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Dec 19. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the NI 43-101-compliant 2013 Valley of the Kings Mineral Resource estimate for its Brucejack Project , completed by Snowden Mining Industry Consultants ("Snowden"). Measured and Indicated Mineral Resources total 8.7 million ounces of gold at a grade of 17.6 grams of gold per tonne. Valley of the Kings High-Grade Gold Mineral Resources High-grade gold resources in the Valley of the Kings (5.0 g/t gold-equivalent cut-off) total: 8.7 million ounces of gold in the Measured and Indicated Resource categories (15.3 million tonnes grading 17.6 grams of gold per tonne); and 4.9 million ounces of gold in the Inferred Mineral Resource category (5.9 million tonnes grading 25.6 grams of gold per tonne). The Mineral Resource estimate incorporates data from all exploration surface and underground drilling completed to date, as well as the drilling and processing results from 2013's Valley of the Kings Bulk Sample Program ...
Dec 13. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report that 5,865 ounces of gold have been produced from the 10,302 dry tonnes of excavated material from the Valley of the Kings Bulk Sample Program (the "Program"). The preliminary mill results for the 10,302 dry tonnes are shown in Table 1 below. Table 1: Preliminary Mill Results from Processing (at December 12, 2013) Tonnes Milled (Dry) Gold Ounces Gravity Concentrate Gold Ounces Flotation Concentrate Gold Ounces Tailings Total Contained Gold Ounces Total Contained Silver Ounces 10,302 3,645 2,096 124 5,865 4,950 Notes: Preliminary mill results are provided by Strategic Minerals LLC , operator of the mill, and are subject to final establishment of weights and assays and settlement, including the gold recovered from the cleanout of the process equipment. With processing of the bulk sample now completed, crews have commenced the cleanout of the ball mill, flotation tanks, concentrate tank and other process ...
Dec 2. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the remaining assay results from underground exploration drilling in the Valley of the Kings. These results include 8 intersections grading greater than 1,000 grams per tonne gold uncut from 6,164 meters of drilling in 46 holes. (See Table 1 below for assays.) Selected drill highlights include: Hole VU-365 intersected 328.91 grams of gold per tonne uncut over 20.50 meters, including 13,400 grams of gold per tonne uncut over 0.50 meters; Hole VU-369 intersected 96.71 grams of gold per tonne uncut over 44.95 meters, including 7,700 grams of gold per tonne uncut over 0.50 meters; Hole VU-384 intersected 331.99 grams of gold per tonne uncut over 8.00 meters, including 5,210 grams of gold per tonne uncut over 0.50 meters; Hole VU-390 intersected 179.14 grams of gold per tonne uncut over 13.50 meters, including 4,780 grams of gold per tonne uncut over 0.50 meters; Hole VU-397 intersected 175.44 grams of gold per ...
Nov 22. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report that 4,215 ounces of gold have been produced from 8,090 dry tonnes of excavated material from the Valley of the Kings Bulk Sample Program (the "Program"). Approximately 1, 815 wet tonnes remain to be processed. The preliminary mill results to date are shown in Table 1 below. Table 1: Preliminary Mill Results from Processing (at November 20, 2013) Tonnes Milled (Dry) Gold Ounces Gravity Concentrate Gold Ounces Flotation Concentrate Gold Ounces Tailings Total Contained Gold Ounces Total Contained Silver Ounces 8,090 2,542 1,588 85 4,215 3,593 Notes: Preliminary mill results are provided by Strategic Minerals LLC , operator of the mill, and are subject to final establishment of weights and assays and settlement. The results to date shown in Table 1 surpass the target of 4,000 ounces of gold projected to be produced from the entire 10,000 tonnes of material excavated for the Program. Processing is continuing on ...
Nov 7. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the following highlights from the third quarter of 2013 and updates for the Brucejack Project in northern British Columbia . Third Quarter 2013 Highlights and Significant Events Announced on July 23, 2013 the discovery of the Cleopatra vein within the Valley of the Kings, and drill results from the ongoing Valley of the Kings Bulk Sample Program (the "Program");

Completed a private placement on September 5, 2013 , for 1,725,000 flow-through common shares at a price per share of C$10.10 for gross proceeds of approximately C$17.4 million ;

Completed a private placement on September 6, 2013 with Liberty Metals & Mining Holdings, LLC , a subsidiary of Boston -based Liberty Mutual Insurance , for 1,069,518 common shares at a price per share of C$9.35 for gross proceeds of approximately C$10 million ;

Ended the quarter with working capital of $34.8 million ;

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Oct 30. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the results from 10 underground holes drilled as part of continued exploration drilling in the Valley of the Kings (see Table 1 below for assays). Selected drill highlights include: Hole VU-355 intersected 201.21 grams of gold per tonne uncut over 12.22 meters, including 4,830 grams of gold per tonne uncut over 0.50 meters; Hole VU-357 intersected 91.84 grams of gold uncut over 16.53 meters, including 2,990 grams of gold per tonne uncut over 0.50 meters; Hole VU-362 intersected 992 grams of gold per tonne uncut over 0.50 meters. The holes noted above were all drilled in Domain 20 of the Valley of the Kings. Exploration drilling continues to further define the high-grade gold mineralization in Domain 20 to the east and in the main corridor to the west of the bulk sample area, demonstrating that the mineralization remains open. For plan and cross section views of the reported drilling please visit the following ...
Oct 24. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the results from the final drill fan completed as part of the Valley of the Kings Bulk Sample Program (the "Program"), and results from exploration drilling in other areas of the Valley of the Kings. Reported assays include 12 intersections grading greater than 1,000 grams per tonne gold uncut, two of which were intersected in the planned Program fan. (See Table 1 below for assays.) Selected drill highlights include: Hole VU-346 (Exploration hole) intersected 334 grams of gold per tonne uncut over 26.00 meters, including 17,100 grams of gold per tonne uncut over 0.50 meters; Hole VU-313 (Exploration hole) intersected 149 grams of gold per tonne uncut over 27.57 meters, including 7,850 grams of gold per tonne uncut over 0.50 meters; Hole VU-326 (Exploration hole) intersected 390.58 grams of gold per tonne uncut over 5.80 meters, including 3,950 grams of gold per tonne uncut over 0.50 meters; Hole VU-344 ...
Oct 22. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the initial processing results for the material excavated from the Valley of the Kings Bulk Sample Program (the "Program") and provide further details on the status of the Program. Results from Processing 426585E Cross-Cut The preliminary mill results from the processing of the 2,167 tonnes of bulk sample material contained in the 426585E cross-cut are presented in Table 1 below: Table 1: Cross-cut 426585E Preliminary Mill Results Tonnes Milled (Dry) Gold Ounces Gravity Concentrate Gold Ounces Flotation Concentrate Gold Ounces Tailings Total Contained Gold Ounces Total Contained Silver Ounces 2,167 94 174 13 281 532 Notes: Preliminary mill results are provided by Strategic Minerals LLC, operator of the mill, and are subject to final establishment of weights and assays and settlement. Processing Continuing on Track The processing of the excavated 10,000-tonne bulk sample is proceeding as planned at a rate of ...
Oct 10. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report additional underground drilling results from the Valley of the Kings Bulk Sample Program (the "Program"), and results from exploration drilling in the Valley of the Kings to the west and north of the Program area. Reported assays include seven intersections grading greater than 1,000 grams per tonne gold, three of which were intersected in the planned Program fans. (See Table 1 below for assays.) Selected drill highlights include: Hole VU-279 (Exploration hole) intersected 3,180 grams of gold per tonne uncut over 0.50 meters ; Hole VU-281 (Exploration hole) intersected 2,010 grams of gold per tonne uncut over 0.50 meters ; Hole VU-273 (Program hole) intersected 1,875 grams of gold per tonne uncut over 0.50 meters; Hole VU-291 (Program hole) intersected 1,550 grams of gold per tonne uncut over 0.50 meters ; Hole VU-259 (Program hole) intersected 1,360 grams of gold per tonne uncut over 0.50 meters; Hole VU-277 ...
Oct 9. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") reports the following update for the Valley of the Kings Bulk Sample Program (the "Program") at its Brucejack Project , for which processing is now underway. Strathcona Mineral Services Ltd. ("Strathcona"), which had been engaged as the independent Qualified Person to oversee and report on the 10,000-tonne bulk sample for the Program, has resigned from the Project. The processing of the excavated 10,000 tonnes is proceeding as planned at a rate of approximately 1,000 tonnes per week to produce gold/silver gravity and flotation concentrates. It is expected that approximately 4,000 ounces of gold will be produced in total from the material excavated for the Program, as defined by the Valley of the Kings November 2012 Mineral Resource estimate prepared by Snowden Mining Industry Consultants ("Snowden") for that area of the Valley of the Kings. Independent Qualified Persons from Snowden are responsible for the review and sign-off of ...
Oct 3. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report that processing is underway for the 10,000-tonne bulk sample from the Valley of the Kings Bulk Sample Program (the "Program"). Bulk Sample Processing All of the excavated material from the Program has been sampled with a sample tower at Brucejack. The material not designated for assaying (comprising approximately 10,000 tonnes) is being shipped to a custom mill in Montana , where processing is now underway. It is planned that approximately 1,000 tonnes of material will be processed per week at a minimum rate of 220 tonnes per day to produce gold/silver gravity and flotation concentrates. Gold recoveries are expected to average approximately 90%. Total processing is expected to take approximately 10 weeks and be completed in the fourth quarter. The amount of gold and silver produced by the mill will be reported over this period. Snowden Mining Industry Consultants' independent Qualified Persons are responsible ...
Sep 23. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report additional underground drill results from the Valley of the Kings Bulk Sample Program (the "Program") currently underway, as well as additional exploration drilling in the Valley of the Kings extending beyond the area of the Program. Assays from both Program and non-Program exploration underground drilling continue to confirm the projection of high-grade gold mineralized domains, with numerous intersections encountering gold grading over 1,000 grams per tonne. (See Table 1 below for assays.) Selected drill highlights include: Hole VU-201 (Exploration hole) intersected 6,550 grams of gold uncut over 0.50 meters ; Hole VU-219 (Program hole) intersected 698 grams of gold uncut over 2.97 meters including 2,340 grams of gold uncut over 0.50 meters and 1,805 grams of gold uncut over 0.50 meters ; Hole VU-221 (Program hole) intersected 66 grams of gold uncut over 13.00 meters including 1,675 grams of gold uncut over ...
Sep 9. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report additional underground drill results from the Valley of the Kings Bulk Sample Program (the "Program") currently underway, as well as additional exploration drilling in the Valley of the Kings extending beyond the area of the Program. Assays from both Program and non-Program exploration underground drilling continue to confirm the projection of high-grade gold mineralized domains, with numerous intersections encountering gold grading over 1,000 grams per tonne. (See Table 1 below for assays.) Selected drill highlights include: Hole VU-168 (Program hole) intersected 1,622 grams of gold uncut over 6.25 meters including 9,040 grams of gold uncut over 0.50 meters, 4,610 grams of gold uncut over 0.55 meters and 6,090 grams of gold uncut over 0.50 meters; Hole VU-182 (Program hole intersecting Cleopatra Vein) intersected 714.8 grams of gold uncut over 8.04 meters including 9,900 grams of gold uncut over 0.50 meters ...
Sep 6. 2013
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce that it has closed its private placement with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Boston -based Liberty Mutual Insurance , of 1,069,518 common shares of Pretivm (the "Purchased Shares") at a price per share of C$9.35 for gross proceeds of approximately C$10 million (the "Offering"). Pretivm intends to use the proceeds of the Offering to advance the Brucejack Project, including ongoing permitting and engineering activities. LMM is not permitted to trade the Purchased Shares for a period of four months plus one day from the closing of the Offering. The Purchased Shares described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended , and may not be offered or sold within the United States absent registration or an applicable exemption from the registration ...
Sep 5. 2013
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to announce that it has closed its private placement of 1,500,000 flow-through common shares ("Flow-Through Shares") of Pretivm at a price of $10.10 per share for aggregate gross proceeds of approximately $15.0 million (the "Offering"). The Offering includes the exercise of the underwriters' option for the purchase of an additional 225,000 Flow-Through Shares pursuant to the previously announced bought deal private placement. The syndicate of underwriters was led by Cormark Securities Inc. and included Salman Partners Inc. , CIBC World Markets Inc. and GMP Securities L.P. The gross proceeds of the Offering will be used to advance exploration activities related to the newly-discovered Cleopatra Vein and other high-grade structures encountered in the Brucejack Project's Valley of the Kings. The gross proceeds of the Offering will be ...
Aug 28. 2013
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce that it has entered into a subscription agreement with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Boston -based Liberty Mutual Insurance , to issue to LMM by way of a private placement 1,069,518 common shares of Pretivm (the "Purchased Shares") at a price per share of C$9.35 for gross proceeds of approximately C$10 million (the "Offering"). The Offering is scheduled to close on or about September 12, 2013 , subject to the receipt of all necessary regulatory approvals including the approval of the Toronto Stock Exchange . Pretivm intends to use the proceeds of the Offering to advance the Brucejack Project, including ongoing permitting and engineering activities. LMM is not permitted to trade the Purchased Shares for a period of four months plus one day from the closing of the Offering. The Purchased Shares described ...
Aug 23. 2013
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG)(NYSE: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 Cormark Securities Inc. (the "Underwriters"), to issue by way of private placement 1,500,000 flow-through common shares ("Flow-Through Shares") of Pretivm at a price of $10.10 per share for aggregate gross proceeds of approximately $15.0 million (the "Offering"). The Offering is scheduled to close on or about September 6, 2013 , and is conditional upon receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange . The proceeds of the Offering will be used to advance exploration activities related to the newly-discovered Cleopatra Vein and other high-grade structures encountered in the Brucejack Project's Valley of the Kings. The Underwriters have been granted an option to purchase, or arrange ...
Aug 15. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report additional underground drill results from the Valley of the Kings Bulk Sample Program (the "Program") currently underway. Assays from the Program continue to confirm the projection of high-grade gold mineralized domains, and visible gold continues to be encountered. (See Table 1 below for assays.) Selected drill highlights include: Hole VU-068 intersected 1,695 grams of gold per tonne uncut over 0.5 meters; Hole VU-084 intersected 2,700 grams of gold per tonne uncut over 0.5 meters; Hole VU-114 intersected 1,685 grams of gold per tonne uncut over 0.59 meters; Hole VU-124 intersected 2,270 grams of gold per tonne uncut over 0.5 meters; Hole VU-125 intersected: 1,065 grams of gold per tonne uncut over 5.18 meters , including 10,850 grams of gold per tonne uncut over 0.5 meters ; and 3,050 grams of gold per tonne uncut over 0.5 meters; and Hole VU-133 intersected 1,945 grams of gold per tonne uncut over 0.5 ...
Aug 1. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the following highlights from the second quarter of 2013 and updates for the Brucejack Project in northern British Columbia . Second Quarter 2013 Highlights and Significant Events Completed a private placement on April 26, 2013 with Liberty Metals & Mining Holdings, LLC , a subsidiary of Boston -based Liberty Mutual Insurance , for 5,780,346 common shares at a price per share of $6.92 for gross proceeds of approximately $40 million ;

Announced on May 8, 2013 the completion of the ramp accessing the Valley of the Kings underground from the historical West Zone underground workings;

Also announced on May 8 the sample tower and related equipment for the Bulk Sample Program had been transported to site along the recently completed all-weather exploration road. The over 75 kilometer-long exploration road with bridges has adequate load capacity for 85 tonne class permit vehicles and is ...
Jul 23. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the discovery of the Cleopatra Vein within the Valley of the Kings and additional underground drill results from the Valley of the Kings Bulk Sample Program (the "Program") currently underway. (See Table 1 below for assays.) Selected drill highlights include: Hole VU-009 intersected 2,567 grams of gold per tonne uncut over 5.8 meters, including 9,200 grams of gold per tonne uncut over 0.5 meters, 7,180 grams of gold per tonne uncut over 0.5 meters, 10,500 grams of gold per tonne uncut over 0.5 meters and 1,765 grams of gold per tonne uncut over 0.5 meters; Hole VU-013 intersected 2,560 grams of gold per tonne uncut over 0.54 meters; Hole VU-023 intersected 1,405 grams of gold per tonne uncut over 0.5 meters; Hole VU-025 intersected 2,600 grams of gold per tonne uncut over 0.5 meters; Hole VU-032 intersected 4,030 grams of gold per tonne uncut over 0.5 meters; and Hole VU-053 intersected 27,000 grams of gold ...
Jun 26. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report that it has filed on SEDAR the "Feasibility Study and Technical Report on the Brucejack Project " subsequent to its news release dated June 11, 2013 highlighting the results of the feasibility study on an underground mine at the Brucejack Project . The Feasibility Study and Technical Report, dated June 21, 2013, will also be available on Pretivm's web site at http://www.pretivm.com/projects/brucejack/technical-reports/default.aspx About Pretivm Pretivm is creating value through gold at its high-grade gold Brucejack Project, located in northern British Columbia. Brucejack hosts a major undeveloped high-grade gold resource, with Probable Mineral Reserves in the Valley of the Kings totalling 6.6 million ounces of gold (15.1 million tonnes grading 13.6 grams of gold per tonne). Brucejack is being advanced as a high-grade underground mine with an average of 426,000 ounces of gold produced annually for the first 10 ...
Jun 19. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to provide an update on the progress of the Bulk Sample Program underway at the Brucejack Project's Valley of the Kings. The Program's underground development advance is well underway, with all infrastructure now in place and the excavation of development drifts and cross-cuts on schedule. Visible gold has been encountered in areas of the wall rock along the 426600E cross-cut and the 6258015N drill drift. For a current plan of the development advance of the Bulk Sample Program at the Valley of the Kings with a drill fan cross section please visit the following link: http://media3.marketwire.com/docs/pvg0619fig1.pdf . The sample tower has been commissioned with material excavated from the development advance, and is prepared to receive material from the 10,000-tonne bulk sample excavation, which is scheduled to commence next week. The Bulk Sample Program excavation and sampling is expected to be completed in late July or ...
Jun 11. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce a positive National Instrument 43-101-compliant Feasibility Study for the high-grade gold and silver resources identified to date at its 100%-owned Brucejack Project ("Brucejack" or the "Project") in northern British Columbia . The Feasibility Study was prepared by Tetra Tech. Highlights (base case using US$1,350/oz gold , US$20/oz silver and exchange rate of US$/C$: 1) Valley of the Kings Probable Mineral Reserves of 6.6 million ounces of gold (15.1 million tonnes grading 13.6 grams of gold per tonne) and West Zone Proven and Probable Mineral Reserves of 700,000 ounces of gold (3.8 million tonnes grading 5.8 grams of gold per tonne);



Average annual production of 425,700 ounces of gold over the first 10 years and 321,500 ounces of gold over the life of mine;



Base Case pre-tax Net Present Value (5% discount) of US$2.7 billion ;



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Jun 6. 2013
Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report that initial underground drilling as part of the Valley of the Kings bulk sample program intersected visible gold, and continues to confirm the projection of high-grade gold mineralized domains. ( See Table 1 below for assays from the seven holes drilled on section 426600. ) Selected highlights from hole VU-02 include: 33.20 grams of gold per tonne uncut over 17.50 meters, including 988.0 grams of gold per tonne uncut over 0.50 meters and 117.5 grams of gold per tonne over 0.50 meters. Hole VU-02 was drilled on section 426600 as part of the first fan of drilling, at 10.3 degrees below the previously reported horizontal hole VU-01 ( see news release dated May 28, 2013 ). This fan was drilled before commencing the section 426600 cross-cut now being excavated across the mineralized domains. The drill will be repositioned shortly to continue fan drilling. Approximately 15,000 meters of underground drilling in 190 ...
May 28. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwired - May 28, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report that the first underground hole drilled as part of the Valley of the Kings bulk sample program intersected visible gold and confirms the projection of high-grade gold mineralized domains. ( See Table 1 below for assays. ) Selected highlights from hole VU-01 include: 21.57 grams of gold per tonne over 12.00 meters, including 388 grams of gold per tonne over 0.50 meters and 99.7 grams of gold per tonne over 0.50 meters; 8.38 grams of gold per tonne over 2.00 meters, including 31.10 grams of gold per tonne over 0.40 meters. Pilot hole VU-01 was drilled horizontally through the center of the Valley of the Kings section 426600 cross-cut at the 1,345-meter level, and intersected the interpreted mineralized domains. Valley of the Kings Bulk Sample Program The Valley of the Kings Bulk Sample Program (the "Program") consists of two elements: the excavation of a ...
May 14. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwired - May 14, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") announces that George Paspalas was elected to the Board of Directors at its Annual General Meeting held on May 10, 2013, and John Smith decided not to stand for re-election to the Board. George Paspalas is the President and Chief Executive Officer of Aurizon Mines Ltd. His previous positions have included Chief Operating Officer, Silver Standard Resources Inc.; Executive Vice-President and Senior Vice President Projects - Technical Development, Placer Dome Inc.; and President and Chief Executive Officer of Placer Dome Africa. During his career, Mr. Paspalas has been responsible for constructing and operating complex open pit and underground mines in South Africa, Tanzania, Australia, South America and Canada. "We thank John for his leadership and commitment to the Board during these critical first two years since Pretivm's IPO," said Pretivm's CEO Robert Quartermain. John ...
May 10. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwired - May 10, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the following highlights from the first quarter of 2013 and updates for the Brucejack Project in northern British Columbia. First Quarter 2013 Highlights and Significant Events Completed a private placement on February 15, 2013 with a syndicate of underwriters for 361,300 Investment Tax Credit flow-through common shares of Pretivm at a price of $13.84 per share and 1,287,250 Canadian Exploration Expense flow-through common shares of Pretivm at a price of $12.43 per share for aggregate gross proceeds of $21 million; On March 4, 2013, during the Prospectors & Developers Association of Canada (PDAC) convention in Toronto, we were awarded the Bill Dennis Award, which recognizes a Canadian discovery or prospecting success, by the PDAC for advancing the Valley of the Kings at our high-grade gold Brucejack Project; Ended the quarter with working capital of ...
May 8. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwired - May 8, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce that the underground access ramp has reached the Valley of the Kings at the targeted 1,345-meter level of the 426600 cross-section. With the access ramp from the West Zone portal now completed, the development and installation of supporting infrastructure for the planned Bulk Sample Program and associated underground drilling at the Valley of the Kings will begin. Underground Drilling Approximately 15,000 meters of underground drilling will be completed as part of the Bulk Sample Program. After the initial cross-cut along section 426600, the north drill drift will be developed, and drilling will be conducted at 7.5-meter and 15-meter centres along 120 meters of strike length, and at 15-meter centres vertically for 60 meters above and 60 meters below the 1,345-meter level of the Valley of the Kings. Drilling is planned to commence later this month, ...
Apr 26. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwired - April 26, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce that it has closed its private placement with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Boston-based Liberty Mutual Insurance, of 5,780,346 common shares of Pretivm (the "Purchased Shares") at a price per share of C$6.92 for gross proceeds of approximately C$40 million (the "Offering"). The purchase price is based on the volume-weighted average price of Pretivm's common shares on the Toronto Stock Exchange for the twenty trading days ended April 19, 2013. Pretivm intends to use the proceeds of the Offering to fund work at its Brucejack Project, including the completion of the planned 10,000-tonne bulk sample and underground drilling program at the Valley of the Kings, ongoing permitting activities, and the acceleration of other activities which will advance the high-grade gold Valley of the Kings into development. Under ...
Apr 23. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwired - April 23, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce that it has entered into a subscription agreement with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Boston-based Liberty Mutual Insurance, to issue to LMM by way of a private placement 5,780,346 common shares of Pretivm (the "Purchased Shares") at a price per share of C$6.92 for gross proceeds of approximately C$40 million (the "Offering"). The purchase price is based on the volume-weighted average price of Pretivm's common shares on the Toronto Stock Exchange for the twenty trading days ended April 19, 2013. The Offering is scheduled to close on or about April 26, 2013, subject to regulatory approvals. Pretivm intends to use the proceeds of the Offering to fund work at its Brucejack Project, including the completion of the planned 10,000-tonne bulk sample and underground drilling program at the Valley of the Kings, ongoing ...
Mar 5. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwire - March 5, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to report the following highlights from the fourth quarter of 2012 and updates for the Brucejack Project in northern British Columbia. Fourth Quarter 2012 Highlights and Significant Events Announced on November 20, 2012 an updated Valley of the Kings Mineral Resource estimate for Brucejack. High-grade gold resources in the Valley of the Kings (5.0 g/t gold-equivalent cut-off) now total:

8.5 million ounces of gold in the Indicated Mineral Resource category (16.1 million tonnes grading 16.4 grams of gold per tonne); and

2.9 million ounces of gold in the Inferred Mineral Resource category (5.4 million tonnes grading 17.0 grams of gold per tonne);

Announced on December 11, 2012 that Pretivm was selected to receive the 2013 Bill Dennis Award from the Prospectors & Developers Association of Canada ("PDAC") for advancing the ...
Feb 15. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Feb. 15, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to announce that it has closed its private placement of 361,300 ITC flow-through common shares ("ITC Flow-Through Shares") of Pretivm at a price of $13.84 per share and 1,287,250 CEE flow-through common shares ("CEE Flow-Through Shares") of Pretivm at a price of $12.43 per share for aggregate gross proceeds of $21 million (the "Offering"). The Offering includes the exercise, in part, of the underwriters' option for the purchase of an additional 80,450 CEE Flow-Through Shares pursuant to the previously announced bought deal private placement. The syndicate of underwriters was led by CIBC and included Cormark Securities Inc., RBC Capital Markets, Scotia Capital Inc., BMO Capital Markets, Dahlman Rose & Co., GMP Securities L.P., Salman Partners Inc. and UBS Securities Canada ...
Jan 24. 2013
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Pretium Resources Inc. (TSX:PVG)(NYSE: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 361,300 ITC flow-through common shares ("ITC Flow-Through Shares") of Pretivm at a price of $13.84 per share and 1,206,800 CEE flow-through common shares ("CEE Flow-Through Shares") of Pretivm at a price of $12.43 per share for aggregate gross proceeds of $20 million (the "Offering"). The Offering is scheduled to close on or about February 15, 2013 , subject to regulatory approvals. The gross proceeds of the Offering will be used to advance exploration activities at the Brucejack Project in support of the 10,000-tonne bulk sample from the Valley of the Kings scheduled to begin in the second quarter. The Underwriters have been granted an option to purchase, or arrange ...
Jan 9. 2013
VANCOUVER, BRITISH COLUMBIA-(Marketwire - Jan. 9, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to provide the following update on the progress of activities at its Brucejack Project in northern British Columbia. Valley of the Kings Access Ramp Excavation of the access ramp to the Valley of the Kings from the West Zone historical workings is now underway, with the widening of the West Zone historical workings completed. The access ramp to the Valley of the Kings from the West Zone is planned to total 546 meters in length, and is targeting the 1345 meter level at the 426600 cross-section of the Valley of the Kings. A total of 71 meters of the access ramp has been excavated since the turn towards the Valley of the Kings from the West Zone was initiated late last year. The ramp is expected to access the Valley of the Kings in April. In addition to targeting an area of mineralization for the bulk sample, the current ramp alignment will allow acceleration of ...