Ssr Mining Inc. · NASDAQ:SSRM

Ssr Mining — Q1 2014 Earnings Presentation

13 slides from Ssr Mining's earnings presentation, May 9, 2014

  1. Slide 1: Q1 2014 Conference Call

    Q1 2014 CONFERENCE CALL May 9, 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 (collectively

  3. Slide 3: Transformational Period

    TRANSFORMATIONAL PERIOD  Completed the Marigold mine acquisition  Focused on organizational cost discipline  Two large producing mines strongly positioned for the future SSRI:NASDAQ SSRI:NDAQ | |SSO: SSO:TSX TSX 3

  4. Slide 4: Pirquitas: Q1 2014

    PIRQUITAS: Q1 2014  Produced 1.9M oz of silver and 8.8M lbs of zinc  Reported cash costs of $12.36/oz of silver sold  Focused on operational excellence  Reaffirmed annual guidance SSRI:NASDAQ SSRI:NDAQ | |SSO: SSO:TSX TSX 4

  5. Slide 5: Marigold: Upgrades our Portfolio

    MARIGOLD: Upgrades our Portfolio  Completed Marigold acquisition  Added strong technical and operating team  Commenced mine optimization activities SSRI:NASDAQ SSRI:NDAQ | |SSO: SSO:TSX TSX 5

  6. Slide 6: Marigold: 2014 Guidance

    Marigold: 2014 Guidance April 4 – December 31, 2014 Gold production 105,000 – 115,000 ozs Cash costs per payable ounce of gold sold * $1,000 – $1,100 / oz Capital Expenditures $20M * Cash costs are a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this present

  7. Slide 7: Pitarrilla

    PITARRILLA  Option evaluation continues  Re-prioritized SSRI:NASDAQ SSRI:NDAQ | |SSO: SSO:TSX TSX 7

  8. Slide 8: Exploration: Advancing our Portfolio

    EXPLORATION: Advancing our Portfolio  Bonita Zone: Advanced project for drilling in June 2014  Marigold: Initiated exploration program in April 2014  Pirquitas: Exploration activities to extend mine life SSRI:NASDAQ SSRI:NDAQ | |SSO: SSO:TSX TSX 8

  9. Slide 9: First Quarter Results

    First Quarter Results Q1 2014 Silver Production 1.9Mozs Silver Sales 1.6Mozs Revenue $33.7M Income from Mine Operations $5.9M Net Loss $16.9M SSRI:NASDAQ SSRI:NDAQ | |SSO: SSO:TSX TSX 9

  10. Slide 10: Cash Costs: Lowered cost profile

    Cash Costs: Lowered cost profile $13.58 $13.32 $13.03 $12.36 $11.75 Cash costs per payable ounce of silver sold Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Note: Cash costs are a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this presentation. Information for Q1

  11. Slide 11: Financial Strength to Fund Growth

    Financial Strength to Fund Growth Q1 2014 Cash $396M Current Assets* $671M Current Liabilities $84M Working Capital* $587M * Inclusive of Pretium Resources Inc. investment of $110.3 million, Argonaut Gold Inc. investment of $22.3 million and Mandalay Resources Corp. investment of $9.8 million as of

  12. Slide 12: Elements for growth: Key Goals for 2014

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

  13. Slide 13: Q1 2014 Conference Call

    Q1 2014 CONFERENCE CALL SSRI:NDAQ | SSO: TSX 13

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