Oxide Intercepts Include 4.2 g/t Au Over 26 Meters and 2.7 g/t Au Over 17 Meters at New Millennium; Updated Technical Report on Track for 2023
DENVER, CO, Nov. 28, 2022 /PRNewswire/ - SSR Mining Inc. (NASDAQ:SSRM) (TSX:SSRM.TO) (AMEX:SSR) ("SSR Mining" or the "Company") is pleased to announce results from 316 drillholes completed at the Marigold mine in Nevada, USA, for the period from October, 2021 to August, 2022 (Figure 1) at the New Millennium, Trenton Canyon and Buffalo Valley oxide targets. These results build upon, and are subsequent to, the Marigold 2021 Technical Report Summary. With an existing Mineral Reserve life of 11 years, exploration at Marigold is focused on adding higher-grade oxide ounces to the mine plan to both enhance and extend the current production profile and life of mine free cash flow generation. The continued exploration success at these key exploration targets has the potential to drive Mineral Reserve and Mineral Resource growth that can be incorporated into an updated Technical Report Summary for Marigold, which is expected in 2023 (the "2023 Marigold TRS"). The 2023 Marigold TRS will evaluate the potential to add New Millennium to the life of mine plan. Future studies will evaluate mining and processing opportunities at the Trenton Canyon and Buffalo Valley satellite targets located four and ten kilometers south of New Millennium, respectively.
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