Pretivm Reports First Quarter 2020 Operating and Financial Results; Steady Production at Brucejack Continues to Generate Significant Cash Flows
Gold production: 82,888 ouncesAISC1: $996 per ounce of gold soldFree cash flow1: $41.8 millionEnd of quarter cash balance: $40.6 million; subsequently drew down $16.0 million from revolving portion of the Loan Facility to improve liquidityBrucejack Mine operations continue through the COVID-19 pandemicRemain on track to achieve 2020 gold production guidance, AISC guidance and free cash flow forecastAll amounts are in US dollars unless otherwise noted. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2020 and 2019 available on the Company’s website and on SEDAR and EDGAR.VANCOUVER, British Columbia, April 30, 2020 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces operating and financial results for the first quarter 2020 (See “Key Operating Metrics” and “Key Financial Metrics” tables below).Impact of COVID-19