Value Through Gold

projects
ADVANCING CONSTRUCTION OF THE HIGH-GRADE BRUCEJACK GOLD MINE
COMMERCIAL PRODUCTION TARGET 2017

Brucejack Project Update

11/05/2015

Basic and detailed engineering activities have been ongoing following completion of the updated National Instrument 43-101-compliant feasibility study for the Brucejack Projectin June 2014. All long lead items have been ordered, including the ball mill, SAG mill, transformers and switch gear. Construction power generators have been delivered to site and commissioned. Detailed project engineering continues along with an evaluation and review of the capital cost budget.

Construction at the Brucejack Project commenced on September 5, 2015 following the receipt of all major permits. Activities are focused on bulk earth works, including the pads for the permanent camp and mill building, in preparation for facilities construction in the spring of 2016. Additional construction activities at site have included the excavation of diversion ditches and contact water pond and the widening of the haul road to accommodate construction traffic. The permanent camp has been fabricated offsite and is expected to be assembled on site in the first half of 2016.

Transmission line right-of-way clearing commenced and the contract for the transmission line towers was issued.

Underground development is ongoing, with an initial focus on underground exploration development. With the receipt of final mine development permits, the focus switched to the development of mine infrastructure. Prior to the end of the quarter, the pre-production underground development contract was awarded to Cementation Canada Inc.

For the Third Quarter 2015 - Consolidated Management Discussion and Analysis dated September 30, 2015 which includes a project update click here.