Value Through Gold

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

Brucejack Project Construction Update

10/27/2016

Construction at Brucejack has progressed significantly through the summer and fall and a number of key milestones have been achieved. With over 900 contractors and employees the Brucejack Project remains on schedule for commissioning and production in 2017.

Mill Facility

The structural steel, roof and wall cladding now enclose the mill building. Internal construction is ongoing in preparation of delivery and installation of mechanical equipment. The installation and assembly of the surge bin, the mill substation transformers, the process and fire water tanks and tailings thickener are progressing. Most of the major components including the SAG and ball mills are at site and initial mobilization of the remaining mechanical equipment has begun.

330-Person Camp

The three dorms as well as the kitchen facility that make up the permanent camp are in operation and occupied.

Transmission Line

Construction of the 57 kilometer-long transmission line is reaching completion with all 137 towers now erected. The transmission line conductor has been strung from the interconnection with the grid near Stewart, British Columbia to the Knipple substation on site. The final stage of stringing from the substation to Brucejack is nearing completion. The connection of the transmission line to the BC Hydro power grid remains on schedule and is expected in the fourth quarter.

Underground Development

Collaring of the main portal access for the Valley of the Kings and the portal building foundations have been completed. The portal will serve as the primary access point to convey the gold ore from the underground crusher to the mill.

Underground development remains on schedule and crews are advancing at an average rate of over 30 meters a day. Underground work is focused on the headings for infrastructure with the truck dump, crusher area and the conveyor ramp excavated. The last remaining round in the conveyor decline will break through to surface once the portal building is enclosed.