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SSR Mining Announces Positive Exploration Results at Copper Hill

Recent Drilling Includes 1.4% Cu Over 140 Meters and 2.2% Cu Over 32 Meters

Mineralization Defined From Surface and Approaching One Kilometer of Strike

SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) ("SSR Mining" or the “Company") is pleased to announce results from 42 diamond drill holes completed at the Copper Hill property (“Copper Hill” or “the Property”), for the period from June, 2022 to October, 2022. Copper Hill is located approximately 30 kilometers southwest of the town of Kürtün in the Black Sea region of northeast Türkiye, and is approximately 260 kilometers from SSR Mining’s Hod Maden project (see Figure 1). Exploration at Copper Hill to date has focused on defining the initial footprint of copper mineralization through diamond drilling. Reflecting the Property’s growth potential, SSR Mining increased its ownership in the Copper Hill joint venture to 70% at the end of 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230619759661/en/

Figure 1. Location of the Copper Hill prospect and SSR Mining’s overall Kazıkbeli district exploration leases. (Graphic: Business Wire)

Figure 1. Location of the Copper Hill prospect and SSR Mining’s overall Kazıkbeli district exploration leases. (Graphic: Business Wire)

At present, copper mineralization has been defined along nearly one kilometer of strike to a depth of approximately 250 meters below surface (see Figure 2). Currently, the mineralization exhibits low levels of other metals (less than 0.03% lead and zinc) and arsenic (averaging below 8ppm), suggesting potential for a clean copper concentrate attractive to smelting companies. Results to date also showcase mineralization starting from surface over broad intercepts that suggest potential for an open pit operation in the future. Exploration activity is planned to restart in September, 2023, targeting potential extensions of the currently defined mineralization as well as identifying and testing new targets on the property.

Copper Hill drilling highlights include (see Figures 2 through 5 and Table 1):

  • CH002: 1.1% Cu over 37.0 meters from surface
  • CH012: 1.4% Cu over 139.7 meters from 134.4 meters
    • Including: 1.6% Cu over 33.9 meters from 204.2 meters and 3.5% Cu over 21.3 meters from 246.4 meters
  • CH020: 2.2% Cu over 31.9 meters from 282.5 meters
  • CH038: 1.4% Cu over 44.7 meters from 7.6 meters
    • Including: 2.4% Cu over 18.6 meters from 22.0 meters

Table 1: Significant copper intercepts from 2022 drilling at Copper Hill

Hole ID

From

To

Interval

Cu

(m)

(m)

(m)

(%)

CH002

0.0

37.0

37.0

1.1

Including

7.4

35.0

27.6

1.3

CH003

166.7

181.3

14.6

2.2

Including

166.7

179.7

13.0

2.4

CH005

135.5

190.5

55.0

0.7

CH012

134.4

274.1

139.7

1.4

Including

204.2

238.1

33.9

1.6

Including

246.4

267.7

21.3

3.5

CH016

109.7

140.0

30.3

1.5

Including

109.7

133.6

23.9

1.7

CH020

282.5

314.4

31.9

2.2

Including

292.5

314.4

21.9

2.9

CH028

159.8

192.1

32.3

1.0

CH030

121.0

159.5

38.5

1.1

Including

130.7

148.1

17.4

2.0

CH038

7.6

52.3

44.7

1.4

Including

22.0

40.6

18.6

2.4

 

110.4

162.1

51.7

1.0

Including

112.4

145.3

32.9

1.5

Significant intervals are reported at a nominal 0.2% copper cut-off and with a maximum 5 meters of contiguous dilution. All thicknesses are down hole length, and true widths are not known at this stage.

See Table 2 for additional details on the intercepts listed in this table.

Overview of the Copper Hill Property

Copper Hill is 70% owned and operated by SSR Mining and 30% owned by joint venture partner Lidya Mines (the “Joint Venture”). Copper Hill sits within a package of exploration leases known as Kazıkbeli and all leases are unencumbered by any existing royalties.

The Lidya Mines exploration team discovered Copper Hill and undertook the preliminary exploration activities on behalf of the Joint Venture. Exploration activities were initiated in 2009, consisting of surface sampling (rock and soil sampling) and ground magnetics. In April 2020, results were released for the initial eight diamond drill holes, totaling 3,181 meters, completed on the Property. To date, 77 diamond drill holes, totaling 24,600 meters, have been completed. The northwest-southeast trending mineralized zone has been identified over a strike length of more than 900 meters with a minimum width of 300 meters and starting at surface to a currently defined depth extent of at least 250 meters.

In addition to forthcoming drilling plans, the exploration team is planning geophysical surveys at Copper Hill for the 2023 field season, which aims to advance the continued definition of the potential overall extent of mineralization at the Property. SSR Mining is also planning additional regional exploration activity to identify and test copper skarn and porphyry targets across the greater Kazıkbeli land package.

Overview of Mineralization Style

Copper Hill is a skarn-type copper prospect associated with a late Cretaceous volcano-plutonic complex consisting of a volcano-sedimentary sequence intruded by three intrusive phases. The intrusive phases include an east-west trending elongate granite porphyry at the center of the current project area, along with a granodiorite to the south and a feldspar porphyry to the southwest and northeast. Calcic exoskarn mineralization is west-northwest to east-southeast trending and currently defined over a strike length of more than 900 meters, a width of 300 meters and to a depth of at least 250 meters. The skarn mineralization resulted from the emplacement of a quartz feldspar porphyry into the volcano-sedimentary sequence and decreases in thickness away from the intrusive contact. Copper mineralization is almost entirely sulfide, with oxide zones typically very narrow and constrained close to surface or immediately adjacent to significant faults. Four sets of high angle faults are found within the target area, generated during a major compression post-dating the skarns and copper mineralization at Copper Hill.

Currently, the mineralization at Copper Hill is considered “clean” as it exhibits low levels of other metals (less than 0.03% lead and zinc) and arsenic (averaging below 8ppm), suggesting potential for a clean copper concentrate attractive to smelting companies. This is atypical for skarn-type deposits and should bode well for future economic studies on the Property.

Technical Procedural Information Sampling and Analytical Procedures

The diamond drill cores were sampled as half core at 1.0 meter intervals as an average or with variable core length not smaller than 0.6 meters depending on the alterations and geological contacts. One half was sent to the assay lab and the other half was retained as witness core. The samples were submitted to ALS Global laboratories in Izmir, Türkiye for sample preparation and analysis which is an ISO/IEC 7025:2005 certified and accredited laboratory. Bureau Veritas (Acme) laboratory, in Ankara, Türkiye was used for umpire check sample analysis. The samples were analyzed for a full element suite Four Acid Digestion with ICP-AES Finish; ME-ICP61 (33 element four acid-ICP-AES). For copper assays greater than or equal to 10%, aqua regia digestion with Four Acid Overlimit Method was used; ME-OG62 (Ore Grade Elements - Four Acid- ICP-AES).

The total batch of 16,141 samples include 5.64% certified reference materials (“CRMs”), 5.12% blank and 9.66% duplicates for a quality control insertion rate of not less than 20.43% of the total samples. SSR Mining conducts routine QA/QC analysis on all assay results, including the systematic insertion of CRMs, blanks, field duplicates, and umpire laboratory check assays. The certified reference materials were commercial standards from the Ore Research Ltd. There were no adverse material results detected and the QA/QC indicates the information collected is acceptable, and the database can be used for further studies.

SSR Mining's drill and geochemical samples were collected in accordance with accepted industry standards. SSR Mining conducts routine QA/QC analysis on all assay results, including the systematic utilization of certified reference materials, blanks, field duplicates and umpire laboratory check assays.

External review of data and processes relating to the prospect was completed by independent Consultant Dr. Erdem Yetkin, P.Geo. in December 2022.

Qualified Persons

The exploration results disclosed in this document were prepared under the supervision of and approved by Rex Brommecker, P.Geo and Registered Member of the Professional Geoscientists of Ontario and Senior Vice President, Exploration at SSR Mining. Rex Brommecker has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and is a qualified person for purposes of Subpart 1300 of Regulation S-K ("S-K 1300”) and National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”).

External review of data and processes relating to the Copper Hill was completed in December 2022 by independent consultant Dr. Erdem Yetkin, P.Geo. a qualified person as defined by SK-1300 and NI 43-101. There were no adverse material results detected and Dr. Yetkin is of the opinion that the QA/QC indicates the information collected is acceptable, and the database can be used for announcing the exploration results.

About SSR Mining

SSR Mining Inc. is a leading, free cash flow focused gold company with four producing operations located in the USA, Türkiye, Canada, and Argentina, combined with a global pipeline of high-quality development and exploration assets. Over the last three years, the four operating assets combined have produced, on average, more than 700,000 gold-equivalent ounces annually. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and SSR on the ASX.

Cautionary Note Regarding Forward-Looking Information

Except for statements of historical fact relating to us, certain statements contained in this news release constitute forward-looking information, future oriented financial information, or financial outlooks (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information may be contained in this document and our other public filings. Forward-looking information relates to statements concerning our outlook and anticipated events or results and, in some cases, can be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts.

Forward-looking information and statements in this news release are based on certain key expectations and assumptions made by us. Although we believe that the expectations and assumptions on which such forward-looking information and statements are based are reasonable, undue reliance should not be placed on the forward-looking information and statements because we can give no assurance that they will prove to be correct. Forward-looking information and statements are subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include, but are not limited to: local and global political and economic conditions; governmental and regulatory requirements and actions by governmental authorities, including changes in government policy, government ownership requirements, changes in environmental, tax and other laws or regulations and the interpretation thereof; developments with respect to the COVID-19 pandemic, including the duration, severity and scope of the pandemic and potential impacts on mining operations; and other risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission on EDGAR and the Canadian securities regulatory authorities on SEDAR.

Forward-looking information and statements in this news release include any statements concerning, among other things: preliminary exploration and extent of potential mineralization in this document; production, operating, cost, and capital expenditure guidance; our operational and development targets and catalysts; forecasts and outlook, including related to production guidance and exploration activities; the results of any gold reconciliations; the ability to discover additional copper ore; matters relating to proposed exploration; communications with local stakeholders; maintaining community and government relations; negotiations of joint ventures; negotiation and completion of transactions; commodity prices; Mineral Resources, Mineral Reserves, conversion of Mineral Resources, realization of Mineral Reserves, and the existence or realization of Mineral Resource estimates; the development approach; the timing and amount of future production; the timing of studies, announcements, and analysis; the timing of construction and development of proposed mines and process facilities; capital and operating expenditures; economic conditions; availability of sufficient financing; exploration plans; receipt of regulatory approvals; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, environmental, regulatory, and political matters that may influence or be influenced by future events or conditions.

Such forward-looking information and statements are based on a number of material factors and assumptions, including, but not limited in any manner to, those disclosed in any other of our filings on EDGAR and SEDAR, and include: the inherent speculative nature of exploration results; the ability to explore; communications with local stakeholders; maintaining community and governmental relations; status of negotiations of joint ventures; weather conditions at our operations; commodity prices; the ultimate determination of and realization of Mineral Reserves; existence or realization of Mineral Resources; the development approach; availability and receipt of required approvals, titles, licenses and permits; sufficient working capital to develop and operate the mines and implement development plans; access to adequate services and supplies; foreign currency exchange rates; interest rates; access to capital markets and associated cost of funds; availability of a qualified work force; ability to negotiate, finalize, and execute relevant agreements; lack of social opposition to our mines or facilities; lack of legal challenges with respect to our properties; the timing and amount of future production; the ability to meet production, cost, and capital expenditure targets; timing and ability to produce studies and analyses; capital and operating expenditures; economic conditions; availability of sufficient financing; the ultimate ability to mine, process, and sell mineral products on economically favorable terms; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, geopolitical, regulatory and political factors that may influence future events or conditions. While we consider these factors and assumptions to be reasonable based on information currently available to us, they may prove to be incorrect.

The above list is not exhaustive of the factors that may affect any of the Company’s forward-looking information. You should not place undue reliance on forward-looking information and statements. Forward-looking information and statements are only predictions based on our current expectations and our projections about future events. Actual results may vary from such forward-looking information for a variety of reasons including, but not limited to, risks and uncertainties disclosed in our filings on our website at www.ssrmining.com, on SEDAR at www.sedar.com, on EDGAR at www.sec.gov and on the ASX at www.asx.com.au and other unforeseen events or circumstances. Other than as required by law, we do not intend, and undertake no obligation to update any forward-looking information to reflect, among other things, new information or future events. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Qualified Persons

The scientific and technical information concerning our mineral projects in this news release have been reviewed and approved by a “qualified person” under S-K 1300. For details on the “qualified persons” approving such information, a description of the key assumptions, parameters and methods used to estimate mineral reserves and mineral resources for SSR Mining Inc.’s material properties included in this news release, as well as data verification procedures and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, sociopolitical, marketing or other relevant factors, please review the Technical Report Summaries for each of the Company’s material properties which are available at www.sec.gov.

Table 2: All drill holes completed at Copper Hill between June 2022 and November 2022.

Hole ID

From To Interval Cu Oxidation State Comments
(m) (m) (m) (%)

CH001

92.9

99.2

6.3

0.6

Sulfide

Including

92.9

93.9

1.0

2.3

Sulfide

 

CH002

0.0

37.0

37.0

1.1

Sulfide

(1)

Including

7.4

35.0

27.6

1.3

Sulfide

 

 

163.1

180.0

16.9

0.5

Sulfide

Including

171.4

172.5

1.1

1.3

Sulfide

Including

178.0

180.0

2.0

1.8

Sulfide

CH003

74.8

97.0

22.2

0.7

Sulfide

Including

82.3

87.0

4.7

2.0

Sulfide

 

166.7

181.3

14.6

2.2

Sulfide

Including

166.7

179.7

13.0

2.4

Sulfide

 

CH004

161.3

166.8

5.5

0.5

Sulfide

Including

165.8

166.8

1.0

1.4

Sulfide

 

 

185.3

211.3

26.0

0.7

Sulfide

(1)

Including

200.0

208.7

8.7

1.3

Sulfide

 

CH005

135.5

190.5

55.0

0.7

Sulfide

(2)

Including

141.9

157.7

15.8

1.5

Sulfide

Including

165.0

167.0

2.0

1.4

Sulfide

 

CH006

160.6

184.3

23.7

0.4

Sulfide

Including

160.6

163.6

3.0

1.5

Sulfide

 

CH007

151.3

159.8

8.5

0.9

Sulfide

Including

152.9

156.6

3.7

1.6

Sulfide

 

188.0

194.9

6.9

0.4

Sulfide

Including

188.0

189.0

1.0

1.4

Sulfide

 

 

223.8

259.4

35.6

0.6

Sulfide

(1)

Including

230.4

231.4

1.0

1.4

Sulfide

Including

233.2

234.5

1.3

1.1

Sulfide

Including

252.6

258.4

5.8

1.8

Sulfide

 

CH008

N.S.I

 

CH009

97.2

104.7

7.5

0.5

Sulfide

 

 

121.6

132.9

11.3

0.3

Sulfide

(1)

 

143.6

158.1

14.5

0.5

Sulfide

Including

151.8

152.8

1.0

2.6

Sulfide

 

214.9

231.1

16.2

0.2

Sulfide

 

CH010

N.S.I

 

CH011

N.S.I

 

CH012

10.0

34.8

24.8

0.4

Sulfide

(4)

Including

33.8

34.8

1.0

1.5

Sulfide

 

53.0

60.5

7.5

1.9

Sulfide

Including

53.6

60.5

6.9

1.9

Sulfide

 

121.8

127.8

6.0

0.6

Sulfide

Including

121.8

122.8

1.0

1.1

Sulfide

Including

125.8

126.8

1.0

1.8

Sulfide

 

 

134.4

274.1

139.7

1.4

Sulfide

(3)

Including

135.4

139.4

4.0

1.7

Sulfide

Including

168.7

184.7

16.0

1.7

Sulfide

Including

204.2

238.1

33.9

1.6

Sulfide

Including

246.4

267.7

21.3

3.5

Mixed

 

CH013

N.S.I

 

CH014

134.0

152.7

18.7

0.5

Mixed

Including

135.0

136.0

1.0

1.3

Sulfide

(1)

Including

140.2

141.2

1.0

1.6

Mixed

 

197.2

204.7

7.5

2.1

Mixed

Including

198.5

204.7

6.2

2.5

Mixed

 

 

219.0

229.8

10.8

0.6

Sulfide

(1)

Including

221.9

223.9

2.0

1.4

Sulfide

 

CH015

N.S.I

 

CH016

0.0

11.8

11.8

0.3

Mixed

 

109.7

140.0

30.3

1.5

Sulfide

Including

109.7

133.6

23.9

1.7

Mixed

Including

139.0

140.0

1.0

3.6

Sulfide

 

CH017

N.S.I

 

CH018

166.6

200.5

33.9

0.8

Mixed

Including

167.3

168.6

1.3

1.7

Mixed

(1)

Including

185.1

196.9

11.8

1.3

Mixed

Including

198.5

200.5

2.0

2.1

Sulfide

 

CH019

126.0

140.8

14.8

0.3

Sulfide

(1)

 

155.0

163.4

8.4

0.3

Mixed

Including

155.0

156.0

1.0

1.4

Mixed

 

CH020

282.5

314.4

31.9

2.2

Sulfide

(1)

Including

282.5

284.5

2.0

1.2

Sulfide

 

Including

292.5

314.4

21.9

2.9

Sulfide

(1)

CH021

97.8

104.2

6.4

1.2

Mixed

Including

100.0

104.2

4.2

1.7

Mixed

 

CH022

0.0

7.6

7.6

0.9

Mixed

Including

2.5

6.7

4.2

1.4

Mixed

 

95.4

110.9

15.5

0.4

Mixed

Including

101.5

102.6

1.1

2.8

Sulfide

 

123.0

132.0

9.0

0.2

Sulfide

 

 

143.0

164.0

21.0

1.1

Sulfide

(1)

Including

160.6

164.0

3.4

5.7

Sulfide

 

213.2

223.2

10.0

0.3

Sulfide

Including

219.2

220.2

1.0

1.7

Sulfide

 

CH023

N.S.I

 

CH024

N.S.I

 

CH025

56.5

65.9

9.4

0.4

Sulfide

Including

63.4

64.6

1.2

1.1

Sulfide

 

CH026

116.7

122.8

6.1

0.5

Sulfide

Including

120.8

121.8

1.0

1.6

Sulfide

 

132.9

150.7

17.8

0.7

Sulfide

Including

136.8

147.6

10.8

1.1

Sulfide

 

CH027

19.0

32.6

13.6

0.5

Sulfide

Including

26.8

27.8

1.0

2.9

Mixed

 

 

50.6

104.3

53.7

0.5

Sulfide

(1)

Including

55.7

66.2

10.5

1.0

Sulfide

Including

68.7

70.0

1.3

1.6

Sulfide

Including

101.1

104.3

3.2

1.3

Mixed

 

CH028

80.8

94.0

13.2

0.9

Sulfide

Including

80.8

84.1

3.3

3.1

Sulfide

 

 

101.0

127.6

26.6

1.1

Sulfide

(1)

Including

103.5

109.1

5.6

3.8

Sulfide

 

145.0

152.8

7.8

1.6

Sulfide

Including

146.0

151.8

5.8

2.0

Sulfide

 

159.8

192.1

32.3

1.0

Sulfide

Including

159.8

163.5

3.7

2.1

Sulfide

Including

172.1

182.2

10.1

1.4

Sulfide

Including

190.1

192.1

2.0

2.3

Sulfide

 

 

203.1

221.0

17.9

1.0

Sulfide

(1)

CH029

35.6

45.6

10.0

0.7

Sulfide

Including

41.6

42.6

1.0

2.8

Sulfide

 

145.2

153.2

8.0

3.8

Sulfide

Including

147.1

152.3

5.2

5.6

Sulfide

 

CH030

0.0

25.0

25.0

0.7

Sulfide

Including

6.0

12.0

6.0

1.9

Mixed

 

58.2

64.6

6.4

1.0

Sulfide

Including

63.4

64.6

1.2

3.2

Sulfide

 

 

121.0

159.5

38.5

1.1

Sulfide

(1)

Including

130.7

148.1

17.4

2.0

Sulfide

Including

154.0

155.0

1.0

1.2

Sulfide

 

170.0

178.5

8.5

0.7

Sulfide

Including

171.0

172.0

1.0

3.3

Sulfide

 

215.6

223.0

7.4

0.4

Sulfide

 

CH031

N.S.I

 

CH032

0.9

11.1

10.2

0.4

Mixed

Including

6.0

7.1

1.1

1.3

Mixed

 

29.1

40.8

11.7

0.6

Sulfide

Including

30.3

31.3

1.0

1.4

Sulfide

Including

35.3

36.8

1.5

1.0

Sulfide

 

46.3

54.8

8.5

1.3

Sulfide

Including

48.1

53.8

5.7

1.7

Sulfide

 

67.1

91.9

24.8

0.2

Sulfide

 

140.5

153.2

12.7

0.3

Sulfide

 

CH033

1.6

15.5

13.9

0.2

Sulfide

 

278.3

290.7

12.4

0.6

Sulfide

Including

278.3

281.1

2.8

1.1

Mixed

 

CH034

60.8

67.3

6.5

0.2

Sulfide

 

CH035

N.S.I

 

CH036

219.0

240.7

21.7

0.2

Sulfide

 

259.4

268.6

9.2

0.5

Sulfide

Including

267.6

268.6

1.0

1.5

Sulfide

 

CH037

49.8

55.5

5.7

0.5

Sulfide

 

CH038

7.6

52.3

44.7

1.4

Sulfide

Including

13.5

16.9

3.4

3.1

Sulfide

Including

22.0

40.6

18.6

2.4

Sulfide

 

67.0

95.0

28.0

0.5

Sulfide

Including

70.3

71.3

1.0

2.0

Sulfide

Including

80.3

81.3

1.0

3.6

Sulfide

 

 

110.4

162.1

51.7

1.0

Sulfide

(1)

Including

112.4

145.3

32.9

1.5

Sulfide

 

CH039

5.0

30.3

25.3

0.9

Sulfide

Including

9.5

17.4

7.9

1.0

Mixed

Including

23.4

30.3

6.9

2.0

Sulfide

 

45.2

55.2

10.0

1.1

Sulfide

Including

48.1

53.8

5.7

1.5

Sulfide

 

CH040

0.0

9.5

9.5

0.6

Mixed

 

34.7

57.9

23.2

0.6

Sulfide

Including

34.7

39.4

4.7

1.3

Sulfide

Including

47.7

49.4

1.7

2.1

Sulfide

 

66.8

75.8

9.0

0.8

Sulfide

Including

68.5

71.2

2.7

2.0

Sulfide

 

104.0

112.0

8.0

0.4

Sulfide

Including

110.0

111.0

1.0

1.6

Sulfide

 

CH041

N.S.I

 

CH042

40.0

57.9

17.9

0.6

Sulfide

Including

40.0

42.0

2.0

1.2

Sulfide

Including

45.0

46.0

1.0

1.2

Sulfide

 

63.5

68.5

5.0

0.6

Sulfide

Including

64.5

65.5

1.0

1.1

Sulfide

 

81.6

87.0

5.4

0.6

Sulfide

 

Significant intervals reported at a nominal 0.2% copper cut-off and with a maximum 5 meters of contiguous dilution are given in Table 2. All thicknesses are down hole length and true thicknesses are not known at this stage. NSI – No Significant Intercepts.

(1) Including 30cm of isolated geotechnical sample.

(2) Including 60cm of isolated geotechnical sample.

(3) Including 90cm of isolated geotechnical sample.

(4) Including 30cm of isolated geotechnical sample, 4.90m core loss.

Supporting Drilling Information to SSR Mining Announcement

This document provides supporting drill collar locations and composite assay results for the Copper Hill drilling program referenced in the announcement “SSR Mining Announces Positive Exploration Results at Copper Hill”, June 20, 2023.

Drill collar locations are surveyed in UTM Zone 37N, ED50 grid using differential GPS in units of meters. All drilling was diamond core drilling with HQ and PQ core sizes. HQ is 63.5mm and PQ is 85 mm in diameter.

Table 3: Drill Collar Coordinates

Hole ID

Easting

Northing

Elevation

(m)

Azimuth

(deg.)

Dip

(deg.)

End of Hole

(m)

CH001

483083

4491308

2288

200

-80

320.2

CH002

483272

4491404

2237

60

-60

263.0

CH003

482944

4491330

2309

65

-75

308.5

CH004

483073

4491461

2287

30

-70

276.5

CH005

483315

4491230

2277

150

-80

371.2

CH006

483254

4491493

2259

75

-80

262.8

CH007

482889

4491353

2306

75

-75

398.2

CH008

483475

4491564

2222

130

-60

381.3

CH009

483520

4491294

2216

140

-60

278.0

CH010

482906

4491397

2303

0

-90

572.0

CH011

483633

4491427

2199

150

-60

524.3

CH012

483163

4491287

2281

120

-60

476.0

CH013

483872

4490993

2151

330

-60

368.0

CH014

482994

4491430

2304

130

-80

316.8

CH015

483868

4490996

2151

130

-60

287.0

CH016

483214

4491261

2286

0

-90

355.0

CH017

483477

4491566

2222

50

-60

248.0

CH018

483108

4491439

2270

30

-60

326.0

CH019

483184

4491456

2261

30

-60

315.6

CH020

482993

4491429

2304

0

-75

419.7

CH021

483224

4491428

2249

65

-70

470.0

CH022

483352

4491240

2267

150

-70

296.0

CH023

483258

4491493

2259

30

-60

267.8

CH024

482893

4491313

2314

70

-80

389.0

CH025

483315

4491382

2236

45

-60

254.0

CH026

483412

4491349

2230

10

-60

332.0

CH027

483416

4491197

2254

150

-75

383.0

CH028

483028

4491296

2300

5

-80

308.0

CH029

483507

4491314

2216

30

-60

260.0

CH030

483560

4491305

2199

135

-60

278.0

CH031

482933

4491419

2305

330

-70

437.0

CH032

483593

4491339

2184

145

-60

308.0

CH033

483594

4491188

2172

200

-60

326.0

CH034

483444

4491317

2234

30

-50

302.0

CH035

483114

4491266

2291

210

-70

364.4

CH036

483027

4491299

2301

210

-75

435.6

CH037

483471

4491274

2234

140

-70

224.0

CH038

483595

4491336

2184

185

-60

356.0

CH039

483688

4491216

2135

140

-50

135.0

CH040

483637

4491299

2169

140

-60

170.8

CH041

483567

4491232

2194

190

-60

224.0

CH042

483607

4491258

2183

170

-60

184.9

 

Contacts

SSR Mining Contacts:

F. Edward Farid, Executive Vice President, Chief Corporate Development Officer

Alex Hunchak, Director, Corporate Development and Investor Relations

SSR Mining Inc.

E-Mail: invest@ssrmining.com

Phone: +1 (888) 338-0046

To receive SSR Mining’s news releases by e-mail, please register using the SSR Mining website at www.ssrmining.com.

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