Bob Quartermain’s Pretium Resources (PVG:TSX) should see some much need relief this morning after announcing they have surpassed their 4,000 ounce target production rate from the 10,000-tonne bulk sample being done on the Valley of the Kings material.  PVG has produced 4,215 ounces of gold from 8,090 dry tonnes of material with approximately 1,815 wet… Continue Reading

Cashed up Latin American silver producer and developer, Silver Standard (SSO:TSX) has agreed to divest one of its non-core assets to Argonaut Gold (AR:TSX) for $75 million.  The asset is the advanced-exploration stage San Agustin project located in Durango state, Mexico.  According to a 2009 resource estimate prepared for Silver Standard, the project hosts 1.6… Continue Reading

Bob Quartermain’s beat up, Pretium Resources (PVG:TSX) has released assay results from ten underground holes and provided a more positive update on the ongoing 10,000-tonne bulk sample work.  Highlight assay results include 12.22m of 201.21g/t gold uncut including 0.5m of 4,830g/t gold uncut.  The drilling continues to intersect super high-grade and narrow veins of roughly… Continue Reading

Bob Quartermain’s battered Pretium Resources (PVG:TSX) has announced the initial processing results from the 10,000-tonne bulk sample program from the Valley of the Kings.  The company received these first results from cross-cut 426585E which produced 281 total gold ounces in 2,167 dry milled tonnes of material (which would imply a grade of approximately 4g/t gold). … Continue Reading

Economic geologist Brent Cook, who runs the respected Exploration Insights service, showed us why he’s the best newsletter writer in junior mining in a June 16, 2013 report on Pretivm Resources (TSX:PVG). Cook dissected Pretivm’s Brucejack deposit for subscribers, communicating grade continuity concerns. He explained that he’ll be staying on the sidelines with regards to investing in… Continue Reading

Pretivm Resources (NYSE:PVG, TSX:PVG) shares fell over 30% in early trading on Wednesday with the announcement that Strathcona Minerals Services, a hero in the $6 billion Bre-X Minerals fraud 16 years ago, resigned from their part of overseeing a 10,000-tonne bulk sample test at Pretivm’s Brucejack project. The bulk sample program is highly anticipated in… Continue Reading

In a strange turn of events, Pretivm Resources (PVG:TSX) announced this morning that their qualified person overseeing the company’s highly anticipated 10,000 tonne bulk sample program has resigned. Strathcona Mineral Services had been engaged to oversee and report on the bulk sample.  It is unclear from the news release as to the reason for their… Continue Reading

Bob Quartermain’s Pretium Resources (PVG:TSX) has begun processing the 10,000-tonne bulk sample from the Valley of the Kings material at the company’s Brucejack project (news release).  The material has been sent to a custom mill in Montana where it will be processed at a rate of 220tpd which will produce gold-silver gravity and flotation concentrates… Continue Reading

Pretium Resources (PVG:TSX) released additional assay results from its Valley of the Kings bulk sample program as well as additional non-program exploration work.  Highlights include: Hole VU-168 which intersected 6.25m of 1,622g/t gold including 0.5m of 9,040g/t gold and 0.5m of 6,090g/t gold; and, Hole VU-182 intersected the Cleopatra vein and hit 8.04m of 714.8g/t… Continue Reading

Pretium Resources (PVG:TSX) announces it has entered into a $10 million financing with Liberty Mutual Insurance at a price of $9.35 per share.  The proceeds are to be used to advance the company’s impressive Brucejack project in British Columbia. Readers recall, Liberty Mutual invested $23.5 million into Dr. Mark O’Dea’s True Gold Mining (TGM:TSX).  It… Continue Reading

Pretium Resources (PVG:TSX) released more stellar high-grade results from its Brucejack project  located 65km north of Stewart, BC.  The results come from the resource zone known as the Valley of the Kings which hosts the company’s world-class 6.6 million ounces of gold at an average grade of 13.6g/t gold.  The Company is currently performing an… Continue Reading

LIBERTY METALS & Mining Holdings continues to take stakes in emerging gold and metals producers. This one has Karma. The unit of the large insurer, Liberty Mutual, came across my screen about a year ago, when it gave Red Eagle Mining in Colombia (RD in Canada) $8 million in exchange for a net smelter royalty… Continue Reading

To follow the smart money in junior gold stocks is to subscribe to Brent Cook and Quinton Hennigh’s Exploration Insights newsletter. Ten days ago we caught up with Brent and today we’ve got Quinton on the line to tell us about his latest opportunities. Jump to the audio here -> This afternoon’s conversation with Quinton… Continue Reading

Two weeks ago Sprott USA Chairman Rick Rule said: “This is the first time since 1992 that I’ve seen high-quality gold development assets reasonably and cheaply available in the market…” With the summer doldrums fast approaching what is a resource investor to do? While many will head off on vacation and try to avoid looking at… Continue Reading

Pretium Resources Inc (PVG) announce this morning that it has entered into a subscription agreement with Liberty Metals & Mining Holdings, LLC (“LMM”), a subsidiary of Boston-based Liberty Mutual Insurance, to issue to LMM by way of a private placement 5,780,346 common shares of Pretium (the “Purchased Shares”) at a price per share of C$6.92… Continue Reading