Slide 1: Q1 2020 Conference Call
Q1 2020 CONFERENCE CALL May 15, 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: Value and Growth
Value and Growth ▪ Health and safety during COVID-19 ▪ Announced zero-premium merger with Alacer Gold on May 11th ▪ Produced +107,000 gold eq. oz. in Q1 ▪ Significant exploration program in 2020 ▪ Cash balance of $398M ▪ Divested SilverCrest equity position for gross proceeds of C$90M on May 14th ▪
Slide 4: SSR Mining COVID-19 Response
SSR Mining COVID-19 Response ▪ Committing up to $350k to support local communities near mines and projects ▪ Puna suspended on March 20th ▪ In compliance with government decree ▪ Mining declared essential business in April ▪ Seabee suspended last week of March ▪ Voluntary suspension ▪ Right thing fo
Slide 5: Marigold Mine: Q1 2020 Results
Marigold Mine: Q1 2020 Results ▪ Produced 58,448 oz of gold ▪ Cash costs of $824 per oz gold ▪ Over 20 million tonnes of material moved ▪ Hydraulic shovel commissioned in Q1 ▪ Construction of new leach pad on track to be completed this year Note: We report the non-GAAP financial measure of cash cost
Slide 6: Seabee Gold Operation: Q1 2020 Results
Seabee Gold Operation: Q1 2020 Results ▪ Produced 29,521 oz of gold ▪ Cash costs of $544 per oz gold ▪ Plant throughput exceeded 1,050 tpd during January and February ▪ Transportation of materials over ice road completed ▪ Phased re-start has commenced ▪ Currently focused on care & maintenance (C&M)
Slide 7: Puna Operations: Q1 2020 Results
Puna Operations: Q1 2020 Results ▪ Produced 1.8M oz of silver ▪ Silver recovery above 95% ▪ Cash costs of $13.49 per oz silver ▪ $8.60 per oz silver after backing out non-cash write down of inventory ▪ Mill throughput exceeded PFS rates up to the date of temporary suspension ▪ Evaluating phased re-s
Slide 8: Continued Exploration Success
Continued Exploration Success ▪ Marigold ▪ Focused on Trenton Canyon, Valmy, East Basalt, and Crossfire ▪ 64km of RC and core drilling in 2020 ▪ Seabee ▪ Focused on Santoy Gap HW, Santoy 8A, and Santoy 9A / 9C ▪ 60km of underground and surface drilling in 2020 ▪ Continued exploration of greenfield t
Slide 9: Trenton Canyon: Multiple Sulphide Gold Intercepts
Trenton Canyon: Multiple Sulphide Gold Intercepts Follow-up drilling to test and expand discovery gold mineralization Notes: See news release titled “SSR Mining Provides Exploration Update” dated May 14, 2020, for additional details. SSRM:NASDAQ/TSX PAGE 9
Slide 10: Multiple Confirmatory Oxide Drill Results
Multiple Confirmatory Oxide Drill Results Inaugural Trenton Canyon Mineral Resources estimate expected YE2020 Notes: See news release titled “SSR Mining Provides Exploration Update” dated May 14, 2020, for additional details. SSRM:NASDAQ/TSX PAGE 10
Slide 11: Drilling at Gap HW Extends Gold Mineralization Down Plunge
Drilling at Gap HW Extends Gold Mineralization Down Plunge Notes: See news release titled “SSR Mining Provides Exploration Update” dated May 14, 2020, for additional details. SSRM:NASDAQ/TSX PAGE 11
Slide 12: Near-Surface Potential Proximal to Santoy Mine Infrastructure
Near-Surface Potential Proximal to Santoy Mine Infrastructure Notes: See news release titled “SSR Mining Provides Exploration Update” dated May 14, 2020, for additional details. SSRM:NASDAQ/TSX PAGE 12
Slide 13: Selected Financial Results
Selected Financial Results Units Q1 2020 Q1 2019 Gold Equivalent Production oz 107,331 112,514 Gold Sales oz 85,742 83,516 Silver Sales Moz 1.8 0.9 Total Gold Equivalent Sales oz 104,715 93,452 Revenue $M $164.5 $126.3 Income from Mine Operations $M $44.8 30.2 Net Income $M $24.0 $5.7 Attributable N
Slide 14: Creating a Free Cash Flow Focused, Diversified Gold Producer
Creating a Free Cash Flow Focused, Diversified Gold Producer ▪ Announced zero-premium merger with Alacer Gold on May 11, 2020 ▪ Positions SSR Mining as a high-quality mid-cap gold producer ▪ Forward-looking 3-year average annual production profile of ~780 koz AuEq 1 ▪ Exceptionally strong balance sh
Slide 15: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com Toll-free: +1 888.338.0046 Telephone: +1 604.689.3846 Email: invest@ssrmining.com