Ssr Mining Inc. · NASDAQ:SSRM
Ssr Mining — Silver Standard Resources — April 2007 European Gold Forum
18 slides from Ssr Mining's conference presentation, April 2007
Slide 1: Company Presentation
Company Presentation April 2007 Silver Standard Resources Inc. Lever e Silver Standard has the largest in-ground silver resource of any publicly-traded silver company. Through project development, Silver Standard is poised to become a leading primary silver producer. 1
Slide 2: Silver: Versatile, Without Substitute and With Growing Uses
Silver: Versatile, Without Substitute and With Growing Uses Best electrical & thermal conductor Contacts between conductors, including use in thick film pastes and inks Natural biocide Water purification, burn treatment, wound dressings, surface treatment RFID tags Strength and fluidity Brazing allo
Slide 3: Consistent Growth in Resources
Consistent Growth in Resources Millions of silver ounces 1600 1400 1200 1000 +321% 800 600 400 +397% 200 0 2000 2001 2002 2003 2004 2005 2006 Apr. 2007 Proven & Probable Measured & Indicated Inferred Growth rate in resources: average 29% per year 5 Focus on Silver Exposure Total Silver: Gold 9% Tin
Slide 4: Largest Resource Base in the Sector
Largest Resource Base in the Sector Millions of silver ounces 1600 1500 1400 1300 1200 1100 1000 900 800 700 600 500 400 300 200 100 0 Apex Coeur Silver Pan American Silver Wheaton Standard Proven & Probable Measured & Indicated Inferred 7 Based on publicly disclosed silver reserves and resources at
Slide 5: Geopolitical Diversity
Market Cap/Reserves & Resources US$ per silver reserve and resource ounce 6 5 4 3 2 1 0 Silver Coeur Pan American Apex Silver Wheaton Standard Based on market capitalization and publicly disclosed silver reserves and resources at Apr. 10, 2007 9 Geopolitical Diversity PRINCIPAL PROJECTS Canada (13%)
Slide 6: Strategy for Growth
Strategy for Growth PRODUCTION Pirquitas on target for production Q4-2008 San Luis: High-grade underground DEVELOPMENT Pitarrilla: Develop large tonnage resource Diablillos: Drilling and update pre-feasibility study ADVANCING Snowfield: Expand resource Berenguela: Update scoping study NON-CORE Monet
Slide 7: Pirquitas Infrastructure
Pirquitas Infrastructure 13 Pirquitas Norandino pipeline valve Road to mine Shovel delivery Ball mill en route Plant site Camp housing 14 7
Slide 8: Pirquitas Economics
Pirquitas Economics NPV 0% (US$ mil) NPV 5% (US$ mil) IRR (%) $900 70 $800 60 $700 50 $600 $500 40 $400 30 $300 20 $200 10 $100 $0 0 $5.351 $7.162 $9.003 $12.004 $15.005 Silver Price 1. $2.75/lb tin, $0.42/lb zinc 2. $3.56/lb tin, $0.58/lb zinc 3. $4.47/lb tin, $0.73/lb zinc 4. $5.97/lb tin, $0.97/l
Slide 9: San Luis – Identified Veins
San Luis – Identified Veins 17 San Luis Cross Section A-A' 18 9
Slide 10: San Luis Surface Trench Assays and Long Section
San Luis Surface Trench Assays 19 San Luis Long Section A-A' 3.8 / 110 10.7 / 272 58.0 / 1961 2.5m South 0.1 / 12 Best Best 1.9m 134.0 / 2246 4.2m 78.4 / 2082 North 7.3 / 644 A-8 6.0m 1.6m 36.4 / 719 A-6 A-10 8.6m 33.3 / 704 7.1m 5.7 / 396 23.2 / 265 0.99m 197.1 / 3578 A-12 26.5 / 272 SL-06-09 2.6m
Slide 11: San Luis Stream Sediment Anomalies; Pitarrilla, Mexico
San Luis Stream Sediment Anomalies 21 Pitarrilla, Mexico: World Class Silver Discovery 1 2 Major Silver Districts 3 PITARRILLA 1 Santa Barbara 4 2 San Martin Chalchihuites 3 Fresnillo 5 4 Zacatecas 5 Guanajuato 22 11
Slide 12: Pitarrilla, Mexico Silver Discovery
Pitarrilla, Mexico Silver Discovery PROJECT SUMMARY RESOURCES Tonnes Silver SSRI Silver Ownership: 100% Mine type: Open pit/underground (mil) (g/t) (mil oz.) Mineralized zones: 5+ Measured: 27.2 120.6 105.5 Surface rights being acquired Power & road accessible Indicated: 35.6 112.5 245.0 Inferred: 6
Slide 13: Cordon Colorado – Breccia Ridge; Diablillos, Argentina
Cordon Colorado – Breccia Ridge Section A – A' Cordon Colorado Breccia Ridge BPD-152 534.8 ft @ 6.7 oz/t Ag Including: 51.5 ft @ 49.8 oz/t Ag, 6.92% Zn 6.00% Pb 5.57% Cu 25 Diablillos, Argentina Silver-Gold Project PROJECT SUMMARY* Ownership: 100% Mine type: Open pit Location: 275 km from Pirquitas
Slide 14: Snowfield, British Columbia Gold Project
Snowfield, British Columbia Gold Project 27 Snowfield 58m 28 14
Slide 15: Blue Sky Projects
Blue Sky Projects Berenguela Peru Bowdens Veta Challacollo Australia Colorada Chile Mexico Candelaria Shafter Maverick Springs Silvertip Sunrise Lk, US US US Canada Canada 29 Based on scoping studies and subject to feasibility studies and silver price Silver Standard's Growth 2006-2007 (in millions)
Slide 16: Directors & Management
Directors & Management DIRECTORS Robert Quartermain President David Johnston Former President and General Manager, Highland Valley Copper Corporation William Meyer Chairman, Minco Mining and Metals Corp. Gordon Davis Founder and former director of Cyprus Anvil John Brodie, FCA, President,
Slide 17: Snapshot; Forward-Looking Statements
Snapshot Nasdaq: SSRI (April 2007) TSX: SSO COMMON SHARES ISSUED 62.0 million Fully Diluted 66.1 million TRADING SYMBOLS: AVERAGE DAILY SHARE VOLUME (2007) 866,000 CASH (at Dec. 31, 2006) CDN$ 229.6 million SILVER BULLION (at Dec. 31, 2006) CDN$ 29.4 million MARKETABLE SECURITIES (at Dec. 31, 2006)
Slide 18: Cautionary Note to U.S. Investors
Cautionary Note to U.S. Investors . . . . Concerning disclosure of estimates of measured, indicated and inferred mineral resources and contained ounces of silver: The terms “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” used in this presentation are Canadia
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