Slide 1: Year End 2018 Conference Call
YEAR END 2018 CONFERENCE CALL February 22, 2019
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: Track Record of Creating Shareholder Value
Track Record of Creating Shareholder Value ▪ Produced +345,000 gold equivalent ounces at cash costs of $736/oz in 2018 ▪ Exceeded initial production and cost guidance for a seventh consecutive year ▪ Exploration success at Marigold and Seabee with Reserve increases ▪ Record annual gold production at
Slide 4: Marigold Mine: 2018 Results
Marigold Mine: 2018 Results ▪ Produced 205,160 oz of gold in 2018, exceeding upper end of revised annual guidance ▪ Reported annual cash costs of $723/oz ▪ Produced 54,306 oz of gold in Q4 ▪ Expanded haul fleet and increased truck availabilities drive total material mined and ore stacking rates ▪ Ac
Slide 5: Seabee Gold Operation: 2018 Results
Seabee Gold Operation: 2018 Results ▪ Delivered 95,602 oz of gold production, a record for the fifth consecutive year ▪ Achieved record annual total ore milled ▪ Reported annual cash costs of $505/oz ▪ Produced 20,473 oz of gold in Q4 ▪ Improving mining capacity with increased mining fleet in 2019 ▪
Slide 6: Puna Operations: 2018 Results
Puna Operations: 2018 Results ▪ Produced 3.7M oz of silver, exceeding upwardly revised annual guidance ▪ Reported annual cash costs of $15.91/oz ▪ Produced 1.2M oz of silver in Q4 ▪ Declared commercial production at Chinchillas on December 1, 2018 ▪ Focus on steady state operations Note: Cash costs
Slide 7: Exploration Success in 2018
Exploration Success in 2018 ▪ Increased Marigold Mineral Reserves ▪ Converted Red Dot Phase 1 to Mineral Reserves ▪ Increased Seabee Mineral Reserves 39% year-on-year ▪ Continued to generate and drill targets at the Fisher project Notes: Please refer to “Cautionary Notes” in this presentation and th
Slide 8: Gold Mineral Reserves and Resources
Marigold Mineral Reserves Increased Y-o-Y Mineral Reserves gold grade increased to 0.47 g/t 0.40 6 5.56 5 Gold Mineral Reserves and Resources 4 (million ounces) 0.51 3.30 3.19 (0.32) 3 (0.08) 2 1 0 2017 Depletion Model Exploration + 2018 2018 M+I 2018 Reserves Assumptions Inventory Reserves Resource
Slide 9: Marigold: Exploration Success and Resource Conversion
Marigold: Exploration Success and Resource Conversion Red Dot Phase I added Mineral Reserves of 350,000oz of gold 8N TZN 8S 8SX N Red Dot North Mackay reserve Leach pit outline Pad Red Red Dot Dot EOY 2018 Pits surface EOY 2018 EOY 2018 EOY 2017 Original Surface W Resource Pit Reserve Pit Reserve Pi
Slide 10: Gold Mineral Reserves and Resources (thousand ounces)
Seabee Mineral Reserves Increased 39% Y-o-Y Gold grade remains strong at 9.2 g/t 1,400 483 1,200 Gold Mineral Reserves and Resources 1,000 (thousand ounces) 856 800 283 608 600 437 (103) 400 (9) 200 0 2017 Depletion Model Exploration 2018 2018 M+I 2018 Reserves Assumptions Reserves Resources Inferre
Slide 11: Silver Mineral Reserves and Resources
Puna Mineral Reserves and Resources Mineral Reserves silver grade increased to 165 g/t 31.10 120 100 Silver Mineral Reserves and Resources 89.00 80 (million ounces) 60 45.70 (6.10) (4.80) 4.00 38.70 40 20 0 2017 Depletion Model Stockpile Addition 2018 2018 M+I 2018 Reserves Assumptions Reserves Reso
Slide 12: Track Record of Increasing Mineral Reserves and Resources
Track Record of Increasing Mineral Reserves and Resources Focus on Mineral Resources Growth in 2019 ▪ Focus on Resource growth at Marigold ▪ 60,000 meters planned ▪ Focus on conversion and extension of Inferred Mineral Resources at Seabee ▪ 68,000 meters planned ▪ Fisher project: 8,000 meters target
Slide 13: Selected Financial Results
Selected Financial Results Units Q4 2018 Q4 2017 2018 2017 Gold Sales oz 72,261 75,389 290,294 286,279 Silver Sales Moz 0.9 0.8 3.8 6.0 Total Gold Equivalent Sales oz 82,439 85,883 335,267 364,538 Gold Equivalent Production oz 88,718 92,594 347,090 370,486 Revenue $M $103.7 $107.9 $420.7 $448.8 Inco
Slide 14: 2019 Production and Cash Costs Guidance
2019 Production and Cash Costs Guidance Marigold Seabee Puna SSR Mining (75% attributable interest) (75% attributable interest) Gold Gold Silver Gold Equivalent Production 200K – 220K oz 95K – 110K oz 6.0M – 7.0M oz 370K – 415K oz (4.5M – 5.3M oz) (350K – 395K oz) Cash Costs $750/oz – $790/oz $525/o
Slide 15: Track Record of Creating Value and Growth
Track Record of Creating Value and Growth ▪ Delivered strong performance, meeting guidance seventh consecutive year ▪ Increased Mineral Reserves at Marigold and Seabee ▪ Declared commercial production at Chinchillas ▪ Maintained strong balance for growth opportunities ▪ Demonstrated financial discip
Slide 16: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com Toll-free: +1 888.338.0046 Telephone: +1 604.689.3846 Email: invest@ssrmining.com