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Pretium Resources Inc. (TSX:PVG - News; "Pretivm") is pleased to announce the appointment of
key members of the management team as it advances the wholly-owned Snowfield
and Brucejack Projects in northern British
Columbia.
Kenneth C. McNaughton has
been appointed Vice President and Chief Exploration Officer. Mr. McNaughton
was most recently Senior Vice President, Exploration for Silver Standard
Resources Inc. He had been responsible for developing and leading all
exploration programs since 1991, and played a major role in the growth of
Silver Standard. Mr. McNaughton holds a Bachelor of Applied Science degree
and a Master of Applied Science degree in geological engineering from the
University of Windsor and is a registered professional engineer.
Joseph J. Ovsenek has been appointed Vice President and Chief Development
Officer. Mr. Ovsenek was most recently Senior Vice
President, Corporate Development for Silver Standard, where his
responsibilities included strategic development, as well as negotiating and
structuring financings and transactions. Mr Ovsenek initially joined Silver Standard in 1996, and
also played a major role in Silver Standard's growth. Mr. Ovsenek
holds a Bachelor of Law degree from the University of Toronto. He is a
registered professional engineer, and holds a Bachelor of Applied Science
degree from the University of British Columbia.
Kenneth J. Konkin has been appointed Project Manager, Snowfield and Brucejack Projects. Mr. Konkin
managed Silver Standard's exploration programs at the Snowfield and Brucejack Projects since exploration started in 2006, and
was instrumental in their success. He started working with Silver Standard in
1993, and has 30 years of exploration experience in the region. He is a
registered professional geologist, and holds a Bachelor of Science degree
from the University of British Columbia.
About Pretivm
Pretivm is a start-up company that
intends to acquire, explore and develop gold and precious metals resource
properties, initially in the Americas. Pretivm has
100% interest in the Snowfield and Brucejack
Projects in northern British Columbia; combined they represent one of the
largest underdeveloped gold resources in North America. Pretivm's
near term objectives are to focus on the high-grade gold opportunity at Brucejack, to advance the Projects to pre-feasibility and
to explore for and acquire other precious metal resource properties.
www.pretivm.com
(SEDAR filings: Pretium Resources Inc.)
Forward Looking
Statement: This Press Release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information may include, but is not limited to,
information with respect to our plans, costs and timing for future
exploration (including updated resource estimates) and development
activities, results of future exploration, timing and receipt of approvals,
consents and permits under applicable legislation, production and
developments in our operations in future periods and adequacy of financial
resources. Wherever possible, words such as "plans", "expects"
or "does not expect", "budget", "scheduled",
"estimates", "forecasts", "anticipate" or
"does not anticipate", "believe", "intend" and
similar expressions or statements that certain actions, events or results
"may", "could", "would", "might" or
"will" be taken, occur or be achieved, have been used to identify
forward-looking information.
Statements concerning
mineral resource estimates may also be deemed to constitute forward-looking
information to the extent that they involve estimates of the mineralization
that will be encountered if the property is developed. Any statements that
express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as
"expects", "anticipates", "plans",
"projects", "estimates", "assumes",
"intends", "strategy", "goals",
"objectives", "potential" or variations thereof, or
stating that certain actions, events or results "may",
"could", "would", "might" or "will"
be taken, occur or be achieved, or the negative of any of these terms and
similar expressions) are not statements of historical fact and may be
forward-looking information. Forward-looking information is subject to a
variety of known and unknown risks, uncertainties and other factors that
could cause actual events or results to differ from those expressed or
implied by the forward-looking information, including, without limitation,
those risks identified in Pretivm's final
prospectus (Pretium Resources Inc.) filed on SEDAR
at www.sedar.com.
Forward-looking information is based on the expectations and opinions of Pretivm's management on the date the statements are made.
The assumptions used in the preparation of such statements, although
considered reasonable at the time of preparation, may prove to be imprecise.
We do not assume any obligation to update forward-looking information,
whether as a result of new information, future events or otherwise, other
than as required by applicable law. For the reasons set forth above,
prospective investors should not place undue reliance on forward-looking
information.
The TSX has neither
approved nor disapproved of the information contained herein.
Contact:
Robert Quartermain
Pretium Resources Inc.
President
604.558.1784
604.558.4784 (FAX)
Investor Relations
Pretium Resources Inc.
604.637.6823
invest@pretivm.com
www.pretivm.com
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