Mr. Robert Quartermain reports

PRETIUM RESOURCES INC.: DEEP INFILL DRILLING CONTINUES TO CONFIRM HIGH-GRADE GOLD MINERALIZATION

Pretium Resources Inc. has released the results from deep infill drilling under way in the Valley of the Kings, including the intersection of visible gold.

Selected drill highlights include:

• Hole SU-632-W4 intersected 335.65 grams of gold per tonne over 2.10 metres, including 4,130 grams of gold uncut over 0.80 metre and 3,530 grams of gold uncut over 0.50 metre.

The extreme gold grade noted above was intersected in hole SU-632-W4, which was wedged downhole off drill hole SU-632 at 272.5 metres. Drill hole SU-632 was collared in the western part of the Valley of the Kings. Directional drilling, which enables offset holes to be drilled downhole from a single surface drill hole, is under way as part of a deep infill drilling program in the Valley of the Kings in support of the mine plan for the Brucejack project. Drilling is being conducted on a portion of inferred and indicated mineral resources from the December, 2013, Valley of the Kings mineral resource estimate below the 1,345-metre level. A second drill is currently dedicated to geotechnical drilling at site.

Underground drilling in the Valley of the Kings is planned to commence in September after commissioning the new water treatment plant.

      SELECTED VALLEY OF THE KINGS DRILL RESULTS, 
                  AUGUST, 2014 (1, 2, 3)

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

SU-631        152.50   154.00     1.50     18.10    8.40
              325.00   328.00     3.00     70.80   57.40
Incl.         325.00   326.50     1.50    127.50   88.90
              490.30   491.80     1.50     15.25   10.10
SU-631-W1       6.50     8.00     1.50     37.10   48.10
               24.80    26.30     1.50      7.80   20.90
               79.70    83.30     3.60      5.55   14.8
SU-631-W2      38.00    39.00     1.00      8.85   10.70
               61.00    62.50     1.50      8.87    6.30
SU-632         87.00    88.00     1.00      9.67   14.20
              310.55   311.71     1.16      7.62  351.86
              521.88   522.38     0.50     35.20   47.70
SU-632-W1       Wedge shifted; hole stopped at 17 m.
SU-632-W2      72.71    73.21     0.50     79.20   43.60
              141.00   142.50     1.50     49.20   19.60
SU-632-W3     116.00   117.5      1.50      4.71    3.7
              120.5    126.5      6.00      2.03    1.83
              188.00   201.00    13.00      1.21    3.71
              216.10   226.60    10.50      1.40    1.83
SU-632-W4(4)   78.76    80.86     2.10    335.65  353.43
Or (5)         78.76    80.86     2.10  2,415.17  353.43
Incl. (5)      78.76    79.26     0.50  3,530     394.00
Incl. (5)      80.06    80.86     0.80  4,130     678.00
              206.30   207.80     1.50      6.68    4.90
              265.42   265.92     0.50      9.31    5.50

(1) True thickness to be determined.
(2) Unless otherwise indicated as uncut, all gold assays 
over 540 g/t were cut to 540 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 parts per million silver were fire assayed 
with a gravimetric finish. Samples with over 10 parts per
million 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 half-split core assayed at ALS Chemex in 
Vancouver.
(4) Two samples cut to 540 g/t gold.
(5) Uncut.

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.