Pretium Resources reported in early June its 2019 deep underground exploration drilling program has confirmed expectations for Brucejack-style mineralization and proximity to porphyry-style mineralization at depth and to the east of its Brucejack mine in northwest British Columbia.
Of particular note, hole VU-1787 intersected a zone of mineralized stockwork grading 5.56 grams (g)/metric ton (mt) gold and including visible gold between 198 meters (m) and 305 downhole approximately 240 m east of and below the eastern limit of the existing Valley of the Kings mineral resource.
A surface IP geophysical survey is being conducted to augment results achieved so far and generate targets for followup drilling.
Crews also have been mobilized for a 2019 grassroots exploration program on Pretium’s Bowser claims to follow up on comprehensive regional exploration that has previously been completed on the 1,250-km2 property that surrounds the Brucejack mine. This grassroots program includes 5,000 m of regional exploration drilling that began in early July.
In addition to drilling high-priority targets, this program will include sampling, regional mapping, prospecting, airborne and ground geophysics, and hyperspectral mapping. To date, exploration has identified several distinct areas that have the potential to host VMS deposits and high-grade, epithermal-related gold systems.