Pretivm Resources announces discovery

By Kitco News / October 26, 2021 / www.kitco.com / Article Link

Pretivm Resources (TSX/NYSE: PVG) announced today a new high-grade gold exploration discovery at the Golden Marmot Zone on its Brucejack Property in Northern British Columbia after a new drill program.

The company said highlights included:

SU-786 intersected 72.5 grams per tonne gold over 53.5 meters, including 6,700 grams per tonne gold and 3,990 grams per tonne silver over 0.5 meters and including 787 grams per tonne gold over 0.5 meters.SU-778 intersected 46.1 grams per tonne gold over 5.8 meters, including 208 grams per tonne gold over 1.0 meter.SU-772 intersected 22.8 grams per tonne gold over 38.0 meters, including 268 grams per tonne gold over 1.0 meter and including 188.4 grams per tonne gold over 2.13 meters.

The Golden Marmot Zone is located 3.5 kilometers north of the Valley of the Kings deposit.

"Initial results from Golden Marmot are exciting and affirm the district-scale potential of the Brucejack property," said Jacques Perron, President and Chief Executive Officer of Pretivm. "The gold mineralization intersected at Golden Marmot occurs in the same host rocks and with the same alteration signature as the nearby Valley of the Kings deposit, which is a strong indication it could be a new high-grade deposit. Its proximity and existing trail access would make it relatively easy to integrate into future mine plans as an independent source of ore to supply the Brucejack mill."

Pretium expects to produce between 325,000 - 365,000 ounces of gold in 2021.

By Michael McCrae

For Kitco News

Contactmmccrae@kitco.comwww.kitco.com
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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