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SSR Mining Announces Positive Exploration Results at Marigold
Oxide Intercepts Include 2.97 g/t Au Over 71.6 Meters and 10.47 g/t Over 16.8 Meters DENVER, Dec. 8, 2021 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX:
About this update from Ssr Mining Inc.
[{"type":"text","content":"Oxide Intercepts Include 2.97 g/t Au Over 71.6 Meters and 10.47 g/t Over 16.8 Meters\n DENVER, Dec. 8, 2021 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) (\"SSR Mining\" or the \"Company\") is pleased to announce results from 288 drillholes (275 reverse circulation and 13 core drillholes) completed at the Marigold mine in Nevada, USA. The Company's strategy to advance brownfields targets proximal to existing infrastructure has yielded exceptional results in Nevada, as evidenced by the extensive track record of mineral inventory growth throughout Marigold's 32 years of consecutive production. The Marigold mine currently has a mine life in excess of 10 years, and these results support the extension and enhancement of future life of mine plans.\nResource development drilling at Marigold is focused in the New Millennium area around the Basalt-Antler pit that historically produced approximately 1 million ounces at a grade of 0.75 g/t. The New Millennium concept, unlocked by recent land acquisitions, targets low-cost resource and reserve additions proximal to the Marigold plan of operations with the potential to complement the existing life of mine plan. New oxide intercepts in New Millennium include:\nMRA7324: 10.47 g/t Au over 16.8 meters, including 18.72 g/t Au over 9.1 meters MRA7249: 7.88 g/t Au over 10.7 meters MRA7286: 1.51 g/t Au over 22.9 meters, including 2.17 g/t Au over 13.7 meters MRA7285: 0.96 g/t Au over 29.0 meters, including 1.45 g/t Au over 9.1 meters DDH7408: 1.49 g/t Au over 29.0 meters, including 2.78 g/t Au over 10.7 metersIn addition to drilling at New Millennium, SSR Mining continues to explore for supplemental oxide ore sources across the broader Marigold land package. At the Trenton Canyon project located ~4 km south of New Millennium (Figure 1), drilling has delivered exciting high-grade intercepts of predominantly oxide mineralization. Exploration at Trenton Canyon aims to define oxide material that leverages existing infrastructure at Marigold to provide an avenue for production growth in the future. Oxide intercepts from Trenton Canyon include: \nMRA7266: 2.97 g/t Au over 71.6 meters MRA7264: 6.53 g/t Au over 12.2 meters including 12.49 g/t Au over 6.1 meters MRA7316: 7.49 g/t Au over 10.7 metersRod Antal, President and CEO said, \"These exploration results highlight the potential t...