SSR Mining Celebrates 5 Million Ounces of Gold Production From Marigold
SSR Mining Inc. (TSX:SSRM, ASX: SSR)) ("SSR Mining" or the "Company") is pleased to announce that the Marigold Mine achieved 5 million ounces of gold production on December 30, 2024. Marigold has been in continuous operation for more than 35 years and has produced more than 2 million ounces of gold since its acquisition by SSR Mining in 2014, including a record 278,000 ounces of gold production in 2023.
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Figure 1. Members of the Marigold Team celebrate 5 million ounces of gold production on December 30, 2024. (Photo: Business Wire)
Rod Antal, Executive Chairman of SSR Mining, said, "We are very proud of the Marigold team for this significant milestone. Producing five million ounces of gold over 35 years of continuous operations is a testament to the quality of the Marigold mine and its team. Of note, Marigold still hosted nearly 3 million ounces of Mineral Reserves as of December 31, 2023, supporting a mine life of at least 9 years. In 2024, we targeted approximately $10 million in growth expenditures at Marigold as we continue to invest meaningfully in mine life extension opportunities at the mine, including at the Buffalo Valley project. We look forward to many more years of safe, responsible and successful operations at Marigold going forward."
About SSR Mining
SSR Mining is listed under the ticker symbol SSRM on the Nasdaq and the TSX, and SSR on the ASX.
For more information, please visit www.ssrmining.com.
E-Mail: invest@ssrmining.com
Phone: +1 (888) 338-0046
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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.
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Forward-looking information and statements in this news release include any statements concerning, among other things: Mineral Resources, Mineral Reserves, realization of Mineral Reserves, and the existence or realization of Mineral Resource estimates; the Company's ability to discover new areas of mineralization; the timing and extent of capital investment at the Company's operations; the timing and extent of capitalized stripping at the Company's operations; the timing of production and production levels and the results of the Company's exploration and development programs, forecasts and outlook; the impact of any suspensions on operations; the timing and amount of future production; 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.
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