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ADVANCING CONSTRUCTION OF THE HIGH-GRADE BRUCEJACK GOLD MINE
COMMERCIAL PRODUCTION TARGET 2017
June 20, 2017 First Gold Pour at Brucejack Mine
The first gold has been poured at the Brucejack Mine and the flotation and gravity circuits are now operational.  In addition, gold-silver flotation concentrate is being produced and bagged, with initial shipments scheduled.   Construction crews continue to be phased out as construction winds down and the operations team ramps up toward commercial production. For the news release on the...
May 1, 2017 Commissioning Underway at Brucejack Mine
Wet commissioning is nearing completion at the Brucejack Mine. The commissioning process was initiated in April and the first ore has been introduced to the process in preparation for production.    Construction of underground infrastructure, including the crusher, rock breaker, feeder, electrical substation, conveying system and transfer towers is substantially complete and...
March 31, 2017 Brucejack Transmission Line Energized
The Brucejack Mine transmission line is now energized and dry commissioning is underway.   Wet commissioning remains on schedule to begin in early April with the first ore expected to be introduced to the mill in mid-April. The 57-kilometer long transmission line connecting the Brucejack Mine to the BC Hydro power grid was completed on March 21, 2017 and energized on March 31, 2017...
March 9, 2017 Advancing the Brucejack Mine - Construction Progress
Construction of the Brucejack Mine has advanced ahead of schedule and dry commissioning of the mill is now planned for March 2017 with wet commissioning expected in early April 2017. Commissioning was previously planned for mid-2017. Over 144,000 tonnes of ore have been stockpiled on the surface and underground in preparation for mill commissioning. Underground development is well advanced with...
February 3, 2017 Brucejack Mine Construction Advancing Ahead of Schedule
Construction has advanced ahead of schedule and dry commissioning of the mill is now planned for March with wet commissioning expected in early April. (Commissioning was previously planned for mid-2017.)   Over 110,000 tonnes of ore has been stockpiled on surface and underground in preparation for mill commissioning. Underground development is well advanced with eleven stopes crosscut on two...
December 15, 2016 Brucejack Project Construction Update
Construction and development continues on schedule for commissioning of the underground mine in mid-2017. Following the full enclosure of the mill building in October, internal construction has progressed significantly. Over 45% of the internal structural steel is now complete and concrete continues to be poured and is over 80% complete. Concrete is currently being poured in the gold recovery...
December 15, 2016 Valley of the Kings Mineral Reserve Update
Highlights of the updated Mineral Reserve estimate include: Proven Mineral Reserves in the Valley of the Kings increased to 1.6 million ounces gold (3.3 million tonnes grading 14.5 grams per tonne gold) which is sufficient for the first three years of mine life. Proven and Probable Mineral Reserves in the Valley of the Kings increased to 8.1 million ounces gold (15.6 million tonnes grading 16.1...
October 27, 2016 Brucejack Project Construction Update
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...
July 21, 2016 Resource Estimate Update
As a result of the 2015/2016 underground infill drill program, the Valley of the Kings Mineral Resource estimate was updated (see news release dated July 21, 2016) . Measured Mineral Resources in the Valley of the Kings increased by 58% to 1.9 million ounces (3.5 million tonnes grading 17.0 grams per tonne gold) and Measured and Indicated Mineral Resources in the Valley of the Kings now total 9.1...
June 29, 2016 Brucejack Project Construction Update
Construction and development at the high-grade gold Brucejack Project continues on schedule for commissioning of the underground mine in mid-2017. Mill Facility Construction of the mill building continues to progress with the pouring of concrete foundations and pedestals for the building as well as footings and pedestals for the surge bin and the SAG and ball mills. Standing of structural steel...
April 19, 2016 Brucejack Project Construction Update
Construction and development remains on-schedule and on-budget for commissioning of the underground mine in mid-2017. Camp Installation The foundation for the 330-person camp at Brucejack is substantially complete including the installation of structural steel over the cast concrete pedestals. The first prefabricated modules for the camp have been mobilized to site, and installation of services...
March 10, 2016 Brucejack Project Update
Construction at the mine remains on schedule for expected commissioning in the third quarter of 2017. The permanent camp pad has been completed with the first concrete poured on January 19, 2016, and mobilization of the 330-person permanent camp to site is expected to begin in March with concrete foundation work scheduled to begin in April. The construction of the transmission line is also...
February 17, 2016 Updated Construction Cost and Working Capital Estimate for Brucejack is US$696.8 Million
On February 17, 2016, we announced an updated cost estimate and project update for the Brucejack Project. Based on the achievement of the 60% engineering milestone, a capital cost estimate was carried out in late 2015 to update the June 2014 Feasibility Study cost estimate for the Brucejack Project. The estimated total project capital cost to complete design, construction, installation and...
November 5, 2015 Brucejack Project Update
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...
September 15, 2015 US$540 Million Construction Financing and Production Decision Announced
The financing package of US$540 million construction financing with the Orion Mine Finance Group and Blackstone Tactical Opportunities has been negotiated. The Financing, which provides for immediate access to US$340 million at closing, will fund a substantial portion of the costs to develop an underground mine at Pretivm’s Brucejack Project. The Financing is comprised of a credit facility for...
September 1, 2015 Environmental Management Act and Mines Act Permits Received
All of the major regulatory permits required to begin development work towards commercial production at the Brucejack Project have been issued. The British Columbia Minister of Energy and Mines has issued a Mines Act Permit approving the mine plan and reclamation program allowing commercial production. The Mines Act Permit allows for the construction of a 2,700 tonnes per day doré and flotation...
June 9, 2015 Brucejack Project Update
Underground development in the Valley of the Kings has been progressing, and the first ventilation raise is under development. Detailed mine engineering has been ongoing, and final long lead equipment recommendations have been issued with bids received for a significant portion. Engineering for the transmission line is in the latter stages of completion, with a pole supplier selected and the pole...
April 2, 2015 Cooperation and Benefits Agreement Signed with Nisga’a Nation
Pretivm and the Nisga’a Nation entered into a Cooperation and Benefits Agreement in respect of the Brucejack Project. The Agreement establishes a long-term, mutually-beneficial relationship between Pretivm and the Nisga'a Nation. Under the terms of the Agreement, the Nisga'a Nation will provide ongoing support for the development and operation of Brucejack and Pretivm will honour commitments to...
March 27, 2015 British Columbia Environmental Assessment Approval Received
An Environmental Assessment Certificate for the Brucejack Project by the British Columbia Minister of the Environment and Minister of Energy and Mines has been issued. The Ministers issued the certificate with conditions which have given them the confidence to conclude that the project will be constructed, operated and decommissioned in a way that ensures no significant adverse effects are likely...
November 20, 2014 EPCM Contract Awarded to AMEC
AMEC Americas Limited (AMEC) was awarded the contract to provide the engineering, procurement and construction management (EPCM) services for the Brucejack Project. AMEC is an international engineering and project management firm with recently completed mining projects in British Columbia including New Gold’s New Afton Mine and Thompson Creek Metals’ Mount Milligan mine. AMEC has been involved...
June 19, 2014 Updated Feasibility Study for Brucejack Project
The updated Feasibility Study completed for the Brucejack Project confirmed positive economics and outlined an increase in the gold grade. Highlights from the Feasibility Study include: Increase in Mineral Reserve gold grade: Valley of the Kings Proven and Probable Mineral Reserves of 6.9 million ounces of gold (13.6 million tonnes grading 15.7 grams of gold per tonne) West Zone Proven and...

Latest Developments at Brucejack