Ssr Mining Inc. · NASDAQ:SSRM
Ssr Mining — Silver Standard Resources — Q1 2017 Earnings Presentation
13 slides from Ssr Mining's earnings presentation, May 4, 2017
Slide 1: Q1 2017 Conference Call
Q1 2017 CONFERENCE CALL May 4, 2017
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “f
Slide 3: Delivered Scale and Margin
Delivered Scale and Margin Strong operating performance with 97,851 oz AuEq production Consistent financial performance continued to generate free cash flow Pirquitas operating life extension with exercise of Chinchillas option Exploration success and increased exposure to greenfields projec
Slide 4: Marigold Mine: Q1 2017 Results
Marigold Mine: Q1 2017 Results Produced 55,215 oz of gold Reported cash costs of $585/oz gold Material movement impacted by weather and planned maintenance Notes: Cash costs is a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this presentation. SSRI:NAS
Slide 5: Seabee Gold Operation: Q1 2017 Results
Seabee Gold Operation: Q1 2017 Results Produced 21,023 oz of gold Reported lower cash costs of $574/oz Evaluating sustainable, higher LOM throughput rates Notes: Cash costs is a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this presentation. SSRI:NASD
Slide 6: Pirquitas Mine: Q1 2017 Results
Pirquitas Mine: Q1 2017 Results Produced 1.5M oz of silver Reported cash costs of $12.68/oz silver Open pit closure in January and stockpile processing throughout 2017 Pirquitas operating life extension with Chinchillas deposit Notes: Cash costs are a non-GAAP financial measure. Please see "
Slide 7: Exploration Success in Q1 2017
Exploration Success in Q1 2017 Marigold: Positive drill results at all four targets with +10,000 meters drilled Seabee: Drill programs demonstrate Resource and Reserve growth potential Option agreement on the SIB project provides greenfields opportunity Notes: Please refer to “Cautionary Notes
Slide 8: Continued Exploration Success at Santoy
Continued Exploration Success at Santoy Santoy Gap (9A, 9B, 9C) Santoy 8A Gap HW 9.9m at 8.2g/t (JOY-16-749) 2.1m at 51.2g/t (SUG-16-090) 3.0m at 21.9g/t 2.1m at 53.5g/t (SUG-17-902) 5.8m at 21.0g/t (SUG-17-001) (SUG-16-083) 9.5m at 9.1g/t (JOY-16-751) Q4 2016 and Q1 2017 1.6m at 20.8g/t Santoy Gap
Slide 9: SIB Project: High-grade Gold–Silver–Base Metal Target in a Prolific District
SIB Project High-grade, Gold – Silver – Base Metal Target in a Prolific District SIB Project Eskay Creek Mine Lulu Target SIB Project 0 meters 2000 N Notes: See news release dated April 26, 2017 for additional information on the SIB project. See also “Cautionary Notes” in this presentation. SSRI:NAS
Slide 10: Selected Financial Results
Selected Financial Results Units Q1 2017 Q4 2016 Q1 2016 Gold Sales oz 74,939 78,537 48,605 Silver Sales Moz 1.4 2.6 3.2 Gold Equivalent Sales oz 95,460 114,844 89,103 Gold Equivalent Production oz 97,851 110,130 83,680 Revenue $M $117.9 $127.3 $101.5 Income from Mine Operations $M $40.1 $27.5 $23.3
Slide 11: Financial Strength and Cash Growth
Financial Strength and Cash Growth Units Q1 2017 Q4 2016 Cash $M $341 $327 Marketable Securities $M $191 $149 Total Assets $M $1,484 $1,439 Current Liabilities $M $81 $144 Working Capital $M $688 $560 SSRI:NASDAQ │SSO:TSX 11
Slide 12: Creating Value and Growth
Creating Value and Growth Delivered strong operating results Generated free cash flow for six consecutive quarters Exercise of Chinchillas option to extend Pirquitas operating life Strong balance sheet for internal and external growth in 2017 AGM to be held today at 2pm PT in Vancouver SSR
Slide 13: Silver Standard Resources Inc. contact details
Silver Standard Resources Inc. Website: www.silverstandard.com Email: invest@silverstandard.com Toll-free: 1.888.338.0046 Telephone: 1.604.689.3846
Silver Standard Resources — Q1 2017 Earnings Presentation on 6ix