The announcement of the highest ever assay 60 meters from the previous highest result

(18,500 g/t vs 16,500 g/ton) is fantastic news for the Brucejack 1,500 ton/day

underground project. See Pretiums press release of June 8, 2011

I note that another observer has called this result a nugget. With the repeat of these very high value in the Valley Of the Kings (VOK) zone it becomes less and likely that there are only nuggets but are providing proof that there is a significant volume of extremely rich

material.

I can't wait to see the next set of assays as this years drilling procedes

If there is only one ton of material at these values the ore is worth in excess of $500,000 per ton. ((16,500/31)x$1400=$745,000))

In gold mining its not real until it's mined but repeated assays increase the confidence level of the geologists and as soon as enough evidence is obtained they will be able to convert inferred tons into a higher level of resource.