Brucejack Project, B.C.
The 100%-owned Brucejack Project is part of a largely unexplored land package of over 103,000 hectares located approximately 65 kilometers north of Stewart in northwestern British Columbia owned by Pretivm. The current focus of activities is the Valley of the Kings, where Pretivm has outlined a well-mineralized deposit of approximately 650 m long by 600 m deep by 600 m wide. The deposit contains numerous east-west trending corridors, ranging between 50-100m wide, which are comprised of a multi-stage epithermal vein stockwork superimposed on an earlier porphyry-associated phyllic alteration zone. High grade visible gold (as electrum) occurs throughout the epithermal stockwork.
The current mineral resource estimate for the Valley of the Kings has been informed by almost 220,000 meters of diamond drilling and is based on extensive work focused on the geological interpretation. A key outcome from the 10,000-tonne Bulk Sample Program (the “Program”) conducted in 2013 was the underground confirmation of the location of high-grade corridors of mineralization and the lateral and vertical continuity of the vein stockwork within them. A feasibility study completed in June 2014 outlined Proven and Probable mineral reserves in the Valley of the Kings of 6.9 million ounces of gold (13.6 million tonnes grading 15.7 grams per tonne gold). The Valley of the Kings remains open to the east and west along strike and at depth.
Robert A. Quartermain BSc (Hons), MSc, P.Geo, DSc
Pretivm Resources Inc - President and Chief Executive Officer, Director
Robert A. Quartermain has extensive experience in geology, exploration and development. Over his 39-year career in the resource industry, he has established a solid track record in building shareholder value in the field of precious metals exploration and development. Dr. Quartermain was the president of Silver Standard Resource Inc. from 1985 to 2010, during which time the company grew from a small 2 person exploration company and a market capitalization of $2 million, to a company with a producing silver mine in Argentina, five advanced exploration and development properties, a pipeline of early stage exploration properties and a market capitalization of over $2 billion. Dr. Quartermain was the President of Silver Standard through the period of its increased exploration focus on the Snowfield Project and the Brucejack Project and has an intimate working knowledge of these properties. Dr. Quartermain has a Bachelor of Science degree in geology from the University of New Brunswick, a Master of Science degree in mineral exploration from Queen's University and was awarded an honorary Doctor of Science degree from the University of New Brunswick in May 2009. A past President of the World Silver Institute, he has a number of philanthropic interests including the Quartermain Earth Science Center and the Quartermain Earth Science Scholarships at The University of New Brunswick.