Slide 1: Q2 2020 Conference Call
Q2 2020 CONFERENCE CALL August 7, 2020
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “f
Slide 3: Q2 2020 Highlights
Q2 2020 Highlights ▪ Health and safety during COVID-19 ▪ Advanced zero-premium merger with Alacer Gold ▪ Safe ramp-ups at both Seabee and Puna ▪ Marigold produced almost 50,000 oz of gold in Q2 ▪ Exploration success at Marigold ▪ Cash balance of $462M SSRM:NASDAQ/TSX PAGE 3
Slide 4: Operational Ramp-Ups
Operational Ramp-Ups ▪ Marigold relatively unaffected by COVID ▪ Seabee: ▪ Ore extraction commenced ▪ Started four development fronts underground ▪ Major capital works such as the TSF project are in execution ▪ Puna: ▪ Ore haulage ramped back up ▪ Processing plant operating normally ▪ Broad range of
Slide 5: Marigold Mine: Q2 2020 Results
Marigold Mine: Q2 2020 Results ▪ Produced 49,918 oz of gold ▪ Cash costs of $864 per oz gold ▪ Over 22 million tonnes of material moved, a mine site quarterly record ▪ Gold grades to increase in H2 2020 ▪ Construction of new leach pad on track to be completed this year Note: We report the non-GAAP f
Slide 6: Seabee Gold Operation: Q2 2020 Results
Seabee Gold Operation: Q2 2020 Results ▪ Commenced ore extraction from mine at end of June ▪ Anticipate operating mill at over 1,200 t per operating day through end of year ▪ Full operating staff on-site ▪ Care and maintenance activities focused on preventative maintenance ▪ Initiated construction o
Slide 7: Puna Operations: Q2 2020 Results
Puna Operations: Q2 2020 Results ▪ Ore haulage recommenced May 22 ▪ Processing plant re-started June 12 ▪ Plant averaged more than 4,200 tpd from the second day of re-start ▪ Executed maintenance projects at plant and other infrastructure ▪ Sufficient ore stockpiled for two months of continuous mill
Slide 8: Continued Exploration Success
Continued Exploration Success ▪ Marigold ▪ Increased spend by $2M to further explore Trenton Canyon sulphides ▪ ~19,500 meters drilled in Q2 ▪ Seismic geophysical survey over Trenton Canyon and Marigold in Q3 ▪ Seabee ▪ Exploration work suspended for Q2 ▪ Began underground drilling again at Gap HW N
Slide 9: Selected Financial Results
Selected Financial Results Units Q2 2020 Q2 2019 Gold Equivalent Production oz 53,202 98,334 Gold Sales oz 46,387 83,978 Silver Sales Moz 0.6 2.7 Total Gold Equivalent Sales oz 51,559 112,022 Revenue $M $92.5 $155.1 Income from Mine Operations $M $34.2 $29.8 Net (Loss) Income $M $(6.3) $12.4 Attribu
Slide 10: Strong Corporate Outlook
Strong Corporate Outlook ▪ Creating a free cash flow focused, diversified gold producer ▪ Marigold set up for strong H2 2020 ▪ Puna running above budgeted throughput rates ▪ Seabee mining at full capacity, process plant to run at higher throughput for balance of year ▪ Pitarrilla project provides si
Slide 11: SSR Mining Inc. Contact
SSR Mining Inc. www.ssrmining.com Toll-free: +1 888.338.0046 Telephone: +1 604.689.3846 Email: invest@ssrmining.com