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Nov 28. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Nov. 28, 2011) - Pretium Resources Inc. ("Pretivm") (TSX:PVG) is pleased to report an updated mineral resource estimate for its wholly-owned Brucejack Project located in northern British Columbia. High-grade and bulk-tonnage gold resources have increased significantly as a result of the update. High-Grade (5.0 grams of gold-equivalent per tonne cut-off) Grade & Tonnage Estimate - 5.06 million ounces of gold in the Measured and Indicated resource categories (9.3 million tonnes grading 16.92 grams of gold per tonne), for a 460% percent increase; and - 3.33 million ounces of gold in the Inferred resource category (4.0 million tonnes grading 25.67 grams of gold per tonne). Bulk-Tonnage (1.25 grams of gold-equivalent per tonne cut-off) Grade & Tonnage Estimate - 8.46 million ounces of gold in the Measured and Indicated resource categories (74.1 million tonnes grading 3.55 grams of gold per tonne), for a 164% percent increase; and - 6.76 million ...
Nov 10. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Nov. 10, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report the following highlights from the third quarter of 2011 and updates for its Brucejack and Snowfield projects in northern British Columbia. Third Quarter 2011 Highlights: - Intersected a total of 24 intervals with uncut grades over 1,000 grams per tonne gold in 17 holes during the course of the 2011 drill program; - Completed a total of 72,144 meters in 176 holes on conclusion of the 2011 drill program in mid-October; - Closed a private placement of 1,390,000 flow-through common shares at a price of $10.85 per share for aggregate gross proceeds of $15,081,500; and - Ended the quarter with working capital of $33.0 million. Brucejack Project Drilling over the course of the quarter demonstrated the continuity of high-grade gold mineralization in the Valley of the Kings Zone, with numerous intersections of visible gold. High-grade structures were identified in the ...
Nov 10. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Nov. 10, 2011) - Pretium Resources Inc. ("Pretivm") (TSX:PVG) is pleased to report the final assay results from its Brucejack Project in northern British Columbia, including more exceptionally high-grade results from the Valley of the Kings Zone. (See Table 2 below for the final 26 holes.) Valley of the Kings Zone Selected highlights include: - Hole SU-266 intersected 0.56 meters with uncut grades of 13,600 grams of gold and 6,910 grams of silver per tonne (1.8 feet averaging 396.7 ounces gold and 201.5 ounces of silver per ton); - Hole SU-269 intersected 0.68 meters with uncut grades of 6,110 grams of gold and 2,220 grams of silver per tonne (2.2 feet averaging 178.2 ounces gold and 64.7 ounces silver per ton). The bonanza-grade intercept in hole SU-266, which ended in mineralization, was intersected in an interval of 5.5 meters with cut grades of 36.8 grams of gold and 261.9 grams of silver per tonne (uncut grades of 1,414.6 grams of gold ...
Oct 27. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Oct. 27, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report further assay results from its Brucejack Project in northern British Columbia which continue to demonstrate the continuity of high-grade gold mineralization in the Valley of the Kings Zone. Twelve intersections grade over 100 grams per tonne gold, including an intercept from hole SU-260 grading 17,750 grams per tonne gold over 0.5 meters, the second-highest grading gold intersection to date on the property (see Table 1 for the most recent 28 holes). Selected highlights include: - Hole SU-260 intersected 0.5 meters with uncut grades of 17,750 grams of gold and 7,780 grams of silver per tonne (1.6 feet averaging 517.7 ounces gold and 226.9 ounces of silver per ton); - Hole SU-249 intersected 0.5 meters with uncut grades of 3,880 grams of gold and 1,745 grams of silver per tonne (1.6 feet averaging 113.2 ounces gold and 50.9 ounces silver per ton); - Hole SU-239 ...
Oct 17. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Oct. 17, 2011) - Pretium Resources Inc. ("Pretivm") (TSX:PVG) is pleased to provide the following update on the progress of activities at its high-grade gold Brucejack Project in northern British Columbia. Exploration The Brucejack camp is now being expanded and winterized for year-round operations. A crew and equipment have been mobilized to begin de-watering the 5,300 meters of historic West Zone underground workings. Once the workings have been de-watered, alternatives for underground access to the Valley of the Kings Zone high-grade gold mineralization will be assessed for potential underground drilling and/or bulk sampling. Exploration drilling at Brucejack has concluded for the season, with 176 holes completed totalling 72,144 meters. Assay results for 54 outstanding holes, of which 43 are from the Valley of the Kings Zone, will continue to be reported as they are received. The update to the Brucejack mineral resource estimate will be ...
Oct 6. 2011
The University of New Brunswick in Fredericton is home to the Quartermain Earth Science Centre thanks to a $1-million contribution by UNB alumnus and mining executive, Bob Quartermain.

An event was held Wednesday on campus to officially open the centre.

Located in UNB's forestry and geology building, the centre includes dinosaur replicas, a large-scale display showing a journey to the centre of the earth, a working seismograph and a mineral showcase. It also houses a new teaching and computer lab and will serve as a repository for items and information important to New Brunswick and Fredericton geology. The centre's curator, Adrian Park, will offer tours, making it a valuable outreach tool for UNB.

Cliff Shaw, chair of UNB's department of earth sciences says no matter which side of the resources / environmental protection argument you take, it is essential that you understand how the planet works.

"Many of the global environmental ...
Sep 29. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Sept. 29, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report results from the Brucejack Project where ongoing drilling continues to demonstrate the continuity of high-grade gold mineralization, and visible gold continues to be encountered. (See Table 1 for the most recent 23 holes). Valley of the Kings Zone Selected highlights include: Hole SU-230 intersected 1.0 meters with uncut grades of 7,420 grams of gold and 3,800 grams of silver per tonne (3.3 feet averaging 216.4 ounces gold and 110.8 ounces of silver per ton); Hole SU-226 intersected 0.5 meters with uncut grades of 1,465 grams of gold and 863 grams of silver per tonne (1.6 feet averaging 42.7 ounces gold and 25.2 ounces silver per ton). The bonanza-grade intercept in hole SU-230 noted above was intersected within a 6.5 meter interval with cut grades of 76.8 grams of gold and 478.5 grams of silver per tonne (uncut grades of 1,349 grams of gold and 740 grams of ...
Sep 12. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Sept. 12, 2011) - Pretium Resources Inc. ("Pretivm") (TSX:PVG) is pleased to report results from the Brucejack Project where ongoing drilling in the Valley of the Kings Zone continues to demonstrate the continuity of high-grade gold mineralization. (See Table 1 for the most recent 15 holes.) Valley of the Kings Zone Selected highlights include: - Hole SU-195 intersected 0.5 meters with uncut grades of 5,740 grams of gold and 2,750 grams of silver per tonne (1.6 feet averaging 167.4 ounces gold and 80.2 ounces of silver per ton); - Hole SU-193 intersected 1.5 meters with uncut grades of 1,040 grams of gold per tonne (4.9 feet averaging 30.3 ounces gold per ton). In addition to these bonanza-grade intercepts, drilling continues to intersect significant gold mineralization over broad widths. Hole SU-193 noted above encountered additional mineralization at depth grading 7.2 grams per tonne gold over 43 meters, including 1.5 meters with an uncut ...
Sep 9. 2011
Standard & Poor's Canadian Index Operations announces the following index changes as a result of the Quarterly S&P/TSX Composite Index Review.  These changes will be effective at the open on Monday, September 19, 2011 : S&P/TSX COMPOSITE INDEX ADDITIONS Issue Name  Symbol   60/Completion   Live Composite GICS Sector  Index Avion Gold Corporation AVR Completion Materials Banro Corporation BAA Completion Materials Premier Gold Mines Limited   PG Completion Materials DELETIONS Issue Name  Symbol   60/Completion   Live Composite GICS Sector  Index Eastern Platinum Limited   ELR Completion Materials Perpetual Energy Inc. PMT Completion Energy Sino-Forest Corporation TRE Completion Materials Transat A.T. Inc. TRZ.B Completion Consumer Discretionary Note: The deletion of Sino-Forest Corporation from the S&P /TSX Composite Index has already been announced and will be at zero price. Changes to the S&P/TSX Composite Index will also affect the S&P/TSX Capped Composite Index.  Stocks added to or ...
Aug 22. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Aug. 22, 2011) - Pretium Resources Inc. ("Pretivm") (TSX:PVG) is pleased to report drilling results from the Brucejack Project where ongoing drilling in the Valley of the Kings Zone continues to intersect high-grade gold mineralization, and the potential for high-grade structures has been identified in other zones on the property. (See Table 1 for the most recent 35 holes.) Valley of the Kings Zone Selected highlights include: - Hole SU-176 intersected 0.5 meters with uncut grades of 2,810 grams of gold and 1,030 grams of silver per tonne (1.6 feet averaging 81.9 ounces gold and 30.0 ounces of silver per ton); - Hole SU-190 intersected 2.0 meters with uncut grades of 1,094 grams of gold and 263.5 grams of silver per tonne (6.6 feet averaging 31.9 ounces gold and 7.7 ounces of silver per ton). The bonanza-grade intercepts from holes SU-176 and SU-190 noted above were both intersected on section down dip from an intercept from hole SU-12 grading ...
Aug 11. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Aug. 11, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report the following highlights from the second quarter of 2011 and updates for its Brucejack and Snowfield projects in northern British Columbia. Second Quarter 2011 Highlights: - Positive Preliminary Economic Assessment (PEA) on the Brucejack high- grade resource; - Increased drill program to include over 70,000 meters, and completed approximately 34,098 meters in 92 holes at July 31; - Joint engineering study underway with Seabridge Gold Inc. examining the economics of combining Pretivm's Snowfield Project and Seabridge's KSM Project as a single operation; and - Working capital of $35.3 million at the end of the quarter, with an additional $15,081,500 of flow-through funds raised subsequent to the end of the quarter. Brucejack Project In early June, we reported the results of a 43-101-compliant PEA examining the economics of an underground mining operation at ...
Aug 11. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Aug. 11, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report that ongoing drilling in the Valley of the Kings Zone continues to intersect high-grade gold mineralization along strike, and visible gold continues to be encountered. (See Table 1 for the most recent nine holes from the Valley of the Kings Zone.) Selected drill highlights include: - Hole SU-150 intersected: - 0.5 meters with uncut grades of 6,670 grams of gold and 3,630 grams of silver per tonne (1.6 feet averaging 194.5 ounces gold and 105.9 ounces of silver per ton), and - 0.5 meters with uncut grades of 1,640 grams of gold and 423 grams of silver per tonne (1.6 feet averaging 47.8 ounces gold and 12.3 ounces of silver per ton). - Hole SU-157 intersected: - 0.5 meters with uncut grades of 1,200 grams of gold and 686 grams of silver per tonne (1.6 feet averaging 35.0 ounces gold and 20.0 ounces of silver per ton), and - 0.75 meters with uncut grades of 800 ...
Jul 27. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - July 27, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report that drill results from its Brucejack Project continue to demonstrate the continuity of high-grade gold mineralization in the Valley of the Kings Zone, and drilling has also identified at least one high-grade gold structure in the Gossan Hill Zone. (See Table 1 for the 2011 results from all zones drilled to date.) Valley of the Kings Zone The Valley of the Kings Zone hosts several high grade structures, with mineralization now defined over a length of 400 meters extending from surface to depths of 600 meters below surface. The mineralization remains open at depth and to the east. Visible gold continues to be encountered, generating bonanza-grade intercepts. Selected drill highlights include: - Hole SU-130 intersected 0.5 meters with uncut grades of 656 grams of gold and 378 grams of silver per tonne (1.6 feet averaging 19.1 ounces gold and 11.0 ounces of silver ...
Jul 15. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - July 15, 2011) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG) ("Pretivm" or the "Company") is pleased to announce that it has closed its private placement of 1,390,000 flow-through common shares ("Flow-Through Shares") of Pretivm at a price of $10.85 per Flow-Through Share for aggregate gross proceeds of approximately $15 million (the "Offering"). The gross proceeds of the Offering will be used to accelerate exploration at Brucejack, so that a feasibility study on the high-grade opportunity at Brucejack can commence on completion of this year's exploration program. The gross proceeds of the offering will be used during the 2011 exploration program to incur eligible Canadian Exploration Expenses ("CEE") that will qualify as "flow through mining expenditures", as defined in subsection 127(9) of the Income Tax Act (Canada), and "BC flow-through mining expenditures", as defined in the ...
Jul 7. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - July 7, 2011) - Pretium Resources Inc. ("Pretivm") (TSX:PVG) is pleased to report that initial results from the 2011 drill program at its Brucejack Project confirm the continuity of high-grade gold mineralization in the Valley of the Kings Zone, and drilling continues to intersect visible gold. (See Table 1 for the initial 2011 results from all zones drilled to date.) Valley of the Kings Zone Drilling is demonstrating that high-grade gold mineralization in the Valley of the Kings Zone extends from surface to depths in excess of 500 meters. Selected drill highlights include: - Hole SU-113 intersected 1.5 meters with uncut grades of 259 grams of gold and 181 grams of silver per tonne (4.9 feet averaging 7.6 ounces gold and 5.3 ounces of silver per ton); - Hole SU-115 (previously reported) intersected 0.6 meters with uncut grades of 18,755 grams of gold and 9,312 grams of silver per tonne (2.0 feet averaging 547.1 ounces gold and 271.6 ounces of ...
Jun 30. 2011
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG) ("Pretivm" or the "Company") is pleased to announce that the syndicate of underwriters, led by CIBC and including BMO Capital Markets and GMP Securities L.P. , have exercised the option to purchase an additional 460,000 Flow-Through Shares pursuant to its previously announced bought deal financing. Pretivm has agreed to issue by way of private placement a total of 1,390,000 flow-through common shares ("Flow-Through Shares") of Pretivm at a price of $10.85 per Flow-Through Share for aggregate gross proceeds of $15,081,500 (the "Offering"). The Offering is scheduled to close on or about July 15, 2011 , subject to regulatory approvals. The gross proceeds of the Offering will be used to accelerate exploration at Brucejack, so that a feasibility study on the high-grade opportunity at Brucejack can commence on completion of this year's exploration program. The gross proceeds of the ...
Jun 29. 2011
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG) ("Pretivm" or the "Company") is pleased to announce that it has entered into a bought deal agreement with a syndicate of underwriters led by CIBC (the "Underwriters"), to issue by way of private placement 930,000 flow-through common shares ("Flow-Through Shares") of Pretivm at a price of $10.85 per Flow-Through Share for aggregate gross proceeds of approximately $10 million (the "Offering"). The offering is scheduled to close on or about July 15, 2011 , subject to regulatory approvals. The gross proceeds of the Offering will be used to accelerate exploration at Brucejack, so that a feasibility study on the high-grade opportunity at Brucejack can commence on completion of this year's exploration program. The gross proceeds of the Offering will be used during the 2011 exploration program to incur eligible Canadian Exploration Expenses ("CEE") that will qualify as "flow through ...
Jun 8. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - June 8, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report that one of the first holes drilled in the 2011 Brucejack Project exploration program has encountered the highest-grading gold intersection to date on the property. Selected intercepts from the first 85 meters drilled of hole SU-115, in the Valley of the Kings Zone, include: - 0.6 meters with uncut grades of 18,755 grams of gold and 9,312 grams of silver per tonne (2.0 feet averaging 547.1 ounces gold and 271.6 ounces of silver per ton); - 1.3 meters with uncut grades of 1,005 grams of gold and 577 grams of silver per tonne (4.2 feet averaging 29.3 ounces gold and 16.8 ounces of silver per ton); - 0.5 meters with uncut grades of 4,209 grams of gold and 2,040 grams of silver per tonne (1.6 feet averaging 122.8 ounces gold and 59.5 ounces of silver per ton). Hole SU-115, which was drilled to a total depth of 306 meters, was collared 60 meters west of ...
Jun 2. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - June 2, 2011) - Pretium Resources Inc. ("Pretivm") (TSX:PVG) is pleased to report positive results from a National Instrument 43-101-compliant Preliminary Economic Assessment ("PEA") for the high-grade gold and silver resources identified to date at its Brucejack Project in northern British Columbia. The PEA was prepared by Wardrop, a Tetra Tech Company (Wardrop). - PEA Highlights - Base case estimated pre-tax Net Present Value (5% discount) of US$662 million and internal rate of return of 27.1%, using US$1,100/oz gold and US$21/oz silver; - Mine life of 16 years, with an average processing rate of 1,500 tonnes/day; - Annual average production for first ten years of 173,200 ounces of gold and 1.12 million ounces of silver; - Estimated capital cost, including contingencies, of US$281.7 million. Economic Evaluation A summary of pre-tax financial outcomes using three metal price scenarios, including recent spot metals prices, is presented below: ...
May 30. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - May 30, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report that the 2011 exploration program is now underway at its Brucejack Project in northern British Columbia. Five out of eight drills with crews have been mobilized to the project and drilling has commenced. Drill pad construction is progressing ahead of schedule and the first 30 drill pads have been completed. The remaining drills and crews are scheduled to arrive within a week. Over 50,000 meters of drilling is planned this season, with the majority concentrated on the known areas of high-grade gold mineralization. Definition drilling of the Valley of the Kings Zone, where previous drilling has encountered multi-kilogram gold intersections in parallel zones, is the first area of focus for the 2011 program. Other priorities include testing for extensions of the West Zone footwall, a new area of mineralization defined in 2010, as well as testing for high-grade ...
May 13. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - May 13, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report the following highlights from the first quarter of 2011 and updates for its Brucejack and Snowfield projects in northern British Columbia. First Quarter 2011 Highlights: - High-grade resource outlined at Brucejack using a cut-off grade of 5.0 grams of gold-equivalent per tonne; - A Preliminary Economic Assessment (PEA) of the Brucejack high-grade resource, now expected in June 2011; - A 134% increase in total gold and silver resources at the Brucejack project; - Following completion of the quarter, the announcement of cooperation agreements with Seabridge Gold Inc. including the preparation of an engineering study examining the economics of combining Pretivm's Snowfield Project and Seabridge's KSM Project as a single operation; - Secondary offering by principal shareholder Silver Standard Resources Inc. which reduced its equity interest in Pretivm to ...
May 12. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - May 12, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report positive preliminary metallurgical results for its wholly-owned Brucejack Project located 65 kilometers north of Stewart, British Columbia. Based on a combination of gravity concentration and conventional leaching of a bulk flotation concentrate producing dore, precious metal recoveries from the higher-grade Brucejack mineralization are estimated as follows: - Gold recoveries range from 92% to 95%, with recoveries increasing with grade for sample grades ranging from 6 grams per tonne gold to 14 grams per tonne gold. - Silver recoveries range from 73% to 76%, with recoveries increasing with grade for sample grades ranging from 20 grams per tonne silver to 120 grams per tonne silver. A high-grade West Zone composite sample with a head grade of 77 grams per tonne gold achieved recoveries of 99% gold. The test results demonstrate the potential for excellent ...
May 9. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - May 9, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report that it has signed agreements with Seabridge Gold Inc. ("Seabridge") to cooperate in advancing Pretivm's Brucejack and Snowfield projects and Seabridge's KSM project, which together represent the largest undeveloped gold resource in North America. Mutual Cooperation and Confidentiality Agreement A Mutual Cooperation and Confidentiality Agreement has been signed that provides for, amongst standard provisions, the preparation of an engineering study examining the economics of combining Pretivm's Snowfield project and Seabridge's KSM project as a single operation. The study is expected to be completed in the fourth quarter of this year. Snowfield contains 25.9 million ounces of Measured and Indicated gold resources (1,370.1 million tonnes grading 0.59 grams per tonne) and 9.0 million ounces of Inferred gold resources (833.2 million tonnes grading 0.34 grams per ...
Apr 14. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - April 14, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to announce the appointment of Ian I Chang, M.A.Sc, P.Eng. as Vice President, Project Development. With over 25 years of experience in project and engineering management ranging from smaller high-grade underground gold mines to large-scale projects, Mr. Chang will take the lead engineering role in the advance of Pretivm's high-grade underground gold-silver Brucejack Project and bulk minable copper-gold Snowfield Project. Mr. Chang was recently Project Director and Head of Project Management for Fluor Canada Limited, with responsibility for the management of EPCM for mining and metal projects, including the EPCM contract for Vale's $3 billion Long Harbour nickel-copper-cobalt refinery in Newfoundland. Over the course of his career he has held management, engineering and commissioning roles on a number of projects that have progressed through feasibility to successful ...
Apr 8. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - April 8, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") announces today that the previously announced secondary offering (the "Secondary Offering") by its principal shareholder, Silver Standard Resources Inc. ("Silver Standard") has completed and included the exercise in full of the over-allotment option granted to the syndicate of underwriters. The Secondary Offering consisted of an aggregate of 11,500,000 units at a price of $10.00 per unit for gross proceeds to Silver Standard of $115,000,000. Each unit consists of one common share of Pretivm owned by Silver Standard and one-half of one common share purchase warrant of Pretivm, with each whole warrant exercisable to purchase one common share of Pretivm owned by Silver Standard at a price of $12.50 per share for a period of 12 months following closing of the Secondary Offering. With the closing of the Secondary Offering, Silver Standard has reduced its share position from 42.31% to ...
Mar 18. 2011
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Vancouver, British Columbia (March 18, 2011; TSX: PVG) - Pretium Resources Inc. ("Pretivm") announces that its application for the early adoption of International Financial Reporting Standards ("IFRS") has been accepted by applicable Canadian securities regulatory authorities.

In February 2008, the Canadian Accounting Standards Board confirmed that IFRS would be replacing the Canadian generally accepted accounting principles ("GAAP") for all publicly accountable enterprises for financial periods beginning on and after January 1, 2011, but indicated companies may adopt IFRS prior to this date with approval from the applicable Canadian securities regulatory authorities. Based on the exemptive relief granted to Pretivm, Pretivm's annual consolidated financial statements and MD&A for ...
Feb 23. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Feb. 23, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report mineral resources at its wholly-owned Snowfield Project of 25.9 million ounces of Measured and Indicated gold resources and 9.0 million ounces of Inferred gold resources at a cut-off grade of 0.30 grams of gold-equivalent per tonne. The Snowfield Project is located 65 kilometers north of the town of Stewart, British Columbia. Silver, copper, molybdenum and rhenium mineral resources at the Snowfield Project now total: Silver resources of 75.8 million ounces of Measured and Indicated resources and 51.0 million ounces of Inferred resources; Copper resources of 2.98 billion pounds of Measured and Indicated resources and 1.10 billion pounds of Inferred resources; Molybdenum resources of 258.3 million pounds of Measured and Indicated resources and 127.7 million pounds of Inferred resources; and Rhenium resources of 22.5 million ounces of Measured and Indicated ...
Feb 22. 2011
(TSX:PVG) ("Pretivm") is pleased to report a 134 percent increase in the bulk-tonnage gold resource at its wholly-owned Brucejack Project located in northern British Columbia. Measured and Indicated resources increased to 8.2 million ounces of gold and 116.1 million ounces of silver and Inferred resources increased to 12.6 million ounces of gold and 151.2 million ounces of silver at a cut-off grade of 0.30 grams of gold-equivalent per tonne.

In addition, grade and tonnage estimates within the 0.30 grams of gold-equivalent per tonne optimized pit shell at a cut-off grade of 5.00 grams of gold-equivalent per tonne , contain gold resources of: 903,000 ounces of gold and 21.9 million ounces of silver in the Measured and Indicated resource categories (3.7 million tonnes grading 7.66 grams of gold and 185.84 grams of silver per tonne); and 1.9 million ounces of gold and 7.5 million ounces of silver in the Inferred resource category (4.7 million tonnes grading 12.5 grams of gold ...
Feb 15. 2011
VANCOUVER, BRITISH COLUMBIA -(Marketwire - Feb. 15, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") reports that Tom S.Q. Yip, Vice President, Finance and Chief Financial Officer of Silver Standard Resources Inc., has been appointed to its Board of Directors.

Mr. Yip has over 25 years experience in the mining industry, including 20 years with Echo Bay Mines Ltd. where he held finance roles of increasing responsibility, including Vice-President, Finance and Chief Financial Officer, before the company merged with Kinross Gold Corporation in 2003. Prior to his current role with Silver Standard, he was Chief Financial Officer for Asarco, LLC. With the appointment of Mr. Yip as a director, Silver Standard maintains its representation on Pretivm's Board with two nominees.

About Pretivm
Pretivm is a start-up company that intends to acquire, explore and develop gold and precious metals resource properties, initially in the Americas. Pretivm has 100% ...
Feb 15. 2011
VANCOUVER, BRITISH COLUMBIA - (Marketwire - Feb. 15, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") reports, at the request of Market Surveillance, on behalf of the Toronto Stock Exchange, it is not aware of any material undisclosed development that would cause the upward movement in Pretivm's share price.

Since the acquisition of the Snowfield and Brucejack Projects (the "Projects") in December 2010, Pretivm has been focused on advancing resource estimates for the Projects incorporating the 51,100 meters of drilling that was completed on the Projects during the third quarter of 2010. An update of the September 2010 Snowfield resource estimate is underway incorporating the approximately 18,000 meters of drilling in 44 drill holes completed in 2010. For Brucejack, two resource estimates are underway incorporating the 33,100 meters of drilling in 73 drill holes completed in 2010: a higher-grade resource estimate focusing on gold mineralization grading greater than ...
Feb 1. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Feb. 1, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report that Robert Quartermain, CEO and President, along with Joseph Ovsenek, Chief Development Officer and Vice President, Kenneth McNaughton, Chief Exploration Officer and Vice President, and Kenneth Konkin, Snowfield and Brucejack Project Manager, continue to expand the management and project teams with experienced industry professionals focused on creating shareholder value as they advance the Snowfield Project and the Brucejack Project (the "Projects"). In order to accommodate the continued expansion of its management and project teams, Pretivm has established its head office at 1600, 570 Granville Street, Vancouver, BC V6C 3P1, with Nicola Fairweather as office manager.

Since the acquisition of the Snowfield Project and the Brucejack Project in December 2010, Pretivm has been focused on advancing resource estimates for the Projects incorporating the ...
Jan 28. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Jan. 28, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to announce the appointment of key members of the management team as it advances the wholly-owned Snowfield and Brucejack Projects in northern British Columbia.

Kenneth C. McNaughton has been appointed Vice President and Chief Exploration Officer. Mr. McNaughton was most recently Senior Vice President, Exploration for Silver Standard Resources Inc. He had been responsible for developing and leading all exploration programs since 1991, and played a major role in the growth of Silver Standard. Mr. McNaughton holds a Bachelor of Applied Science degree and a Master of Applied Science degree in geological engineering from the University of Windsor and is a registered professional engineer.

Joseph J. Ovsenek has been appointed Vice President and Chief Development Officer. Mr. Ovsenek was most recently Senior Vice President, Corporate Development for ...
Jan 24. 2011
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Jan. 24, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") reports that it has exercised its option to acquire mineral and property rights totaling 69,810 hectares from Silver Standard Resources Inc. for the nominal consideration of $100, pursuant to the terms of the acquisition of the Snowfield Project and Brucejack Project (collectively, the "Projects") completed on December 21, 2010.

Under the terms of the Acquisition Agreement, Pretivm was granted the option to acquire Silver Standard's interest in contiguous mineral and property rights located to the east of the Projects, and to assume all related liabilities. With the exercise of the option, Pretivm now controls a continuous land package from the Projects east through to Highway 37.

About Pretivm

Pretivm is a start-up company that intends to acquire, explore and develop gold and precious metals resource properties, initially in the Americas. ...
Jan 10. 2011
VANCOUVER, BRITISH COLUMBIA - (Marketwire - Jan. 10, 2011) - Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report that, with the completion of the acquisition on December 21, 2010 of the Snowfield project ("Snowfield") and Brucejack project ("Brucejack" and collectively with Snowfield, the "Projects") from Silver Standard Resources Inc., all drill hole interval assay data from the drilling completed on the Projects from 2006 to 2010 have been posted to Pretivm's website. In the Brucejack section, Pretivm has also posted a tabulation of all uncut gold assay intervals grading over three grams per tonne intersected in the 2009 and 2010 drilling campaign at Brucejack.

In 2010, 51,100 meters of drilling was completed on the Projects. Pretivm is now incorporating this drill and assay data into the resource models for the Projects.

For Snowfield, an update of the September 2010 resource estimate is being prepared incorporating the approximately 18,000 ...
Jan 6. 2011
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THE UNITED STATES./ - Pretium Resources Inc. (Pretivm) announces that it has issued an additional 3,000,000 common shares at a price of $6.00 per share upon the exercise, in part, of the over-allotment option by the syndicate of underwriters granted in connection with Pretivm's initial public offering (Offering). The aggregate gross proceeds of $18 million from the issuance of these shares were used to repay an equivalent principal amount owing to Silver Standard Resources Inc. (Silver Standard) under the convertible promissory note issued to Silver Standard in connection with the acquisition of the Snowfield Project and Brucejack Project (Projects). Following this issuance, Silver Standard's ownership interest in Pretivm has been reduced to 39.76% of the total issued common shares of Pretivm. The underwriting ...