Vancouver Resource Investment Conference Jan 20, 2014

Vancouver Resource Investment ConferenceJanuary 20, 2014

CAUTIONARY STATEMENT

Forward Looking InformationThis Presentation contains ‘‘forward-looking information’’ and forward-looking statements within the meaning of applicable Canadian and United States securities legislation. 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 reserves and resources, realization of mineral reserves and 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’’, ‘‘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, or the negative forms of any of these terms and similar expressions 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 are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety ofknown 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 informationincluding, without limitation, those risks identified in our Annual Information Form dated March 18, 2013 filed on SEDAR at www.Sedar.com and in the United States on Form 40-F through EDGAR at the SEC’s website at www.sec.gov. 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 43-101Technical 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. CurrencyUnless otherwise indicated, all dollar values herein are in Canadian $.

2

An investment in Gold

High-grade underground gold project

Commercial production target 2016

Located in British Columbia, Canada

3

BRUCEJACK CORE AND ROCK SAMPLES

• Get good pictures of our gold rock samples

4

BRUCEJACK PROJECT LOCATION

220km Terrace

Red Chris

Mt Milligan

5

BC EXPLORATION (1,2,3)

(1) BC Stats – Ministry of Technology, Innovation and Citizens’ Services Ministry of Energy and Mines(2) Pretium Resources Inc. – Consolidated Financial Statements for the Years Ended Dec 31, 2013 and 2011(3) Silver Standard Resources Inc. - Annual Report 2010

0

100000000

200000000

300000000

400000000

500000000

600000000

700000000

800000000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Exploration Expenditures in BC

Brucejack & Snowfield Total BC Mineral

6

HIGH-GRADE GOLD RESERVES(1,2,3)

Category Tonnes(mil)

Gold(g/t)

Silver(g/t)

ContainedGold

(mil oz)Silver

(mil oz)

Probable 15.1 13.6 11.0 6.6 5.3

Category Tonnes(mil)

Gold(g/t)

Silver(g/t)

ContainedGold

(mil oz)Silver

(mil oz)Proven 2.0 5.7 309 0.4 19.9Probable 1.8 5.8 172 0.3 10.1Total P&P 3.8 5.8 243 0.7 30.0

Valley of the Kings Mineral Reserve Estimate – May 16, 2013 West Zone Mineral Reserve Estimate – May 16, 2013

(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) The June 2013 feasibility study is based on the November 2012 Mineral Resource estimate for the Brucejack Project and will be amended in 2014. 7

MILESTONES TO PRODUCTION

2013

Completed Feasibility Study (June)

Completed underground bulk sample program and exploration

Updated Resource Estimate (December)

H1 2014

File Environmental Assessment Certificate Application

Amend Feasibility Study

H2 2014/ 2015

Anticipate Environmental Assessment Certificate

Mine construction

2016

Commission, ramp-up, commercial production at Brucejack Gold Mine

8

DECEMBER 2013 RESOURCE ESTIMATE

Valley of the Kings Mineral Resource estimate - December 2013(1),(4)

(Based on a cut-off grade of 5.0 grams of gold-equivalent/tonne(5))

CategoryTonnes

(millions)Gold(g/t)

Silver(g/t)

Contained(3)

Gold(million oz)

Silver(million oz)

Measured 2.0 19.3 14.4 1.2 0.9Indicated 13.4 17.4 14.3 7.5 6.1

M & I 15.3 17.6 14.3 8.7 7.0Inferred(2) 5.9 25.6 20.6 4.9 3.9

(1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected byenvironmental, 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 ReserveDefinitions 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 asan 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 figures and totals may differ due to rounding of figures.(4) The Mineral Resource estimate stated in Table 1 is defined using 10 m by 10 m by 10 m blocks in the in Valley of the Kings.(5) The gold equivalent value is defined as AuEq = Au + Ag/53.(6) See news release dated December 19, 2013.

The updated Valley of the Kings Resource estimate announced in December (6) added Measured gold Resources and increased gold grade:

The June 2013 Feasibility Study will be amended using the December Valley of the Kings Mineral Resource estimate (6)

9

VALLEY OF THE KINGS: STOCKWORK

Cleo 615L West RaiseWest Drift

S N

Domain 20

~0.5 m

10

1111

MINING THE VALLEY OF THE KINGS

100 mS

Valley of the Kings proposed mining stopes -15m wide X 30m high (June 2013 Feasibility Study)

Long-hole stoping mining method

Bulk sample program conclusions:

Stockwork is well-defined

Excellent rock competency

Waste rock disposal proven

Proven logistics

Trade-off study underway for staged development potential in order to manage Capex

PROCESSING REFINEMENT

Gravity and flotation concentration

Producing gold/silver concentrate and doré

Bulk sample program gold recoveries averaged 98%

Evaluate increasing recoveries in amended Feasibility Study (from 95% in June 2013 FS)

Opportunity to simplify flow sheet

12

OPTIMIZED SITE LAYOUT

13

JUNE 2013 FEASIBILITY STUDY (1,2)

(1) Source: Feasibility Study and Technical Report on the Brucejack Project, (Tetra Tech) 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(4) See Slide 9

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)

The June 2013 Feasibility Study is based on the November 2012 Mineral Resource estimate for the Brucejack Project and will be amended in 2014 to incorporate the December 2013 Mineral Resource estimate for the Valley of the Kings. (4)

14

2014 AMENDED FEASIBILITY STUDY (1)

Uses Measured & Indicated Resources

Uses lower metals prices, updated exchange rates

$1,100 gold, $17 silver

$0.92 CAD:US

Optimized site layout

Reduced surface prep

Cost and time savings

Refinements underway for mining, metallurgy and flow sheet based on results of 2013’s Valley of the Kings bulk sample program

Amended Brucejack Project Feasibility Study expected Q2

(1) The amended Brucejack Project Feasibility Study will be based on the December 2013 Mineral Resource estimate for the Valley of the Kings. See slide 9.

15

REGIONAL WATERSHED AREA

• Drainage pathways and watershed boundaries mapCASCADE

BRUCEJACK PROJECT

BRUCEJACK LAKE (not fish habitat)

16

BRUCEJACK PERMITTING

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

17

COMMUNITY ENGAGEMENT

Commercial relationships with local First Nations during the exploration phase at Brucejack have been mutually successful

Examples of Brucejack Project contracts with First Nation development corporations include camp construction, access road maintenance, waste rock disposal

The proposed mine will provide approximately 800 jobs during construction and 500 jobs during operations

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

18

THE NEXT SIX MONTHS:

Q1 2014

File 43-101 Technical Report for December 2013 Mineral Resource estimate update

Technical sessions on Resource estimate (to be webcast)

Process 1,000 tonnes of high-grade ore from 2013 exploration program

Plan for excavation of additional 1,000 tonnes of high-grade ore

File Environmental Assessment Certificate application

Q2 2014

Amend Feasibility Study

Plan underground exploration program

Potential production of additional 1,000 tonnes of high-grade ore 19

ADDITIONAL EXPLORATION POTENTIAL

200 m

N Valley of the Kings Access Ramp

Bulk Sample

Approximate surface projection of December

2013 Indicated resources

SU-4980.5m @ 3,874 g/t Au

SU-5261.16m @ 4,195 g/t Au

VU-1360.5m @ 1,100 g/t Au

Brucejack Fault

20

Kirkland Lake Mine(Kirkland Lake)

Kensington Mine(Coeur)

Casa Berardi(Hecla/Aurizon)

El Penon Mine(Yamana)

Red Lake Mine(Goldcorp)

Pogo Mine(Sumitomo)

Valley of the Kings

Cerro Negro(Goldcorp)

Eleonore(Goldcorp)

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0

Prov

en +

Pro

babl

e G

old

Gra

de (g

/t)

Proven + Probable Gold Reserves (mm oz)

HIGH-GRADE GOLD WITH SIZE

Data source: Companies (1) Valley of the Kings reserves based on June 2013 Feasibility Study to be amended in 2014 using updated Mineral Resource estimate.

Probable Gold (1): 6.6 Moz. @ 13.6 g/t Au

21

SHAREHOLDING & ANALYST COVERAGE

Capital Structure(1)

Public Float 86.0Silver Standard Shares 19.0 Total Issued & Outstanding Shares 105.0 Incentive Options 9.8Total Fully Diluted Shares 114.8

Market Cap (at January 16, 2014) C$673 million

Working Capital (at Sept. 30, 2013) C$34.8 million

(1) As of January 10, 2014; ownership calculated on an undiluted basis. (2) As of January 10, 2014. Source: IPREO, SEDI

(shares in millions)

Top Shareholders(2) (shares in millions)

Silver Standard Resources 18.986Royce & Associates 7.247Liberty Metals & Mining 6.850 Passport Capital 3.788Robert Quartermain 2.853 Sun Valley Gold LLC 2.611TD Asset Management 2.001Sprott Asset Management 1.684Schroder Inv. Mgmt. (N.A) 1.544Fidelity Management 1.240

Analyst CoverageBMO John HayesCIBC Jeff KilleenCitibank Alex HackingCormark Securities Richard GrayCowen Securities Adam GrafGMP Securities George AlbinoRBC Dan RollinsRoth Capital Partners Joseph ReagorSalman Partners Ash GuglaniScotiabank Ovais HabibVery Independent Research John Tumazos

Institutions, 49%

Retail, 29%

Silver Standard,

18%

Management, 4%

22

COMMON SHARESTSX/NYSE:PVGIssued: 105 millionFully diluted: 114.8 million52-week hi/low: $12.54/$2.83Market cap: $673 million (at January 16, 2014)

Advancing a major high-grade gold project in CanadaCONTACTPhone: 604-558-1784Fax: 604-558-4784Toll-free: [email protected]

HEAD OFFICEPretium Resources Inc.570 Granville St.Suite 1600Vancouver, BCCanada V6C 3P1