Feasibility Study and Technical Report - Pretivm

6.1 WORK COMPLETED BY SILVER STANDARDIn 2009, Silver Standard began their first work on the Property following its acquisition.The 2009 program included drilling, rock-chip and channel sampling, and re-sampling ofhistorical drill core.During the 2009 field program, Silver Standard collected a total of 1,940 drill coresamples from 25 historical drillholes stored on site, and sent them to ALS for analysis.The samples were sent to the ALS assay laboratory in Terrace for preparation, and thenforwarded to the ALS facility in Vancouver for analysis. Samples were analyzed for gold(30 g fire assay with atomic absorption (AA) finish) as well as 33 other elements by usingfour-acid digestion with inductively coupled plasma (ICP) analysis. The 2009 programalso included re-analysis of 941 pulp samples derived from historical drill core samples.These samples were also analyzed for gold and 33 other elements at the ALS facility inVancouver.During the 2009 field work program, 2,739 rock-chip and channel samples werecollected from surface outcrops. This sampling work was mostly done in target areasthat were drilled by Silver Standard in 2009, with samples generally collected alongnorth-south oriented lines that corresponded to the surface traces of some of the 2009drillholes. Specifically, rock-chip and channel sampling were completed at the GalenaHill, Bridge, SG, and Mammoth zones (where drilling was carried out in 2009), as well asat the Hanging Glacier Zone (where historical surface sampling had identified rocksenriched in gold and silver). The surface samples were analyzed for gold and 33 otherelements.A total of 17,846 m of diamond drilling was completed in 37 holes during the 2009 fieldseason.In 2010, a total of 33,400 m of diamond drilling was completed in 72 holes.6.2 PREVIOUS FEASIBILITY STUDIES AT THE PROPERTYCorona Corporation (Corona) completed a feasibility study on a proposed undergroundmine with decline access for the Sulphurets Project (West and R-8 Zones only) in 1990.A total operating cost of $145 per ton was estimated based on a 350 ton per day millfacility for processing, along with a capital cost of $42.7 million and a 6.7% pre-tax returnat a price of US$400/oz gold and US$5/oz silver. The study concluded that higher metalprices must be realized before a production decision could be taken.The reader is cautioned that the information above, mentioned in the 1990 CoronaSulphurets Project Feasibility Study is no longer relevant, is not NI 43-101 compliant, andshould not be relied upon.Pretium Resources Inc. 6-5 1291990200-REP-R0012-02Feasibility Study and Technical Report on the BrucejackProject, Stewart, BC