Pretium Resources Inc. [PVG-TSX, NYSE] announced that the first gold has been poured at the Brucejack Mine and that the flotation and gravity circuits are now operational. The 100%-owned Brucejack Mine is located about 65 km north of Stewart, northwest British Columbia.
In addition, gold-silver flotation concentrate is being produced and bagged, with initial shipments scheduled. Construction crews continue to be phased out as construction winds down and the operations team ramps up toward commercial production.
A feasibility study completed in June 2014 and updated in December 2016 outlined proven and probable mineral reserves in the Valley of the Kings deposit (comprised of high-grade visible gold within a lower grade gold quartz stockwork system) of 8.1 million ounces of gold (15.6 million tonnes grading 16.1 g/t gold).