EX-99.1 2 exhibit_99-1.htm MATERIAL CHANGE REPORT DATED OCTOBER 24, 2013 exhibit_99-1.htm

EXHIBIT 99.1
 

Form 51-102F3
Material Change Report
 
Item 1
Name and Address of Company
 
Pretium Resources Inc. (“Pretivm”)
#1600 – 570 Granville Street
Vancouver, BC
V6C 3P1
 
Item 2
Date of Material Change
 
October 24, 2013
 
Item 3
News Release
 
The news release dated October 24, 2013 was disseminated through Marketwire and filed on SEDAR on October 24, 2013.
 
Item 4
Summary of Material Change
 
Pretivm reported the results from the final drill fan completed as part of the Valley of the Kings Bulk Sample Program and results from exploration drilling in other areas of the Valley of the Kings.
 
Item 5
Full Description of Material Change
   
 
5.1  Full Description of Material Change

Pretivm reported the results from the final drill fan completed as part of the Valley of the Kings Bulk Sample Program (the “Program”), and results from exploration drilling in other areas of the Valley of the Kings.  Reported assays include 12 intersections grading greater than 1,000 grams per tonne gold uncut, two of which were intersected in the planned Program fan. (See Table 1 below for assays.)

Selected drill highlights include:
   
 
Hole VU-346 (Exploration hole) intersected 334 grams of gold per tonne uncut over 26.00 meters, including 17,100 grams of gold per tonne uncut over 0.50 meters;
 
Hole VU-313 (Exploration hole) intersected 149 grams of gold per tonne uncut over 27.57 meters, including 7,850 grams of gold per tonne uncut over 0.50 meters;
 
Hole VU-326 (Exploration hole) intersected 390.58 grams of gold per tonne uncut over 5.80 meters, including 3,950 grams of gold per tonne uncut over 0.50 meters;
 
Hole VU-344 (Exploration hole) intersected 49.48 grams of gold per tonne uncut over 45.25 meters, including 3,280 grams of gold per tonne uncut over 0.50 meters;
 
 
 
1

 
 
 
 
Hole VU-308 (Exploration hole) intersected 3,020 grams of gold per tonne uncut over 0.50 meters;
 
Hole VU-311 (Program hole) intersected 1,950 grams of gold per tonne uncut over 0.50 meters, 1,145 grams of gold per tonne uncut over 0.50 meters and 668 grams of gold per tonne uncut over 0.50 meters.
 
 
Holes VU-346 and VU-344 noted above encountered high-grade gold mineralization east of the Program drilling area. Hole VU-346 is located 30 meters along trend from the gold mineralization in the 615 Lateral drift. Hole VU-313 noted above was drilled to the north of the Program area.

Underground exploration drilling has focused on extending the high grade gold mineralization intersected to the east of the Bulk Sample Program area above and below the 1345-meter level.  Drilling continues to intersect mineralization in projected domains. The underground exploration drilling is in an area of limited, wide-space surface drilling and demonstrates the continued potential to outline high-grade mineralization in the Valley of the Kings, particularly along the projection of Domain 20 to the east.

Underground exploration continues with raising on the high-grade Cleopatra vein, as well as mineralized structures identified in the 615 lateral drift. Raises will be sampled to help characterize the distribution of gold in the high grade structures.

For plan and cross-section views of Program and exploration drilling please see attached (Schedule “A”).

Assay results for total Program drilling (16,789 meters in 201 underground holes) have now been reported.  Assays remain to be reported for 2,720 meters of underground exploration drilling and 5,400 meters of surface exploration drilling. All remaining assays will be reported on receipt.

An updated Mineral Resource estimate for the Valley of the Kings incorporating all 2013 underground and surface drilling and milling results from our 10,000-tonne bulk sample will be prepared following the receipt of all assay data.
 
Table 1: Valley of the Kings Drill Results, October 2013 (VU-300 to VU-351)(1,2,3)
 
 
Hole
No.
Dip/
Azimuth
 
From
(meters)
To
(meters)
Interval (meters)
Gold
(g/t)
Silver
(g/t)
Capping
 
Bulk Sample Drill Fan Section 426637E (360 Azimuth)
 
VU-304
-1/360
 
14.34
14.80
0.46
163.00
56.40
 
 
VU-306
14/360
 
24.50
28.50
4.00
1.76
4.31
 
       
118.00
125.96
7.96
5.36
42.63
 
     
incl
120.00
120.50
0.50
20.70
40.60
 
     
incl
124.46
124.96
0.50
22.10
8.70
 
 
VU-311
27/360
 
24.04
29.00
4.96
59.23
147.01
1 Au sample cut
     
or
24.04
29.00
4.96
212.46
147.01
Uncut
     
incl
24.04
24.54
0.50
1,950
1,190
Uncut
 
 
 
2

 
 
 
     
incl
25.50
26.00
0.50
142.50
70.60
 
       
80.50
83.50
3.00
79.46
112.97
1 Au sample cut
     
or
80.50
83.50
3.00
198.63
112.97
Uncut
     
incl
80.50
81.00
0.50
29.90
32.90
 
     
incl
83.00
83.50
0.50
1,145
612.00
 
       
92.05
92.55
0.50
668.00
31.60
 
 
VU-315
37/360
 
26.10
29.00
2.90
5.38
64.48
 
 
VU-318
45/360
 
26.30
29.75
3.45
17.01
29.51
 
     
incl
26.30
26.80
0.50
30.80
39.70
 
     
incl
28.80
29.30
0.50
59.40
33.50
 
 
VU-321
54/360
 
31.14
32.64
1.50
126.65
132.07
 
     
incl
31.14
31.64
0.50
119.00
96.00
 
     
incl
31.64
32.14
0.50
257.00
212.00
 
 
VU-323
64/360
 
41.90
58.50
16.60
4.13
12.14
 
     
incl
41.90
42.47
0.57
86.50
122.00
 
 
VU-329
-38/360
 
73.00
93.00
20.00
1.09
20.76
 
 
VU-332
-46/360
 
85.00
93.50
8.50
2.37
52.59
 
     
incl
86.50
87.00
0.50
23.20
49.30
 
 
VU-336
-55/360
 
85.50
86.00
0.50
21.90
14.40
 
 
Exploration Drilling from Drill Bay Section 426637 (348 Azimuth)
 
VU-339
-10/348
 
23.93
31.00
7.07
31.07
25.84
1 Au sample cut
     
or
23.93
31.00
7.07
81.29
25.84
Uncut
     
incl
23.93
24.43
0.50
1,140
323.00
Uncut
 
VU-342
-21/348
 
56.00
58.50
2.50
20.12
24.80
 
     
incl
57.50
58.00
0.50
91.30
70.00
 
 
VU-345
-35/348
 
22.00
24.20
2.20
9.60
8.85
 
     
incl
23.70
24.20
0.50
34.80
16.40
 
       
107.50
118.00
10.50
1.40
36.94
 
 
VU-347
-48/348
 
5.25
5.75
0.50
20.70
16.60
 
       
27.50
28.00
0.50
30.80
51.80
 
       
72.50
76.00
3.50
6.99
18.36
 
     
incl
75.50
76.00
0.50
27.80
24.00
 
 
VU-349
-61/348
 
18.50
19.00
0.50
97.90
90.90
 
       
102.00
110.50
8.50
30.89
58.58
1 Au sample cut
     
or
102.00
110.50
8.50
79.71
58.58
Uncut
     
incl
102.97
103.47
0.50
1,260
725.00
Uncut
     
incl
103.90
104.40
0.50
43.20
34.40
 
     
incl
109.00
109.50
0.50
38.30
84.60
 
 
Exploration Drilling from Drill Bay Section 426547 (338 Azimuth)
 
VU-294
40/338
 
17.00
29.70
12.70
0.91
13.65
 
 
VU-297
34/338
 
12.64
18.50
5.86
3.00
6.19
 
       
44.89
45.39
0.50
733.00
538.00
Uncut
 
VU-300
27/338
 
80.00
82.50
2.50
52.55
38.34
 
     
incl
80.00
80.50
0.50
232.00
174.00
 
 
VU-303
18/338
 
53.48
55.50
2.02
158.06
103.42
1 Au sample cut
 
 
 
3

 
 
 
     
or
53.48
55.50
2.02
226.37
107.52
Uncut
       
53.48
53.98
0.50
706.00
338.00
Uncut
 
VU-305
9/338
 
5.50
10.50
5.00
0.79
3.26
 
 
VU-308
-40/338
 
49.50
50.70
1.20
54.20
46.60
 
       
77.90
78.40
0.50
3,020
1,650
Uncut
 
VU-313
-34/338
 
65.30
92.87
27.57
14.88
78.78
1 Au sample cut
     
or
65.30
92.87
27.57
149.45
78.78
Uncut
     
incl
65.30
65.80
0.50
328.00
178.00
 
     
incl
86.25
86.75
0.50
7,850
3,920
Uncut
 
VU-316
-26/338
 
52.25
78.00
25.75
9.56
47.46
1 Au sample cut
     
or
52.25
78.00
25.75
36.75
47.46
Uncut
     
incl
52.25
52.75
0.50
1,830
1,600
Uncut
     
incl
77.50
78.00
0.50
13.90
69.30
 
 
VU-319
-18/338
 
47.36
50.36
3.00
60.74
141.32
 
     
incl
47.36
47.86
0.50
331.00
550.00
 
 
Exploration Drilling from Drill Bay Section 426547 (354 Azimuth)
 
VU-322
53/354
 
2.50
26.00
23.50
1.11
11.42
 
 
VU-326
43/354
 
58.25
64.05
5.80
74.55
287.12
2 Au samples cut
     
or
58.25
64.05
5.80
390.58
287.12
Uncut
     
incl
58.25
58.75
0.50
576.00
500.00
 
     
incl
63.55
64.05
0.50
3,950
2,760
Uncut
 
VU-330
29/354
 
7.90
25.35
17.45
2.62
22.84
 
     
incl
12.50
13.80
1.30
18.15
11.70
 
       
61.77
62.77
1.00
14.60
5.10
 
 
VU-333
13/354
 
44.40
44.90
0.50
55.10
29.50
 
 
VU-334
-29/354
 
1.50
28.50
27.00
6.81
11.89
 
     
incl
2.76
3.26
0.50
242.00
243.00
 
     
incl
27.00
28.50
1.50
26.10
17.30
 
 
VU-337(4)
-43/354
 
3.75
41.80
38.05
2.55
8.24
 
     
incl
3.75
4.25
0.50
111.00
114.00
 
       
83.95
84.45
0.50
31.60
19.30
 
       
138.10
140.80
2.70
13.46
15.59
 
     
incl
139.80
140.80
1.00
26.50
16.10
 
 
VU-340
-53/354
 
73.50
75.00
1.50
23.50
10.00
 
       
99.98
131.05
31.07
13.74
17.07
1 Au sample cut
     
or
99.98
131.05
31.07
17.51
17.07
Uncut
     
incl
99.98
100.50
0.52
185.50
236.00
 
     
incl
120.43
120.93
0.50
204.00
154.00
 
     
incl
130.55
131.05
0.50
664.00
431.00
Uncut
 
VU-343
-13/354
 
16.50
31.50
15.00
1.99
7.90
 
 
Exploration Drilling from Drill Bay Section 426652 (13.5 Azimuth)
 
 
 
4

 
 
 
 
VU-301
0/13.5
 
10.30
10.80
0.50
94.40
52.20
 
 
VU-302
13/13.5
 
24.00
58.50
34.50
2.13
8.11
 
     
incl
57.00
58.50
1.50
22.60
20.30
 
 
VU-307
21/13.5
 
25.80
31.00
5.20
8.21
13.93
 
     
incl
29.90
30.50
0.60
34.40
53.00
 
 
VU-309
29/13.5
 
29.60
41.70
12.10
2.94
15.86
 
       
59.85
60.35
0.50
59.50
25.30
 
       
70.50
71.80
1.30
22.30
13.80
 
 
VU-310
37/13.5
 
28.50
43.50
15.00
5.92
16.40
 
     
incl
30.61
31.11
0.50
72.00
18.00
 
  VU-312
47/13.5
 
38.10
56.62
18.52
16.72
44.83
1 Au sample cut
     
or
38.10
56.62
18.52
38.45
44.83
Uncut
     
incl
45.50
46.00
0.50
66.40
55.00
 
     
incl
46.57
47.07
0.50
1,235
845.00
Uncut
 
VU-314
-16/13.5
 
8.00
8.50
0.50
102.00
65.50
 
       
44.66
45.16
0.50
30.00
27.30
 
 
VU-317
-34/13.5
 
22.00
26.50
4.50
3.89
5.19
 
 
VU-320
-50/13.5
 
29.05
34.50
5.45
3.13
16.42
 
 
VU-324
-63/13.5
 
38.80
51.00
12.20
20.21
16.76
 
     
incl
38.80
39.30
0.50
35.90
38.80
 
     
incl
49.50
51.00
1.50
140.50
64.30
 
 
Exploration Drilling from Drill Bay Section 426652 (52 Azimuth)
 
VU-327
20/52
 
5.77
6.27
0.50
364.00
241.00
 
       
41.50
68.50
27.00
9.39
5.50
 
     
incl
67.00
68.50
1.50
137.50
41.80
 
 
VU-331
11/52
 
34.50
40.90
6.40
3.63
36.48
 
       
55.48
55.98
0.50
48.30
31.10
 
       
103.53
128.80
25.27
9.09
28.04
 
     
incl
126.90
127.40
0.50
409.00
732.00
 
 
VU-335
0/52
 
28.35
36.00
7.65
16.12
13.37
 
     
incl
32.25
32.75
0.50
199.50
94.20
 
 
VU-338
-13/52
 
42.00
72.50
30.50
17.81
35.99
1 Au sample cut
     
or
42.00
72.50
30.50
64.04
35.99
Uncut
     
incl
42.75
43.25
0.50
71.60
43.30
 
     
incl
59.50
61.00
1.50
160.50
177.00
 
     
incl
66.07
66.57
0.50
3,250
1,135
Uncut
 
VU-341
-24/52
 
2.50
3.00
0.50
83.80
19.50
 
       
24.00
36.00
12.00
3.90
4.99
 
 
VU-344
-40/52
 
2.95
3.45
0.50
17.35
15.70
 
       
30.00
75.25
45.25
13.87
27.74
2 Au samples cut
     
or
30.00
75.25
45.25
49.48
27.74
Uncut
     
incl
30.00
31.50
1.50
43.60
47.50
 
 
 
 
5

 
 
 
     
incl
36.95
37.55
0.60
48.40
8.70
 
     
incl
45.26
45.76
0.50
803.00
408.00
Uncut
     
incl
55.06
55.56
0.50
57.70
29.20
 
     
incl
57.70
58.20
0.50
3,280
1,485
Uncut
     
incl
74.75
75.25
0.50
67.70
15.70
 
 
VU-346
-53/52
 
30.00
56.00
26.00
13.41
208.16
1 Au sample cut
     
or
30.00
56.00
26.00
333.99
208.16
Uncut
     
incl
31.40
31.90
0.50
79.00
278.00
 
     
incl
41.60
42.10
0.50
96.10
47.40
 
     
incl
54.13
54.63
0.50
17,100
10,000
Uncut
       
82.50
90.50
8.00
25.45
33.65
 
     
incl
85.10
85.68
0.58
71.10
52.40
 
     
incl
85.68
86.18
0.50
310.00
150.00
 
 
VU-348(4)
-74/52
 
46.47
77.00
30.53
8.50
10.36
1 Au sample cut
     
or
46.47
77.00
30.53
13.99
10.36
Uncut
     
incl
46.47
46.97
0.50
765.00
342.00
Uncut
       
112.50
125.60
13.10
2.11
33.41
 
 
VU-350
50/52
 
13.50
21.50
8.00
19.47
10.17
 
     
incl
19.42
19.92
0.50
284.00
112.00
 
 
VU-351
-63/52
 
3.00
4.50
1.50
65.40
41.50
 
       
64.00
65.50
1.50
34.30
11.50
 
       
83.55
101.40
17.85
3.77
32.87
 
     
incl
83.55
84.05
0.50
71.70
32.10
 
 
(1)
True thickness to be determined.
 
(2)
Unless otherwise indicated as uncut, all gold assays over 430 g/t were cut to 430 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 multi-digestion with ICP finish and fire assay with AA finish for gold. Samples over 100 ppm 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, B.C.
 
(4)
Hole ended in mineralization.
 
 
Kenneth C. McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, Pretium Resources Inc. is the Qualified Person (QP) responsible for the Brucejack Project exploration program.
 
5.2 Disclosure for Restructuring Transactions
 
Not applicable.
   
Item 6
Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
 
Not applicable.
 
Item 7
Omitted Information
 
Not applicable.
 
Item 8
Executive Officer
 
Joseph Ovsenek, Chief Development Officer & Vice President
Phone:  604-558-1784
 
Item 9
Date of Report
 
Dated at Vancouver, BC, this 24th day of October, 2013
 
 
 
6

 
 
Schedule “A”
 
 
A-1

 
 
 
A-2

 
 
 
A-3

 
 
 
A-4