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Pretium Resources Inc. is creating value through gold at its high-grade, advanced-exploration stage Brucejack project. Located in northern British Columbia, Brucejack offers the potential for near-term gold production in an area of permitted gold mining. Brucejack hosts a significant, undeveloped, high-grade gold resource. Gold resources in the Valley of the Kings total 4.9 Moz Indicated (8.9 Mmt grading 17.3 g/t gold) and 10.4 Moz Inferred (12.7 Mmt grading 25.5 g/t gold). A feasibility study on the Brucejack high-grade gold opportunity is underway.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Ash Guglani, Salman Partners
"Pretium Resources Inc. announced that it has completed the underground access ramp to the Valley of the Kings deposit at its flagship Brucejack project. . .we currently have a Buy recommendation with a 12-month target price of CA$27.50/share on the company."
The Gold Report Interview with Greg Dorsey
"We like Pretium Resources Inc., which was spun off from Silver Standard Resources Inc. a couple of years ago. The company has a high-grade gold resource in British Columbia. Pretium's two projects are located side by side. Its Brucejack project has 8.5 Moz Indicated and more than 16 g/ton. A feasibility study is due out in a couple of months. This will be a long-life mine with relatively modest capital expenditures. The property has not been fully explored and could add substantially to the reserves over time. The Snowfield project has a low-grade deposit of copper and gold. Development there is at least a decade off, but it could add to the company considerably."
Brent Cook, Exploration Insights
"The results of Pretium Resources Inc.'s mining sample, being supervised by Strathcona Mineral Services Ltd., should be out in the fall. Until then we should see the release of underground drilling and sampling, which should provide some insights into continuity. . .if the Strathcona report is positive, Pretium will rank as one of the best high-margin deposits available that is located in a stable jurisdiction and is apparently permittable."
The Gold Report Interview with Matt Badiali
"Bob Quartermain's company, Pretium Resources Inc., has a great discovery in British Columbia. It has gold intersections in its drill holes on the order of 1 kilogram per ton. It is a fantastic deposit run by one of the most successful explorers out there. And the share price fell 57%. . .Buy management. Look for serially successful entrepreneurs. We use Pretium's Bob Quartermain as our example there."
John Hayes, BMO Capital Markets
"Pretium Resources Inc. remains focused on growing resources and completing a feasibility study on its 100%-owned Brucejack project. . .a feasibility study on a 2,700 tpd underground mine is expected to be released in Q2/13. . .the company is targeting commercial production in early 2016."
Pretium Resources Inc. Content
CEO Bob Quartermain's Interview with Resource Clips about Recent Assay Results
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