TAHLTAN CENTRAL GOVERNMENT – INDUSTRY REPORT 2022
ACTIVE PROJECT
BRUCEJACK MINE – PRETIVM Pretivm Resources Inc. 2300-1055 Dunsmuir St., Vancouver, BC pretivm.com
PROPERTY LOCATION & ACQUISITION DATE
PROJECT ACTIVITIES IN THE 2021 SEASON
Brucejack Mine and surrounding Bowser Claims are located to the southwest of the Tahltan Territory. The property was acquired in 2010.
Pretivm’s primary activities in 2021 were the operation and support of the underground Brucejack Mine. Near mine and regional grassroots exploration activity also conducted on surrounding claims. Additionally, the company completed several capital projects including construction of an onsite assay lab, core shack and new accommodations at Brucejack and two other support camps.
CONTACTS
COMPANY OVERVIEW & UPDATE
GENERAL INQUIRIES
Any successes or challenges you’d like to share?
Greg Norton VP, Environment and Regulatory Affairs 778 357 0806 gnorton@pretivm.com LEADERSHIP
Jacque Perron President and CEO 778 357 0809 jperron@pretivm.com
In September 2021, Pretivm employees celebrated the milestone of one of year without a lost time incident. This was a significant achievement for Pretivm, the Brucejack Mine, and our workforce including more than 800 employees who undertook a large camp expansion, conducted a significant summer exploration program and successfully produced ~350,000 ounces of gold in the same time period from September 2020 to September 2021. We also welcomed our first battery electric truck in 2021. The company announced plans to replace all of its diesel underground haul trucks with seven electric trucks by 2023. Once all of the vehicles are in operation, it will reduce the companies GHG emissions by 7,000 tonnes per year or 24% of our total emissions. This is equivalent to taking 1,500 passenger vehicles off the road. The COVID-19 pandemic presented many challenges again this year. In response, we introduced significant modifications at the mine and associated logistics, including personnel travel, to mitigate the potential introduction and spread of the virus to the Brucejack site and surrounding communities. We were able to maintain full production levels throughout 2021. Collaboration with the Tahltan Emergency Management Committee on COVID prevention and mitigation measures had a significant influence on our ability to manage the pandemic, for which we are extremely grateful.
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Above: Brucejack Pretivm Mine location map.
Where does the majority of your financing come from year to year? What’s the breakdown of who owns your company and the company market cap? Primarily our finances are from the production and sales of gold and silver from the Brucejack Mine.
Number of employees working on your project(s)?
Brucejack is 100% owned and operated by Pretium Resources, a publicly listed company on the Toronto and New York Stock Exchange with the trading symbol PVG.
As of December 31, 2021, we have 894 Pretivm employees and an additional total of 585 between six of our main contractors. We expect to maintain this level of employment throughout 2022.
On November 8, 2021 we announced that we had entered into a binding agreement with Newcrest Mining Limited under which Newcrest has agreed to acquire all outstanding shares of Pretivm that it does not already own.
