Ssr Mining Inc. · NASDAQ:SSRM
Ssr Mining — CIBC Western Institutional Investor Conference 2022
24 slides from Ssr Mining's conference presentation, January 2022
Slide 1: CIBC Western Institutional Investor Conference
A FREE CASH FLOW FOCUSED GOLD PRODUCER CIBC Western Institutional Investor Conference January 2022
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements Except for statements of historical fact relating to the Company, certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively
Slide 3: Diversified Portfolio of High Quality, Long-Life Assets
Diversified Portfolio of High Quality, Long-Life Assets Stable Operating Platform of 700 – 800 koz AuEq Annually (1) High Quality Stable production platform of 700 – 800 koz AuEq Operations Diversified 9+ Moz AuEq Mineral Reserves (2) Projects Portfolio 20+ year cornerstone asset life (3) Seab
Slide 4: 2022: A Catalyst-Rich Year Ahead
2022: A Catalyst-Rich Year Ahead Building on Operating Milestones and Corporate Strategy from 2021 2021 Achievements 2022 Priorities Sustainability Report highlighting progress of ESG priorities Improvements in health & safety across the portfolio Issue inaugural 3-year guidance illustrating p
Slide 5: ESG: A Core Value
ESG: A Core Value Continuous Improvement in ESG Practices ISS Ranks SSR Mining in the Top Quartile of the Mid-Cap Peer Group on ESG Metrics 25 Top Quartile Total ISS ESG Rating 20 15 10 5 0 Peer 1 Peer 2 SSRM Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 MSCI Upgrades SSR
Slide 6: ESG Strategic Priorities: Developing a Sustainable Legacy
ESG Strategic Priorities: Developing a Sustainable Legacy (9) Focused Initiatives As Part Of SSR Mining’s Sustainability Vision Successful culture focused on discipline, integrity, and local partnerships Sustainability policies aligned with leading industry practices Continue implementation of an
Slide 7: Building on Proven History of Project Delivery and M&A
Building on Proven History of Project Delivery and M&A Non-Core Asset Sales in Excess of US$235M Over the Past 7 Months Delivering Projects On Time & Building Value Through Disciplined M&A (11) Budget (10) POX Plant (Çöpler) SSRM / Alacer Merger Non-Core Asset Sales -10% Exploration 1.4x 2.3x $744M
Slide 8: Free Cash Flow Leadership Translating into Capital Returns
Free Cash Flow Leadership Translating into Capital Returns (5) Peer Leader in Capital Returns Since Merger Completion 2021E Capital Returns Vs Mid-cap Peer Group (14) * $M | Consensus Capital Returns (100% basis) $191** $181 $126 $90 $46 $33 $32 $0 $0 $0 $0 SSRM Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Pe
Slide 9: Track Record of Delivery
Track Record of Delivery Three-year Guidance Expected in Q1/22 Continuing To Deliver Against Production Growth (1,6) Production Guidance (6,7) MOE with Alacer COVID-19 Suspensions Commercial Production at Çöpler Sulfide Plant 800 750 Acquired Built Çöpler 720 Acquired Seabee Sulfide Plant / Marigold
Slide 10: Focus On Near-mine Upside
Focus On Near-mine Upside Showcasing Longer-term Future Across Portfolio Çöpler Marigold Seabee Building NAV and extending mine Continued advancement of Progressing towards mine life life in updated Çöpler District exploration and growth initiatives extension at Seabee Master Plan (CDMP22) Tec
Slide 11: Robust Exploration and Growth Pipeline
Robust Exploration and Growth Pipeline Exploration Budget Will Be Increased in 2022 Near Mine Targets To Sustain And Grow From 700 – 800 koz AuEq For At Least 10+ Years Çöpler District (+325 koz Au 12) Marigold (+250 koz Au 12) Seabee (+100 koz Au 12) Puna (+6.5 Moz Ag 12) Ardich/Çakmaktepe Mackay S
Slide 12: Appendix
Appendix
Slide 13: Executive Team and Board of Directors
Executive Team and Board of Directors Depth of Experience and Track Record of Delivery Executive Team Rodney Antal Alison White Stewart Beckman F. Edward Farid Michael Sparks President, Chief EVP, Chief EVP, Chief EVP, Chief Corporate EVP, Chief Legal & Executive Officer Financial Officer Operating
Slide 14: SSR Mining Transitioning to U.S. GAAP Reporting
SSR Mining Transitioning to U.S. GAAP Reporting Conversion to SEC Issuer Should Provide Additional Access to US Investors Timing & Requirements Changes Effective As Of January 1, 2022 SSR Mining will report its full-year 2021 financial results under U.S. GAAP requirements 10-K Annual Report will
Slide 15: Çöpler District Growth Pipeline
Çöpler District Growth Pipeline Focused on Conversion, Additions and Discovery in 2021 1 2 4 3 5 1 Çakmaktepe Extension (Ardich) 3 Çöpler Saddle 5 Mavialtin 2 Çöpler In-Pit 4 C2 Copper-Gold 6 Turkey Regional SSRM:TSX / NASDAQ, SSR:ASX PAGE 15
Slide 16: Çakmaktepe Extension: Targeting Upside to PEA Case
Çakmaktepe Extension: Targeting Upside to PEA Case (3,13) Strong Potential for Conversion and Resource Growth Overview Çakmaktepe Extension 2021 Planned Drilling Çakmaktepe Extension located ~6 km from Çöpler 2020 Mineral Resource and PEA case included 314 holes as of February 2020 Proposed 2021
Slide 17: Copper Hill: Greenfield Discovery
Copper Hill: Greenfield Discovery Near-surface Copper Sulfide Mineralization Overview 2021 Exploration Drilling & Sampling Located in the Black Sea region of northeast Turkey; 70% owned by SSR Mining Drilling started in 2018, with 35 holes (~11,000 m) drilled to-date * Highlight intercepts inc
Slide 18: Marigold Growth Pipeline
Marigold Growth Pipeline Results from 288 Holes Released In Q4/2021 * Valmy N 5 4 1 Marigold Trenton 6 Canyon 2 3 500 meters 1 New Millennium 2 Trenton Canyon 3 Buffalo Valley 4 Valmy 5 Mackay Pit 6 Deep Sulfide SSRM:TSX / NASDAQ, SSR:ASX * Exploration results as of December 8, 2021 press release ti
Slide 19: Marigold: Targeting Additional Oxide Mineralization
Marigold: Targeting Additional Oxide Mineralization New Millennium Target Presents Opportunity For Resource Growth Recent Drilling * At New Millennium Target Recent Exploration Highlights Marigold currently hosts a mine life of +10 years, with current exploration focused on additional oxide ore th
Slide 20: First Mover Advantage In Saskatchewan
First Mover Advantage In Saskatchewan Pipeline of Regional Targets Across Underexplored Province Saskatchewan Platform Crossfire Seabee is the only producing gold mine in Saskatchewan Valmy Proposed acquisition of Taiga Gold Corp. (announced Dec, 2, 2021) significantly expands SSR Mining’s regio
Slide 21: Seabee Growth Pipeline
Seabee Growth Pipeline Testing +30km of Shear Zone Strike Length N Santoy Mine Complex 1 Santoy 8/9 Infill 23,300 hectare land Santoy Gap HW package at Seabee 2 Santoy HW 3 Joker Seabee mill, 4 airstrip & camp 1 2 4 Shane 3 6 5 Mac North Fisher exploration 5 camp 6 Yin Legend All weather road 37,700
Slide 22: Exploration Program Yielding Positive Results
Exploration Program Yielding Positive Results Gap Hanging Wall Reserves Expected in 2022 Overview Highlight Intercepts * At Seabee’s Joker Target 2021 drilling focused on brownfields development targets across Seabee and Fisher properties Gap Hanging Wall (GHW) hosts potential as Seabee’s next e
Slide 23: Endnotes
Endnotes 1. Please see our news release dated January 19, 2021, and subsequent guidance update in the press release dated November 3, 2021. Gold equivalent production and AISC are based on a 76:1 gold to silver ratio. AISC is a non-GAAP financial measure. See "Cautionary Note Regarding Non-GAAP Meas
Slide 24: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com F. Edward Farid, Executive Vice President, Chief Corporate Development Officer Alex Hunchak, Director, Corporate Development and Investor Relations Email: invest@ssrmining.com
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