Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.

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Newcrest Mining Ltd > Pretium Resources drills 1,635 g/t gold at Brucejack

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Post by sailor8on May 04, 2021 4:42am

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Post# 33121556

Pretium Resources drills 1,635 g/t gold at Brucejack

The news in yesterdays Kitco version. Yellow markings addded by me... :
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Pretium Resources drills 1,635 g/t gold at Brucejack

Monday May 03, 2021 12:51

(Kitco News) - Pretium Resources (TSX: PVG; NYSE: PVG) today announced that underground exploration drilling conducted in 2020 from the 1080 Level, one of the lowest mining levels at the Brucejack mine (British Columbia), intercepted high-grade gold mineralization at depth and to the east of the Valley of the Kings deposit.

The company said that drilling on the 1080 Level East and 1080 Level West intercepted high-grade gold mineralization up to 200 meters below and 200 meters east of the current Mineral Resource shell. Four intersections assayed above 1,000 grams per tonne gold.

Best drill intersects include 245.9 grams per tonne gold over 7.5 meters, including 1,635 grams per tonne gold and 1,465 grams per tonne silver over 1.0 meter in VU-2421 and 1,400 grams per tonne gold and 1,310 grams per tonne silver over 1.0 meter in VU-2397.

The company noted that these results continue to highlight the potential to extend beyond the defined resource and confirm that the Valley of the Kings deposit remains open at depth.

President and CEO Jacques Perron added, "A new extension of gold mineralization was also intercepted immediately to the east of the existing underground infrastructure that could provide easy access for future development. Our follow-up underground resource expansion drill program is currently underway, and we look forward to announcing the next set of drill results."

The Brucejack mine is a high-grade gold underground mine located in northwestern British Columbia, approximately 65 kilometers north of Stewart. A year-round, all-weather access road connects the mine to Highway 37. The mine has produced 1,230,644 ounces of gold since it began commercial operation in July 2017.

By Vladimir Basov

For Kitco News
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I would say: Well, until then, until that next announcement...

source: https://www.kitco.com/news/2021-05-03/Pretium-Resources-drills-1-635-g-t-gold-at-Brucejack.html

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