Canadian miner Pretium Resources (Pretivm) has made a new high-grade gold exploration discovery at the Golden Marmot zone of Brucejack, affirming the district-scale potential of its property in northern British Columbia.
The gold mineralisation intersected at Golden Marmot occurred in the same host rocks and with the same alteration signature as the Valley of Kings deposit, which president and CEO Jacques Perron said was a strong indication that it could be a new high-grade deposit.
The drilling completed in 2021 intersected gold mineralisation over a zone that is about 150 m in width, 250 m in length, and 275 m in depth. A historic drill hole intersected high-grade gold mineralisation a further 225 m below the currently drilled zone.
Some of the highlights from the first nine drill holes at Golden Marmot zone, located 3.5 km north of the Valley of the Kings deposit, include 72.5 g/t gold over 53.5 m, including 6 700 g/t gold and 3 990 g/t silver over 0.5 m and including 787 g/t gold over 0.5 m.
Golden Marmot’s proximity and existing trail access would make it relatively easy to integrate into future mine plans as an independent source of ore to supply the Brucejack mill, Perron noted.
“The Golden Marmot zone remains open and could be of similar size to the Valley of the Kings deposit. We are eagerly awaiting the assay results from the remaining 17 drill holes which we expect to release early next year,” he said.