Pretivm Files Amended Provincial 2017 Annual Reclamation Report Correcting the Total Volume of Rock Excavated in 2017
September 10 2018 - 9:06PM
Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”)
has become aware that the reported figure for the total volume of
rock excavated at its Brucejack Mine during 2017 in its British
Columbia 2017 Annual Report for Mines Act Permit M-243; Effluent
Permit 107835; Air Permit 107025 with respect to the Brucejack Mine
(the “2017 ARR”) is incorrect because that figure includes the
total historical volume of all mining to the end of 2017 (including
mining done prior to 2017). The correct volume of rock excavated at
Brucejack during 2017 is 483,992 m3, with the portion excavated in
tunnels and drifts equal to 305,992 m3 and in stopes equal to
178,000 m3. Accordingly, the excavation within the underground mine
during 2017 increased the size of the underground void by
approximately 483,992 m3, and not 773,000 m3 as was originally
reported in the 2017 ARR.
All other data set out in the report remain
unchanged. Pretivm has filed an amendment to the 2017 ARR (the
“Amended 2017 ARR”) with the Government of British Columbia today,
correcting the aforementioned overstatement.
Pretivm’s mine production is reported in its
annual Management’s Discussion and Analysis for the years ended
December 31, 2017 and 2016, which accompanies its audited
consolidated financial statements for the corresponding years.
About Pretivm
Pretivm is emerging as the premier low-cost
intermediate gold producer with production at the high-grade
underground Brucejack Mine in northern British Columbia now at
steady state.
For further information contact:
Joseph Ovsenek |
Troy Shultz |
President &
CEO |
Manager, Investor
Relations & |
|
Corporate
Communications |
Pretium Resources
Inc. |
|
Suite 2300, Four
Bentall Centre, 1055 Dunsmuir Street |
|
PO Box 49334 Vancouver,
BC V7X 1L4 |
|
(604) 558-1784 |
|
invest@pretivm.com |
|
(SEDAR filings: Pretium
Resources Inc.) |
|
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