Pretium Resources reported on July 27 and again on August 11, 2011, ongoing drilling in the Valley of the Kings Zone of its Brucejack project in northern British Columbia, Canada, continues to intersect high-grade gold mineralization along strike, and visible gold continues to be encountered. Selected drill highlights include: Hole SU-150, 0.5 m with uncut grades of 6,670 g/mt gold and 3,630 g/mt silver and 0.5 m with uncut grades of 1,640 g/mt gold and 423 g/mt silver; Hole SU-157, 0.5 m with uncut grades of 1,200 g/mt gold and 686 g/mt silver and 0.75 m with uncut grades of 800 g/mt gold and 718 g/mt silver; and Hole SU-160, 1.5 m with uncut grades of 383 /mt gold and 217 g/mt silver.
Gold mineralization in the Valley of the Kings Zone has now been defined over a length of 450 m from the Brucejack Fault to the east and to depths of 600 m below surface. The mineralization remains open at depth and to the east. A drill program of more than 70,000 m is now in progress on several zones of the Brucejack project.