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.
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