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SSR Mining Announces Results of the Hod Maden Technical Report Summary With $1.66B NPV5% and 39% IRR
Hod Maden TRS Demonstrates a World-Class Project With an Estimated $1.66B NPV5% and Projected 39% Internal Rate of Return (“IRR”) at Consensus Metals Prices
About this update from Ssr Mining Inc.
[{"type":"text","content":"\n\nHod Maden TRS Demonstrates a World-Class Project With an Estimated $1.66B NPV5% and Projected 39% Internal Rate of Return (“IRR”) at Consensus Metals Prices (1)\n\n\n\nSignificant Project De-Risking Efforts Completed Over Last 18 Months, Detailed Project Engineering Nearing Completion With Most Major Contracts Tendered or in Place\n\n\n\nTotal Remaining Project Development Capital Spend of $910 Million; SSR Mining’s Remaining Attributable Capital and Acquisition Earn-in Spend for Hod Maden Is Expected to Be Approximately $469 Million\n\n\n\nHod Maden Is Expected to Generate Annual Operating Cash Flow of $343 Million and Free Cash Flow of $328 Million at Consensus Metals Prices (1, 2)\n\n\n\n DENVER--(BUSINESS WIRE)--\nSSR Mining Inc. (Nasdaq/TSX: SSRM) (“SSR Mining” or the “Company”) announces the completion of a Technical Report Summary (“TRS”) for the Hod Maden project (“Hod Maden” or the “Project”), located in northeastern Türkiye (the “2025 Hod Maden TRS”).\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260128521929/en/Figure 1: 2025 Hod Maden TRS – Production Summary (4)\nHighlights of the 2025 Hod Maden TRS (all figures on a 100% basis and in U.S. dollars): (1, 2, 3)\n\n\n\nUpdated technical report reaffirms that Hod Maden is projected to be one of the highest returning undeveloped copper-gold projects globally\n\n\nEstimated after-tax NPV5% of $1.66 billion and projected IRR of 39% at consensus gold and copper prices\n\n\nAt recent spot gold and copper prices, Hod Maden’s after-tax NPV5% increases to an estimated $2.91 billion with a projected IRR of 58%\n\n\n\n\n\n\nLife of mine production is projected to total 1.6 million ounces of gold and 209 million pounds of copper at estimated average cost of sales of $1,120 per ounce of payable gold and estimated by-product all-in-sustaining costs (“AISC”) of $590 per ounce of payable gold\n\n\n\nAnnual after-tax operating cash flow and free cash flow are expected to average $343 and $328 million, respectively, at consensus metals prices\n\n\nAt recent spot gold and copper prices, annual after-tax operating cash flow and free cash flow are expected to average $511 and $496 million, respectively\n\n\n\n\n\n\n\n\n\nProject execution meaningfully de-risked through significant engineering work completed since acquisi...