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Brucejack gets greenlight for development


Last updated 9/6/2015 at Noon

Pretium Resources Inc. Sept. 1 reported that it has been issued all of the major regulatory permits required to begin development work at its Brucejack gold project located in Northwest British Columbia.

The British Columbia Ministry of Energy and Mines has issued a Mines Act Permit that allows Pretium to build a 2,700-metric-ton-per-day doré and flotation plant, develop an underground mine, and construct associated facilities and other infrastructure.

The BC Ministry of Environment also as issued an Environmental Management Act permit for Brucejack, which governs effluent discharge during construction and operation.

Based on the results of a feasibility study completed in 2014, Brucejack is expected to produce an average of 404,000 ounces of gold annually over an 18-year mine life.

Commercial production is targeted for 2017.


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