Ssr Mining Inc. · NASDAQ:SSRM

Ssr Mining — Silver Standard Resources — Q4 2013 Earnings Presentation

15 slides from Ssr Mining's earnings presentation, Feb 21, 2014

1. Slide 1: Q4 2013 Conference Call

   Q4 2013 CONFERENCE CALL February 21, 2014 SSRI:NDAQ | SSO: TSX 1

2. Slide 2: Cautionary Notes

   Cautionary Notes Cautionary Note Regarding Forward-Looking Statements: This presentation contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of Canadian securities laws (collectivel

3. Slide 3: Taking Action

   TAKING ACTION  Enhanced cost profile through restructuring program  Created value through project portfolio  Maintained strong liquidity position  Strengthened management team  Announced purchase of the Marigold mine SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 3

4. Slide 4: Pirquitas: 2013

   PIRQUITAS: 2013  Optimizing mine and plant processes  Realized cost savings and beat guidance  Produced 8.2M oz of silver  Produced record 27M lbs of zinc  Focused on operational excellence SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 4

5. Slide 5: Pitarrilla

   PITARRILLA  Advanced Pitarrilla key 2013 goals  Reassessing project scope  Focused on lower capital, underground mine  Retain future option for a large open pit mine SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 5

6. Slide 6: Exploration: Advancing our Portfolio

   EXPLORATION: Advancing our Portfolio  Peru: Bonita Zone at San Luis  Received work permit for 2014 drilling  Anticipate drilling in late May 2014  Mexico: Completed drill program at San Luis del Cordero project SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 6

7. Slide 7: Financial Strength to Fund Growth

   Financial Strength to Fund Growth 2013 Cash $416M Current Assets* $688M Current Liabilities $104M Working Capital* $584M * Inclusive of Pretium Resources Inc. investment of $97.8 million and Argonaut Gold Inc. of $25.6 million as of December 31, 2013. SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 7

8. Slide 8: Fourth Quarter and Year-end Results

   Fourth Quarter and Year-end Results Q4 2013 Silver Production 2.3Mozs 8.2Mozs Silver Sales 2.5Mozs 8.7Mozs Revenue $49.0M $174.7M Income from Mine Operations $4.0M $5.2M Net Income (Loss) $29.8M ($225.0)M SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 8

9. Slide 9: Cash Costs: Lowered cost profile

   Cash Costs: Lowered cost profile $16.88 $13.32 Cash costs per payable $12.87 $11.75 ounce of silver Q3 2013 Q4 2013 2012 2013 Note: Cash costs are a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this presentation. Information has been restated as discussed i

10. Slide 10: Pirquitas: 2014 Guidance

    Pirquitas: 2014 Guidance FY 2014 Silver production 8.2 – 8.6Mozs Zinc production 25 – 30Mlbs Cash costs per payable ounce sold* $12.50 – $13.50 * Cash costs are a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this presentation. Guidance is based on $20/oz si

11. Slide 11: Marigold: Upgrades our Portfolio

    MARIGOLD: Upgrades our Portfolio  Improves operating and political risk profile  Generates immediate operating cash flow  Leverages open-pit operating capabilities  Adds strong technical and operating team  Maintains financial capacity for internal growth SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TS

12. Slide 12: Marigold Mine: Roadmap

    Marigold Mine: Roadmap Q1 2014 Q2 2014 Q3 2014 Q4 2014 Integration Close Transaction Drilling Campaign NI 43-101 Announce File Report Resource Estimate NI 43-101 Announce File Report Technical Report Analyst Tour Planned approach to integration and future SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 12

13. Slide 13: Delivered to plan in 2013

    Key Activities in 2013  Implemented cost reduction programs  Maintained strong balance sheet to enable growth  Continued to deliver predictable performance at Pirquitas  Advanced the Pitarrilla project  Continued creating value from asset portfolio Delivered to plan in 2013 SSRI:NASDAQ SSRI:NDA

14. Slide 14: Key Goals for 2014

    Key Goals for 2014  Successfully integrate and optimize Marigold  Advance operational excellence at Pirquitas  Define development pathways for San Luis and Pitarrilla  Maintain strong balance sheet and cost discipline  Focus on growth opportunities Elements for success SSRI:NASDAQ SSRI:NDAQ ||S

15. Slide 15: Q4 2013 Conference Call

    Q4 2013 CONFERENCE CALL SSRI:NDAQ | SSO: TSX 15

Silver Standard Resources — Q4 2013 Earnings Presentation on 6ix