Slide 1: Q2 2016 Conference Call
Q2 2016 CONFERENCE CALL August 11, 2016
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: The Business Delivering on Scale and Margin
The Business Delivering on Scale and Margin Completed Claude Resources acquisition Delivered higher production at lower cash costs Improved annual guidance and provided Seabee H2 guidance Increased cash position to $233M Marketable securities doubled to $193 million quarter-on-quarter Fa
Slide 4: Marigold Mine: Q2 2016 Results; Strong H2 2016
Marigold Mine: Q2 2016 Results; Strong H2 2016 Produced 47,195 oz of gold at cash costs of $663/oz gold Improved 2016 cash cost guidance Added three haul trucks, increasing daily tonnes moved to 220,000 Leach pad construction to benefit Q4 production Notes: Cash costs are a non-GAAP financia
Slide 5: Seabee Gold Operation: Q2 2016 Results
Seabee Gold Operation: Q2 2016 Results Produced 17,524 oz of gold in Q2 Focused on safe and successful integration Identifying Operational Excellence opportunities Provided production and cost guidance for H2 2016 SSRI:NASDAQ │SSO:TSX 5
Slide 6: Pirquitas Mine: Q2 2016 Results
Pirquitas Mine: Q2 2016 Results Achieved record low cash costs of $8.87/oz silver Produced 2.5M oz of silver Record average daily throughput due to Operational Excellence Improved 2016 production and cash costs guidance Notes: Cash costs are a non-GAAP financial measure. Please see "Cautiona
Slide 7: Exploration: Focus on Mine Life Extension
Exploration: Focus on Mine Life Extension Marigold Updated, longer-term production and cost outlook expected in Q3 Increased exploration budget for H2 2016 Seabee Focused on adding and converting Mineral Resources at the Santoy mine complex New mineralized area defined between 8A and San
Slide 8: Seabee Gold Operation: Creating Value and Growth
Seabee Gold Operation: Creating Value and Growth Combines operations with margin and scale Accelerates production growth and exploration Maintains strong financial position Adds underground mining skillset An immediately accretive transaction Enhances credit quality and trading liquidity SSRI:NASDAQ
Slide 9: Selected Financial Results
Selected Financial Results Units Q2 2016 Q1 2016 Q2 2015 Marigold: Gold Sales oz 47,124 48,605 48,121 Seabee: Gold Sales oz 11,306 n/a n/a Pirquitas: Silver Sales Moz 2.6 3.2 2.6 Revenue $M $118.8 $101.5 $95.8 Income from Mine Operations $M $44.1 $23.3 $16.3 Adjusted Net Income (Loss) $M $23.6 $9.0
Slide 10: Financial Strength and Growth
Financial Strength and Growth Units Q2 2016 Q1 2016 Q2 2015 Cash $M $233 $218 $218 Marketable Securities $M $193 $95 $98 Total Assets $M $1,432 $881 $997 Current Liabilities $M $140 $129 $124 Working Capital $M $530 $355 $380 SSRI:NASDAQ │SSO:TSX 10
Slide 11: Improved 2016 Guidance
Improved 2016 Guidance Units Marigold Seabee Pirquitas (H2 2016) Gold Production oz 200,000 – 210,000 32,000 – 35,000 – Silver production Moz – – 9.0 – 10.0 Cash costs per payable $/oz $650 – $700 $610 – $640 $9.00 – $10.00 ounce sold Capital expenditures $M $32 $2 $12 Capitalized stripping / $M $30
Slide 12: Creating Value and Growth; Strong H2 Outlook
Creating Value and Growth; Strong H2 Outlook Closed acquisition of Claude Resources Strong quarterly operating and financial performance Improved guidance at Marigold and Pirquitas Provided guidance at the Seabee Gold Operation Favorable CRA tax resolution Well-positioned to continue exe
Slide 13: Silver Standard Resources Inc. Contact
Silver Standard Resources Inc. Website: www.silverstandard.com Email: invest@silverstandard.com Toll-free: 1.888.338.0046 Telephone: 1.604.689.3846