Issue link: http://resourceworld.uberflip.com/i/263953
www.resourceworld.com 9 F E B R U A R Y / M A R C H 2 0 1 4 PRETIUM RESOURCES INC. Pretium Resources Inc. [PVG-TSX, NYSE] has been increasing gold resources at its advanced-stage Brucejack Project in northwest British Columbia. A NI 43-101 compliant Valley of the Kings resource estimate, completed by Snowden Mining Industry Consultants stated that mea - sured and indicated resources total 8.7 million ounces gold grading 17.6 g/t gold at a 5.0 g/t gold-equivalent cut-off. (15.3 million tonnes grading 17.6 g/t gold). Inferred resources are 4.9 million ounces gold (5.9 million tonnes grading 25.6 g/t gold). The resource estimate incorporates data from surface exploration and under - ground drilling completed to date, as well as the drilling and processing results from 2013's Valley of the Kings bulk sample program. The Valley of the Kings remains open to the east and west along strike and at depth. PREMIER GOLD MINES LTD. Premier Gold Mines Ltd. [PG-TSX] has conducted successful drill programs at its Hardrock, Cove and Rahill-Bonanza projects that have expanded resources and uncovered multiple new discover - ies. At the 100%-owned Trans-Canada property in Ontario, an updated resource estimate for the Hardrock deposit released in the second half of 2013 con- firmed an expanded open-pit scenario. Indicated open pit resources are 2.352 million ounces gold with 0.859 million ounces inferred. Indicated underground resources are 0.899 million ounces with 2.925 million ounces inferred. At the 100%-owned Cove Project, Nevada, there are 171,400 ounces gold indicated and 388,300 ounces inferred. The primary target of the 49%-owned Rahill-Bonanza Project (51% Goldcorp) at Red Lake, northwest Ontario, is the down-dip extension of the past-pro - ducing Wilmar gold mine. Results are expected during Q1 2014. PROBE MINES LTD. Probe Mines Ltd. [PRB-TSXV] contin- ues to receive excellent drill results (42.0 metres averaging 4.9 g/t gold, including 13.9 metres of 12.9 g/t gold) from its 100%-owned Borden gold project near Chapleau, Ontario where there is a pit- constrained resource of over 4.3 million ounces averaging 1.03 g/t gold with a 0.5 g/t cutoff. Eighty-five percent of the total pit constrained resource is in the indicated category. The recent discovery of a new high-grade zone in the southeast allows potential for alternative develop - ment scenarios with lower CAPEX. Probe has also outlined a measured and indicated resource of 8.645 million tonnes averaging 37.41% Cr 2 O 3 (chromium) and an additional inferred 1.6 million tonnes averaging 37.78% Cr 2 O 3 at its 100%- owned Black Creek Project in the James Bay Lowlands, northern Ontario. EAGLE HILL EXPLORATION CORP. Eagle Hill Exploration Corp. [EAG- TSXV; EHECF-OTCQX; EH0-FSE] keeps finding more high-grade gold miner- alization at its 100%-owned Windfall Lake Project 100 km east of Lebel-Sur- Quévillon, Quebec such as 24.9 g/t gold over 1.1 metres. In July 2012, the company released a resource estimate of 538,000 ounces of gold at 10.1 g/t gold in the indicated category, and 822,000 ounces of gold at 8.8 g/t gold in the inferred category. Eagle Hill will update this resource estimate in Q1-2014, incorporating more than 58,000 metres of drilling data (28,000 metres from the fall 2013 drill program and more than 29,000 metres of drilling completed in 2012 and early 2013). The company will update this estimate in Q1 2014 that will incorporate over 58,000 metres of drilling data. Eagle Hill recently completed a $2 million flow-through private placement financing to be used for the Windfall Lake Project. NEVADA COPPER CORP. Nevada Copper Corp. [NCU-TSX] has completed a positive feasibility study on its 100%-owned Pumpkin Hollow copper project, Nevada. The 6,500 tpd Stage 1 underground mine is permitted for construction and operations. Proven and probable reserves are 4.29 billion lbs copper; 952,000 oz gold and 27.3 million oz silver. Measured/indicated resources in the Western open pit deposits total 5.4 billion lbs copper, 981,000 oz gold, 34 million oz silver, plus inferred resources of 1.4 billion lbs copper, 219,000 oz gold and 9.3 million oz silver (all using a 0.15% copper cutoff grade). Measured/ indicated resources in the Eastern underground deposits total 1.5 billion lb copper, 449,000 oz gold, 10.8 million oz silver, plus inferred resources of 268 million lbs copper, 24,000 oz gold and 792,000 oz silver (all using a 0.75% cop - per cutoff grade). IVANHOE MINES LTD. Ivanhoe Mines Ltd. [IVN-TSX] has released a favourable independent Preliminary Economic Assessment of its high-grade, large tonnage, Kamoa cop- per discovery in Democratic Republic of Congo. Production envisages 326 million tonnes to be mined and milled at an aver- age copper grade of 3.0% copper over a 30-year mine life, producing 7.8 million tonnes of payable blister copper (plus 0.5 million tonnes of payable copper in con- centrate, in the initial concentrate phase) over the life of the project. The 90%-owned Platreef Project in South Africa includes a recently dis- covered underground deposit of thick, PGE-nickel-copper mineralization, called the Flatreef Discovery, in the Northern Limb of the Bushveld Complex, 280 km northeast of Johannesburg. At the 68%-owned Kipushi Project in DRC, Ivanhoe is expanding historical resources at this past producer. THE ORIGINS OF WEALTH