Slide 1: Q3 2016 Conference Call
Q3 2016 CONFERENCE CALL November 9, 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: Delivering Scale and Margin
Delivering Scale and Margin Delivered record quarterly production of 112,559 oz AuEq Achieved record low cash costs of $618/oz AuEq Increased cash position to $278M Improved guidance at Marigold and Pirquitas Provided Marigold 5-year outlook Added value through portfolio optimization Not
Slide 4: Marigold Mine: Q3 2016 Results
Marigold Mine: Q3 2016 Results Produced 47,456 oz of gold at cash costs of $636/oz gold Improved 2016 cash cost guidance Achieved record quarterly tonnes moved Completed leach pad construction Expect strong Q4 production, due to higher H1 stacked ounces Notes: Cash costs are a non-GAAP fin
Slide 5: Seabee Gold Operation: Q3 2016 Results
Seabee Gold Operation: Q3 2016 Results Completed safe, successful integration Produced 20,142 oz of gold at cash costs of $661/oz gold Achieved AISC of $840/oz gold Successful 1,000 tpd milling rate in August 2016 Achieved record average daily mining and milling rates in Q3 Evaluating su
Slide 6: Pirquitas Mine: Q3 2016 Results
Pirquitas Mine: Q3 2016 Results Improved 2016 production and cash costs guidance Produced a record 3M oz of silver Achieved record low cash costs of $8.48/oz silver Strong operating fundamentals Record quarterly milling rate with +5,200 tpd in August 2016 Notes: Cash costs are a non-GAAP f
Slide 7: Exploration: Focus on Mine Life Extension
Exploration: Focus on Mine Life Extension Marigold +13,000 meters drilled at HideOut and Valmy Targeting Mineral Resource extension and conversion Seabee ~20,000 meters drilled underground and at surface Targeting the addition and conversion of Mineral Resources at Santoy Announced option
Slide 8: Selected Financial Results
Selected Financial Results Units Q3 2016 Q2 2016 Q3 2015 Gold Sales oz 69,189 58,430 39,525 Silver Sales Moz 2.9 2.6 2.8 Gold Equivalent Sales oz 112,674 92,359 77,543 Revenue $M $143.4 $118.8 $77.2 Income (Loss) from Mine Operations $M $59.2 $44.1 ($7.4) Net Income (Loss) $M $38.0 $12.5 ($59.4) Adj
Slide 9: Financial Strength and Growth
Financial Strength and Growth Units Q3 2016 Q2 2016 Q3 2015 Cash $M $278 $233 $200 Marketable Securities $M $178 $193 $108 Total Assets $M $1,455 $1,432 $955 Current Liabilities $M $134 $140 $135 Working Capital $M $556 $530 $373 SSRI:NASDAQ │SSO:TSX 9
Slide 10: 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 – – 9.5 – 10.5 (previous: 9.0 – 10.0) Cash costs per payable $/oz $640 – $680 $610 – $640 $9.00 – $9.50 ounce sold (previous: $650 – $700) (previous: $9.00 –
Slide 11: Creating Value and Growth
Creating Value and Growth Record quarterly operating and financial performance Improved guidance at Marigold and Pirquitas Robust balance sheet with +$500M liquidity Added value through project portfolio Strong fourth quarter outlook Well-positioned to continue executing growth strategy
Slide 12: Silver Standard Resources Inc. contact details
Silver Standard Resources Inc. Website: www.silverstandard.com Email: invest@silverstandard.com Toll-free: 1.888.338.0046 Telephone: 1.604.689.3846