Business
SSR Mining Provides Exploration Update
VANCOUVER, May 14, 2020 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) ("SSR Mining") provides an update on exploration activities and results at
About this update from Ssr Mining Inc.
[{"type":"text","content":"VANCOUVER, May 14, 2020 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (\"SSR Mining\") provides an update on exploration activities and results at our Marigold mine in Nevada, U.S., Seabee Gold Operation in Saskatchewan, Canada and Puna Operations in Jujuy, Argentina for the period from June 1, 2019 to April 30, 2020 (the \"Exploration Period\").\nPaul Benson, President and CEO said, \"We are very pleased to report positive exploration results from our recent drill programs at Marigold and the Seabee Gold Operation. For 2020, we are planning significant investment in our exploration and the results reported here justify the investment.\nThe exploration drilling on the recently acquired Trenton Canyon property at Marigold has yielded exciting high-grade gold results from newly discovered sulphide mineralization in a geologic setting analogous to other high-grade underground gold mines in Nevada. These intercepts are just north of one of the historic pits at Trenton Canyon, and we are evaluating the impact they may have on Mineral Resources. Our work to confirm and validate Trenton Canyon's historic drill results has progressed according to plan, and we look forward to reporting Mineral Resources when reported at year-end 2020.\nWe continue to enjoy exploration success at Seabee with positive drill results from Santoy Gap Hanging Wall area where we are upgrading and expanding the Mineral Resources to extend Santoy's mine life. Finally, we also had encouraging exploration results on early stage targets with several holes returning high-grade gold results at Batman Lake and on the Fisher property.\" \nHighlights:\nAt Marigold our Trenton Canyon exploration drilling has returned better than expected results from four holes completed 300 meters north of the South Pit in a newly discovered sulphide zone hosted by carbonaceous mudstone located immediately beneath Valmy Formation quartzite. We are evaluating the significance and impact of these sulphide intercepts which are listed below on Mineral Resources.\nMRA7178 returned 5.19 g/t gold over 94.5 meters including 44.68 g/t gold over 7.6 meters and 6.68 g/t gold over 6.1 meters. MRA7176 returned 1.98 g/t gold over 82.3 meters including 6.11 g/t gold over 13.7 meters.MRA7148 returned 0.97 g/t gold over 99.1 meters including 4.34 g/t gold over 9.1 meters.MRA7097 returned 1.57...