Slide 1: A Track Record of Creating Value
A TRACK RECORD OF CREATING VALUE November 2018
Slide 2: Cautionary Notes
Cautionary Notes SSRM:NASDAQ/TSX PAGE 2
Slide 3: Why SSR Mining?
Why SSR Mining? A long-term track record of creating value Investor Challenges SSRM Investment Catalysts × Inconsistent operating performance Met guidance six consecutive years × Declining reserves Track record of reserve growth × Declining production Production growth +40% through 2021 × Sing
Slide 4: Track Record of Delivery
Track Record of Delivery Six-year history of meeting or exceeding guidance Reliable trend of delivering more …at lower cash costs with less gold… variability 450 1,200 400 1,100 Gold-Equivalent Cash Costs ($/oz) Gold-Equivalent Production (K oz) 1,000 350 900 300 800 250 700 200 600 Production Guida
Slide 5: SSRM Q3 2018 Summary
SSRM Q3 2018 Summary Delivering growth and value for shareholders Q3 Units 2018 Increased gold equivalent production to Gold Sales oz 88,787 95,000 ounces at lower cash costs Silver Sales Moz 0.6 Seabee record production of 27,831 Total Gold Equivalent Sales oz 96,760 oz of gold at record cash c
Slide 6: Enhanced 2018 Production and Cash Costs Guidance
Enhanced 2018 Production and Cash Costs Guidance Marigold Seabee Puna SSR Mining (75% interest) Gold Gold Silver Gold Equivalent Production 195K – 205K oz 90K – 95K oz 2.3M – 2.6M oz 315K – 335K oz Cash Costs $715/oz – $735/oz $535/oz – $560/oz $12.50/oz – $15.00/oz $690/oz – $730/oz (US$/oz) Mid-po
Slide 7: Track Record of Growth and Decreasing Costs
Track Record of Growth and Decreasing Costs 500 $1,200 $1,000 400 Cash Cost ($/oz Gold-Equivalent) Gold-Equivalent Production (k oz) $800 300 $600 200 $400 100 $200 0 $0 2012A 2013A 2014A 2015A 2016A 2017A 2018E 2019E 2020E 2021E Puna Marigold Seabee Cash Costs Strong Outlook +41% increase in annual
Slide 8: Track Record of Growing Net Asset Value Per Share
Track Record of Growing Net Asset Value Per Share $13 $12 $11 +68% Net Asset Value ($/sh) $10 $9 $8 $7 $6 -10% $5 $4 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 SSR Mining Peer Index Notes: Peer index represents an equal weighted index, indexed to SSR Mining NAV per share beginning Decem
Slide 9: Highest Corporate Governance Rating Leads Peer Group
Highest Corporate Governance Rating Leads Peer Group Depth of experience at senior management and Board level Proven management team focused on shareholder returns Eight of nine Board members are non-executive, including Chairman Strong shareholder protections through robust governance policie
Slide 10: SSR Mining
SSR MINING Ks y : ! —— A ih
Slide 11: Marigold: Large Scale, Low-Cost Producer
Marigold: Large Scale, Low-Cost Producer Open pit, run-of-mine heap leach gold operation 2018 mid-point guidance of 200,000 ounces gold YTD 2018 gold production of 150,855 ounces Moved a record 21.3M tonnes in Q3 2018 Twin Creeks Goldstrike ~200,000 tonnes of material moved per day MARIGOL
Slide 12: Transformation: Increased Production and Lower Costs
Transformation: Increased Production and Lower Costs Targeting +265,000 oz gold production by 2021 Pre-Acquisition Revised LOMP Expanded Mine Plan 2015/2016 Reserves and Fleet +150,000 oz Au +200,000 oz Au +265,000 oz Au by 2021 250 Gold Production (K oz) 200 150 100 50 0 2012A 2013A 2014A 2015A 201
Slide 13: Marigold Mineral Reserves and Resources Increased Y-o-Y
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
Slide 14: Marigold: Exploration Success and Resource Conversion
Marigold: Exploration Success and Resource Conversion 8N TZN 8S 8SX N Red HideOut Dot North Leach Pad Red Dot MUD Waste Valmy Mackay reserve pit outline Current mining area Basalt-Antler SSRM:NASDAQ/TSX PAGE 14
Slide 15: Marigold: Exploration Success and Resource Conversion
Marigold: Exploration Success and Resource Conversion TZN 8D 8S 8SX N Red HideOut Dot North Leach Pad A’ September 2017 Pit Surface Original Surface EOY 2017 Mackay EOY 2017 Resource Pit EOY 2017 Gold grade model Reserve Pit Shell Gold Grade (g/t) < 0.06 0.06 – 0.6 0.6 – 1.0 MRA6647 > 1.0 MRA6692 MR
Slide 16: Growth Options with Potential Resource Conversion
Growth Options with Potential Resource Conversion In 2019, evaluate mine fleet investment plan Technical Report Red Dot Conversion Scenario A: Scenario B: Scenario C: 2017 Reserve Expansion Extend Life Material Movement Mtpa +80 +110 +80 Life of Mine (active mining) years +10 10 - 15 10 - 15 Resourc
Slide 17: Marigold: Opportunities
Marigold: Opportunities Continue to deliver robust operating margins Additional hauling capacity and equipment replacement study Mine-life extension through exploration at Valmy, East Basalt and Red Dot 2018 exploration budget of $9M, 80% increase from 2017 Deep sulphide exploration SSRM:N
Slide 18: Seabee Gold Operation
SEABEE GOLD OPERATION HIGH-GRADE GOLD MINE
Slide 19: Seabee: Overview
Seabee: Overview High-margin underground operation in a stable jurisdiction High-grade, underground mine in Saskatchewan, Canada Strong safety and environmental practices Large underexplored land position of +57,000 ha 2018 mid-point guidance improved to 92,500 ounces gold YTD 2018 gold pr
Slide 20: Seabee Mineral Reserves and Resources Increased Y-o-Y
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
Slide 21: On Track for Fifth Consecutive Annual Production Record
On Track for Fifth Consecutive Annual Production Record 140 $1,200 Acquired 120 120 the Seabee Gold Operation May 31, 2016 $1,000 108 $998 $954 100 100 93 $800 Cash Costs ($/oz gold) 84 77 Gold Production (k oz) 80 $757 75 $663 $600 63 $602 60 $548 $525 $540 50 $504 45 $442 $400 40 $200 20 0 $0 2012
Slide 22: Operational Excellence Driving Seabee Mill Improvements
Operational Excellence Driving Seabee Mill Improvements Step-change tonnage improvements since acquisition 1,500 1,400 1,300 1,200 1,100 Mill Dry Tonnes per Day 1,000 900 800 700 600 500 400 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 SSRM:NASDAQ/TSX PAGE 22
Slide 23: Seabee Exploration Update
Seabee Exploration Update Near-mine drilling at Santoy yielding significant results Santoy Gap (9A, 9B, 9C) Santoy 8A 0m Elev 3.2m at 32.2g/t (JOY-18-810) 2.6m at 27.5g/t (JOY-18-807) 4.1m at 17.0g/t (JOY-18-801) 4.8m at 12.0g/t (JOY-18-799) 2.7m at 18.4g/t (JOY-18-772) 10.7m at 3.7g/t Santoy (JOY-1
Slide 24: Santoy Gap Hanging Wall
Santoy Gap Hanging Wall Recent drilling confirms discovery near existing infrastructure Note: Please see our news release dated November 6, 2018 for further details. SSRM:NASDAQ/TSX PAGE 24
Slide 25: Large, Contiguous Land Package
Large, Contiguous Land Package 23,300 hectare land package at Seabee Carr target CRJ target Seabee Mine/mill Santoy 3 target airstrip & camp Santoy Mine Fisher exploration camp 34,000 hectare land package at Fisher Project (option agreement) 10 km All weather road Gold occurrence Santoy shear zone S
Slide 26: Seabee: Opportunities
Seabee: Opportunities Deliver on PEA expansion case to 1,050 tpd Drive Operational Excellence initiatives Evaluate 1,200 tpd sustained mill throughput 80% increase in exploration to $9M in 2018 Santoy Gap Hanging Wall Santoy 8A Seabee Gold Operation Fisher extension Flin Flon Saskatoon
Slide 27: Puna Operations
PUNA OPERATIONS LARGE-SCALE SILVER PRODUCER
Slide 28: Puna Operations Joint Venture
Puna Operations Joint Venture Brownfields development for Pirquitas operating life extension SSR Mining is the JV operator with a 75% interest JV includes Chinchillas, a silver-lead-zinc deposit, and the Pirquitas plant and facilities located 45 km away Chinchillas construction initiated Q1 20
Slide 29: 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 $14 Silver: 2.3M to 2.6M ounces Silver-Equivalent Production (M oz) Cash Cost ($/oz Silver-Equivalent) 6 $12 Lead: 1.1M to 1.5M lbs
Slide 30: Chinchillas Project Development On Track
Chinchillas Project Development On Track Pre-stripping advancing as planned Key milestones: completed stockpile dome, road by-passes, power line upgrade Commercial production expected Q4 2018 Project remains on budget Pre-stripping activities advancing as planned Road by-passes operational S
Slide 31: Portfolio Rationalization
Portfolio Rationalization Maximizing value of portfolio with property sales 9 2 7 8. Maverick Springs 1 8 Brucejack San Marcial Snowfield 1. Marigold 7. Amisk 2. Seabee (Pretium) 5. San Luis 6 9. Sunrise Lake 3. Puna Operations Berenguela (Chinchillas) Diablillos Candelaria 4. Puna Operations (Pirqu
Slide 32: SSR Mining Inc.
SSR Mining Inc. Delivering value and growth for our shareholders Production and Q3 2018 produced 94,808 gold equivalent ounces at Free Cash Flow $682/oz cash costs Growth Production growth to +440,000 oz AuEq by 2021 Near-term Ramp up at Seabee to 1,050 tpd in 2019 Investment Marigold equipm
Slide 33: Value & Growth
Value & Growth SSRM:NASDAQ/TSX PAGE 33
Slide 34: Track Record of Free Cash Flow Generation
Track Record of Free Cash Flow Generation $500 Acquired $400 Acquired Seabee Marigold Cash and Cash Equivalents ($M) (all shares) (all cash) $300 $200 $100 $0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2014 2014 2014 2014 2015 2015 2015 2015 2016 2016 2016 2016 2017 2017 2017 2017 2018
Slide 35: Selected Financial Results for 2016 and 2017
Selected Financial Results for 2016 and 2017 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 $M
Slide 36: SSR Mining Executive Team and Board of Directors
SSR Mining Executive Team and Board of Directors Depth of experience and a top governance rating Paul Benson Nadine J. Block W. John DeCooman, Jr. Gregory J. Martin Kevin O’Kane President and CEO VP, Human Resources VP, Business Development SVP and CFO COO and Strategy Michael Anglin Brian Booth Gus
Slide 37: Marigold Mine: Heap Leach Process
Marigold Mine: Heap Leach Process Once ore is loaded on the heap leach pad … Average time to achieve primary recovery of +50% is 90 to 120 days Average time to achieve overall recovery of 73% is seven to nine months Most important factor to leach recovery time is loaded ore to ‘plastic’ dist
Slide 38: Aerial View of Marigold Mine
Aerial View of Marigold Mine SSRM:NASDAQ/TSX PAGE 38
Slide 39: Seabee: Preliminary Economic Assessment
Seabee: Preliminary Economic Assessment Expanded margins from higher throughput and grade Increases mining rate by 21% to 1,050 tpd by 2019, compared to 2016 Mines 62% of Inferred Mineral Resources Increases estimated LOM average gold production by 29% to 100,000 ounces per year (for the perio
Slide 40: Seabee: PEA Financial Summary and Sensitivity Analysis
Seabee: PEA Financial Summary and Sensitivity Analysis Cash Flows ($M) Pre-tax NPV (5%) Sensitivities ($M) Net Revenue $893.5 Gold Price ($/oz) Operating Costs $(346.0) $1,200 $1,300 $1,400 Royalties and Other $(28.5) 1.20:1 $289 $346 $403 Canadian Δ in Working Capital $10.3 Exchange 1.25:1 $307 $36
Slide 41: Chinchillas Project: Data Sheet
Chinchillas Project: Data Sheet (100% Basis) Near-term Production with Positive Pre-Feasibility Results Mine life: 8 years N Total material mined: 66.6 M tonnes Strip ratio: 4.7 Processing rate: 4,000 tpd 6.1 Moz Silver Average annual 35.0 Mlb Lead production (8 years active mining): 12.3 Mlb Zinc 8
Slide 42: San Luis and Pitarrilla Projects
San Luis Project: A unique high-grade gold reserve with exploration upside Pitarrilla Project: Large undeveloped silver resource San Luis Project Pitarrilla Project Feasibility Study Results (June 2010) Feasibility Study Results (December 2012) Mine life: 3.5 years Mine life: 32 years Average annual
Slide 43: Mineral Reserves
Mineral Reserves (as of December 31, 2017) SSRM SSRM Location Tonnes Silver Gold Lead Zinc SSRM Interest Interest % Silver Gold millions g/t g/t % % Interest million oz million oz Proven Mineral Reserves Seabee Canada 0.26 7.58 100 0.06 Chinchillas Argentina 1.64 180 0.75 0.42 75 7.1 Total 7.1 0.06
Slide 44: Mineral Resources: Measured and Indicated
Mineral Resources: Measured and Indicated (as of December 31, 2017) SSRM SSRM Location Tonnes Silver Gold Lead Zinc SSRM Interest Interest % Silver Gold millions g/t g/t % % Interest million oz million oz Measured Mineral Resources (Inclusive of Proven Mineral Reserves) Seabee Canada 0.57 9.29 100 0
Slide 45: Mineral Resources: Inferred
Mineral Resources: Inferred (as of December 31, 2017) SSRM SSRM Location Tonnes Silver Gold Lead Zinc SSRM Interest Interest % Silver Gold millions g/t g/t % % Interest million oz million oz Inferred Mineral Resources Marigold U.S. 49.70 0.41 100 0.63 Seabee Canada 2.26 9.29 100 0.67 Chinchillas Arg
Slide 46: Reserves and Resources Notes to Tables
Reserves and Resources Notes to Tables All estimates set forth in the Mineral Reserves and Mineral Resources table have been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”). The estimates of Mineral Reserves and Mineral Resources fo
Slide 47: SSR Mining Inc. Share Capital Structure and Top Shareholders
SSR Mining Inc. Share capital structure, convertible note and top shareholders overview Top 10 Shareholders % of Shares Outstanding Institutional Holdings by Country Van Eck 15.1% Dimensional Fund Advisors, L.P. 5.1% United States Renaissance Technologies 4.8% Canada Investec Asset Management 3.0% U
Slide 48: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com Toll-free: +1 888.338.0046 Telephone: +1 604.689.3846 Email: invest@ssrmining.com