Upload
others
View
4
Download
0
Embed Size (px)
Citation preview
pretivm.com
SEPTEMBER 2016INVESTOR FACT SHEET
Brucejack Project Milestones2016: - Construction in progress, commercial production target 2017. - Grass-roots exploration program east of the Brucejack Project.2015: Received BC Environmental Assessment Certificate March 2015. Received Federal Environmental Decision Statement July 2015. Received Mines Act Permit and Environmental Management Act Permit Sept 2015.2014: Updated Feasibility Study (June 2014); retained EPCM Contractor.2013: Updated Valley of the Kings Mineral Resource estimate (December); completed Valley of the Kings 10,000-tonne bulk sample program and underground exploration drilling; completed Feasibility Study (June); initiated permitting for an 2,700 tonnes per day underground mine.2012: Updated high-grade Mineral Resource estimate; completed access to Highway 37.2011: Completed first Mineral Resource estimate for Brucejack and conducted a 72,144-meter drill program focused on the Valley of the Kings.2010 Dec: Pretium Resources Inc. acquired Brucejack Project and Snowfield Project from Silver Standard Resources Inc. for C$450 million; Pretium IPO on TSX.
High-Grade Gold Reserves Proven and Probable Mineral Reserves for Valley of the Kings (at June 2014): • 6.9 Million ounces gold (13.6 Mt @ 15.7 g/t gold)
HIGHLIGHTS• Construction in progress• Commercial production target 2017• Fully funded• Received all permits• Valley of the Kings Resource remains open• Located in British Columbia
BRUCEJACK PROJECT
is the highest-grading undeveloped large-scale gold project. Located in northern British Columbia, it is being advanced as an underground gold mine with commercial production targeted for 2017.
Shareholding [1] (shares in millions)
Public Float 161.7Silver Standard Shares 17.0Total Issued & Outstanding Shares 178.8Incentive Options 8.1Fully Diluted Shares Outstanding 186.8
Working Capital 455.8m ( at Mar. 31,2016 )
Analyst CoverageCanaccord Genuity Eric ZaunscherbCIBC Jeff KilleenCormark Securities Richard GrayH.C. Wainwright Heiko F. IhleNumis Jonathan GuyPareto Securities Rhys BradleyRBC Dan RollinsRoth Capital Partners Joseph ReagorScotiabank Ovais Habib
Top Shareholders [2]
Silver Standard Resources 9.53%Van Eck Associates Corp. 8.87%Zijin Mining Group Co. 5.05%Black Rock Asset Management 4.99%Orion & Blackstone 4.73%Liberty Metal & Mining 4.66%Sun Valley Gold, LLC 2.45%M&G Investment Management 2.22%Pretivm Management 2.00%Connor, Clark & Lunn Investment 1.97%(1) As of August 31, 2016(2) Source: IPREO, Financing
Stock Information52-week high/low $16.17/$5.74Share Price* $13.38Market Capitalization* $2.39 Billionat Sept. 1, 2016
$18.00
$16.00
$14.00
$12.00
$10.00
$8.00
$6.00
$4.00
$2.00
0
Dece
mbe
r - 2
010
June
- 20
11
Dece
mbe
r - 2
011
Jun
e - 2
012
Dece
mbe
r - 2
012
Jun
e - 2
013
Dec
embe
r - 2
013
Jun
e - 2
014
Dec
embe
r - 2
014
Jun
e - 2
015
Dec
embe
r - 2
015
Jun
e - 2
016
(1) Source: Feasibility Study and Technical Report on the Brucejack Project, dated June 19, 2014; capital cost updates, news release dated Feb 17, 2016.(2) Base case metals prices of US$1,100 /oz gold and US$14/oz silver(3) Includes cash costs net silver credit, sustaining capital, corporate G&A, and reclamation cost accretion
June 2014 Feasibility Study Highlights(1,2) : Processing rate 2,700 tonnes per day Mine life 18 years Total gold production 7.27 million oz Average annual gold production 504,000 ounces (years 1-8) 404,000 ounces (life of mine) Average gold grade 15.8 g/t (years 1-10) 14.1 g/t (life of mine) All-in sustaining cash cost per oz (3) US$446/oz Capex (including working capital) US$696.8 million Total operating costs C$163.05/t milled Internal Rate of Return 33.0% (pre-tax) 27.4% (post-tax) Net Present Value US$2.36 billion (pre-tax) (5% discount) US$1.55 billion (post-tax)
ADVANCING BRUCEJACKTO PRODUCTION
Valley of the Kings Mineral Resource estimate - July 2016 (1)
Category Tonnes(millions)
Gold(g/t)
Silver(g/t)
Contained
Gold(million oz)
Silver(million oz)
Measured 3.5 17.0 15.3 1.9 1.7
Indicated 13.0 17.3 15.0 7.2 6.2
M&I 16.4 17.2 15.0 9.1 7.9
Inferred 4.6 21.0 26.9 3.1 4.0
(Based on a gold-silver cut-off grade of 5.0 grams/tonne)(1) Source: Mineral Resource Technical Report, dated Dec. 19, 2013; Resource Estimate Update news release dated Jul 21, 2016.
Robert A. Quartermain, BSc, MSc, P.Geo, DSc Chairman and Chief Executive Officer
Joseph J. Ovsenek, P.Eng., LLB President, Director
Kenneth C. McNaughton, M.A. Sc., P.Eng.Vice President and Chief Exploration Officer
Michelle Romero, B.A., MLSVice President, Corporate
Tom S.Q. Yip, C.A. Chief Financial Officer
David Prins, B.Eng. Tech.Project Director
Debbie Bortolussi, M.B.A., CHRP.Vice President, Human Resources
Kevin Torpy, B.ScGeneral Manager, Brucejack Mine
Management and Directors George PaspalasLead Director Noel DunnDirectorNicole Adshead-BellDirectorPeter Birkey, CFA DirectorRoss Mitchell, C.A.DirectorShaoyang Shen, CPA, CMA, MBA Director
Stock Transfer Agent:Computershare Trust Company of Canada510 Burrard Street, Vancouver, B.C. Canada V6C 3B9North America toll-free: 800-564-6253Outside North America: 514-982-7888
Head OfficePretium Resources Inc.Suite 2300, Four Bentall Centre, 1055 Dunsmuir StreetPO Box 49334, Vancouver, B.C. V7X 1L4Tel: 604-558-1784 Fax: 604-558-4784Email: [email protected]
pretivm.com