Mr. Robert Quartermain reports

PRETIUM RESOURCES INC.: VALLEY OF THE KINGS BULK SAMPLE DRILLING CONTINUES TO CONFIRM PROJECTION OF MINERALIZED DOMAINS

Pretium Resources Inc.'s initial underground drilling as part of the Valley of the Kings bulk sample program has intersected visible gold, and continues to confirm the projection of high-grade gold mineralized domains. (See the table for assays from the seven holes drilled on Section 426600.)

Selected highlights from hole VU-02 include:

• 33.20 grams of gold per tonne uncut over 17.50 metres, including 988.0 grams of gold per tonne uncut over 0.50 metre and 117.5 grams of gold per tonne over 0.50 metre.

Hole VU-02 was drilled on Section 426600 as part of the first fan of drilling, at 10.3 degrees below the previously reported horizontal hole VU-01 (see news release dated May 28, 2013). This fan was drilled before commencing the Section 426600 crosscut now being excavated across the mineralized domains. The drill will be repositioned shortly to continue fan drilling.

Approximately 15,000 metres of underground drilling in 190 holes will be completed as part of the Valley of the Kings bulk sample program. The drilling will define the portions of the two domains of mineralization being tested by the program along 120 metres of strike length, and vertically for 60 metres above and 60 metres below the 1,345-metre level of the Valley of the Kings. The drilling will be completed on sections 7.5 metres apart along the 120 metres of strike length. Each section will be drilled from the north or south, with drill holes at 15-metre centers vertically at the margins of the mineralized domains. The drill program will run concurrently with the excavation of the 10,000-tonne bulk sample scheduled to begin in mid-June and be completed in August.

Strathcona Mineral Services Ltd. of Toronto has been engaged as the independent qualified person to oversee and report on the Valley of the Kings bulk sample program.

Assay results from underground drilling will be reported as they are received. Strathcona's report on the bulk sample program is expected later in the year after compilation of all data.

The feasibility study for a 2,700-tonne-per-day underground mine at Brucejack is nearing completion and is expected by the end of the month.

     VALLEY OF THE KINGS BULK SAMPLE DRILL RESULTS, 
          JUNE, 2013 (VU-01 TO VU-07)(1,2,3)

Hole        From       To Interval    Gold  Silver   Cap-
No.      (metres) (metres) (metres)   (g/t)   (g/t)  ping

VU-02                                                1 Au
                                                   sample
           27.00    44.50    17.50   17.25   25.07    cut
or         27.00    44.50    17.50   33.20   25.07  Uncut
incl       27.55    28.05     0.50  988.00  493.00  Uncut
incl       41.15    41.65     0.50  117.50   66.10
VU-03      30.00    40.00    10.00    3.85    8.75
incl       30.00    30.50     0.50   42.30   65.50
VU-04      29.50    38.50     9.00    1.44    6.27
VU-05      29.00    42.00    13.00    1.65    6.76
VU-06      37.00    44.00     7.00    3.24    5.02
incl       40.00    41.57     1.57   10.64    9.32
VU-07      30.00    45.50    15.50   10.07   18.22
incl       35.89    36.39     0.50  271.00  257.00
           51.00    59.00     8.00   10.85   14.44
incl       53.95    54.45     0.50  140.00   57.60

(1) True thickness to be determined   
(2) Unless otherwise indicated as uncut, all gold assays 
over 421 g/t were cut to 421 g/t.
(3) All samples were submitted for preparation and 
analysis by ALS Chemex at its facilities in Terrace, B.C. 
All samples were analyzed using multidigestion with ICP 
finish and fire assay with AA finish for gold. Samples 
over 100 parts per million silver were reanalyzed using 
four-acid digestion with an ore grade AA finish. Samples 
over 1,500 ppm silver were fire assayed with a 
gravimetric finish. Samples with over 10 ppm gold were 
fire assayed with a gravimetric finish. One in 20 samples   
was blank, one in 20 was a standard sample, and differing 
one in 20 samples was a field duplicate one-quarter split 
core assayed at ALS Chemex in Vancouver.

Kenneth C. McNaughton, MASc, PEng, chief exploration officer, Pretium Resources, is the qualified person responsible for the Brucejack project exploration program.

We seek Safe Harbor.