Marigold
Track Record of Growth and Performance
The Marigold Mine (100% SSRM owned) is located in southeastern Humboldt County, Nevada, United States on the Battle Mountain-Eureka trend, approximately 5 kilometers south-southwest of the town of Valmy, Nevada. SSR Mining completed the acquisition of Marigold on April 4, 2014 and subsequently purchased adjacent land parcels.
In continuous production since 1989, Marigold is a large run-of-mine heap leach operation with several open pits, waste rock stockpiles, leach pads, a carbon adsorption facility, and a carbon processing and gold refining facility. Currently the mine utilizes a fleet of electric and hydraulic shovels and 280-tonne haul trucks. The gold doré bars produced at the mine are shipped to a third-party refinery.
Highlights of the Marigold Mine include:
- Mineral Reserves: Probable Mineral Reserves of 2.9 million ounces of gold at an average grade of 0.50 g/t and 0.2 million ounces of gold in leach pad inventory, as of December 31, 2024.
- Potential for mine life extension: Indicated Mineral Resources of 1.9 million ounces of gold at an average grade of 0.40 g/t. Inferred Mineral Resources of 0.2 million ounces of gold at an average grade of 0.43 g/t. Mineral Resources are as of December 31, 2024.
- Near-mine Exploration Ongoing: Exploration at Marigold continues to focus on higher-grade oxides, resource expansion and reserve conversion.
The scientific and technical information concerning our mineral projects on SSR Mining’s website 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 on the SSR Mining website, 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.
This page contains forward-looking statements. Please see the following link: Legal.
SSR Mining reported its updated Mineral Reserve and Mineral Resource ("MRMR") figures as of December 31, 2024 in Item 2 Properties of the Company's Annual Report. Mineral Resources are reported exclusive of Mineral Reserves.
February 13, 2024
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