Mar 30 2015
Pretium Resources Inc. ("Pretivm") is pleased to announce that it has been issued an Environmental Assessment Certificate for its Brucejack Project by the British Columbia Minister of the Environment and Minister of Energy and Mines.
The Ministers issued the certificate with conditions that have given them the confidence to conclude that the project will be constructed, operated and decommissioned in a way that ensures no significant adverse effects are likely to occur. Pretivm will address these conditions in advance of the start of mine construction which it expects to begin this summer.
The environmental review process, which was concluded within the legislated timeframe, was led by British Columbia's Environmental Assessment Office ("BCEAO"). The process provides for significant opportunities for Aboriginal groups, government agencies and the public to provide input on the potential for environmental, economic, social, heritage and health effects from a proposed project.
The federal review of the Brucejack Project by the Canadian Environmental Assessment Agency is nearing completion, with an expected referral to the Minister of the Environment later this spring.
Documentation for the BCEAO review process for the Brucejack Project, including the certificate, can be accessed from the BCEAO Project Information Centre (e-PIC) website: http://a100.gov.bc.ca/appsdata/epic/html/deploy/epic_project_home_395.html
About Pretivm
Pretivm is advancing its 100%-owned Brucejack Project in northern British Columbia to production as a high-grade gold underground mine. Based on the results of the June 2014 Feasibility Study, Brucejack is expected to produce an average of 504,000 ounces of gold a year over the first 8 years and 404,000 ounces of gold a year over the 18-year mine life. Brucejack's Valley of the Kings hosts Proven and Probable reserves totalling 6.9 million ounces of gold (13.6 million tonnes grading 15.7 grams of gold per tonne). Commercial production at Brucejack is targeted for 2017.
Source: http://www.pretivm.com