Ssr Mining Provides November 2018 Exploration Update
News Release 18-16
SSR Mining Inc. PHONE +1 604.689.3846 Suite 800 - 1055 Dunsmuir Street
www.ssrmining.com TOLL FREE +1 888.338.0046 PO Box 49088
Vancouver, BC, Canada V7X 1G4
November 6, 2018
SSR MINING PROVIDES NOVEMBER 2018 EXPLORATION UPDATE
VANCOUVER, B.C. – SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining”) provides
an update on its exploration activities and results at its Marigold mine in Nevada, U.S., and
Seabee Gold Operation in Saskatchewan, Canada for the period from August 1, 2017 to
September 30, 2018 (the “Exploration Period”).
Highlights:
At the Seabee Gold Operation, confirmation of a discovery at the Santoy Gap hanging wall (“HW”)
is expected to define new gold Mineral Resources when we report our Mineral Resources and
Mineral Reserves estimates for year-end 2018. Drill results at Santoy Gap HW include:
Drillhole SUG-18-622 intersected 25.6 g/t gold over 4.1 meters true width; and
Drillhole SUG-18-612 intersected 12.3 g/t gold over 4.8 meters true width.
Also at the Seabee Gold Operation, infill drilling at Santoy 8A is expected to convert Inferred
Mineral Resources to the Indicated category when we report our Mineral Resources and Mineral
Reserves estimates for year-end 2018. Drill results at Santoy 8A include:
Drillhole SUG-18-941 intersected 11.2 g/t gold over 18.5 meters true width; and
Drillhole SUG-18-943 intersected 14.1 g/t gold over 7.0 meters true width; and
Drillhole SUG-18-913 intersected 12.2 g/t gold over 7.0 meters true width.
Infill drill results for the Red Dot area at the Marigold mine include:
Drillhole MRA6626 intersected 3.4 g/t gold over 71.6 meters intersected width, including 8.9
g/t gold over 25.9 meters intersected width; and
Drillhole MRA6647 intersected 1.2 g/t gold over 185.9 meters intersected width, including
two higher grade intervals of 8.8 g/t gold over 6.1 meters, and 3.6 g/t gold over 32.0 meters.
Paul Benson, President and CEO said, “Our exploration investments at Seabee and Marigold
continue to yield significant results. Importantly, results at Seabee continue to confirm the strong
prospectivity and long-life nature of the Santoy mine. At Marigold we are also encouraged by
results from drilling at Red Dot and Mackay, as we look to continue our long-term track record of
replacing and growing reserves concurrent with the assessment of an expansion in mid-2019.
Our exploration programs are a key driver of value and growth for our shareholders, and continue
at full pace as we move into the end of the year.”
SSR Mining Inc.
PAGE 2
Seabee Gold Operation, Canada
At the Seabee Gold Operation, total year to date diamond drilling includes 35,258 meters from
underground in 104 holes and 15,390 meters from surface in 61 holes. Recent results increase
confidence in the continuity of gold mineralization at Santoy Gap HW (see Figure 1) . Drilling
during the third quarter at Santoy Gap HW included results from 30 drill holes. These holes, along
with exploration results since September 2017, have provided clarity to the controlling structure
along with continued high grade gold intercepts. These are found on the footwall side of an S -
folded attenuated granodiorite intrusion that dips and plunges in a similar manner to the Santoy
Gap deposits. On the 46 level, as shown in Figures 2 and 3, this mineralized zone is located 100
meters from existing infrastructure, and can be accessed easily.
We expect this new discovery at Santoy Gap HW to contribute new, additional Mineral Resources
when we report our Mineral Resources and Mineral Reserves estimates for year-end 2018.
At Santoy 8A we completed 72 holes in the Exploration Period towards converting Inferred Mineral
Resources to Indicated Mineral Resources, and this work is ongoing. Results to date have been
positive and increase our confidence that the majority of the Santoy 8A area that we have drilled
will be upgraded in classification, providing additional Mineral Reserves at year-end 2018.
At the early-stage Fisher project our objective is to discover a new zone with Inferred Mineral
Resource potential. Work during 2018 has comprised mapping, prospecting, soil and overburden
sampling, and drilling of 18 holes for a total of 10,416 meters. Results from the prospecting and
drilling have identified new gold bearing quartz vein shear zone exposures, while the first pass
drill results have yielded anomalous gold results. The widespread nature of the gold occurrences
at Fisher and their geologic similarities to the Seabee and Santoy mines reinforces our view of
prospectivity of this extensive property package . Drilling is presently underway on these new
targets.
Marigold mine, U.S.
At the Marigold mine, total year to date drilling includes 72,017 meters primarily focused on Red
Dot and Mackay with the objective to convert Mineral Resources to Mineral Reserves. During the
third quarter at Red Dot and Mackay, we received results from 44 holes that together with earlier
drilling, increases our confidence that a portion of the Red Dot Inferred Mineral Resources will be
upgraded at year-end 2018 (see Figures 4, 5 and 6). If the current Inferred Mineral Resources
upgrade work is successful, the upgraded Mineral Resources will be subject to additional
geotechnical drilling and engineering during the first half of 2019 with the goal of declaring a
Mineral Reserve at Red Dot, and also an updated mine plan, by mid-year 2019.
SSR Mining Inc.
PAGE 3
Figure 1. Longitudinal section for the exploration drill program at the Santoy mine complex,
Seabee Gold Operation, Saskatchewan, Canada during the Exploration Period.
Notes: Red dots presented in this longitudinal section represent drillholes from the Exploration Period that have a
gram-meter product greater than 20 and a minimum average gold grade of 3 g/t. Blue dots represent other drillholes
from the Exploration Period. Santoy Gap HW area is oriented obliquely to this section (see Figures 2 and 3) and
located behind the Mineral Resources shown in this view. True widths in meters are reported.
SSR Mining Inc.
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Figure 2. Plan view at the Santoy Gap hanging wall , Seabee Gold Operation, Saskatchewan,
Canada as of September 30, 2018.
Figure 3 . Cross-section view at the Santoy Gap hanging wall , Seabee Gold Operation,
Saskatchewan, Canada as of September 30, 2018.
SSR Mining Inc.
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Figure 4. Drillhole location plan map for the exploration drill programs at the Marigold mine,
Nevada, U.S. during the Exploration Period.
SSR Mining Inc.
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Figure 5. Drill cross section along A-A’ highlighting the Mackay pit area at the Marigold mine,
Nevada, U.S.
Figure 6. Drill cross section along B-B’ highlighting the Red Dot area at the Marigold mine,
Nevada, U.S.
A’A
MRA6743
62.5 m at 1.45 g/t
Incl. 10.7 m at 6.82 g/t
EOY 2017
Resource Pit Shell
EOY 2017 Mackay
Reserve Pit
September 2018 Pit
Surface
EW
Original Surface
75 meters
Gold Grade (g/t)
0.06 – 0.6
0.6 – 1.0
> 1.0
< 0.06
EOY 2017 Gold
Grade Model
MRA6679
27.4 m at 1.68 g/t
September 2017 Pit
Surface Original Surface
MRA6692
71.6 m at 1.31 g/t
Incl. 19.8 m at 3.13 g/t
MRA6620
33.5 m at 2.28 g/t
Incl. 25.9 m at 2.90 g/t
75 meters
Gold Grade (g/t)
0.06 – 0.6
0.6 – 1.0
> 1.0
< 0.06
B’
W E
EOY 2017
Resource Pit Shell
B
MRA6647
185.9 m at 1.23 g/t
Incl. 6.1 m at 8.83 g/t
Incl. 32.0 m at 3.63 g/t
EOY 2017 Mackay
Reserve PitEOY 2017 Gold
Grade Model
SSR Mining Inc.
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Table 1. Selected drillhole results from Seabee Gold Operation, Saskatchewan, Canada for the
Exploration Period.
Hole ID From
(meters)
To
(meters)
Mine E
(midpoint)1
Mine N
(midpoint)1
Elevation
(midpoint)1
Gold
(g/t)2
True
Width
(meters)
Zone
JOY-17-770 418.9 421.5 4760.5 5043.3 -315.4 17.31 2.54 8A FW
JOY-17-771 411 417.9 4774.4 5047.5 -312.0 3.89 6.83 8A
JOY-18-772 258.7 261.7 3695.2 4779.1 -230.4 18.35 2.69 9A
JOY-18-793 237.6 247.2 3794.5 4739.9 -170.2 4.62 9.41 9A
JOY-18-794 254.3 256.6 3797.0 4774.8 -210.0 9.72 2.10 9A
JOY-18-799 245.8 250.9 3767.1 4758.8 -193.0 11.97 4.83 9A
JOY-18-801 163.0 167.5 3860.9 4764.9 -137.2 17.04 4.14 9B
JOY-18-807 90.7 94.3 3852.8 4708.3 -86.9 27.53 2.61 9C
JOY-18-810 64.8 68.1 3899.8 4687.0 -43.0 32.15 3.23 9C
JOY-18-831 260.6 272.0 4296.7 5223.5 -251.5 3.74 10.68 HW
SUG-17-046 188.4 191 3620.4 4982.4 -421.5 21.66 1.21 9C
SUG-17-048 185 196.6 3627.0 4969.4 -417.9 3.47 6.09 9A
SUG-17-049 142.9 148.4 3673.7 4992.2 -433.1 5.94 3.47 9C
SUG-17-050 144.7 148 3685.0 4989.7 -450.4 14.77 2.43 9B
SUG-17-052 229.1 231 3612.9 4921.1 -378.3 27.28 0.84 9A
SUG-17-058 215.0 218.1 3897.6 5094.1 -569.1 37.64 1.86 9A
SUG-17-600 312.1 323.6 4146.0 5240.7 -391.5 4.39 7.47 HW
SUG-17-614 325.9 331.6 3897.7 5265.3 -488.1 11.27 2.85 HW
SUG-17-923 468.4 473.3 4525.0 5325.2 -605.9 24.00 2.14 8A
SUG-17-926 713.8 720.0 4561.6 5442.1 -821.2 12.46 2.21 8A
SUG-18-605 261.0 270.0 4227.0 5283.1 -322.0 6.31 8.49 HW
SUG-18-608 178.1 185.0 4174.4 5224.1 -373.2 6.20 6.44 HW
SUG-18-609 233.7 250.5 4186.8 5289.7 -377.5 3.73 12.92 HW
SUG-18-611 202.5 208.7 4138.1 5259.4 -405.1 4.54 4.84 HW
SUG-18-612 216.4 228.2 4103.8 5274.6 -447.8 12.32 4.82 HW
SUG-18-613 218.7 227.7 4073.3 5265.3 -442.6 7.07 6.30 HW
SUG-18-622 228.2 235.5 4094.9 5287.5 -445.2 25.60 4.10 HW
SUG-18-624 187.0 191.0 4105.3 5238.0 -409.1 8.16 3.67 HW
SUG-18-625 204.3 215.5 4072.8 5251.8 -432.2 7.82 8.14 HW
SUG-18-907 158.8 162.3 4261.7 5130.7 -460.9 32.45 2.54 8A
SUG-18-908 169.0 173.8 4286.6 5128.2 -452.3 14.87 3.44 8A
SUG-18-909 177.9 183.1 4317.1 5134.8 -450.4 20.51 3.26 8A
SUG-18-910 119.4 122.6 4256.7 5224.8 -552.1 13.80 3.02 8A
SUG-18-913 117.5 124.6 4238.9 5193.7 -532.0 12.17 7.04 8A
SUG-18-926 128.5 131.1 4262.7 5174.6 -497.4 17.61 2.28 8A
SUG-18-927 208.2 213.9 4292.1 5094.0 -420.9 9.12 3.36 8A
SUG-18-928 122.2 125.2 4270.0 5220.5 -541.6 15.56 2.73 8A
SUG-18-930 148.7 154.5 4315.7 5192.5 -511.5 13.57 4.54 8A
SSR Mining Inc.
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Hole ID From
(meters)
To
(meters)
Mine E
(midpoint)1
Mine N
(midpoint)1
Elevation
(midpoint)1
Gold
(g/t)2
True
Width
(meters)
Zone
SUG-18-931 140.8 150.7 4305.2 5223.3 -546.2 3.20 8.10 8A
SUG-18-933 133.9 142.1 4284.6 5244.8 -563.8 4.86 6.80 8A
SUG-18-935 181.7 194.1 4366.9 5225.9 -539.6 4.01 7.75 8A
SUG-18-937 176.3 186.8 4350.6 5240.0 -560.4 3.28 7.27 8A
SUG-18-938 213.8 223.6 4395.5 5249.9 -565.1 13.23 5.67 8A
SUG-18-940 168.1 185.5 4328.6 5262.1 -583.7 3.44 11.78 8A
SUG-18-941 148.4 173.1 4296.1 5266.4 -589.4 11.20 18.52 8A
SUG-18-943 151.2 160.6 4311.9 5172.9 -490.7 14.09 7.04 8A
SUG-18-950 153.9 160.3 4331.5 5221.6 -539.6 7.69 4.79 8A
SUG-18-951 245.7 255.1 4443.4 5210.9 -526.2 10.42 4.47 8A
SUG-18-954 204.7 210.1 4362.3 5279.1 -604.1 11.63 3.34 8A
SUG-18-955 193.0 202.3 4331.3 5283.8 -617.0 12.49 6.32 8A
SUG-18-956 270.8 284.2 4423.4 5302.1 -641.4 3.97 6.65 8A
SUG-18-958 174.1 184.0 4280.8 5292.7 -622.5 8.48 6.82 8A
Notes: Drillholes presented in this table have gram-meter product greater than 20.
1 Midpoints of the intercept determined where mineralized structure intersected.
2 Gold values cut to 75 g/t.
Table 2. Selected drillhole results from the Marigold mine, Nevada, U.S . for the Exploration
Period.
Hole ID From
(meters)
To
(meters)
Width
(meters)
Gold
(g/t) Area
MR6496 173.7 259.1 85.3 0.28 Valmy Pit
MRA6508 303.3 342.9 39.6 0.71 Red Dot
MRA6510 374.9 408.4 33.5 0.64 Red Dot
MRA6512 301.8 352.0 50.3 0.95 Red Dot
MR6515 172.2 210.3 38.1 0.71 Valmy Pit
(and) 231.6 268.2 36.6 0.70
MR6517 269.7 317.0 47.2 0.79 Mackay Pit
MRA6523 262.1 283.5 21.3 1.85 Mackay Pit
MRA6526 243.8 259.1 15.2 1.55 Mackay Pit
MRA6527 85.3 149.4 64.0 0.50 Mackay Pit
MRA6533 67.1 147.8 80.8 0.33 Mackay Pit
MR6540 195.1 216.4 21.3 1.49 Valmy Pit
MRA6545 161.5 199.6 38.1 0.87 East Basalt
MRA6546 204.2 224.0 19.8 1.06 East Basalt
MRA6558 135.6 195.1 59.4 0.84 East Basalt
MRA6563 269.7 358.1 88.4 1.09 Red Dot
(and) 361.2 381.0 19.8 2.97
(including) 361.2 376.4 15.2 3.73