Ssr Mining Inc. · NASDAQ:SSRM

Ssr Mining — Shareholder Meeting (May 2018)

22 slides from Ssr Mining's shareholder meeting presentation, May 10, 2018

  1. Slide 1: 2018 Annual and Special Meeting of Shareholders

    2018 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS MAY 10, 2018

  2. Slide 2: 2018 Annual and Special Meeting of Shareholders is in progress

    2018 Annual and Special Meeting of Shareholders of SSR Mining is in progress

  3. Slide 3: Annual and Special Meeting of Shareholders Resolutions

    Annual and Special Meeting of Shareholders Resolutions  Receive the 2017 year-end audited financial statements and auditor’s report  Set the number of directors at nine  Elect directors  Appoint PwC as the Company’s auditor and approve remuneration  Acceptance of the Company’s approach to execu

  4. Slide 4: 2017 Corporate Review and Outlook

    2017 CORPORATE REVIEW AND OUTLOOK

  5. Slide 5: Cautionary Notes

    Cautionary Notes Cautionary Note Regarding Forward-Looking Statements This pres entation contains for war d-looking i nformation within the meaning of Canadi an sec urities l aws and forward-looking statements within the meaning of the U.S. Pri vate Securities Litigation Refor m Act of 1995 (coll ec

  6. Slide 6: 2017: Continuing to Deliver Shareholder Value

    2017: Continuing to Deliver Shareholder Value  Produced +370,000 gold equivalent ounces at cash costs of $703/oz  Met production and cost guidance for a sixth consecutive year  Delivered Seabee PEA estimating higher production at lower costs  Exploration success at Marigold and Seabee, Reserve a

  7. Slide 7: Selected Financial Results

    Selected Financial Results Units 2017 2016 Gold Sales oz 286,279 254,761 Total Silver Sales Moz 6.0 11.4 Total Gold Equivalent Sales oz 367,950 408,860 Gold Equivalent Production oz 370,486 393,325 Revenue $M $448.8 $491.0 Income from Mine Operations $M $113.3 $154.0 Net Income $M $71.5 $65.0 Basic

  8. Slide 8: SSRM Share Price Performance – 2017 to Present

    SSRM Share Price Performance – 2017 to Present 140 130 120 SSRM 110 Gold GDXJ Silver 100 Peer 90 80 Jan-17 May-17 Sep-17 Jan-18 May-18 SSRM (+15%) Peer Index (-2%) GDXJ (+6%) Gold Spot (+14%) Silver Spot (+3%) Strong Results SSRM Outperformed Peers, GDXJ, and Metal Prices Note: For peer group detail

  9. Slide 9: Strong Operating Platform in Favorable Jurisdictions

    Strong Operating Platform in Favorable Jurisdictions +8 year mine life expected at all three operations Marigold Seabee Puna Nevada: Saskatchewan: Argentina: Favorable #3 ranked #2 ranked +10 year operating Jurisdictions globally globally history 73K Diversified oz AuEq 202K Production oz Au 84K oz

  10. Slide 10: Marigold Mine: 2017 Results

    Marigold Mine: 2017 Results  Produced 202,240 oz of gold in 2017  Reported full year cash costs of $647/oz  Produced 52,768 oz of gold in Q4  Q4 mining rates impacted by safety shutdown  Investing in haulage capacity for long- term growth Note: Cash costs is a non-GAAP financial measure. Please

  11. Slide 11: Gold Mineral Reserves and Mineral Resources

    Marigold Mineral Reserves and Resources Increased Y-o-Y Mineral Reserves gold grade increased to 0.46 g/t 7 0.63 5.66 Gold Mineral Reserves and Mineral Resources 6 5 (million ounces) 4 0.36 3.19 2.84 (0.22) 0.21 3 2 1 0 2016 Depletion Model Exploration 2017 2017 M+I 2017 Reserves Assumptions Reserve

  12. Slide 12: Marigold Transformation Continues

    Marigold Transformation Continues Targeting +250K oz gold production by 2022 Pre-Acquisition Revised LOMP Expanded Mine Plan 2015/2016 Reserves and Fleet +250K +150,000 oz Au +200,000 oz Au +225,000 oz Au oz Au 250 Gold Production (K oz) 200 150 100 50 0 2012A 2013A 2014A 2015A 2016A 2017A 2018E 201

  13. Slide 13: Seabee Gold Operation: 2017 Results

    Seabee Gold Operation: 2017 Results  Achieved record annual and quarterly gold production  2017: 83,998 oz at $602/oz cash costs  Q4: 24,227 oz at $605/oz cash costs  Mill throughput of 970tpd in Q4  Delivered Seabee PEA estimating 100,000 oz LOM average annual gold production Notes: Cash costs

  14. Slide 14: Gold Mineral Reserves and Resources

    Seabee Mineral Reserves and Resources Increased Y-o-Y Mineral Reserves gold grade increased to 9.9 g/t 1,400 674 1,200 1,000 Gold Mineral Reserves and Resources 800 (thousand ounces) 681 600 166 437 361 92 400 200 0 2016 Depletion Exploration 2017 2017 M+I 2017 Reserves Reserves Resources Inferred R

  15. Slide 15: Increasing Production at Lower Costs

    Increasing Production at Lower Costs 140 $1,200 Acquired 120 120 the Seabee Gold Operation May 31, 2016 $1,000 108 $998 $954 100 100 89 $800 Cash Costs ($/oz gold) 84 77 Gold Production (k oz) 80 $757 75 $663 $600 63 $602 $585 60 $525 $540 50 $504 45 $442 $400 40 $200 20 0 $0 2012A 2013A 2014A 2015A

  16. Slide 16: Puna Operations: 2017 Results

    Puna Operations: 2017 Results  Produced 6.2M oz of silver, exceeding upwardly revised guidance  Produced 1.2M oz of silver in Q4  Reported silver cash costs of $13.07/oz for 2017, reflecting stockpile processing  Chinchillas EIA approval received Q4 2017  Project development activities underway

  17. Slide 17: Chinchillas Project Development On Track

    Chinchillas Project Development On Track  EIA approval received 2017  First blast initiated March 2018  Construction activities and workforce hiring process underway  First ore to the Pirquitas mill Construction of tailings pumping infrastructure anticipated in H2 2018 – concrete works Chinchill

  18. Slide 18: Puna Operations: Near Term Growth by 2019

    Puna Operations: Near Term Growth by 2019 Significant LOM base metals exposure from lead and zinc 2018 Guidance Medium Term Outlook  Production: 8 $16 6.9 6.9 6.8 $14  Silver: 2.3M to 3.3M ounces Silver-Equivalent Production (M oz) Cash Costs ($/oz Silver-Equivalent) 6 $12  Lead: 5.3M to 9.4M lbs

  19. Slide 19: The SSR Mining Strategy

    The SSR Mining Strategy  Deliver safe production and free cash flow  Maximize the value of our existing mines through Operational Excellence  Strengthen our balance sheet  Execute on our growth strategy  Deliver near-term growth at all three operations  Invest in brownfields exploration  Look

  20. Slide 20: SSR Mining Portfolio

    SSR Mining Portfolio Rationalization while preserving key growth opportunities 9 2 7 8. Maverick Springs 1 8 Brucejack 9. Sunrise Lake 1. Marigold 7. Amisk Snowfield 2. Seabee (Pretium) 5. San Luis 6 San Marcial 3. Puna Operations Berenguela (Chinchillas) Diablillos Candelaria 4. Puna Operations (Pi

  21. Slide 21: SSRM Investment Catalysts

    SSRM Investment Catalysts Delivering value and growth for our shareholders  Seabee ramp up to 1,050 tpd in 2019  Exploration drilling at Marigold and Seabee  First ore production at Chinchillas H2 2018  Pirquitas underground study in 2018  Marigold equipment replacement study in 2019 PAGE 21

  22. Slide 22: Questions and Answers

    QUESTIONS AND ANSWERS

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