Feasibility Study and Technical Report - Pretivm

managers, and the mining manager, all of whom will assume responsibility for completingthe Project successfully, using the following strategies.For the surface facilities, the execution strategy reflects a single EPCM contractorapproach to manage project execution. Under the direction of a constructionmanagement team (CMT), field construction contractors, will commence work afterengineering and procurement tasks are well-advanced.For underground development, the feasibility level design will be updated by a selectedmining design firm. After substantial completion of the design update has beencompleted, a mining contractor will be engaged to perform all decline, drift, raise, andinfrastructure development.The Project will transition from the study phase to basic engineering in Q3 2013 and willmove forward in the following phases:• Stage l – early works including mine development, the EAC application,permitting, access road upgrades, preliminary power transmission line ROW,basic engineering, and the procurement of long-lead equipment.• Stage ll – full project execution (following permit approval), including detailedengineering, procurement, construction team mobilization, construction, andcommissioning.Upon completion of the feasibility study phase and project sanction, Stage I will beginand will focus on permitting, basic engineering, preliminary infrastructure works, andprocurement of long delivery equipment to maintain the targeted project completionschedule. Stage ll will focus on delivery of the operating mine, process facilities, andinfrastructure in order to provide a fully operational facility by Q3 2016.The following subsections discuss the framework for the execution of the Project duringthe EPCM phases, and into operations.Pretium Resources Inc. 24-2 1291990200-REP-R0012-02Feasibility Study and Technical Report on the BrucejackProject, Stewart, BC