Seabee
High Grade Underground Mine
The Seabee Operations (100% SSRM owned) are located in Northern Saskatchewan, Canada approximately 125 kilometers northeast of the town of La Ronge. The Santoy underground mine has been in continuous commercial production since 2014. Commercial production at the Seabee underground mine commenced in 1991 and exhausted Mineral Resources in 2018. All ore is processed at the Seabee mill facility, which has been in operation since 1991. The Seabee mill facility produces gold doré bars that are shipped to a third party refinery. Access to the mine site is by fixed wing aircraft to a 1,275-meter airstrip located on the property. Equipment and large supplies are transported to the site via a 60-kilometer winter ice road, which is typically in use from January through March.
SSR Mining acquired Seabee on May 31, 2016 through the acquisition of Claude Resources Inc. On April 14, 2022, SSR Mining expanded its existing exploration platform at Seabee through the acquisition of Taiga Gold. SSR Mining’s growth and development strategy has been to increase production by optimizing the milling and mining processes and exploring new mill feed sources.
Highlights of the Seabee Operations include:
- Mineral Reserves: Proven and Probable Mineral Reserves of 343,000 ounces of gold at an average grade of 5.17 g/t as of December 31, 2023.
- Potential for mine life extension: Measured and Indicated Mineral Resources of 218,000 ounces of gold at an average grade of 4.36 g/t. Inferred Mineral Resources of 463,000 ounces of gold at a grade of 5.20 g/t. Mineral Resources are as of December 31, 2023.
- Exploration potential: Seabee has successfully replaced gold reserves over the mine’s 30 year operating life. Current exploration programs are focused on new reserve growth at both Santoy and the Gap Hangingwall targets. In addition, the company is continuing to advance analysis and permitting to potentially support future mining at the Porky / Porky West area where mineralization has been identified over more than 2.5km of strike.
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, 2023 in Item 2 Properties of the Company's Annual Report. Mineral Resources are reported exclusive of Mineral Reserves.
February 13, 2024
December 12, 2022
December 02, 2021
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