Pretivm is creating value through gold production at the 100%-owned Brucejack Mine.
The Brucejack Mine is a high-grade gold underground mine located in northwestern British Columbia. The mine began commercial operation in the summer of 2017 and produced over 376,000 ounces of gold in 2018.
In 2018, Pretivm was able to buy back the precious metals stream for $237M from free cash-flow, refinance the construction debt at a lower rate and received permit to increase production by 40% to 3,800 tonnes per day.
A feasibility study completed in June 2014 and updated in December 2016 has outlined Proven and Probable mineral reserves in Brucejack’s Valley of the Kings comprising 8.1 million ounces of gold.
Pretivm trades on the TSX and NYSE under the ticker symbol "PVG".