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Pretium Resources Says Underground Ramp has Reached Valley of the Kings

Pretium Resources (NYSE: PVG) is pleased to announce that the underground access ramp has reached the Valley of the Kings at the targeted 1,345-meter level of the 426600 cross-section. With the access ramp from the West Zone portal now completed, the development and installation of supporting infrastructure for the planned Bulk Sample Program and associated underground drilling at the Valley of the Kings will begin. Underground Drilling Approximately 15,000 meters of underground drilling will be completed as part of the Bulk Sample Program. After the initial cross-cut along section 426600, the north drill drift will be developed, and drilling will be conducted at 7.5-meter and 15-meter centres along 120 meters of strike length, and at 15-meter centres vertically for 60 meters above and 60 meters below the 1,345-meter level of the Valley of the Kings. Drilling is planned to commence later this month, prior to excavating the bulk sample, and will run concurrently with the excavation of the bulk sample. Results from drilling will be reported as they are received.Bulk Sample Program The sample tower and related equipment for the Bulk Sample Program in the Valley of the Kings has

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Posted-In: News Guidance Contracts Management Global


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