Ssr Mining Inc. · NASDAQ:SSRM

Ssr Mining — Q3 2017 Earnings Presentation

15 slides from Ssr Mining's earnings presentation, Nov 8, 2017

1. Slide 1: Q3 2017 Conference Call

   Q3 2017 CONFERENCE CALL November 8, 2017

2. Slide 2: Cautionary Notes

   Cautionary Notes SSRM:NASDAQ/TSX PAGE 2

3. Slide 3: Delivering Scale and Margin

   Delivering Scale and Margin  Strong operating fundamentals at all operations  Expect to meet previously improved corporate annual guidance  Delivered Seabee PEA estimating higher production at lower costs  Puna Operations already exceeded lower end of production guidance  Increased cash to $424

4. Slide 4: Marigold Mine: Q3 2017 Results

   Marigold Mine: Q3 2017 Results  Produced 38,699 oz of gold  Reported gold cash costs of $684/oz  Record quarterly material moved  Lowered production guidance to 195,000 oz to 205,000 oz  On track to meet cash costs guidance Note: Cash costs is a non-GAAP financial measure. Please see "Cautionar

5. Slide 5: Seabee Gold Operation: Q3 2017 Results

   Seabee Gold Operation: Q3 2017 Results  Produced 18,058 oz of gold  Reported gold cash costs of $634/oz  Delivered Seabee PEA estimating 100,000 oz average annual gold production, 29% higher than 2016 production  On track to achieve upper half production guidance range  On track to meet cash co

6. Slide 6: Puna Operations: Q3 2017 Results

   Puna Operations: Q3 2017 Results  Produced 5.0M oz of silver YTD, already exceeding lower end of guidance  Produced 1.5M oz of silver in Q3  Reported silver cash costs of $12.76/oz  Achieved higher than expected mill feed grades and higher sustained milling rate  Expected to achieve higher end

7. Slide 7: Exploration Success in Q3 2017

   Exploration Success in Q3 2017  Underground drilling at Santoy expected to contribute to Mineral Resources growth and conversion  Fisher project field work identified two new gold occurrences for follow up; drilling expected in Q1 2018  Drilling at Marigold is expected to replace Mineral Reserves

8. Slide 8: Q3 2017 Santoy Exploration Results

   Q3 2017 Santoy Exploration Results Santoy Gap (9A, 9B, 9C) Santoy 8A 0m Elev 1.2m at 21.7g/t 5.8m at 6.4g/t (SUG-17-046) (SUG-17-042) 1.3m at 14.4g/t (SUG-17-047) 2.5m at 17.3g/t 6.8m at 3.9g/t (JOY-17-770) (JOY-17-771) 5.8m at 5.7g/t -400m Elev 3.4m at 4.2g/t 2.1m at 10.8g/t (FW) (JOY-17-769) 5.5m

9. Slide 9: Mackay Pit Q3 2017 Drill Results

   Mackay Pit Q3 2017 Drill Results W E YE 2016 YE 2016 YE 2016 August 2017 Original Surface Resource Pit Gold grade model Reserve Pit Pit Surface Gold Grade (g/t) < 0.06 0.06 – 0.6 0.6 – 1.0 > 1.0 MR6517 MRA6526 47.2 m at 0.79 g/t 15.2 m at 1.55 g/t Incl. 7.6 m at 3.26 g/t Incl. 10.7 m at 2.07 g/t 150

10. Slide 10: North Red Dot Q3 2017 Drill Results

    North Red Dot Q3 2017 Drill Results W E YE 2016 August 2017 YE 2016 Original Surface YE 2016 Gold grade model Pit Surface Reserve Pit Resource Pit Gold Grade (g/t) < 0.06 0.06 – 0.6 0.6 – 1.0 > 1.0 MRA6512 50.3 m at 0.95 g/t Incl. 7.6 m at 3.63 g/t Incl. 3.0 m at 1.17g/t 150 meters Notes: See news r

11. Slide 11: SIB Project Exploration Program

    SIB Project Exploration Program Drillhole EK-145: at 624 m. Rhyolite flow brecciated by sulphide veins. Pyrite +/-As, Sb, Hg, Pb, Mo from XRF Analysis. Drillhole EK-149 at 391 m. Polymetallic veining in rhyolite flow. Notes: See Eskay Mining Assessment Report 2010 and our news release dated Septembe

12. Slide 12: Selected Financial Results

    Selected Financial Results Units Q3 2017 Q2 2017 Q3 2016 Gold Sales oz 60,616 75,335 69,189 Total Silver Sales Moz 2.1 1.7 2.9 Total Gold Equivalent Sales oz 88,029 98,018 112,674 Gold Equivalent Production oz 77,105 102,930 112,559 Revenue $M $106.0 $117.0 $143.4 Income from Mine Operations $M $22.

13. Slide 13: Financial Strength and Cash Growth

    Financial Strength and Cash Growth Units Q3 2017 Q2 2017 Cash $M $424 $354 Marketable Securities $M $110 $175 Total Assets $M $1,499 $1,515 Current Liabilities $M $73 $78 Working Capital $M $684 $678 SSRM:NASDAQ/TSX PAGE 13

14. Slide 14: Creating Value and Growth

    Creating Value and Growth  Delivered solid performance across our operating platform  Announced Seabee PEA expansion to 1,050 tpd by 2019  PEA evaluates 7-year gold production plan to 100,000 oz/yr at $548/oz cash costs  Increased cash balance to $424M, a $70M Q-on-Q increase  Well positioned t

15. Slide 15: SSR Mining Inc.

    SSR Mining Inc. www.ssrmining.com Toll-free: +1 888.338.0046 Telephone: +1 604.689.3846 Email: invest@ssrmining.com

SSR Mining — Q3 2017 Earnings Presentation on 6ix