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    Corporate Presentation Corporate Presentation Presentation Transcript

    • VALUE THROUGH GOLD April 2011
    • DISCLAIMERForward Looking InformationThis 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-lookinginformation 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, theadequacy 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”), costsand 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, thecomposition 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, havebeen 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 themineralization 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 orfuture events or performance (often, but not always, using words or phrases such as ‘‘expects’’, ‘‘anticipates’’, ‘‘plans’’, ‘‘projects’’, ‘‘estimates’’, ‘‘assumes’’, ‘‘intends’’, ‘‘strategy’’, ‘‘goals’’, ‘‘objectives’’, ‘‘potential’’ orvariations 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 notstatements 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 orresults 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 April 4, 2011 (the “Prospectus”), which isavailable 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 futureevents 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 futureevents 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 theProspectus 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 anyobligation 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 investorsshould not place undue reliance on forward-looking information.National Instrument 43-101Technical and scientific information contained herein relating to the Projects is derived from National Instrument 43-101 (“NI 43-101”) compliant technical reports “Technical Report and Updated Resource Estimate onthe Snowfield Property” and “Technical Report and Updated Resource Estimate on the Brucejack Property” dated February 18, 2011 and a preliminary economic assessment entitled ‘‘Technical Report and PreliminaryAssessment of the Snowfield Brucejack Project’’ dated October 28, 2010 (the “Preliminary Assessment”). We have filed the Technical Reports and Preliminary Assessment under our profile at www.sedar.com.Technical and scientific information not contained within the Preliminary Assessment and Technical 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 maybe 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 intomineral 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 beupgraded 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 asdefined under NI43 101. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.U.S. Securities Law DisclaimerOur securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state of the United States and, subject to certainexceptions, may not be offered or sold within the United States. Investors resident in the United States will be required to acknowledge that the securities are "restricted securities" within the meaning of Rule 144, andthat if in the future an investor decides to offer, resell, pledge or otherwise transfer any of the securities, it may do so only (a) to the Corporation; (b) outside the United States in accordance with Rule 904 of Regulation Sunder the Securities Act and in compliance with applicable Canadian and provincial laws and regulations; (c) within the United States in accordance with Rule 144, if available, and in compliance with any applicablestate securities laws of the United States; or (d) in another transaction that does not require registration under the Securities Act or any applicable state securities laws of the United States.Our securities have not been approved or disapproved by the United States Securities and Exchange Commission or by any state securities commission or regulatory authority, nor have any of the foregoing authoritiespassed on the accuracy or adequacy of any offering document provided in connection with the offering of these securities.CurrencyUnless otherwise indicated, all dollar values herein are in Canadian $.TSX:PVG 1
    • WHY PRETIVM? Adjacent projects in northern British Columbia are delivering value through gold Snowfield Project 1700 1.64 g/t Au 0.83 g/t Au 0.78 g/t Au RL 157m 637m 528m 1500 Bulk-tonnage presents RL long-term value in gold 1300 RL 1100 RL 900 RL 700 S Volcanics N RL Drill Hole 200 m Mineralized Intersection Measured and Indicated Gold Inferred Gold Snowfield Zone cross section Brucejack Project Potential to host a high-grade gold-silver deposit Visible gold in SU-106TSX:PVG 2
    • WHY PRETIVM: THREE INVESTMENT OPPORTUNITIES Strategic Rationale Key Comparable Development Mine(s)  Quickest path to  Kensington (Coeur  PEA underway; likely production d’Alene) straight to feasibility study  Meaningful high grade  Efemcukuru (Eldorado)  Lower capital Brucejack ounces present  Eleanore (Goldcorp) requirements; can be High Grade financed alone  Economics potentially very favorable  Quicker development schedule  Further upside / gold  Malartic (Osisko)  Mining and crushing exposure via drilling  Detour Lake (Detour) facilities built at site  Additional revenues at  Metates (Chesapeake)  Capital needs can likely be Brucejack reasonable cost structure  Livengood (Int’l Tower met via debt financing Bulk Tonnage Hill)  Can be developed in tandem with high-grade  Long-term gold call option  KSM (Seabridge)  Partnering with Seabridge  Rare asset of its size may enhance economics worldwide in favorable  Given scale, would likely Snowfield geography require support from a Bulk Tonnage  Potential to partner with major Seabridge TSX:PVG
    • LARGE-SCALE NORTH AMERICAN GOLD PROJECTS 120.0 Measured & Indicated Resources Inferred Resources (NDM) 100.0 40.4Gold Resources (mm oz) 80.0 (SEA) 60.0 (PVG) Brucejack 14.5 12.6 (NG/ABX) 40.0 8.2 4.4 66.9 9.0 (DGC) (CKG) (OSK) Snowfield 45.4 5.1 (ITH) 20.0 37.9 2.6 0.2 4.0 (WRN) 25.9 (RMX) 20.5 17.2 17.4 4.5 15.7 8.0 3.6 0.0 Pebble Livengood Phoenix Malartic Metates Hycroft SF/BJ Detour Lake KSM Donlin Creek TSX:PVG 4
    • SNOWFIELD & BRUCEJACK PROJECTS Galore Creek (20km) Avg grade: 27 g/t Au Avg grade: 45 g/t Au Avg grade: 9.6 g/t Au TSX:PVG 5
    • SNOWFIELD & BRUCEJACK PROJECTS Snowfield Shore Zone West Zone Brucejack Galena HillTSX:PVG 6
    • BRUCEJACK PROJECT Intrusion-related gold/silver vein systems 60,000 meters of drilling planned for 2011 Resources increased 134% from 2010 to 2011 Surface samples containing gold: Mineralization remains open in ALL directions 0.3-0.5 ppm > 0.5 ppm Brucejack Bulk-Tonnage Resource Summary – February 2011(1) (Based on a cut-off of 0.30 grams of gold-equivalent/tonne) Grade Contained Metal Tonnes Au Ag Au Ag (mt) (g/t) (g/t) (mm oz) (mm oz) Measured 11.7 2.25 75.56 0.85 28.4 Indicated 285.3 0.80 9.57 7.34 87.8 Measured & Indicated 297.0 0.86 12.17 8.18 116.2 Inferred 542.5 0.72 8.67 12.56 151.2 1 km(1) Metal price and recoveries assumptions are: Au US$1,025/oz. (71%); Ag US$16.60/oz. (70%) TSX:PVG 7
    • BRUCEJACK – HIGH-GRADE Multi-kilo gold intercepts 5km existing underground development Shore Zone High-grade PEA planned for Q3 2011Brucejack 5.0g/t Grade & Tonnage Resource Summary - February 2011(1)(3) Grade Contained Metal West Zone Tonnes Au Ag Au Ag (mt) (g/t) (g/t) (mm oz) (mm oz)Measured 1.95 7.95 241.25 0.498 15.10Indicated 1.72 7.33 123.19 0.406 6.82Measured & Indicated 3.67 7.66 185.84 0.903 21.92 Galena Hill ZoneInferred 4.71 12.54 49.24 1.898 7.45Brucejack 3.0g/t Grade & Tonnage Resource Summary - February 2011(2)(3) Grade Contained Metal Tonnes Au Ag Au Ag Valley of the Kings (mt) (g/t) (g/t) (mm oz) (mm oz)Measured 3.50 5.43 177.98 0.610 19.99Indicated 4.94 4.62 69.33 0.734 11.01Measured & Indicated 8.44 4.96 114.35 1.344 31.01Inferred 9.64 7.80 40.74 2.417 12.62(1)@ 5.0 g/t cut-off within the 0.30 grams of au-equiv/tonne optimized pit shell.(2) @3.0 g/t cut-off within the 0.30 grams of au-equiv/tonne optimized pit shell.(3) Metal price and recoveries assumptions are: Au US$1,025/oz. (71%); Ag US$16.60/oz. (70%) TSX:PVG 8
    • BRUCEJACK LONG SECTION 900 Drill Holes; 120,000 m of Drilling; 5,000 m Underground Development N S Galena Hill Zone Shore Zone West Zone Open Open Open Existing 5 km of underground Valley of the Kings workings High-Grade Gold / Silver 200 m 200 m Gold Grade Legend >0.35 g/t Au Viewing window depth: 1,200m TSX:PVG 9
    • HIGH-GRADE RESOURCE AREAS E N S Valley of Kings 1000m Gold Grade Legend Low-Grade Envelope 10x10m High-Grade BlockTSX:PVG 10
    • VALLEY OF THE KINGS: CROSS-SECTION SU-29 SU-84 SU-106 SU-5 SU-77 SU-40 TSX:PVG 11
    • SNOWFIELD PROJECT Open Pit Located 65km northwest of Stewart, BC (September 2010 PA) Gold-enriched porphyry deposit with (Seabridge Gold) copper, silver, molybdenum and rhenium Mitchell Zone mineralization PEA of a joint Snowfield / KSM project in place with Seabridge Mineral Resource Summary – February 2011(1),(2) Grade Contained Metal Tonnes Au Ag Cu Mo Re Au Ag Cu (mt) (g/t) (g/t) (%) (ppm) (ppm) (mm oz) (mm oz) (bil lbs) Measured 189.8 0.82 1.69 0.09% 97.4 0.57 4.98 10.3 0.38 Indicated 1,180.3 0.55 1.73 0.10% 83.6 0.50 20.93 65.4 2.60 Measured & Indicated 1,370.1 0.59 1.72 0.10% 85.5 0.51 25.92 75.8 2.98 Inferred 833.2 0.34 1.90 0.06% 69.5 0.43 9.03 50.9 1.10(1) Metal price and recoveries assumptions are: Au US$1,025/oz (71%); Ag US$16.60/oz (70%); Cu US$3.0/lb (70%); Mo US$19.00/lb (60%); Re US$145.00/oz. (60%)(2) Mineral resource estimate at 0.30g/t AuEq cut-off. TSX:PVG 12
    • 2010 SNOWFIELD/BRUCEJACK PA Open pit operation with 27-year mine life Attractive strip ratios at Snowfield Preliminary Assessment Results and Gold Price2 (0.57:1) and Brucejack (2.95:1) Base Spot Price Case3 Case4 Capital expenditures of US$3,465 million; 1 NPV @ 5% (US $mm) 2,302 5,951 operating costs of US$9.38/t milled IRR (%) 12.4 21.7 Milling throughput of 120,000 t/day Payback (yrs) 5.3 3.5 producing:  Gold-silver doré Mine Life (yrs) 27 27  Copper-gold-silver concentrate Gold Price (US$/oz) 878 1,235  Molybdenum-rhenium concentrate Average Annual Production 2010 Preliminary Assessment Sensitivity Chart5 $4,000 19.0% $3,500 17.0% Yrs Life of NPV 5% (US$ mm) $3,000 15.0% 1–8 Mine $2,500 13.0% Gold (000 oz) 960 700 IRR (%) $2,000 11.0% Silver (000 oz) 7,855 4,162 $1,500 9.0% Copper (000 lb) 39,531 44,582 $1,000 7.0% Molybdenum (000 lb) 3,514 3,668 $500 (20%) (10%) 0% (Base Case) +10.0% +20.0% 5.0% Change in Commodity Price (%) Rhenium (kg) 9,379 9,011 Au Price (NPV) Cu Price (NPV) Au Price (IRR) Cu Price (IRR) (1) Capital cost includes US$454.5 million contingency. Operating costs converted from C$ at an exchange rate of 1.00 : 0.92 (C$ : US$). (2) Results are presented on a pre-tax basis as disclosed in the Preliminary Assessment dated October 28, 2010. (3) Metal prices used: US$14.50/oz Ag, US$17.00/lb Mo, US$2.95/lb Cu and US$7,811/kg Re. (4) Metal prices used: US$19.03/oz Ag, US$15.88/lb Mo, US$3.26/lb Cu and US$5,311/kg Re (as at August 27, 2010). (5) Source: Technical Report and Preliminary Assessment of the Snowfield-Brucejack Project, effective date September 10, 2010. TSX:PVG 13
    • VALUE CREATION - 2011  Preliminary Assessment on Brucejack high-grade gold mineralization  Extensive drill program focused on high-grade resource  Advance Snowfield, Brucejack or combined project to pre-feasibility Brucejack High-Grade PEA Snowfield and/or Brucejack Pre-Feasibility Drilling at Brucejack (High-Grade Focus) Drilling Results Update Brucejack Resource Estimates Update Brucejack High-Grade PEA 2Q 2011 3Q 2011 4Q 2011 1Q 2012 TSX:PVG 14
    • RESOURCE COMPARISON: BRUCEJACK HIGH-GRADE 25.0Measured & Indicated + Inferred Gold Grade (g/t) Phoenix 20.0 15.0 Red Lake Brucejack Eleonore 10.0 Efemcukuru Jerritt Canyon Kensington El Penon Quimsacocha 5.0 Casa Berardi Musselwhite 0.0 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 Measured & Indicated + Inferred Gold Resources (mm oz) Brucejack gold resources based on a cut-off grade of 0.30 grams of gold-equivalent/tonne. Source: Intierra Ltd. TSX:PVG 15
    • RESOURCE COMPARISON: BRUCEJACK BULK TONNAGE 1.40 MalarticMeasured & Indicated + Inferred Gold Grade (g/t) 1.20 Detour Lake 1.00 Brucejack 0.80 Livengood 0.60 Hycroft Metates 0.40 0.20 0.00 0.0 5.0 10.0 15.0 20.0 25.0 30.0 Measured & Indicated + Inferred Gold Resources (mm oz) Brucejack gold resources based on a cut-off grade of 5.0 grams of gold-equivalent/tonne within the 0.30 grams of gold-equivalent / tonne optimized pit shell. Source: Intierra Ltd. TSX:PVG 16
    • CAPITAL STRUCTURE(1) Shareholders by Type Shareholders by Geography Silver Asia, 13.5% Standard, 22.1% Canada, Europe, Management, Institutions, 39.4% 16.7% 4.8% 49.8% Retail, 23.3% USA, 30.4% (millions) Public Float 66.5 Silver Standard Shares 18.9 Total Issued and Outstanding Shares 85.5 Incentive Options 5.1 Total Fully Diluted Shares Outstanding 90.6 Approximate Net Working Capital C$46 millionAs of April 8, 2011; ownership calculated on an undiluted basis.(1) Assumes the exercise of 5,750,000 share purchase warrants each exercisable to purchase one share of Pretivm owned by Silver Standard Resources Inc. at $12.50 until April 8, 2012. TSX:PVG 17
    • WHY PRETIVM?TSX:PVG 18
    • MANAGEMENT TEAM & BOARD Noel Dunn Robert Quartermain, B.Sc, M.Sc, P.Geo, D.Sc Lead Director President & Chief Executive Officer, Director Partner, Niantic Partners LLC Joseph Ovsenek, B.Sc, P.Eng, LLB Vice President & Chief Development Officer, Director Ross Mitchell, CA Director Former CFO, Silver Standard Resources Inc. Ken McNaughton, M.A. Sc., P.Eng. Vice President & Chief Exploration Officer John Smith Director Chief Executive Officer, Silver Standard Resources Inc. Peter de Visser, CA Chief Financial Officer Tom Yip, CA Ken Konkin, P.Geo Director Project Manager, Snowfield & Brucejack Projects Chief Financial Officer, Silver Standard Resources Inc.TSX:PVG 19
    • Contact Head office Common Shares Phone: 604-558-1784 Pretium Resources Inc. TSX:PVG Fax: 604-558-4784 570 Granville St. Issued: 85.5 millionToll-free: 1-877-558-1784 Suite 1600 Fully diluted: 90.5 million invest@pretivm.com Vancouver, BC 52-week hi/low: $14.19/$5.75 www.pretivm.com Canada V6C 3P1 FD Market capitalization (at April 12, 2011) $886 million