begun a 10,000- to 15,000-meter grassroots exploration program targeting porphyry and epithermal-style mineralization east of the Brucejack project.
This program began with drilling at Flow Dome, a zone about 1,600 meters east of the Valley of the Kings that was selected based on extensive regional exploration conducted by Pretium, including airborne geophysics completed in 2014.
Additional airborne geophysical surveying is planned for this year.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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