Slide 1: Q1 2019 Conference Call
Q1 2019 CONFERENCE CALL May 10, 2019
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: Strong Start to 2019
Strong Start to 2019 ▪ Produced 112,513 gold equivalent ounces at cash costs of $712/oz ▪ Delivered strong safety performance ▪ Record quarterly gold production at Seabee ▪ Solid operating performance at Marigold ▪ Doubled silver production at Puna Operations ▪ Completed $230 million convertible not
Slide 4: Marigold Mine: Q1 2019 Results
Marigold Mine: Q1 2019 Results ▪ Produced 53,151 oz of gold ▪ Reported cash costs of $812/oz ▪ Commissioned new leach pad Note: Cash costs is a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this presentation. SSRM:NASDAQ/TSX PAGE 4
Slide 5: Seabee Gold Operation: Q1 2019 Results
Seabee Gold Operation: Q1 2019 Results ▪ Delivered record quarterly production of 31,183 oz of gold ▪ Reported cash costs of $467/oz ▪ UG loaders and haul trucks delivered as planned for added mining capacity and flexibility ▪ On track to achieve mill throughput of 1,050 tpd ▪ Exploration success si
Slide 6: Puna Operations: Q1 2019 Results
Puna Operations: Q1 2019 Results ▪ Doubled quarterly silver production to 2.4M oz ▪ Reported cash costs of $9.94/oz, 34% lower than the previous quarter ▪ Chinchillas mine ramp up substantially completed ▪ Focus on steady state operations Note: Cash costs is a non-GAAP financial measure. Please see
Slide 7: Focus on Mineral Resource Growth in 2019
Focus on Mineral Resource Growth in 2019 ▪ Pursuing Resource growth at Marigold ▪ 23,000 meters completed in Q1 ▪ Conversion and extension of Inferred Mineral Resources at Seabee ▪ 29,000 meters completed in Q1 ▪ Targeting a new discovery at Fisher project ▪ 7,600 meters drilled in Q1 ▪ Testing Pirq
Slide 8: Selected Financial Results
Selected Financial Results Units Q1 2019 Q4 2018 Gold Sales oz 83,516 72,261 Silver Sales Moz 0.9 0.9 Total Gold Equivalent Sales oz 93,452 82,439 Gold Equivalent Production oz 112,513 88,718 Revenue $M $126.3 $103.7 Income from Mine Operations $M $30.2 $16.5 Net Income (Loss) $M $5.7 $(2.5) Attribu
Slide 9: Convertible Note Refinancing Provides Financial Flexibility
Convertible Note Refinancing Provides Financial Flexibility Lower coupon, lower leverage ratios and strong cash balance $230 $(150) $600 $(38) $461 $419 Cash Balance ($M) $400 $200 $0 2018 YE Cash 2019 Convertible Notes 2013 Convertible Notes Q1 2019 Uses of Cash Q1 2019 Cash Offering Redemption 201
Slide 10: Track Record of Creating Value and Growth
Track Record of Creating Value and Growth ▪ Delivered strong operating performance ▪ On track to meet annual operating guidance ▪ Maintained balance sheet strength for financial flexibility SSRM:NASDAQ/TSX PAGE 10
Slide 11: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com Toll-free: +1 888.338.0046 Telephone: +1 604.689.3846 Email: invest@ssrmining.com