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SSR Mining Reports Mineral Reserves and Resources For Year-End 2020
Measured and Indicated Gold Mineral Resources Increased 14% Year-Over-Year DENVER, March 30, 2021 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM)
About this update from Ssr Mining Inc.
[{"type":"text","content":"Measured and Indicated Gold Mineral Resources Increased 14% Year-Over-Year \n DENVER, March 30, 2021 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) (\"SSR Mining\") today reported its updated Mineral Reserves and Mineral Resources as of December 31, 2020. For a detailed summary by asset, please refer to the summary and tables below. \nHighlights: \nTrack Record of Mineral Reserves Replacement: Gold Mineral Reserves increased 5% to 8.0 million ounces (9.0 million gold-equivalent ounces) as compared to year-end 2019 combined results for SSR Mining and Alacer Gold pre-merger, driven primarily by additions at Çöpler.Measured and Indicated Gold Mineral Resources Increased 14%: Gold Measured and Indicated Mineral Resources of 15.0 million ounces (27.0 million gold-equivalent ounces) resulting from increases at Marigold and in the Çöpler District. Çöpler District Mineral Reserves and Resources Growth: Mineral Reserves increased 17% to 3.8 million ounces of gold and Measured and Indicated Mineral Resources increased 20% to 7.2 million ounces of gold. Inclusion of results from the large drilling program at Ardich in the Çöpler District resulted in additions as outlined in the November 2020 Çöpler District Master Plan Studies (\"CDMP20\"). Marigold Increases Mineral Resources: Indicated Mineral Resources increased by 9% for a total of 5.4 million ounces of gold compared to 4.9 million ounces at year-end 2019. Mineral Resources increased at Mackay, Red Dot, New Millennium, Crossfire and Valmy.Seabee Mineral Reserves Replace Depletion: Despite a limited exploration program due to COVID-19, Seabee largely replaced Mineral Reserves for the year. The Gap HW Mineral Resources remain a key focus area for conversion to Mineral Reserves in 2021. Mineral Reserves and Mineral Resources \nAt year-end 2020, total estimated gold and silver Mineral Reserves were 8.0 million ounces and 52.4 million ounces compared to 7.7 million ounces and 57.5 million ounces, respectively, at year-end 2019 (combined SSR Mining and Alacer Gold results pre-merger).\nAt year-end 2020, total estimated gold and silver Measured and Indicated Mineral Resources were 15.0 million ounces and 658.5 million ounces compared to 13.2 million ounces and 664.2 million ounces, respectively, at year-end 2019 (combined SSR Mining and Alacer Gold results pre-merger).\n...