Pretium secures major regulatory permits to develop Brucejack gold project in Canada

1 September 2015 (Last Updated September 1st, 2015 18:30)

Pretium Resources has secured all the major regulatory permits that are needed to begin development at its 100%-owned Brucejack Gold project in northern British Columbia, Canada.

Pretium Resources has secured all the major regulatory permits that are needed to begin development at its 100%-owned Brucejack Gold project in northern British Columbia, Canada.

The company received a mines act permit from the British Columbia Minister of Energy and Mines, which approved mine plan and reclamation programme to enable commercial production at the site.

The permit will allow the company to construct a 2,700t a day doré and flotation plant, and develop an underground mine, as well as associated facilities and other infrastructure.

"The permit will allow the company to construct a 2,700t a day doré and flotation plant."

Pretivm has also received an environmental management act permit for its project by the British Columbia Ministry of Environment, which governs effluent discharge during construction and operation.

In March, the British Columbia Minister of the Environment and Minister of Energy and Mines issued an environmental assessment certificate for the Brucejack project.

The certificates were issued by the ministers with conditions that the project will be constructed, operated and decommissioned to ensure no significant adverse effects are likely to occur.

According to Pretivm, the environmental review process provides significant opportunities for indigenous groups, government agencies and the public.

The June 2014 feasibility study results highlighted that the project is expected to produce an average of 504,000oz of gold a year over the first eight years and 404,000oz gold annually over the 18-year mine life.

Commercial production at Brucejack is set to begin in 2017.