Business
SSR Mining Announces Positive Exploration Results at Puna
Drilling Highlights Include 27 Meters at 836 g/t Ag and 16 Meters at 699 g/t Ag Near-Mine Exploration Success Presents Opportunity to Extend Mineral Reserves
About this update from Ssr Mining Inc.
[{"type":"text","content":"\nDrilling Highlights Include 27 Meters at 836 g/t Ag and 16 Meters at 699 g/t Ag\n\nNear-Mine Exploration Success Presents Opportunity to Extend Mineral Reserves and Mine Life\n\n DENVER--(BUSINESS WIRE)--\nSSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) (\"SSR Mining\" or the “Company\") is pleased to announce results from 48 drill holes completed at the Puna project (“Puna”) for the period of August, 2022 to December, 2022. Puna includes the Pirquitas and Chinchillas properties, both located in the Jujuy Province of northern Argentina (see Figure 1). Chinchillas is an open pit silver-lead-zinc mine and is the current source of the ore processed at the Pirquitas processing plant, located approximately 42 kilometers southwest of the Chinchillas property.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230327005553/en/Figure 1. Location of Puna’s Pirquitas property and Chinchillas property. (Photo: Business Wire)\nThe 2022 exploration program focused on resource expansion, discovery and reconciliation drilling at Chinchillas and was the first exploration drilling completed at the property since 2016. Of the 48 holes reported, 27 targeted extensions of the Chinchillas mineralization to the east, northeast and at depth. Drilling also intersected mineralization at the Melina zone and at Socavon Del Diablo, two separate targets located adjacent to existing Chinchillas infrastructure that host potential to complement the ore currently mined from the main Chinchillas deposit. Additionally, two drill holes were completed at the Cortaderas target on the Pirquitas property.\n\nDrilling highlights from the Chinchillas property include (see Figures 2 and 3) (see Table 1):\n\n\nCHN22-341: 65 meters at 386 g/t Ag (435 g/t AgEq) from 53 meters\n\n\nIncluding: 27 meters at 836 g/t Ag (913 g/t AgEq) from 73 meters\n\n\n\n\nCHN22-374: 63 meters at 219 g/t Ag (451 g/t AgEq) from 90 meters\n\n\nIncluding: 18 meters at 382 g/t Ag (840 g/t AgEq) from 101 meters\n\n\n\n\nCHN22-343: 31 meters at 453 g/t Ag (542 g/t AgEq) from 25 meters\n\n\nCHN22-347: 30 meters at 422 g/t Ag (479 g/t AgEq) from 2 meters\n\n\nIncluding: 16 meters at 699 g/t Ag (797 g/t AgEq) from 9 meters\n\n\n\n\nRod Antal, President and CEO of SSR Mining, said, “Puna has been a tremendous contributor to the SSR Mining portfol...