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”)
“Technical Report and Updated Preliminary Economic Assessment of the Brucejack Project” dated February 20, 2012 “Mineral Resources Update Technical Report” dated April
3, 2012, “Mineral Resources Update Technical Report” dated September 18, 2012 and “Mineral Resources Update Technical Report” dated November 20, 2012. 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
Significant high-grade gold resource:
Valley of the Kings
8.5 M oz gold Indicated (16.1 Mt @ 16.4 g/t gold)
2.9 M oz gold Inferred (5.4 Mt @ 17.0 g/t gold)
Located in British Columbia, Canada
Underground feasibility study June 2013
Commercial production target early 2016
An investment in Gold
4. Kirkland Lake Mine
(Kirkland Lake)
Kensington Mine
(Coeur)
Casa Berardi
(Aurizon)
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 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: Intierra Ltd., NRH.
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
Valley of the Kings
underground bulk sample and
feasibility study
6
8. 8
MAIN MINERALIZED DOMAINS
West Zone
Underground
Development
Bulk
Sample
N
S
Domain 17 Domain 11
200 m
Category Tonnes
(mil)
Gold
(g/t)
Silver
(g/t)
Contained(3)
Gold
(mil oz)
Silver
(mil oz)
Indicated 16.1 16.4 14.2 8.5 7.3
Inferred(2)
5.4 17.0 15.7 2.9 2.7
Valley of the Kings Mineral Resource Estimate
– November 2012(1,4,5)
(Based on a cut-off grade of 5.0 grams of gold-equivalent/tonne)
(1) 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, marketing, or other relevant issues. The Mineral Resources in this news
release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum
(CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines
prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM
Council.
(2) The quantity and grade of reported Inferred resources in this estimation are uncertain in
nature and there has been insufficient exploration to define these Inferred Resources as an
Indicated or Measured Mineral Resource and it is uncertain if further exploration will result in
upgrading them to an Indicated or Measured Mineral Resource category.
(3) Contained metal may differ due to rounding.
(4) The Mineral Resource estimate is defined using 5 m by 5 by 5 m blocks in the well drilled
portion of West Zone (5 m by 10 m drilling or better) and 10 m by 10 m by 10 m blocks in the
remainder of West Zone and in Valley of the Kings.
(5) The gold equivalent value is defined as AuEq=Au + Ag/53
9. 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
Total Ounces per 100 m Easting and 50 m Northing strips
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.
9
1,092,100 1,776,900 1,467,600 2,185,800 1,391,000 380,100 192,900 Ind. Au* (Oz.)
10. MINERAL RESOURCE CONTINUITY
10
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.
11. CONTINUITY: HIGH GRADE BLOCKS
11Indicated and Inferred blocks greater than 5 g/t AuEq
Valley of the Kings block model – 426550E section view East (50m wide)
12. CONTINUITY: HIGH GRADE BLOCKS
12Indicated and Inferred blocks greater than 5 g/t AuEq
Valley of the Kings block model – 426600E section view East (50m wide)
13. 1313
100 m
CONTINUITY: HIGH GRADE BLOCKS
Valley of the Kings block model plan view - 1300m level (50m thick)
14. 14
10,000-TONNE BULK SAMPLE (Q2/Q3)
N S
0.5-5.0 g/t AuEq
5.0-15.0 g/t AuEq
>15.0 g/t AuEq
Key
West Zone
Underground
Development
Valley of the
Kings Bulk
Sample
200 m
546 m
100 m 200 m 300 m
400 m
500 m
Completed 546-meter ramp from the West Zone to Valley of the Kings to extract bulk sample.
19. BULK SAMPLE PROCESS(1)
19
Typical sample tower flowsheet
Source: Strathcona Mineral Services Limited, Meladine Project
Process flowsheet summary:
Crosscut rounds of 100 tonnes transported to
surface
Crushing to ¾ inch, then to ½ inch
Run through on-site sample tower
120 kilograms in 4 samples are sent for testing
Remainder (99.8 tonnes) shipped for processing
to produce gold
Representivity testing:
Representative of drillhole density that informs
the Indicated Mineral Resource
Representative of average grade of Indicated
Resource and the global resource for Valley of
the Kings
Representative of style of mineralization for the
rest of Valley of the Kings
(1) Strathcona Mineral Services Ltd is independent QP for Valley of the Kings bulk sample
22. 2222
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
First 50 meters of Valley of the Kings ramp
Long hole stoping mining method:
MINING METHOD FOR STOCKWORK
24. MINE AND MILL SITE LAYOUT
Crushing
Grinding
Gravity Concentrate Circuit
Doré (50%-60% of gold
production)
Flotation Concentrate Circuit
Off-take (40%-50% of
gold production)
Flowsheet Summary:
Dore bars produced on site,
shipped to gold refinery
Flotation concentrate (~300
tpd) shipped to Stewart
then sea transport
West Zone
Valley of the Kings
24
25. BRUCEJACK PROJECT ECONOMICS
25
(1) Source: Technical Report and Updated Preliminary Economic Assessment of
the Brucejack Project, effective date February 20, 2012
(2) Base case metals prices of US$1,100 /oz gold and US$21/oz silver
PEA is based on Mineral Resource estimates for the Valley of the Kings and
West Zone effective November 28, 2011 which are now out-of-date.
February 2012 Preliminary Economic
Assessment Results(1,2) :
Processing rate 1,500 tpd
Mine life 24 years
Total gold production 6.9 million oz
Average annual gold
production (Yrs 1-12)
325,000 ounces
Capex US$436.3 million
Total operating costs C$170.90/t milled
Internal Rate of
Return
29.8%
Net Present Value
(5% discount)
US$2.262 billion
Processing rate increased
2,700 tonnes per day
Mill facilities streamlined
Flotation concentrate to be sold to
3rd parties rather than refined on
site
Capex and Opex savings, reduced
project footprint
Metallurgy continues to be positive
Feasibility metallurgical studies
confirm gold recoveries 98%, silver
recoveries 92%
Feasibility Study Refinements to PEA:
26. 2013 BRUCEJACK PROJECT PLANS
26
H1 2013
Completed access ramp to Valley of the Kings
Underground sampling/drilling Valley of the
Kings
Commence 10,000-tonne underground bulk
sample from Valley of the Kings
Feasibility study completed
H2 2013
Complete bulk sample report
Process bulk sample
File Environmental Assessment Certificate
Application
Resource update
Valley of the Kings drilling
28. COMMUNITY ENGAGEMENT
28
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
29. BRUCEJACK PERMITTING
29
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
Brucejack Lake is not fish habitat
Waste rock from 1980’s/1990’s
underground development was deposited
in Brucejack Lake as part of 1999
reclamation
More than 50% of tailings (targeting 60%) to
be used for paste backfill and deposited
underground, with remainder of tailings to
be deposited in bottom 30 meters of
Brucejack Lake
Anticipate
Environmental
Assessment Certificate
Construction,
commissioning
Commercial
production target
30. PRETIVM MANAGEMENT
30
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.
Director, 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
31. SHAREHOLDING & ANALYST COVERAGE
31
Institutions,
53%
Retail, 23%
Management,
5%
Silver
Standard,
19%
Capital Structure(1)
Public Float 83.3
Silver Standard Shares 19.0
Total Issued & Outstanding Shares 102.3
Incentive Options 8.5
Total Fully Diluted Shares 110.8
Market Capitalization C$706 million
Working Capital (at March 31, 2013) C$22.5 million
Share Offering gross proceeds (at
April 26, 2013) (3)
C$40 million
(1) As of June 5, 2013; ownership calculated on an undiluted basis.
(2) As of June 5, 2013. Source: IPREO, SEDI
(3) See new release dated April 26, 2013
(shares in millions)
Top Shareholders(2)
(shares in millions)
Silver Standard Resources 18.986
Royce & Associates 10.689
Passport Capital 5.927
Liberty Metals & Mining 5.780
Robert Quartermain 2.853
TD Asset Management 2.153
Sun Valley Gold LLC 2.018
Sprott Asset Management 1.686
Connor Clark & Lunn 1.590
Carmignac Gestion 1.562
Analyst Coverage
BMO John Hayes
CIBC Jeff Killeen
Citibank Alex Hacking
Cormark Securities Richard Gray
Cowen Securities Adam Graf
Global Hunter Securities Jeff Wright
GMP Securities George Albino
RBC Dan Rollins
Salman Partners Ash Guglani
Scotiabank Ovais Habib
Very Independent Research John Tumazos
32. HIGH-GRADE GOLD PRODUCTION
32
MeadowBank
(Agnico Eagle)
Laronde
(Agnico Eagle)
Hycroft (Allied Nevada)
Kemess (Aurico)
Casa Berardi Mine
(Aurizon Mines)
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
Data sources: Companies, NRH.
Production target:
400k-500k oz/year
@ 14g/t -15g/t head grade
33. 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: $16.37/$5.53
Market cap: $889 million
(at June 5 2013)
Advancing a major high-grade gold resource in Canada
35. APPENDIX: GEOLOGICAL EVOLUTION
35
~192-188 Ma
Active island arc
Porphyry-related hydrothermal system
Initial mineralization
Telescoping porphyry
Syn-deposition volcanic pile deformation
Main mineralization continuum
Magmatic
Brine
Vapour
~196-192 Ma
Heated
Seawater
Ocean
Mineralizing
fluids
Volcano-sedimentary
sub-basin
36. APPENDIX: GEOLOGICAL EVOLUTION
36
Cretaceous deformation at ~110 Ma
Uplift and erosion
Valley of the Kings
Waning of porphyry system
Arc-related deformation
Mafic dyke intrusion
West Zone
SN
~184 Ma
37. APPENDIX: BRUCEJACK AREA GEOLOGY
37
>0.3 g/t gold
500mExisting 5km underground workings
1980-1994 – Newhawk
908 DDH/120,000m
2009-2010 – Silver Standard
110 DDH/50,946m
2011-2012 – Pretivm
426 DDH/155,144m
West Zone
Valley of the Kings Zone
North – South
Valley of the Kings Zone
Valley of the Kings Zone
500m
West Zone
West Zone
(Teuton)
0.65 g/t Au
0 - 1047 m
(Seabridge)
38. APPENDIX: VALLEY OF THE KINGS GOLD GRADE
38
Valley of the Kings – Indicated Resource grade consistency
Resource Estimate
(Snowden)
Cumulative Drilling
(m)
Indicated Gold Resource
Ounces (mil)
Indicated Gold
Grade (g/t)
April 2012 59,100 4.9 17.3
September 2012 114,949 5.1 16.2
November 2012 174,182 8.5 16.4
Valley of the Kings – Drilling results and gold grade
Year
Hole number by
series
Over 1
kilogram
per tonne
100 - 1,000
g/t
15 – 100
g/t
5 – 15
g/t Annual total
2009 1 - 37 2 3 31 107 143
2010 38 - 110 6 14 52 129 201
2011 111 - 288 21 59 137 304 521
2012 289 - 585 49 151 285 491 976
2009-2012 Total: 78 227 505 1,031 1,841
