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Message: Pretium Resources Releases Latest Valley of the Kings Drilling Results -
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Shares Down Over 3%
2016-03-08 03:17:00 PM ET (MT Newswires)

10:17 AM EST, 03/08/2016 (MT Newswires) -- Pretium Resources Inc. (PVG.TO) shares are lower after the company reported a sixth set of results from the underground infill drill program at the Brucejack Project's Valley of the Kings.

Results continue to confirm the style and grade distribution of the Valley of the Kings gold mineralization in the area currently being tested, which includes the intersection of high grade and visible gold. Reported assays include four intersections grading greater than 1,000 grams per tonne gold. Selected drill highlights include: Hole VU-565 intersected 206.23 grams of gold per tonne uncut over 17.00 meters, including 6,980 grams of gold per tonne uncut over 0.50 meters; Hole VU-568 intersected 82.01 grams of gold per tonne uncut over 31.00 meters, including 4,060 grams of gold per tonne uncut over 0.50 meters; Hole VU-573 intersected 39.04 grams of gold per tonne uncut over 23.50 meters, including 1,075 grams of gold per tonne uncut over 0.62 meters; Hole VU-599 intersected 36.12 grams of gold per tonne uncut over 19.56 meters, including 1,075 grams of gold per tonne uncut over 0.60 meters.

Holes VU-565 and VU-568 were drilled from the 1320 drill bay, hole VU-573 was drilled from the 1310 drill bay while hole VU-599 was drilled from the 1260 drill bay. To date results from 186 holes (33,206 meters) have been reported.

Pretium shares were last down 3.45% at $6.99 apiece.

Price: 6.99, Change: -0.25, Percent Change: -3.45
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