Ssr Mining Inc. · NASDAQ:SSRM
Ssr Mining — Silver Standard Resources — Shareholder Meeting (May 2010)
25 slides from Ssr Mining's shareholder meeting presentation, May 11, 2010
Slide 1: Annual General Meeting
A Annual l General G l Meeting M ti May 11, 2010
Slide 2: Forward-Looking Statements
Forward‐Looking Statements This presentation includes certain “forward‐looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward‐looking information within the meaning of Canadian securities laws (collectively, "forward‐looking statement
Slide 3: Cautionary Note to U.S. Investors
Cautionary Note to U.S. Investors National Instrument 43‐101 Standards of Disclosure for Mineral Projects (“NI 43‐101”) is a rule developed by the Canadian Securities Administrators that establishes standards for all p public disclosure an issuer makes of scientific and technical information concern
Slide 4: Executive Management
Executive Management Mike Anglin, President, CEO and Director Mr. Anglin has a mining career of more than 20 years acting in senior management roles with BHP Billiton, including Vice President Operations & Chief Operating Officer, Base Metals Group, in Santiago, Chile. His extensive international ex
Slide 5: The Silver Standard Team
The Silver Standard Team • Operating safely • Respecting our communities • Developing quality teams for all aspects off our b business i • Focusing on growth through project delivery • Building on our exploration success • Delivering value for our shareholders 5 NDAQ:SSRI/TSX:SSO
Slide 6: Safety and Sustainability
Safety and Sustainability Strategic safety leadership • Board’s Safety and Sustainability Committee oversees our processes and activities Awareness of our risks Focus on our people • Emphasis is on fostering a culture of Emphasis on balance responsibility throughout the organization • Record of safe
Slide 7: Silver Producer Focused On the Americas
Silver Producer Focused On the Americas Strong growth pipeline … Snowfield (100%) Canada Gold‐copper‐silver Brucejack (100%) Gold‐silver Pitarrilla (100%) Mexico Silver‐lead‐zinc San Agustin (100%) Gold‐silver San Luis (70%) Legend Peru Gold‐silver Berenguela (100%) Production Silver‐copper Growth C
Slide 8: Large Silver and Gold Asset Base
Large Silver and Gold Asset Base (8) (at December 31, 31 2009) Australia Chile 5% 2% Total Silver Reserves & Resources ((mil oz.)) Peru 5% Proven & Probable 286.8 US Reserves 15% Mexico Measured & Indicated 1 128 2 1,128.2 43% Canada Resources 13% Inferred Resources 532.2 Argentina A ti 17% T lG Tot
Slide 9: Accretive Growth in Silver
Accretive Growth in Silver (1) Silver Reserves and Resources Per Share Silver Reserves and Resources (‘000 oz Silver) (oz per share) 2,000 28 24 1,500 20 16 1,000 12 500 8 4 0 0 2005 2006 2007 2008 2009 2005 2006 2007 2008 2009 Inferred Measured & Indicated Proven & Probable Inferred per share M&I p
Slide 10: Accretive Growth in Gold
Accretive Growth in Gold (1) Gold Resources Per Share Gold Resources (million oz Gold) (oz per share) 50 0.60 40 0.40 30 20 0.20 10 0 0.00 2005 2006 2007 2008 2009 2005 2006 2007 2008 2009 Inferred Measured & Indicated Inferred per Share Measured & Indicated per Share 10 NDAQ:SSRI/TSX:SSO
Slide 11: Production: The Pirquitas Mine
Production: The Pirquitas Mine BOLIVIA Pacificc Ocean Jujuy Pirquitas i i Mine i Abra Pampa San Pedro de Atacama S l Salta Susques Humahuaca Antofagasta CHILE San Antonio San Salvador de los Cobres de Jujuy Diablillos Project Salta ARGENTINA 0 100 200 Mine Highway ‐ Road Concentrate route km 11 NDAQ
Slide 12: Pirquitas … By the Numbers
Pirquitas … By the Numbers (2) • Proven and Probable Reserve: 195 1 million 195.1 illi ounces silver il • Mining Rate: 6,000 tpd • Processing Rate: 4,000 4 000 tpd • LOM average silver recovery 78% • LOM average g metal p production: • Silver: 8 to 10 million ounces • Tin: 4.4 million pounds • O Ope
Slide 13: Open Pit and Process Facility
Open Pit and Process Facility Open Pit Looking North Ball Mill Concentrator Powerhouse Warehouse 13 NDAQ:SSRI/TSX:SSO
Slide 14: Pirquitas … Up and running
Pirquitas … Up and running • Mine and processing plant operating at capacity • Processed sulphide in transition ore in Q1 and produced 609,258 ounces of silver • Optimization has improved recoveries: April production 535,400 535 400 ounces of silver • Expected to process sulphide ore at full capacit
Slide 15: Growth: San Luis JV Project, Peru
Growth: San Luis JV Project, Peru Roads Veins Pierina Exploration Exploration Mine Potential Potential Roads Base Metal Base Metal Mineralization Mineralization Veins Roads • High‐grade High grade gold and silver project (Ayelén vein) • Large, prospective land package near Barrick’s world‐ class Pie
Slide 16: San Luis Project - Reserves
San Luis Project ‐ Reserves Cross Section 4550m 4450m 4350m 4250m S N Drill Hole Pierce Point Proposed Underground Development 0 50 100 Surface Trench Location > 5 g/t Gold + 200 g/t Silver metres San Luis Project Mineral Reserve Summary* Tonnes Silver (g/t) Gold (g/t) Contained Contained Silver Gol
Slide 17: Feasibility Study Financial Summary
Feasibility Study Financial Summary* Development l and d Operating i Statistics i i Fi Financial i lAAnalysis l i Summary S (Capital amounts in US dollar millions, throughput in tonnes per day, (Prices in US dollars per ounce, Net Present Value in US dollar millions) operating costs in US dollars an
Slide 18: Growth: Pitarrilla Project, Mexico
Growth: Pitarrilla Project, Mexico (4) Pitarrilla Reserves & Resources Summary June 2009 Tonnes Silver Lead* Zinc* Contained (mil) (g/t) (%) (%) Silver (mil oz.) N Probable 16.7 16 7 171.0 171 0 1.12 1 12 2.57 2 57 91.7 91 7 Measured 41.8 102.5 0.55 1.07 137.8 Indicated 176.9 72.8 0.36 0.83 413.8 Sa
Slide 19: Exploration Expertise Delivers Value
Exploration Expertise Delivers Value • Diverse exploration portfolio • Projects j are silver dominant,, but include ggold,, copper, pp , zinc,, molybdenum and lead • Projects are Americas‐focused • Successful exploration team • Objective: amass large land packages in prospective regions or existing
Slide 20: Snowfield and Brucejack Projects, B.C.
Snowfield and Brucejack Projects, B.C. (6) Mitchell Zone Snowfield Zone Seabridge Gold Snowfield Project (SSRI – 100%) Brucejack Project (SSRI – 100%) SG Zone West Zone Galena Hill Mammoth Zone Electrum Zone Bridge Zone 0 1,000 2,000 metres 20 NDAQ:SSRI/TSX:SSO
Slide 21: Exploration: Snowfield Project
Exploration: Snowfield Project (6) 1700 RL SF‐46 1500 RL MZ‐30 1300 RL MZ‐16 1100 RL 900 RL Drill Hole Mineralized Intersection 700 RL 0 100 200 Gold mineralization Volcanics S metres N Gold‐copper mineralization S Snowfield fi ld R Resource SSummary – December D b 2009 (Based on a cut‐off grade of
Slide 22: Exploration: Brucejack Project
Exploration: Brucejack Project (6) S Snowfield fi ld P Project j t (6 km north) SG Zone Seabridge Gold KSM Project SU‐ 13 Mammoth West Zone 1.21 g/t Gold 57 m Zone SU‐ 12 Galena Hill 16.9 kg/t Gold + 8.7 kg Silver 1.5 m SU‐ 29 Bridge Zone 5.3 kg/t Gold + 3.7 kg Silver 0.5 m SU‐ 19 0.87 g/t Gold 552
Slide 23: Growth Pipeline
Growth Pipeline Grass roots Exploration Growth Production • Snowfield, Canada • San Luis, Peru • Brucejack, Canada • Pitarrilla, Mexico • Pirquitas, Argentina Americas generative • San Agustin, Agustin Mexico • Diablillos, Diablillos Argentina exploration • Berenguela, Peru programs • Challacollo, C
Slide 24: Footnotes
Footnotes 1 1. Based on company shares outstanding as at December 31 31, 2009 2009. Please also refer to footnotes 8 and 9 9. 2. See Technical Report on Mina Pirquitas, Silver, Tin and Zinc Project, Jujuy Province, Argentina dated September 29, 2008, filed on SEDAR and available on the company’s web
Slide 25: NDAQ:SSRI/TSX:SSO
NDAQ:SSRI/TSX:SSO 999 West Hastings Street – Suite 1400 Vancouver, BC V6C 2W2 +1 (604) 689-3846 689 3846 www.silverstandard.com
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