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Enter Symbol
or Name
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CA



Pretium Resources Inc
Symbol PVG
Shares Issued 105,051,050
Close 2013-11-21 C$ 3.08
Market Cap C$ 323,557,234
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Pretium produces 4,215 oz Au from Valley sample

2013-11-22 07:03 ET - News Release

Mr. Robert Quartermain reports

PRETIUM RESOURCES INC.: BULK SAMPLE SURPASSES TARGET OF 4,000 OUNCES OF GOLD; PROCESSING CONTINUES

Pretium Resources Inc. has produced 4,215 ounces of gold from 8,090 dry tonnes of excavated material from the Valley of the Kings bulk sample program. Approximately 1,815 wet tonnes remain to be processed. The preliminary mill results to date are shown in the table.

The results to date shown in the table surpass the target of 4,000 ounces of gold projected to be produced from the entire 10,000 tonnes of material excavated for the program. Processing is continuing on track and is expected to be completed by the first week of December (after a week-long mill shutdown for the United States Thanksgiving holiday). Shipment and sale of the gravity concentrate have commenced, with shipment of the flotation concentrate to commence on completion of processing. The final amount of gold production will be announced at the end of processing and assaying, which is expected by mid-December.

                  PRELIMINARY MILL RESULTS FROM PROCESSING
                              (at Nov. 20, 2013)

                 Gold           Gold                     Total         Total
Tonnes         ounces         ounces        Gold     contained     contained
milled        gravity      flotation      ounces          gold        silver
(dry)     concentrate    concentrate    tailings        ounces        ounces

8,090           2,542          1,588          85         4,215         3,593

Note: 
Preliminary mill results are provided by Strategic Minerals LLC, operator 
of the mill, and are subject to final establishment of weights, assays 
and settlement. 

Independent qualified persons from Snowden Mining Industry Consultants are responsible for the review and sign-off of the milling and processing component of the program and will issue a final report on its completion.

Ian Chang, MASc, PEng, vice-president, project development, Pretium Resources, is the qualified person responsible for Brucejack project development.

We seek Safe Harbor.

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