2. CAUTIONARY STATEMENT
Forward Looking Information
This Presentation contains ‘‘forward-looking information’’ within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation
Reform Act of 1995. Forward-looking information may include, but is not limited to, information with respect to the anticipated production and developments in our operations
in future periods, our planned exploration and development activities, the adequacy of our financial resources, the estimation of mineral resources, realization of mineral resource
estimates, costs and timing of development of the projects we currently intend to acquire (the “Projects”), costs and timing of future exploration, results of future exploration and
drilling, timing and receipt of approvals, consents and permits under applicable legislation, our executive compensation approach and practice, the composition of our board of
directors and committees, 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. Many of these risks
are listed and described in our final short-form prospectus dated March 19, 2012 (the “Prospectus”), which is available for review on SEDAR at www.sedar.com under our profile.
Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be
other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such information. Forward-looking information involves statements about the future and is inherently uncertain,
and our actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks,
uncertainties and other factors, including, without limitation, those referred to in the Prospectus under the heading ‘‘Risk Factors’’. Our forward-looking information is based on
the beliefs, expectations and opinions of management on the date the statements are made, and 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.
National Instrument 43-101
Technical and scientific information contained herein relating to the Projects is derived from National Instrument 43-101 (“NI 43-101”) compliant technical reports (“Reports”)
“Mineral Resources Update Technical Report” dated November 20, 2012 and “Feasibility Study and Technical Report on the Brucejack Project, Stewart, BC” dated June 21, 2013.
We have filed the Reports under our profile at www.sedar.com. Technical and scientific information not contained within the Reports for the Projects have been prepared under
the supervision of Mr. Kenneth C. McNaughton, an independent “qualified person” under NI 43-101.
This presentation uses the terms “measured resources”, “indicated resources” (together “M&I”) and “inferred resources”. Although these terms are recognized and required by
Canadian regulations (under NI 43-101), the United States Securities and Exchange Commission does not recognize them. Mineral resources which are not mineral reserves do
not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political,
marketing, or other relevant issues. There is no guarantee that all or any part of the mineral resource will be converted into mineral reserves.
In addition, “inferred resources” have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an
inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre
feasibility studies, or economic studies, except for a Preliminary Assessment as defined under NI 43-101. Investors are cautioned not to assume that part or all of an inferred
resource exists, or is economically or legally mineable.
Currency
Unless otherwise indicated, all dollar values herein are in Canadian $.
2
3. 3
High-grade gold Reserves:
Probable Reserves for Valley of the Kings:
6.6 Million oz gold (15.1 Mt @ 13.6 g/t gold)
Robust Feasibility Study for underground mine
Located in British Columbia, Canada
Commercial production target early 2016
An investment in Gold
4. Kirkland Lake Mine
(Kirkland Lake)
Kensington Mine
(Coeur)
Casa Berardi
(Hecla)
El Penon Mine
(Yamana)
Red Lake Mine
(Goldcorp)
Pogo Mine
(Sumitomo)
Valley of the Kings
F2 Deposit
(Rubicon)
Buritica
(Continental)
Cerro Negro
(Goldcorp)
Eleonore
(Goldcorp)
Cerro Moro
(Yamana)
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0
M&I+InferredGoldGrade(g/t)
M&I + Inferred Gold Resources (mm oz)
HIGH-GRADE GOLD RESOURCE WITH SIZE
4November 2012 Valley of the Kings High-Grade Gold Mineral Resource based on a cut-off grade of 5.0 grams of gold-equivalent/tonne.
Data sources: Companies
Indicated Gold:
8.5 mm oz @ 16.4 g/t Au
Inferred Gold:
2.9 mm oz @ 17.0 g/t Au
6. EXPLORATION AND OWNERSHIP HISTORY
1960-1980
1980-1985
1986-1989
1990
1993
1999-2000
2009
2010
2011-2012
2013
Exploration by
various
companies
West Zone discovery
and definition
by Newhawk
5.3 km
underground
development of
West Zone
West Zone
Feasibility Study
completed
Acquisition by
Silver Standard
Resources Inc.
Exploration resumes.
Discovery of Valley of
the Kings Zone
Acquisition by
Pretivm
Extensive exploration
program, high-grade
resource, exploration road
Mine Development
Certificate issued
Completed feasibility study,
Valley of the Kings underground
bulk sample program
6
9. 9
HIGH-GRADE GOLD RESERVES(1,2)
Category Tonnes
(mil)
Gold
(g/t)
Silver
(g/t)
Contained
Gold
(mil oz)
Silver
(mil oz)
Probable 15.1 13.6 11.0 6.6 5.3
Valley of the Kings Mineral Reserve Estimate –
May 16, 2013
(1) Rounding of some figures may lead to minor discrepancies in totals
(2) Based on C$180/t cutoff grade, US$1350/oz Au price, US$22/oz Ag price, C$/US$ exchange rate = 1.0
Category Tonnes
(mil)
Gold
(g/t)
Silver
(g/t)
Contained
Gold
(mil oz)
Silver
(mil oz)
Proven 2.0 5.7 309 0.4 19.9
Probable 1.8 5.8 172 0.3 10.1
Total P&P 3.8 5.8 243 0.7 30.0
West Zone Mineral Reserve Estimate –
May 16, 2013
SU-452
SU-266
10. VALLEY OF THE KINGS INDICATED RESOURCE
Northing
(± 25 m)
Ind.Gold*
(Oz.)
6258225 230,900
6258175 484,000
6258125 703,100
6258075 336,600
6258025 1,951,100
6257975 2,365,900
6257925 1,021,000
6257875 513,600
6257825 687,500
6257775 176,400 Valley of the Kings
Indicated Mineral Resource:
8.5 Moz. Au @ 5.0 g/t AuEq.
(16.1 Mt @ 16.4 g/t Au)
*Nov. 2012 Indicated Mineral
Resource; ≥5.0 g/t AuEq.
10
1,092,100 1,776,900 1,467,600 2,185,800 1,391,000 380,100 192,900 Ind. Au* (Oz.)
Surface projection of November 2012 Mineral Resource estimate, with total ounces per 100 m Easting and 50 m Northing strips
11. MINERAL RESOURCE CONTINUITY
11
Total Ounces* per 10 x 100 m N-S corridor – 6257800 N Long SectionLevel (m) Ind. Gold (Oz)*
1540-1570 116,300
1510-1540 499,700
1480-1510 734,800
1450-1480 510,400
1420-1450 365,450
1390-1420 566,700
1360-1390 631,700
1330-1360 364,800
1300-1330 527,400
1270-1300 992,000
1240-1270 998,200
1210-1240 521,950
1180-1210 213,050
1150-1180 246,800
1120-1150 294,600
1090-1120 393,900
1060-1090 317,600
W E
100 m
4,000-6,000
6,000-7,000
7,000-8,000
>10,000
Key (Oz. Au)
3,000-4,000
1,000-3,000
<1,000
8,000-10,000
Total Ounces per level
(Valley of Kings Zone)
*Nov. 2012 Indicated Mineral Resource;
≥5.0 g/t AuEq.
12. 0.5-5.0 g/t AuEq
5.0-15.0 g/t AuEq
>15.0 g/t AuEq
Assay Intervals Key
12
BULK SAMPLE LOCATION
N S
West Zone
Underground
Development
Valley of the
Kings Bulk
Sample
200 m
546 m
100 m 200 m 300 m
400 m
500 m
10,000 tonne bulk sample from Valley of the Kings completed
13. 13
BULK SAMPLE LOCATION
0.5-5.0 g/t Au
5.0-15.0 g/t Au
>15.0 g/t Au
Key
Assay Intervals
VOK Bulk
Sample
Domain 17
Domain 11
200 m
N S
Domain 20
VOK Access
Ramp
14. HIGH GRADE RESOURCE BLOCKS
14
Indicated and Inferred blocks greater than 5 g/t AuEq shown from November 2012 Mineral Resource estimate
Valley of the Kings block model – 426550E section view (50m wide)
5-15
15-30
30-60
>60
Key (g/t AuEq)
N S
15. HIGH GRADE RESOURCE BLOCKS
15
Valley of the Kings block model – 426600E section view (50m wide)
5-15
15-30
30-60
>60
Key (g/t AuEq)
N S
Indicated and Inferred blocks greater than 5 g/t AuEq shown from November 2012 Mineral Resource estimate
16. BULK SAMPLE REPRESENTIVITY
16
Drilling Density
100 m
Drillhole
Trace
Indicated
Blocks
Bulk
Sample
Area
N
Vertical viewing window ±8.5 m
Indicated blocks greater than 5 g/t AuEq shown from November 2012 Mineral Resource estimate
17. BULK SAMPLE LOCATION
17
1345 m Level
Polylithic Conglomerate
Fragmental
Volcanic Rocks
Intensely
Silicified
Conglomerate
Hbl-phyric
Latite Flow
Siltstone, litharenite,
pebble conglomerate
5-15
15-30
30-60
>60
Cleopatra Vein
Key (g/t Au)
Block Grades
Vertical viewing window ±8.5 m
Indicated blocks greater than 5 g/t AuEq shown from November 2012 Mineral Resource estimate
18. BULK SAMPLE LOCATION
18
1345 m Level
<0.5
0.5-1.0
1.0-5.0
>20
Key (g/t Au)
Assay intervals
5.0-20.0
Cleopatra Vein
Vertical viewing window ±30 m
Surface drilling from 2012. Projection of Cleopatra Vein.
24. COMPOSITE E-W VEIN BRECCIAS
24
Vn1b
vein
breccia
Vn1c
vein
Vn1c
vein
breccia
Vn1b
vein
breccia
~0.5 m
S N
Vn1b
vein
breccia
Vn1b
vein
breccia
Vn1b
vein
breccia
Electrum
S N
25. Fragmental
Volcanic Rocks
Volcanic
Sediment
50 m
N
Viewing Window
±100m centered at 1250m
PLAN VIEW: VU-136
Volcanic Flows
13.46m @ 54.99
ppm Au
16.26m @
21.45 ppm
Au
SU-526
1.16m @
4194.5
ppm Au
0.5m @ 211
ppm Au
1.5m @ 52.4
ppm Au
0.5m @ 1,100
ppm au
0.5m @ 559
0.5m @ 81.5
ppm Au
<0.5
0.5-1.0
1.0-5.0
>20
Key (g/t Au)
Assay intervals
5.0-20.0
High Grade
Intervals
Cleopatra Vein
(solid where mapped in drift)
26. BULK SAMPLE: SAMPLE TOWER OPERATION
26
100 tonne sample rounds
Jaw crusher and screen plant
100% passing 2 cm
Sample cutters in tower
800 kg split
Cone crusher
Size reduction to 1 cm
Rotary splitter
2 x 30 kg samples
Rejects
Rejects
Rejects run through tower for multiple
subsequent passes and sampled
Remainder to mill
28. 2828
Corridors of high-grade visible
gold seams within lower grade
(5g/t to 20g/t) gold quartz
stockwork
Steeply dipping ore body
Competent ground conditions
Stope widths (15m wide X 30m
high) appropriate both for
transverse and longitudinal
layouts
Cost effective
Valley of the Kings ramp
Long hole stoping mining method:
MINING METHOD FOR STOCKWORK
30. BRUCEJACK MINE SITE: SURFACE LAYOUT
30
Camp
Mill
Portals
Development Rock
Disposal
West Zone
Portal
Water
Treatment
Substation
Laydown &
Fuel Storage
31. BRUCEJACK PROJECT ECONOMICS
31
(1) Source: Feasibility Study and Technical Report on the Brucejack Project, dated June 21, 2013
(2) Base case metals prices of US$1,350 /oz gold and US$20/oz silver
(3) Includes by-product cash costs, sustaining capital, exploration expense and reclamation cost accretion
June 2013 Feasibility Study Highlights(1,2) :
Processing rate 2,700 tonnes per day
Mine life 22 years
Total gold production 7.1 million oz
Average annual gold production 425,700 ounces (years 1-10)
321,500 ounces (life of mine)
Average gold grade 14.2 g/t (years 1-10)
12.0 g/t (life of mine)
All-in sustaining cash cost per oz(3) $508/oz
Capex (including contingencies) US$663.5 million
Total operating costs C$156.46/t milled
Internal Rate of Return 42.9% (pre-tax)
35.7% (post-tax)
Net Present Value
(5% discount)
US$2.69 billion (pre-tax)
US$1.76 billion (post-tax)
32. 2013 BRUCEJACK PROJECT PLANS
32
H2 2013
Complete Valley of the Kings bulk
sample excavation and sampling
Process bulk sample
Complete bulk sample report
Additional Valley of the Kings
drilling
Advance mine engineering
Advance permitting
File Environmental Assessment
Certificate Application
Resource update
34. COMMUNITY ENGAGEMENT
34
Pretivm’s management team has been
cooperatively engaging with First Nations
and local community leaders in the
Stewart, BC region for over 10 years
We work to ensure that our
communication about the progress of the
Brucejack Project is open and continuous
Commercial relationships with local First
Nations developed during the exploration
phase at Brucejack have been mutually
successful
We will continue to extend both
commercial contract and employment
opportunities to locals whenever possible
Stewart warehouse constructed by development
corporation of Skii km Lax Ha First Nation
35. BRUCEJACK PERMITTING
35
1986
1989
1993
1998
1999
2006
2011-2012
2013
2014
2015
2016
Reclamation
Permit
Mine Development
Certificate issued
April 15, 1993
Project Assessment
Certificate
Permitted for
exploration and
exploration road
Project Assessment
Certificate allowed to
expire
Approval in principle
for development of a
mine at West Zone
Reclamation
Completion
Project Description
under review for
underground mine at
Brucejack’s Valley of
the Kings
Anticipate
Environmental
Assessment Certificate
Construction,
commissioning
Commercial
production target
Brucejack Lake is not fish habitat
Nearest fish 20 km away
Waterfalls and Sulphurets Glacier
impede fish migration
Brucejack Lake is 100 meters deep
Up to 50% of tailings to be deposited in
the Lake, with total volume of tailings
stored in bottom 30 meters
Focus on minimizing potential for
suspended solids to discharge from
Brucejack Lake
50% or more of tailings to be used for
paste backfill and deposited underground
36. PRETIVM MANAGEMENT
36
Robert Quartermain, B.Sc., M.Sc., P.Geo, D.Sc.
President & Chief Executive Officer,
Director
Peter de Visser, CA
Chief Financial Officer
Joseph Ovsenek, B.A. Sc., P.Eng., LLB
Vice President & Chief Development Officer,
Director
Ken McNaughton, M.A. Sc., P.Eng.
Vice President & Chief Exploration Officer
Ian I Chang, M.A. Sc., P.Eng.
Vice President, Project Development
Michelle Romero, B.A., M.L.S.
Vice President, Corporate Relations
Kevin Torpy, B.Sc.
Director, Mine Engineering
Warwick Board, Ph.D., P.Geo.
Chief Geologist
Max Holtby, B.Sc., P. Geo.
Director, Permitting
Andrew Saltis, I.Eng.
Site Project Manager, Mine Manager
37. SHAREHOLDING & ANALYST COVERAGE
37
Institutions,
53%
Retail, 23%
Management,
5%
Silver
Standard,
19%
Capital Structure(1)
Public Float 86.0
Silver Standard Shares 19.0
Total Issued & Outstanding Shares 105.0
Incentive Options 8.7
Total Fully Diluted Shares 113.7
Market Capitalization C$865 million
Working Capital (at June 30, 2013) C$37.9 million
Gross proceeds from September 2013
private placements (3)
C$27.3 million
(1) As of September 6, 2013; ownership calculated on an undiluted basis.
(2) As of September 6, 2013. Source: IPREO, SEDI
(3) See news releases dated September 5, 2013 and September 6, 2013
(shares in millions)
Top Shareholders(2)
(shares in millions)
Silver Standard Resources 18.986
Royce & Associates 9.057
Liberty Metals & Mining 6.850
Passport Capital 3.443
Robert Quartermain 2.853
Sun Valley Gold LLC 2.611
TD Asset Management 1.983
Sprott Asset Management 1.739
Schroder Inv. Mgmt. (N.A) 1.532
Wellington Management 1.223
Analyst Coverage
BMO John Hayes
CIBC Jeff Killeen
Citibank Alex Hacking
Cormark Securities Richard Gray
Cowen Securities Adam Graf
GMP Securities George Albino
RBC Dan Rollins
Salman Partners Ash Guglani
Scotiabank Ovais Habib
Very Independent Research John Tumazos
38. PVG SHARE PERFORMANCE
38
XAU Index (%) PVG (%)
Gold Price ($US) (%)
Relative Performance: PVG, Gold, and XAU Index:
January 1, 2011 to September 3, 2013 (weekly,%)
Gold price ($US)
39. HIGH-GRADE GOLD PRODUCTION
39
MeadowBank
(Agnico Eagle)
Laronde
(Agnico Eagle)
Hycroft (Allied Nevada)
Kemess (Aurico)
Casa Berardi Mine
(Hecla)
Ruby Hill (Barrick)
Round Mountain
(Barrick/Kinross)
Turqouise Ridge
(Barrick/Newmont)
Red Lake
(Goldcorp)
Musselwhite
(Goldcorp)
Marigold Mine
(GoldCorp/Barrick)
Fort Knox (Kinross)
Kirkland Lake
(Kirkland Lake Gold)
Mesquite (NewGold)
Carlin (Newmont)
Canadian Malartic
(Osisko)
Valley of the Kings
(Pretium)
Detour Lake Mine
(Detour Gold)
0
100
200
300
400
500
600
700
0 2 4 6 8 10 12 14 16 18
AnnualGoldProduction(Koz/year)
Grade (g/t)
Average gold production vs. grade for various North American
producing mines with >2Moz Au in resources
Data sources: Companies, NRH.
Production target:
425,700 oz/year (yrs 1-10)
@ 14.2g/t head grade
40. CONTACT
Phone: 604-558-1784
Fax: 604-558-4784
Toll-free: 1-877-558-1784
invest@pretivm.com
www.pretivm.com
HEAD OFFICE
Pretium Resources Inc.
570 Granville St.
Suite 1600
Vancouver, BC
Canada V6C 3P1
COMMON SHARES
TSX/NYSE:PVG
Issued: 102 million
Fully diluted: 110.8 million
52-week hi/low: $14.93/$5.53
Market cap: $865 million
(at September 6, 2013)
Advancing a major high-grade gold resource in Canada
