Established Intermediate High-grade gold Producer located in Canada
Highlights for Pretivm's underground Brucejack Mine:
- 965,788 ounces of gold produced since start-up in 2017, including 354,405 ounces of gold in 2019, and 82,888 ounces of gold in Q1 2020;
- Consistent positive cash flow since declaring steady state production in the third quarter 2017 - $555.7 million in cumulative cash flow from operations. This includes $41.8 million in free cash flow in Q1 2020 allowing us to repay an additional $16.7 million in debt. In 2019 Brucejack generated $184.2 million in free cash flow and repaid $180 million in debt;
- Proven and Probable Mineral Reserves in the Valley of the Kings of 4.2 million ounces of gold;
- 13 year mine life;
- Limited environmental footprint in a stable geopolitical location;
- The Valley of the Kings remains open to the east and west along strike and at depth.