RE:World-class Pretium Resources Inc. (TSX:PVG) ("Pretivm") is pleased to report mineral resources at its wholly-owned Snowfield Project of 25.9 million ounces of Measured and Indicated gold resources and 9.0 million ounces of Inferred gold resources at a cut-off grade of 0.30 grams of gold-equivalent per tonne. The Snowfield Project is located 65 kilometers north of the town of Stewart, British Columbia. Silver, copper, molybdenum and rhenium mineral resources at the Snowfield Project now total: - Silver resources of 75.8 million ounces of Measured and Indicated resources and 51.0 million ounces of Inferred resources;
- Copper resources of 2.98 billion pounds of Measured and Indicated resources and 1.10 billion pounds of Inferred resources;
- Molybdenum resources of 258.3 million pounds of Measured and Indicated resources and 127.7 million pounds of Inferred resources; and
- Rhenium resources of 22.5 million ounces of Measured and Indicated resources and 11.5 million ounces of Inferred resources.
Hmm, for example 100 million oz Snowfield silver times 10 USD would equal 1 billion USD net cash flow for the silver as a "by product" alone.
Pretium's silence about Snowfield gets more and more louder every day...
Soon they should send some ear plugs from their mill to us shareholders, cause this silence gets really too much loud.
Silver is performing very well in recent time. Today for example my screen says for silver: 18.27 USD/oz, + 2.26 % from yesterday.
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source of that quote from 2011 which contains much more further details like grades:
https://www.globenewswire.com/news-release/2011/02/23/1356129/0/en/Pretium-Resources-Inc-Snowfield-Resources-Increase.html BTW: for this news was named as:
Qualified Person
Kenneth C. McNaughton, M.A.Sc., P.Eng., is the Qualified Person (QP) for Pretium Resources Inc. and is responsible for the Snowfield and Brucejack Project exploration programs and has verified and supervised the preparation of the exploration data.
If I remember right, Kenneth aquired last week 355,000 PVG shares privately...