Pretium Resources Inc.

Pretium Resources Inc. is creating value through gold at its high-grade, advanced-exploration-stage Brucejack project. Located in northern British Columbia, Brucejack offers the potential for near-term gold production in an area of permitted gold mining. Brucejack hosts a significant, undeveloped, high-grade gold resource. Gold resources in the Valley of the Kings total 4.9 Moz Indicated (8.9 Mmt grading 17.3 g/t gold) and 10.4 Moz Inferred (12.7 Mmt grading 25.5 g/t gold). A feasibility study on the Brucejack high-grade gold opportunity is underway.

Expert Comments:

"A company like Pretium Resources Inc. is likely to be taken out in 2015. Takeover targets must be able to demonstrate good actual or potential returns on investment. . .Pretium has a very high-grade deposit, which suggests the ability to be financed. . .my opinion is Pretium wants to mine Brucejack at about 2,000 tpd. If Pretium is taken out, the new owner will do its own feasibility, and will size its own mill, and so forth. It may be totally different from what Pretium is talking about right now. . .Brucejack is exceptionally high grade. Who knows exactly how high? It's difficult to determine reserves or resources from a deposit as nuggety as this." read more >

"One near-term gold project that I like is Pretium Resources Inc. and its Brucejack project in British Columbia. We believe it should complete its financing, get its permits and break ground by the middle of 2015. Companies that go through that transition generally see a significant value-curve adjustment. . .a takeover bid is unlikely until the company has its permits in hand. Pretium has agreements with local First Nations, and new ownership could result in those groups asking for additional permitting requirements or additional review time. The company is certainly acting as though it will finance Brucejack and put it into production itself. Moving forward decisively is certainly the right decision for current shareholders, instead of just waiting for an offer." read more >

Ovais Habib, Scotia Capital (1/19/15)
"Pretium Resources Inc. has closed its previously announced private placements and has issued ~12.8M shares to Zijin Mining Group and ~2.9M shares to certain existing shareholders for gross proceeds of ~$100M. . .Pretium plans to use proceeds from the offering to fund capex for its Brucejack gold project in British Columbia, including procurement of long-lead items and camp infrastructure. Permits to advance Brucejack to the construction stage are expected in H1/15."

Joe Reagor, ROTH Capital Partners (1/5/15)
"Pretium Resources Inc. is poised for a strong 2015, in our view, with significant milestones expected to be reached throughout the year. We believe the company could receive project financing and environmental permitting by Q1/15E and break ground on construction of Brucejack by Q2/15E."

Dan Rollins, RBC Capital Markets (12/12/14)
"Assuming environmental approval is received and the remainder of the funding package is put in place over the next few months, construction of Pretium Resources Inc.'s Brucejack project could begin mid-2015. . .the company appears quite confident it can put in place a $750M funding package over the next few months. . .approval of the provincial environmental assessment is expected to be received in March 2015. Approval of the federal environmental assessment is expected to follow shortly thereafter. . .with a 2-year development timeline, initial production from Brucejack is likely to occur in mid-2017."

Ash Guglani, Salman Partners (12/12/14)
"The gross proceeds to Pretium Resources Inc. have increased to ~CA$99M, which are intended to fund the capital expenditures of the Brucejack project. . .this is positive for the company as it once again demonstrates that the company is able to attract long-term investors to raise equity and strengthen its balance sheet (with ~CA$64M cash at the end of Sept. 30, 2014) in the current weak environment."

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Investing Highlights
High-Grade Underground Gold Project in BC
Commercial Production Target 2017
Located in an Area of Permitted Mining
Pretium Resources Inc. Content