SSR Mining Provides November 2018 Exploration Update
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SSR Mining Inc. Nov 06, 2018, 19:15 ET
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VANCOUVER, Nov. 6, 2018 /CNW/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) ("SSR Mining") provides an update on its exploration activities and results at its Marigold mine in Nevada, U.S., and Seabee Gold Operation in Saskatchewan, Canada for the period from August 1, 2017 to September 30, 2018 (the "Exploration Period").
Highlights:
At the Seabee Gold Operation, confirmation of a discovery at the Santoy Gap hanging wall ("HW") is expected to define new gold Mineral Resources when we report our Mineral Resources and Mineral Reserves estimates for year-end 2018. Drill results at Santoy Gap HW include:
Drillhole SUG-18-622 intersected 25.6 g/t gold over 4.1 meters true width; and
Drillhole SUG-18-612 intersected 12.3 g/t gold over 4.8 meters true width
Also at the Seabee Gold Operation, infill drilling at Santoy 8A is expected to convert Inferred Mineral Resources to the Indicated category when we report our Mineral Resources and Mineral Reserves estimates for year-end 2018. Drill results at Santoy 8A include:
Drillhole SUG-18-941 intersected 11.2 g/t gold over 18.5 meters true width; and
Drillhole SUG-18-943 intersected 14.1 g/t gold over 7.0 meters true width; and
Drillhole SUG-18-913 intersected 12.2 g/t gold over 7.0 meters true width. Infill drill results for the Red Dot area at the Marigold mine include:
Drillhole MRA6626 intersected 3.4 g/t gold over 71.6 meters intersected width, including 8.9 g/t gold over 25.9 meters intersected width; and
Drillhole MRA6647 intersected 1.2 g/t gold over 185.9 meters intersected width, including two higher grade intervals of 8.8 g/t gold over 6.1 meters, and 3.6 g/t gold over 32.0 meters.
Paul Benson, President and CEO said, "Our exploration investments at Seabee and Marigold continue to yield significant results. Importantly, results at Seabee continue to confirm the strong prospectivity and long-life nature of the Santoy mine. At Marigold we are also encouraged by results from drilling at Red Dot and Mackay, as we look to continue our long-term track record of replacing and growing reserves concurrent with the assessment of an expansion in mid-2019. Our exploration programs are a key driver of value and growth for our shareholders, and continue at full pace as we move into the end of the year."
Seabee Gold Operation, Canada
At the Seabee Gold Operation, total year to date diamond drilling includes 35,258 meters from underground in 104 holes and 15,390 meters from surface in 61 holes. Recent results increase confidence in the continuity of gold mineralization at Santoy Gap HW (see Figure 1). Drilling during the third quarter at Santoy Gap HW included results from 30 drill holes. These holes, along with exploration results since September 2017, have provided clarity to the controlling structure along with continued high grade gold intercepts. These are found on the footwall side of an S-folded attenuated granodiorite intrusion that dips and plunges in a similar manner to the Santoy Gap deposits. On the 46 level, as shown in Figures 2 and 3, this mineralized zone is located 100 meters from existing infrastructure, and can be accessed easily.
We expect this new discovery at Santoy Gap HW to contribute new, additional Mineral Resources when we report our Mineral Resources and Mineral Reserves estimates for year-end 2018.
At Santoy 8A we completed 72 holes in the Exploration Period towards converting Inferred Mineral Resources to Indicated Mineral Resources, and this work is on-going. Results to date have been positive and increase our confidence that the majority of the Santoy 8A area that we have drilled will be upgraded in classification providing additional Mineral Reserves at year-end 2018.
At the early-stage Fisher project our objective is to discover a new zone with Inferred Mineral Resource potential. Work during 2018 has comprised mapping, prospecting, soil and overburden sampling, and drilling of 18 holes for a total of 10,416 meters. Results from the prospecting and drilling have identified new gold bearing quartz vein shear zone exposures, while the first pass drill results have yielded anomalous gold results. The widespread nature of the gold occurrences at Fisher and their geologic similarities to the Seabee and Santoy mines reinforces our view of prospectivity of this extensive property package. Drilling is presently underway on these new targets.
Marigold mine, U.S.
At the Marigold mine, total year to date drilling includes 72,017 meters primarily focused on Red Dot and Mackay with the objective to convert Mineral Resources to Mineral Reserves. During the third quarter at Red Dot and Mackay, we received results from 44 holes that together with earlier drilling, increases our confidence that a portion of the Red Dot Inferred Mineral Resources will be upgraded at year-end 2018 (see Figures 4, 5 and 6). If the current Inferred Mineral Resources upgrade work is successful, the upgraded Mineral Resources will be subject to additional geotechnical drilling and engineering during the first half of 2019 with the goal of declaring a Mineral Reserve at Red Dot and also an updated mine plan by mid-year 2019.
Table 1. Selected drillhole results from Seabee Gold Operation, Saskatchewan, Canada for the Exploration Period.
Hole ID
| From
(meters)
| To
(meters)
| Mine E
(midpoint)1
| Mine N
(midpoint)1
| Elevation
(midpoint)1
| Gold
(g/t)2
| True
Width
(meters)
| Zone
| JOY-17-770
| 418.9
| 421.5
| 4760.5
| 5043.3
| -315.4
| 17.31
| 2.54
| 8A FW
| JOY-17-771
| 411
| 417.9
| 4774.4
| 5047.5
| -312.0
| 3.89
| 6.83
| 8A
| JOY-18-772
| 258.7
| 261.7
| 3695.2
| 4779.1
| -230.4
| 18.35
| 2.69
| 9A
| JOY-18-793
| 237.6
| 247.2
| 3794.5
| 4739.9
| -170.2
| 4.62
| 9.41
| 9A
| JOY-18-794
| 254.3
| 256.6
| 3797.0
| 4774.8
| -210.0
| 9.72
| 2.10
| 9A
| JOY-18-799
| 245.8
| 250.9
| 3767.1
| 4758.8
| -193.0
| 11.97
| 4.83
| 9A
| JOY-18-801
| 163.0
| 167.5
| 3860.9
| 4764.9
| -137.2
| 17.04
| 4.14
| 9B
| JOY-18-807
| 90.7
| 94.3
| 3852.8
| 4708.3
| -86.9
| 27.53
| 2.61
| 9C
| JOY-18-810
| 64.8
| 68.1
| 3899.8
| 4687.0
| -43.0
| 32.15
| 3.23
| 9C
| JOY-18-831
| 260.6
| 272.0
| 4296.7
| 5223.5
| -251.5
| 3.74
| 10.68
| HW
| SUG-17-046
| 188.4
| 191
| 3620.4
| 4982.4
| -421.5
| 21.66
| 1.21
| 9C
| SUG-17-048
| 185
| 196.6
| 3627.0
| 4969.4
| -417.9
| 3.47
| 6.09
| 9A
| SUG-17-049
| 142.9
| 148.4
| 3673.7
| 4992.2
| -433.1
| 5.94
| 3.47
| 9C
| SUG-17-050
| 144.7
| 148
| 3685.0
| 4989.7
| -450.4
| 14.77
| 2.43
| 9B
| SUG-17-052
| 229.1
| 231
| 3612.9
| 4921.1
| -378.3
| 27.28
| 0.84
| 9A
| SUG-17-058
| 215.0
| 218.1
| 3897.6
| 5094.1
| -569.1
| 37.64
| 1.86
| 9A
| SUG-17-600
| 312.1
| 323.6
| 4146.0
| 5240.7
| -391.5
| 4.39
| 7.47
| HW
| SUG-17-614
| 325.9
| 331.6
| 3897.7
| 5265.3
| -488.1
| 11.27
| 2.85
| HW
| SUG-17-923
| 468.4
| 473.3
| 4525.0
| 5325.2
| -605.9
| 24.00
| 2.14
| 8A
| SUG-17-926
| 713.8
| 720.0
| 4561.6
| 5442.1
| -821.2
| 12.46
| 2.21
| 8A
| SUG-18-605
| 261.0
| 270.0
| 4227.0
| 5283.1
| -322.0
| 6.31
| 8.49
| HW
| SUG-18-608
| 178.1
| 185.0
| 4174.4
| 5224.1
| -373.2
| 6.20
| 6.44
| HW
| SUG-18-609
| 233.7
| 250.5
| 4186.8
| 5289.7
| -377.5
| 3.73
| 12.92
| HW
| SUG-18-611
| 202.5
| 208.7
| 4138.1
| 5259.4
| -405.1
| 4.54
| 4.84
| HW
| SUG-18-612
| 216.4
| 228.2
| 4103.8
| 5274.6
| -447.8
| 12.32
| 4.82
| HW
| SUG-18-613
| 218.7
| 227.7
| 4073.3
| 5265.3
| -442.6
| 7.07
| 6.30
| HW
| SUG-18-622
| 228.2
| 235.5
| 4094.9
| 5287.5
| -445.2
| 25.60
| 4.10
| HW
| SUG-18-624
| 187.0
| 191.0
| 4105.3
| 5238.0
| -409.1
| 8.16
| 3.67
| HW
| SUG-18-625
| 204.3
| 215.5
| 4072.8
| 5251.8
| -432.2
| 7.82
| 8.14
| HW
| SUG-18-907
| 158.8
| 162.3
| 4261.7
| 5130.7
| -460.9
| 32.45
| 2.54
| 8A
| SUG-18-908
| 169.0
| 173.8
| 4286.6
| 5128.2
| -452.3
| 14.87
| 3.44
| 8A
| SUG-18-909
| 177.9
| 183.1
| 4317.1
| 5134.8
| -450.4
| 20.51
| 3.26
| 8A
| SUG-18-910
| 119.4
| 122.6
| 4256.7
| 5224.8
| -552.1
| 13.80
| 3.02
| 8A
| SUG-18-913
| 117.5
| 124.6
| 4238.9
| 5193.7
| -532.0
| 12.17
| 7.04
| 8A
| SUG-18-926
| 128.5
| 131.1
| 4262.7
| 5174.6
| -497.4
| 17.61
| 2.28
| 8A
| SUG-18-927
| 208.2
| 213.9
| 4292.1
| 5094.0
| -420.9
| 9.12
| 3.36
| 8A
| SUG-18-928
| 122.2
| 125.2
| 4270.0
| 5220.5
| -541.6
| 15.56
| 2.73
| 8A
| SUG-18-930
| 148.7
| 154.5
| 4315.7
| 5192.5
| -511.5
| 13.57
| 4.54
| 8A
| SUG-18-931
| 140.8
| 150.7
| 4305.2
| 5223.3
| -546.2
| 3.20
| 8.10
| 8A
| SUG-18-933
| 133.9
| 142.1
| 4284.6
| 5244.8
| -563.8
| 4.86
| 6.80
| 8A
| SUG-18-935
| 181.7
| 194.1
| 4366.9
| 5225.9
| -539.6
| 4.01
| 7.75
| 8A
| SUG-18-937
| 176.3
| 186.8
| 4350.6
| 5240.0
| -560.4
| 3.28
| 7.27
| 8A
| SUG-18-938
| 213.8
| 223.6
| 4395.5
| 5249.9
| -565.1
| 13.23
| 5.67
| 8A
| SUG-18-940
| 168.1
| 185.5
| 4328.6
| 5262.1
| -583.7
| 3.44
| 11.78
| 8A
| SUG-18-941
| 148.4
| 173.1
| 4296.1
| 5266.4
| -589.4
| 11.20
| 18.52
| 8A
| SUG-18-943
| 151.2
| 160.6
| 4311.9
| 5172.9
| -490.7
| 14.09
| 7.04
| 8A
| SUG-18-950
| 153.9
| 160.3
| 4331.5
| 5221.6
| -539.6
| 7.69
| 4.79
| 8A
| SUG-18-951
| 245.7
| 255.1
| 4443.4
| 5210.9
| -526.2
| 10.42
| 4.47
| 8A
| SUG-18-954
| 204.7
| 210.1
| 4362.3
| 5279.1
| -604.1
| 11.63
| 3.34
| 8A
| SUG-18-955
| 193.0
| 202.3
| 4331.3
| 5283.8
| -617.0
| 12.49
| 6.32
| 8A
| SUG-18-956
| 270.8
| 284.2
| 4423.4
| 5302.1
| -641.4
| 3.97
| 6.65
| 8A
| SUG-18-958
| 174.1
| 184.0
| 4280.8
| 5292.7
| -622.5
| 8.48
| 6.82
| 8A
|
| Notes: Drillholes presented in this table have gram-meter product greater than 20.
| 1
| Midpoints of the intercept determined where mineralized structure intersected.
| 2
| Gold values cut to 75 g/t.
|
Table 2. Selected drillhole results from the Marigold mine, Nevada, U.S. for the Exploration Period.
Hole ID
| From
(meters)
| To
(meters)
| Width
(meters)
| Gold
(g/t)
| Area
| MR6496
| 173.7
| 259.1
| 85.3
| 0.28
| Valmy Pit
| MRA6508
| 303.3
| 342.9
| 39.6
| 0.71
| Red Dot
| MRA6510
| 374.9
| 408.4
| 33.5
| 0.64
| Red Dot
| MRA6512
| 301.8
| 352.0
| 50.3
| 0.95
| Red Dot
| MR6515
| 172.2
| 210.3
| 38.1
| 0.71
| Valmy Pit
| (and)
| 231.6
| 268.2
| 36.6
| 0.70
|
| MR6517
| 269.7
| 317.0
| 47.2
| 0.79
| Mackay Pit
| MRA6523
| 262.1
| 283.5
| 21.3
| 1.85
| Mackay Pit
| MRA6526
| 243.8
| 259.1
| 15.2
| 1.55
| Mackay Pit
| MRA6527
| 85.3
| 149.4
| 64.0
| 0.50
| Mackay Pit
| MRA6533
| 67.1
| 147.8
| 80.8
| 0.33
| Mackay Pit
| MR6540
| 195.1
| 216.4
| 21.3
| 1.49
| Valmy Pit
| MRA6545
| 161.5
| 199.6
| 38.1
| 0.87
| East Basalt
| MRA6546
| 204.2
| 224.0
| 19.8
| 1.06
| East Basalt
| MRA6558
| 135.6
| 195.1
| 59.4
| 0.84
| East Basalt
| MRA6563
| 269.7
| 358.1
| 88.4
| 1.09
| Red Dot
| (and)
| 361.2
| 381.0
| 19.8
| 2.97
|
| (including)
| 361.2
| 376.4
| 15.2
| 3.73
|
| MRA6564
| 213.4
| 365.8
| 152.4
| 0.61
| Red Dot
| MRA6565
| 94.5
| 150.9
| 56.4
| 0.37
| East Basalt
| MRA6570
| 269.7
| 291.1
| 21.3
| 1.13
| East Basalt
| MRA6572
| 274.3
| 335.3
| 61.0
| 0.83
| Red Dot
| (and)
| 344.4
| 419.1
| 74.7
| 1.28
|
| (including)
| 362.7
| 390.1
| 27.4
| 2.82
|
| MRA6573
| 234.7
| 265.2
| 30.5
| 1.11
| East Basalt
| MRA6575
| 281.9
| 303.3
| 21.3
| 1.87
| Mackay Pit
| MRA6577
| 65.5
| 89.9
| 24.4
| 2.76
| East Basalt
| (including)
| 67.1
| 74.7
| 7.6
| 7.33
|
| (and)
| 254.5
| 336.8
| 82.3
| 1.47
|
| (including)
| 257.6
| 288.0
| 30.5
| 3.51
|
| MRA6578
| 275.8
| 303.3
| 27.4
| 1.69
| Red Dot
| MRA6580
| 149.4
| 275.8
| 126.5
| 0.69
| Mackay Pit
| MRA6585
| 263.7
| 298.7
| 35.1
| 1.54
| Mackay Pit
| MRA6586
| 192.0
| 224.0
| 32.0
| 1.02
| East Basalt
| MRA6589
| 306.3
| 382.5
| 76.2
| 0.52
| Red Dot
| MRA6590
| 292.6
| 304.8
| 12.2
| 2.73
| Red Dot
| (and)
| 320.0
| 358.1
| 38.1
| 0.75
|
| MRA6594
| 27.4
| 253.0
| 225.6
| 0.20
| Mackay Pit
| (and)
| 195.1
| 228.6
| 33.5
| 0.72
|
| MRA6595
| 196.6
| 268.2
| 71.6
| 0.38
| Mackay Pit
| MRA6596
| 217.9
| 266.7
| 48.8
| 0.89
| Red Dot
| (and)
| 312.4
| 364.2
| 51.8
| 0.42
|
| MRA6599
| 251.5
| 283.5
| 32.0
| 1.78
| Mackay Pit
| (including)
| 259.1
| 271.3
| 12.2
| 4.03
|
| MRA6600
| 257.6
| 301.8
| 44.2
| 0.71
| Red Dot
| MRA6603
| 271.3
| 381.0
| 109.7
| 0.77
| Red Dot
| MRA6610
| 329.2
| 432.8
| 103.6
| 0.47
| Red Dot
| MRA6612
| 344.4
| 367.3
| 22.9
| 4.61
| Mackay Pit
| MRA6616
| 324.6
| 364.2
| 39.6
| 0.61
| Mackay Pit
| MRA6619
| 256.0
| 309.4
| 53.3
| 0.46
| Red Dot
| MRA6620
| 185.9
| 219.5
| 33.5
| 2.28
| Red Dot
| (including)
| 193.5
| 219.5
| 25.9
| 2.90
|
| MRA6621
| 310.9
| 323.1
| 12.2
| 1.83
| Red Dot
| (and)
| 333.8
| 367.3
| 33.5
| 0.93
|
| MRA6625
| 224.0
| 335.3
| 111.3
| 0.76
| Red Dot
| MRA6626
| 256.0
| 327.7
| 71.6
| 3.42
| Red Dot
| (including)
| 269.7
| 295.7
| 25.9
| 8.90
|
| MRA6627
| 242.3
| 307.8
| 65.5
| 0.87
| Red Dot
| MRA6628
| 242.3
| 275.8
| 33.5
| 0.89
| Red Dot
| MRA6632
| 294.1
| 338.3
| 44.2
| 0.61
| Red Dot
| MRA6633
| 109.7
| 141.7
| 32.0
| 0.91
| Mackay Pit
| MRA6635
| 213.4
| 236.2
| 22.9
| 1.00
| Red Dot
| MRA6637
| 214.9
| 246.9
| 32.0
| 1.11
| Mackay Pit
| MRA6638
| 123.4
| 196.6
| 73.2
| 0.49
| Mackay Pit
| MRA6639
| 234.7
| 394.7
| 160.0
| 1.00
| Red Dot
| (including)
| 274.3
| 297.2
| 22.9
| 4.88
|
| MRA6641
| 304.8
| 349.0
| 44.2
| 1.77
| Red Dot
| (including)
| 304.8
| 336.8
| 32.0
| 2.15
|
| MRA6642
| 301.8
| 367.3
| 65.5
| 1.22
| Red Dot
| MRA6644
| 321.6
| 396.2
| 74.7
| 0.80
| Red Dot
| MRA6645
| 275.8
| 300.2
| 24.4
| 1.45
| Red Dot
| (and)
| 315.5
| 350.5
| 35.1
| 0.86
|
| MRA6646
| 271.3
| 356.6
| 85.3
| 0.73
| Red Dot
| MRA6647
| 213.4
| 399.3
| 185.9
| 1.23
| Red Dot
| (including)
| 268.2
| 274.3
| 6.1
| 8.83
|
| (including)
| 283.5
| 315.5
| 32.0
| 3.63
|
| MRA6650
| 329.2
| 362.7
| 33.5
| 0.61
| Red Dot
| MRA6651
| 245.4
| 277.4
| 32.0
| 0.67
| Red Dot
| MRA6652
| 211.8
| 356.6
| 144.8
| 0.70
| Red Dot
| MRA6653
| 275.8
| 326.1
| 50.3
| 0.90
| Red Dot
| (and)
| 335.3
| 374.9
| 39.6
| 0.56
|
| MRA6654
| 266.7
| 294.1
| 27.4
| 0.89
| Red Dot
| MRA6656
| 239.3
| 268.2
| 29.0
| 1.04
| Red Dot
| (and)
| 285.0
| 353.6
| 68.6
| 1.61
|
| (including)
| 313.9
| 329.2
| 15.2
| 4.33
|
| MRA6658
| 310.9
| 355.1
| 44.2
| 0.76
| Red Dot
| MRA6660
| 272.8
| 329.2
| 56.4
| 0.98
| Red Dot
| (and)
| 329.2
| 413.0
| 83.8
| 0.27
|
| MRA6661
| 291.1
| 344.4
| 53.3
| 1.44
| Red Dot
| (including)
| 297.2
| 309.4
| 12.2
| 3.62
|
| MRA6667
| 320.0
| 349.0
| 29.0
| 0.86
| Red Dot
| MRA6669
| 333.8
| 367.3
| 33.5
| 3.16
| Red Dot
| (including)
| 335.3
| 355.1
| 19.8
| 4.97
|
| MRA6670
| 275.8
| 338.3
| 62.5
| 0.56
| Red Dot
| MRA6676
| 118.9
| 149.4
| 30.5
| 1.72
| Mackay Pit
| (including)
| 120.4
| 132.6
| 12.2
| 4.02
|
| MRA6679
| 111.3
| 138.7
| 27.4
| 1.68
| Mackay Pit
| MRA6683
| 291.1
| 339.9
| 48.8
| 1.05
| Red Dot
| MRA6685
| 228.6
| 248.4
| 19.8
| 1.24
| Red Dot
| MRA6686
| 189.0
| 249.9
| 61.0
| 0.41
| Red Dot
| MRA6690
| 231.6
| 393.2
| 161.5
| 0.70
| Red Dot
| MRA6691
| 260.6
| 303.3
| 42.7
| 0.66
| Red Dot
| MRA6692
| 260.6
| 332.2
| 71.6
| 1.31
| Red Dot
| (including)
| 285.0
| 304.8
| 19.8
| 3.13
|
| MRA6694
| 271.3
| 294.1
| 22.9
| 1.59
| Red Dot
| (and)
| 294.1
| 364.2
| 70.1
| 0.74
|
| MRA6699
| 143.3
| 181.4
| 38.1
| 0.60
| Mackay Pit
| MRA6704
| 309.4
| 365.8
| 56.4
| 0.38
| Red Dot
| MRA6707
| 71.6
| 155.4
| 83.8
| 0.33
| Mackay Pit
| MRA6711
| 330.7
| 428.2
| 97.5
| 0.32
| Red Dot
| MRA6713
| 339.9
| 393.2
| 53.3
| 0.49
| Red Dot
| MRA6714
| 266.7
| 303.3
| 36.6
| 0.58
| Red Dot
| MRA6717
| 256.0
| 307.8
| 51.8
| 0.77
| Red Dot
| MRA6722
| 376.4
| 413.0
| 36.6
| 0.68
| Red Dot
| MRA6723
| 341.4
| 425.2
| 83.8
| 0.49
| Red Dot
| MRA6728
| 257.6
| 300.2
| 42.7
| 0.64
| Red Dot
| (and)
| 309.4
| 382.5
| 73.2
| 0.32
|
| MRA6729
| 256.0
| 280.4
| 24.4
| 1.82
| Red Dot
| MRA6730
| 172.2
| 208.8
| 36.6
| 1.48
| Mackay Pit
| (including)
| 182.9
| 189.0
| 6.1
| 7.21
|
| MR6731
| 149.4
| 161.5
| 12.2
| 2.00
| Mackay Pit
| MRA6732
| 117.3
| 143.3
| 25.9
| 0.94
| Mackay Pit
| MRA6733
| 327.7
| 339.9
| 12.2
| 1.72
| Red Dot
| MRA6734
| 289.6
| 353.6
| 64.0
| 0.49
| Red Dot
| MRA6738
| 312.4
| 315.5
| 3.0
| 6.56
| Red Dot
| (and)
| 364.2
| 393.2
| 29.0
| 0.87
|
| MRA6740
| 390.1
| 417.6
| 27.4
| 1.10
| Red Dot
| MRA6743
| 117.3
| 179.8
| 62.5
| 1.45
| Mackay Pit
| (including)
| 118.9
| 129.5
| 10.7
| 6.82
|
| MRA6744
| 102.1
| 144.8
| 42.7
| 0.79
| Mackay Pit
| MRA6747
| 214.9
| 379.5
| 164.6
| 0.55
| Red Dot
| MRA6749
| 268.2
| 283.5
| 15.2
| 1.41
| Red Dot
| MRA6751
| 268.2
| 310.9
| 42.7
| 0.74
| Red Dot
| MRA6758
| 260.6
| 414.5
| 153.9
| 0.45
| Red Dot
| MRA6765
| 243.8
| 309.4
| 65.5
| 0.40
| Red Dot
| MRA6771
| 204.2
| 211.8
| 7.6
| 6.59
| Mackay Pit
| MRA6772
| 53.3
| 76.2
| 22.9
| 1.20
| Mackay Pit
| MRA6775
| 210.3
| 315.5
| 105.2
| 0.67
| Red Dot
|
Notes: Width in meters represents downhole intersected length, which may or may not be a true thickness of the mineralization. Drillholes presented in this table have gram-meter product greater than 20.
|
Table 3. Collar locations from the 2018 exploration drill programs at the Marigold mine, Nevada, U.S. for the Exploration Period.
HOLE ID
| UTM-N
(Nad27
Zone11)
| UTM-E
(Nad27
Zone11)
| Elevation
(masl)
| Azimuth
(deg.)
| Dip
(deg.)
| Length
(meters)
| Area
| MR6496
| 4504346
| 487089
| 1926
| 120
| -89
| 367
| Valmy Pit
| MRA6508
| 4507547
| 485065
| 1590
| 84
| -69
| 343
| Red Dot
| MRA6509
| 4508072
| 484747
| 1586
| 87
| -70
| 428
| Red Dot
| MRA6510
| 4508035
| 484765
| 1589
| 90
| -75
| 428
| Red Dot
| MRA6511
| 4508127
| 484793
| 1580
| 90
| -74
| 428
| Red Dot
| MRA6512
| 4508157
| 484800
| 1579
| 91
| -74
| 428
| Red Dot
| MR6514
| 4504347
| 487140
| 1924
| 225
| -90
| 396
| Valmy Pit
| MR6515
| 4504348
| 487116
| 1925
| 127
| -89
| 379
| Valmy Pit
| MR6516
| 4504316
| 487085
| 1940
| 346
| -90
| 386
| Valmy Pit
| MR6517
| 4507274
| 485067
| 1604
| 64
| -89
| 392
| Mackay Pit
| MRA6518
| 4508096
| 484835
| 1580
| 97
| -75
| 367
| Red Dot
| MRA6519
| 4503531
| 487799
| 2117
| 307
| -71
| 274
| Hollow Point
| MRA6520
| 4503399
| 487444
| 2060
| 132
| -70
| 386
| Hollow Point
| MRA6521
| 4503730
| 487774
| 2086
| 268
| -51
| 221
| Hollow Point
| MRA6522
| 4503677
| 487777
| 2095
| 269
| -49
| 325
| Hollow Point
| MRA6523
| 4507249
| 485061
| 1604
| 88
| -56
| 383
| Mackay Pit
| MRA6524
| 4503799
| 487737
| 2075
| 265
| -51
| 171
| Hollow Point
| MRA6525
| 4507274
| 485067
| 1604
| 86
| -76
| 386
| Mackay Pit
| MRA6526
| 4507274
| 485068
| 1604
| 89
| -51
| 367
| Mackay Pit
| MRA6527
| 4507155
| 485224
| 1508
| 272
| -88
| 200
| Mackay Pit
| MRA6528
| 4503469
| 485984
| 1860
| 81
| -76
| 337
| East Basalt
| MRA6529
| 4503674
| 487710
| 2093
| 269
| -49
| 305
| Hollow Point
| MRA6530
| 4503585
| 487288
| 2030
| 270
| -65
| 264
| Hollow Point
| MRA6531
| 4503647
| 485912
| 1862
| 274
| -56
| 367
| East Basalt
| MRA6532
| 4503312
| 487288
| 2048
| 265
| -66
| 270
| Hollow Point
| MRA6533
| 4507059
| 485201
| 1498
| 88
| -64
| 184
| Mackay Pit
| MR6534
| 4504744
| 487111
| 1852
| 100
| -89
| 215
| Valmy Pit
| MRA6535
| 4504680
| 487146
| 1852
| 92
| -71
| 215
| Valmy Pit
| MRA6536
| 4507089
| 485327
| 1455
| 89
| -54
| 123
| Mackay Pit
| MRA6537
| 4507029
| 485282
| 1455
| 90
| -45
| 123
| Mackay Pit
| MRA6538
| 4506973
| 485222
| 1489
| 86
| -87
| 184
| Mackay Pit
| MR6539
| 4504861
| 487200
| 1859
| 220
| -89
| 245
| Valmy Pit
| MR6540
| 4504350
| 487233
| 1902
| 302
| -90
| 322
| Valmy Pit
| MR6541
| 4504350
| 486998
| 1916
| 184
| -89
| 306
| Valmy Pit
| MR6542
| 4504102
| 486152
| 1886
| 72
| -89
| 306
| Show Down
| MR6543
| 4504321
| 486372
| 1849
| 214
| -88
| 337
| Show Down
| MRA6544
| 4503554
| 485880
| 1840
| 270
| -62
| 337
| East Basalt
| MRA6545
| 4503526
| 485862
| 1835
| 268
| -78
| 276
| East Basalt
| MRA6546
| 4503431
| 485887
| 1848
| 81
| -75
| 337
| East Basalt
| MRA6547
| 4503405
| 485876
| 1850
| 270
| -70
| 306
| East Basalt
| MRA6548
| 4503340
| 485895
| 1867
| 271
| -76
| 276
| East Basalt
| MRA6549
| 4503372
| 485890
| 1861
| 267
| -75
| 337
| East Basalt
| MRA6550
| 4503406
| 485879
| 1850
| 90
| -75
| 227
| East Basalt
| MR6551
| 4503490
| 485971
| 1853
| 206
| -90
| 276
| East Basalt
| MR6552
| 4503557
| 485920
| 1833
| 119
| -89
| 337
| East Basalt
| MR6553
| 4504652
| 486414
| 1875
| 55
| -89
| 337
| Show Down
| MR6554
| 4504557
| 486623
| 1891
| 132
| -90
| 337
| Show Down
| MR6555
| 4504439
| 486546
| 1875
| 125
| -88
| 337
| Show Down
| MR6556
| 4504464
| 486538
| 1877
| 59
| -90
| 337
| Show Down
| MR6557
| 4503800
| 486518
| 1931
| 16
| -89
| 337
| Show Down
| MRA6558
| 4503219
| 485770
| 1796
| 83
| -49
| 337
| East Basalt
| MRA6559
| 4503190
| 485715
| 1801
| 87
| -56
| 276
| East Basalt
| MRA6560
| 4503038
| 485728
| 1857
| 86
| -49
| 367
| East Basalt
| MRA6561
| 4507791
| 484997
| 1574
| 270
| -80
| 393
| Red Dot
| MRA6562
| 4507823
| 484945
| 1573
| 89
| -80
| 245
| Red Dot
| MRA6563
| 4507666
| 484779
| 1590
| 89
| -83
| 428
| Red Dot
| MRA6564
| 4507667
| 484779
| 1590
| 91
| -75
| 413
| Red Dot
| MRA6565
| 4503463
| 485846
| 1832
| 267
| -62
| 367
| East Basalt
| MRA6566
| 4507820
| 484941
| 1572
| 86
| -76
| 392
| Red Dot
| MR6567
| 4503532
| 485941
| 1836
| 70
| -89
| 337
| East Basalt
| MRA6568
| 4503613
| 485942
| 1851
| 259
| -75
| 337
| East Basalt
| MRA6569
| 4503614
| 485940
| 1852
| 260
| -66
| 367
| East Basalt
| MRA6570
| 4503613
| 485941
| 1851
| 261
| -54
| 367
| East Basalt
| MRA6571
| 4503586
| 485994
| 1845
| 87
| -76
| 276
| East Basalt
| MRA6572
| 4507728
| 484757
| 1605
| 84
| -80
| 443
| Red Dot
| MRA6573
| 4503584
| 485929
| 1843
| 88
| -74
| 322
| East Basalt
| MRA6574
| 4507728
| 484757
| 1605
| 86
| -66
| 410
| Red Dot
| MRA6575
| 4507975
| 485272
| 1600
| 270
| -75
| 367
| Mackay Pit
| MR6576
| 4503613
| 485941
| 1851
| 200
| -89
| 337
| East Basalt
| MRA6577
| 4503612
| 485943
| 1851
| 87
| -75
| 337
| East Basalt
| MRA6578
| 4507517
| 484934
| 1582
| 86
| -63
| 383
| Red Dot
| MRA6579
| 4507487
| 485320
| 1645
| 89
| -72
| 291
| Mackay Pit
| MRA6580
| 4507487
| 485321
| 1645
| 89
| -59
| 276
| Mackay Pit
| MRA6581
| 4503547
| 485961
| 1839
| 88
| -80
| 352
| East Basalt
| MRA6582
| 4508004
| 485360
| 1615
| 91
| -84
| 306
| Mackay Pit
| MRA6583
| 4508004
| 485362
| 1615
| 90
| -51
| 276
| Mackay Pit
| MRA6584
| 4508036
| 485332
| 1615
| 277
| -73
| 337
| Mackay Pit
| MRA6585
| 4508036
| 485331
| 1614
| 265
| -56
| 367
| Mackay Pit
| MRA6586
| 4503556
| 485882
| 1842
| 270
| -82
| 276
| East Basalt
| MRA6587
| 4508069
| 485316
| 1606
| 95
| -80
| 230
| Mackay Pit
| MRA6588
| 4508069
| 485317
| 1606
| 92
| -56
| 200
| Mackay Pit
| MRA6589
| 4507364
| 484913
| 1589
| 84
| -80
| 383
| Red Dot
| MRA6590
| 4507517
| 484934
| 1582
| 85
| -81
| 383
| Red Dot
| MRA6591
| 4507730
| 485285
| 1614
| 88
| -76
| 322
| Mackay Pit
| MR6592
| 4507728
| 485223
| 1615
| 131
| -90
| 276
| Mackay Pit
| MRA6593
| 4507487
| 484950
| 1585
| 86
| -73
| 367
| Red Dot
| MRA6594
| 4507699
| 485226
| 1614
| 96
| -78
| 285
| Mackay Pit
| MRA6595
| 4507699
| 485228
| 1614
| 95
| -50
| 367
| Mackay Pit
| MRA6596
| 4507334
| 484916
| 1590
| 81
| -81
| 398
| Red Dot
| MRA6597
| 4508066
| 485281
| 1607
| 319
| -83
| 306
| Mackay Pit
| MRA6598
| 4508067
| 485284
| 1607
| 58
| -71
| 322
| Mackay Pit
| MRA6599
| 4508004
| 485258
| 1607
| 276
| -85
| 398
| Mackay Pit
| MRA6600
| 4507182
| 484857
| 1592
| 83
| -63
| 443
| Red Dot
| MRA6601
| 4507334
| 484917
| 1590
| 86
| -73
| 398
| Red Dot
| MRA6602
| 4507485
| 484753
| 1593
| 82
| -73
| 398
| Red Dot
| MRA6603
| 4507213
| 484924
| 1595
| 79
| -86
| 413
| Red Dot
| MRA6604
| 4507546
| 485008
| 1585
| 84
| -63
| 383
| Red Dot
| MRA6605
| 4507211
| 485054
| 1606
| 79
| -69
| 367
| Red Dot
| MRA6606
| 4507516
| 484673
| 1600
| 88
| -75
| 428
| Red Dot
| MRA6607
| 4507516
| 484718
| 1598
| 86
| -65
| 419
| Red Dot
| MRA6608
| 4507945
| 485275
| 1599
| 266
| -84
| 337
| Mackay Pit
| MRA6609
| 4507547
| 484661
| 1599
| 87
| -74
| 386
| Red Dot
| MRA6610
| 4507547
| 484660
| 1599
| 87
| -56
| 443
| Red Dot
| MRA6611
| 4507517
| 484503
| 1615
| 86
| -74
| 413
| Red Dot
| MRA6612
| 4507945
| 485275
| 1599
| 269
| -66
| 367
| Mackay Pit
| MRA6613
| 4507945
| 485275
| 1600
| 84
| -73
| 306
| Mackay Pit
| MR6614
| 4507975
| 485273
| 1600
| 205
| -89
| 306
| Mackay Pit
| MRA6615
| 4507975
| 485272
| 1600
| 89
| -77
| 306
| Mackay Pit
| MRA6616
| 4508005
| 485256
| 1599
| 267
| -73
| 398
| Mackay Pit
| MRA6617
| 4507177
| 484991
| 1601
| 82
| -65
| 367
| Red Dot
| MRA6618
| 4507485
| 484591
| 1609
| 88
| -74
| 459
| Red Dot
| MRA6619
| 4507239
| 484946
| 1594
| 89
| -86
| 398
| Red Dot
| MRA6620
| 4507239
| 484946
| 1594
| 80
| -72
| 245
| Red Dot
| MRA6621
| 4507486
| 484869
| 1582
| 88
| -80
| 367
| Red Dot
| MRA6622
| 4507485
| 484591
| 1609
| 86
| -65
| 459
| Red Dot
| MRA6623
| 4507553
| 484568
| 1604
| 86
| -76
| 459
| Red Dot
| MR6624
| 4507181
| 484712
| 1600
| 167
| -90
| 443
| Red Dot
| MRA6625
| 4507181
| 484713
| 1599
| 86
| -80
| 443
| Red Dot
| MRA6626
| 4507181
| 484757
| 1591
| 85
| -80
| 443
| Red Dot
| MRA6627
| 4507181
| 484758
| 1591
| 84
| -70
| 443
| Red Dot
| MRA6628
| 4507517
| 485130
| 1599
| 86
| -65
| 352
| Red Dot
| MRA6629
| 4507577
| 485335
| 1645
| 89
| -71
| 293
| Mackay Pit
| MRA6630
| 4507242
| 484631
| 1605
| 82
| -80
| 425
| Red Dot
| MRA6631
| 4507212
| 484639
| 1603
| 89
| -86
| 428
| Red Dot
| MRA6632
| 4507211
| 484639
| 1603
| 86
| -80
| 425
| Red Dot
| MRA6633
| 4507577
| 485337
| 1645
| 92
| -46
| 276
| Mackay Pit
| MRA6634
| 4507517
| 485131
| 1600
| 87
| -59
| 352
| Red Dot
| MRA6635
| 4507517
| 485131
| 1599
| 84
| -45
| 352
| Red Dot
| MRA6636
| 4507604
| 485326
| 1645
| 87
| -70
| 276
| Mackay Pit
| MRA6637
| 4507604
| 485327
| 1645
| 84
| -58
| 306
| Mackay Pit
| MRA6638
| 4507604
| 485328
| 1645
| 84
| -44
| 317
| Mackay Pit
| MRA6639
| 4507211
| 484704
| 1595
| 89
| -80
| 428
| Red Dot
| MRA6640
| 4507486
| 485114
| 1597
| 84
| -73
| 367
| Red Dot
| MRA6641
| 4507486
| 484870
| 1582
| 84
| -73
| 367
| Red Dot
| MRA6642
| 4507486
| 485114
| 1597
| 85
| -67
| 367
| Red Dot
| MRA6643
| 4507211
| 484820
| 1591
| 89
| -80
| 413
| Red Dot
| MRA6644
| 4507242
| 484852
| 1590
| 83
| -86
| 421
| Red Dot
| MRA6645
| 4507273
| 484670
| 1601
| 83
| -79
| 443
| Red Dot
| MRA6646
| 4507120
| 484889
| 1596
| 83
| -73
| 398
| Red Dot
| MRA6647
| 4507242
| 484748
| 1590
| 84
| -82
| 413
| Red Dot
| MRA6648
| 4507397
| 484742
| 1591
| 86
| -84
| 428
| Red Dot
| MRA6649
| 4507397
| 484743
| 1591
| 87
| -76
| 422
| Red Dot
| MRA6650
| 4507455
| 484876
| 1584
| 87
| -69
| 383
| Red Dot
| MRA6651
| 4507394
| 485101
| 1603
| 84
| -71
| 337
| Red Dot
| MRA6652
| 4507273
| 484783
| 1589
| 88
| -86
| 413
| Red Dot
| MRA6653
| 4507273
| 484784
| 1589
| 85
| -71
| 422
| Red Dot
| MRA6654
| 4507424
| 485101
| 1598
| 84
| -74
| 367
| Red Dot
| MRA6655
| 4507304
| 484766
| 1588
| 87
| -76
| 334
| Red Dot
| MRA6656
| 4507457
| 484751
| 1591
| 85
| -79
| 398
| Red Dot
| MRA6657
| 4507457
| 484752
| 1591
| 84
| -72
| 404
| Red Dot
| MRA6658
| 4507426
| 484660
| 1600
| 85
| -79
| 459
| Red Dot
| MRA6660
| 4507333
| 484715
| 1596
| 85
| -75
| 413
| Red Dot
| MRA6661
| 4507551
| 484908
| 1581
| 81
| -81
| 352
| Red Dot
| MRA6662
| 4507551
| 484909
| 1581
| 84
| -61
| 396
| Red Dot
| MR6663
| 4507760
| 485222
| 1584
| 242
| -90
| 393
| Mackay Pit
| MRA6664
| 4507760
| 485223
| 1584
| 89
| -77
| 375
| Mackay Pit
| MRA6665
| 4507273
| 485005
| 1598
| 87
| -80
| 367
| Red Dot
| MRA6666
| 4507121
| 484650
| 1604
| 86
| -75
| 447
| Red Dot
| MRA6667
| 4507121
| 484650
| 1604
| 84
| -66
| 454
| Red Dot
| MRA6668
| 4507059
| 484724
| 1595
| 85
| -75
| 413
| Red Dot
| MRA6669
| 4507423
| 484891
| 1585
| 82
| -78
| 367
| Red Dot
| MRA6670
| 4507361
| 485028
| 1596
| 85
| -81
| 367
| Red Dot
| MR6671
| 4508098
| 485460
| 1585
| 211
| -89
| 261
| Mackay Pit
| MRA6672
| 4508126
| 485481
| 1585
| 91
| -75
| 276
| Mackay Pit
| MRA6673
| 4508095
| 485480
| 1585
| 90
| -55
| 261
| Mackay Pit
| MRA6674
| 4507453
| 484977
| 1587
| 83
| -75
| 383
| Red Dot
| MRA6675
| 4507452
| 485073
| 1595
| 83
| -69
| 367
| Red Dot
| MRA6676
| 4507822
| 485565
| 1554
| 85
| -65
| 230
| Mackay Pit
| MRA6677
| 4507855
| 485547
| 1559
| 89
| -64
| 215
| Mackay Pit
| MRA6678
| 4507855
| 485546
| 1559
| 81
| -79
| 215
| Mackay Pit
| MRA6679
| 4507882
| 485542
| 1560
| 89
| -76
| 215
| Mackay Pit
| MRA6680
| 4507882
| 485542
| 1560
| 91
| -61
| 230
| Mackay Pit
| MRA6681
| 4507884
| 485557
| 1560
| 90
| -49
| 215
| Mackay Pit
| MRA6682
| 4507578
| 484690
| 1595
| 87
| -82
| 428
| Red Dot
| MRA6683
| 4507578
| 484690
| 1594
| 80
| -73
| 428
| Red Dot
| MRA6684
| 4507577
| 485111
| 1593
| 82
| -66
| 337
| Red Dot
| MRA6685
| 4507577
| 485112
| 1593
| 83
| -57
| 337
| Red Dot
| MRA6686
| 4507459
| 485143
| 1603
| 88
| -66
| 344
| Red Dot
| MRA6687
| 4507459
| 485143
| 1603
| 86
| -57
| 337
| Red Dot
| MRA6688
| 4507459
| 485144
| 1603
| 85
| -47
| 349
| Red Dot
| MRA6689
| 4507546
| 485062
| 1590
| 79
| -78
| 398
| Red Dot
| MRA6690
| 4507212
| 484807
| 1591
| 86
| -80
| 428
| Red Dot
| MRA6691
| 4507151
| 484818
| 1592
| 87
| -73
| 428
| Red Dot
| MRA6692
| 4507242
| 484686
| 1602
| 87
| -75
| 404
| Red Dot
| MRA6693
| 4507547
| 484852
| 1580
| 84
| -76
| 383
| Red Dot
| MRA6694
| 4507180
| 484793
| 1592
| 81
| -74
| 428
| Red Dot
| MRA6695
| 4507303
| 484953
| 1592
| 87
| -65
| 383
| Red Dot
| MRA6696
| 4507238
| 485801
| 1612
| 94
| -55
| 343
| Mackay Pit
| MRA6697
| 4507333
| 485023
| 1595
| 87
| -76
| 367
| Red Dot
| MR6698
| 4507300
| 485932
| 1609
| 259
| -89
| 288
| Mackay Pit
| MRA6699
| 4507608
| 485945
| 1603
| 267
| -80
| 245
| Mackay Pit
| MRA6700
| 4507302
| 484862
| 1588
| 86
| -74
| 398
| Red Dot
| MRA6701
| 4507608
| 485305
| 1645
| 84
| -86
| 340
| Mackay Pit
| MR6702
| 4507577
| 485391
| 1644
| 70
| -89
| 337
| Mackay Pit
| MRA6703
| 4507639
| 485359
| 1638
| 89
| -60
| 337
| Mackay Pit
| MRA6704
| 4507212
| 484949
| 1596
| 97
| -80
| 366
| Red Dot
| MRA6705
| 4507577
| 484590
| 1601
| 83
| -85
| 367
| Red Dot
| MRA6706
| 4507974
| 485204
| 1587
| 86
| -80
| 383
| Mackay Pit
| MRA6707
| 4507944
| 485205
| 1587
| 269
| -80
| 413
| Mackay Pit
| MRA6708
| 4507151
| 484820
| 1593
| 84
| -55
| 428
| Red Dot
| MRA6709
| 4507580
| 484589
| 1602
| 84
| -79
| 428
| Red Dot
| MRA6710
| 4507060
| 484646
| 1609
| 84
| -76
| 413
| Red Dot
| MRA6711
| 4507303
| 484614
| 1604
| 83
| -77
| 428
| Red Dot
| MRA6712
| 4507395
| 484969
| 1589
| 80
| -80
| 360
| Red Dot
| MRA6713
| 4507335
| 484595
| 1605
| 86
| -71
| 459
| Red Dot
| MRA6714
| 4507365
| 484839
| 1586
| 84
| -82
| 386
| Red Dot
| MRA6715
| 4507389
| 484636
| 1598
| 82
| -79
| 349
| Red Dot
| MRA6716
| 4507273
| 484667
| 1601
| 81
| -85
| 443
| Red Dot
| MRA6717
| 4507302
| 484862
| 1588
| 85
| -82
| 398
| Red Dot
| MRA6718
| 4507060
| 485037
| 1619
| 88
| -75
| 367
| Red Dot
| MR6719
| 4505799
| 485439
| 1615
| 0
| -90
| 198
| Mackay Pit
| MRA6720
| 4507827
| 484797
| 1614
| 93
| -75
| 398
| Red Dot
| MRA6721
| 4507827
| 484798
| 1614
| 94
| -60
| 428
| Red Dot
| MRA6722
| 4507752
| 484692
| 1602
| 85
| -77
| 459
| Red Dot
| MRA6723
| 4507752
| 484693
| 1602
| 86
| -64
| 459
| Red Dot
| MRA6724
| 4507060
| 485037
| 1619
| 91
| -66
| 367
| Red Dot
| MRA6725
| 4507118
| 484994
| 1607
| 87
| -55
| 367
| Red Dot
| MRA6726
| 4507118
| 484993
| 1607
| 87
| -66
| 367
| Red Dot
| MRA6727
| 4507819
| 484722
| 1614
| 100
| -81
| 398
| Red Dot
| MRA6728
| 4507578
| 484791
| 1588
| 84
| -75
| 383
| Red Dot
| MRA6729
| 4507394
| 484854
| 1585
| 87
| -73
| 383
| Red Dot
| MRA6730
| 4508092
| 485246
| 1569
| 90
| -76
| 349
| Mackay Pit
| MR6731
| 4508066
| 485240
| 1569
| 310
| -89
| 343
| Mackay Pit
| MRA6732
| 4508126
| 485332
| 1569
| 268
| -70
| 343
| Mackay Pit
| MRA6733
| 4507879
| 484742
| 1619
| 88
| -71
| 428
| Red Dot
| MRA6734
| 4507090
| 484845
| 1598
| 84
| -75
| 398
| Red Dot
| MRA6735
| 4507090
| 484845
| 1598
| 82
| -66
| 398
| Red Dot
| MRA6736
| 4507059
| 484921
| 1601
| 81
| -67
| 381
| Red Dot
| MRA6737
| 4507090
| 484656
| 1607
| 89
| -76
| 443
| Red Dot
| MRA6738
| 4507611
| 484640
| 1604
| 89
| -76
| 404
| Red Dot
| MRA6739
| 4507394
| 484853
| 1585
| 83
| -71
| 383
| Red Dot
| MRA6740
| 4507640
| 484618
| 1612
| 86
| -76
| 459
| Red Dot
| MRA6741
| 4507090
| 484656
| 1607
| 85
| -65
| 459
| Red Dot
| MRA6742
| 4507884
| 485346
| 1554
| 88
| -74
| 306
| Mackay Pit
| MRA6743
| 4507884
| 485347
| 1554
| 89
| -60
| 306
| Mackay Pit
| MRA6744
| 4507884
| 485348
| 1554
| 88
| -44
| 294
| Mackay Pit
| MRA6745
| 4507364
| 484621
| 1602
| 86
| -80
| 443
| Red Dot
| MRA6746
| 4507395
| 484969
| 1589
| 80
| -71
| 367
| Red Dot
| MRA6747
| 4507360
| 484664
| 1599
| 88
| -69
| 443
| Red Dot
| MRA6748
| 4507090
| 484657
| 1607
| 85
| -55
| 459
| Red Dot
| MRA6749
| 4507336
| 484838
| 1587
| 79
| -86
| 392
| Red Dot
| MRA6750
| 4507456
| 484753
| 1591
| 83
| -61
| 398
| Red Dot
| MRA6751
| 4507336
| 484838
| 1587
| 84
| -80
| 398
| Red Dot
| MRA6752
| 4507760
| 484915
| 1576
| 80
| -85
| 319
| Mackay Pit
| MRA6753
| 4507883
| 484977
| 1561
| 86
| -61
| 215
| Mackay Pit
| MRA6754
| 4507852
| 484973
| 1564
| 84
| -71
| 331
| Mackay Pit
| MRA6755
| 4507762
| 484999
| 1569
| 85
| -62
| 233
| Mackay Pit
| MRA6756
| 4507792
| 485001
| 1568
| 85
| -79
| 337
| Mackay Pit
| MRA6757
| 4507975
| 484945
| 1554
| 83
| -73
| 367
| Mackay Pit
| MRA6758
| 4507272
| 484664
| 1601
| 274
| -86
| 443
| Red Dot
| MRA6759
| 4507883
| 484956
| 1561
| 83
| -61
| 319
| Mackay Pit
| MRA6760
| 4507944
| 484975
| 1557
| 85
| -71
| 325
| Mackay Pit
| MRA6761
| 4508004
| 484947
| 1554
| 86
| -77
| 288
| Mackay Pit
| MRA6762
| 4507855
| 484969
| 1564
| 268
| -81
| 306
| Mackay Pit
| MRA6763
| 4507915
| 484945
| 1558
| 85
| -75
| 285
| Mackay Pit
| MRA6764
| 4507976
| 484927
| 1555
| 85
| -72
| 326
| Mackay Pit
| MRA6765
| 4507272
| 484784
| 1589
| 82
| -59
| 443
| Red Dot
| MRA6766
| 4508432
| 484878
| 1563
| 82
| -62
| 276
| Red Dot
| MRA6767
| 4507060
| 485038
| 1619
| 86
| -57
| 331
| Red Dot
| MRA6768
| 4508432
| 484849
| 1566
| 88
| -61
| 306
| Red Dot
| MRA6769
| 4508462
| 484798
| 1570
| 93
| -65
| 322
| Red Dot
| MRA6770
| 4507913
| 485379
| 1539
| 89
| -85
| 215
| Mackay Pit
| MRA6771
| 4507879
| 485357
| 1539
| 159
| -77
| 245
| Mackay Pit
| MRA6772
| 4507913
| 485380
| 1539
| 83
| -59
| 215
| Mackay Pit
| MRA6773
| 4507881
| 485356
| 1539
| 107
| -44
| 215
| Mackay Pit
| MRA6774
| 4507881
| 485354
| 1539
| 118
| -66
| 230
| Mackay Pit
| MRA6775
| 4507611
| 484798
| 1585
| 81
| -80
| 383
| Red Dot
| MRA6776
| 4507089
| 484984
| 1606
| 85
| -76
| 367
| Red Dot
| MRA6777
| 4507612
| 484798
| 1585
| 86
| -66
| 398
| Red Dot
| MRA6778
| 4507089
| 484985
| 1606
| 82
| -65
| 367
| Red Dot
| MRA6779
| 4508676
| 484857
| 1559
| 88
| -75
| 276
| Red Dot
| MRA6781
| 4508498
| 484918
| 1559
| 88
| -74
| 261
| Red Dot
| MRA6782
| 4508617
| 484857
| 1559
| 98
| -79
| 291
| Red Dot
| MRA6783
| 4507028
| 484935
| 1603
| 86
| -75
| 367
| Red Dot
| MRA6784
| 4508647
| 484877
| 1558
| 94
| -85
| 276
| Red Dot
| MRA6785
| 4508647
| 484878
| 1558
| 88
| -69
| 261
| Red Dot
|
Notes: The numerical gaps in the drillhole sequence result from drillholes reported previously or drillholes expected to be drilled in 2018. Data is provided if the drillhole has a Mineral Resource intercept of at least six meters at 0.3 g/t gold. "Width" may not equal the difference between "To" and "From" due to rounding.
|
Sampling and Analytical Procedures
All drill samples in respect of the Seabee Gold Operation drilling program were assayed by our onsite non-accredited assay laboratory, which is not independent from SSR Mining. Duplicate check assays were conducted at site as well as at TSL Laboratories Inc. in Saskatoon, Saskatchewan, which is independent from SSR Mining. Results of the spot checks were consistent with those reported. Sampling interval was established by minimum or maximum sampling lengths and geological and/or structural criteria. Two hundred gram samples were pulverized until greater than 80 percent passed through 150 mesh screen. Thirty-gram pulp samples were then analyzed for gold by fire assay with gravimetric finish (0.01 g/t gold detection limit).
All drill samples in respect of the Marigold mine drilling program were sent for processing and analysis to the offices of American Assay Laboratories, Inc. ("AAL") in Sparks, Nevada which is an ISO 17025 accredited laboratory independent from SSR Mining. Fire assay was completed on a 30-gram sample (AAL method code FA-PB30-ICP) with an Inductively Coupled Plasma ("ICP") finish after a two acid digestion. Samples with assay results greater than 10 g/t gold were fire assayed on a 30-gram sample (AAL method code Grav Au30) with a gravimetric finish. We employ a rigorous Quality Assurance/Quality Control ("QA/QC") program, which includes real-time assay quality monitoring through the regular insertion of blanks, duplicates, and certified reference material, as well as reviewing laboratory-provided QA/QC data.
Qualified Persons
The scientific and technical data contained in this news release relating to the Seabee Gold Operation has been reviewed and approved by Jeffrey Kulas, P. Geo., a qualified person under National Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Kulas is our Manager Geology, Mining Operations at the Seabee Gold Operation. The scientific and technical data contained in this news release relating to the Marigold mine has been reviewed and approved by James N. Carver, SME Registered Member and a qualified person under NI 43-101. Mr. Carver is our Chief Geologist at the Marigold mine.
About SSR Mining
SSR Mining Inc. is a Canadian-based precious metals producer with three operations, including the Marigold mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada and the 75%-owned and operated Puna Operations joint venture in Jujuy, Argentina. We also have two feasibility stage projects and a portfolio of exploration properties in North and South America. We are committed to delivering safe production through relentless emphasis on Operational Excellence. We are also focused on growing production and Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.
For further information contact:
W. John DeCooman, Jr.
Vice President, Business Development and Strategy
SSR Mining Inc.
Vancouver, BC
Toll free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@ssrmining.com
To receive SSR Mining's news releases by e-mail, please register using the SSR Mining website at www.ssrmining.com.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements") concerning the anticipated developments in our operations in future periods, and other events or conditions that may occur or exist in the future. All statements, other than statements of historical fact, are forward-looking statements.
Generally, forward-looking statements can be identified by the use of words or phrases such as "expects," "anticipates," "plans," "projects," "estimates," "assumes," "intends," "strategy," "goals," "objectives," "potential," or variations thereof, or stating that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved, or the negative of any of these terms or similar expressions. The forward-looking statements in this news release relate to, among other things: our ability to discover and increase Mineral Resources, replace and increase Mineral Reserves, convert Mineral Resources to Mineral Reserves and convert Inferred Mineral Resources to Indicated Mineral Resources at the Marigold mine and the Seabee Gold Operation, including (a) upgrading Inferred Mineral Resources at Red Dot at year-end 2018 and the goal of declaring a Mineral Reserve at Red Dot by mid-2019 and (b) adding Mineral Resources at Santoy Gap HW at year-end 2018 and increasing and converting Mineral Resources to Mineral Reserves near the Santoy mine at year-end 2018; expected timing for the assessment of an expansion and an updated mine plan at the Marigold mine by mid-2019; our expected drill programs at each of the Marigold mine and the Seabee Gold Operation; future production of gold, silver and other metals; estimated production rates for gold, silver and other metals produced by us; ongoing or future development plans and capital replacement, improvement or remediation programs; and our plans and expectations for our properties and operations.
These forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, the following: uncertainty of production, development plans and cost estimates for the Marigold mine, the Seabee Gold Operation and our projects; our ability to replace Mineral Reserves; commodity price fluctuations; political or economic instability and unexpected regulatory changes; currency and interest rate fluctuations; the possibility of future losses; general economic conditions; counterparty and market risks related to the sale of our concentrate and metals; uncertainty in the accuracy of Mineral Reserves and Mineral Resources estimates and in our ability to extract mineralization profitably; differences in U.S. and Canadian practices for reporting Mineral Reserves and Mineral Resources; lack of suitable infrastructure or damage to existing infrastructure; future development risks, including start-up delays and cost overruns; our ability to obtain adequate financing for further exploration and development programs and opportunities; uncertainty in acquiring additional commercially mineable mineral rights; delays in obtaining or failure to obtain governmental permits, or non-compliance with our permits; our ability to attract and retain qualified personnel and management; potential labour unrest; the impact of governmental regulations, including health, safety and environmental regulations, including increased costs and restrictions on operations due to compliance with such regulations; reclamation and closure requirements for our mineral properties; failure to effectively manage our tailings facilities; social and economic changes following closure of a mine may lead to adverse impacts and unrest; unpredictable risks and hazards related to the development and operation of a mine or mineral property that are beyond our control; indigenous peoples' title claims and rights to consultation and accommodation may affect our existing operations as well as development projects and future acquisitions; assessments by taxation authorities in multiple jurisdictions; claims and legal proceedings, including adverse rulings in litigation against us and/or our directors or officers; compliance with anti-corruption laws and internal controls, and increased regulatory compliance costs; complying with emerging climate change regulations and the impact of climate change, including extreme weather conditions; fully realizing our interest in deferred consideration received in connection with recent divestitures; uncertainties related to title to our mineral properties and the ability to obtain surface rights; the sufficiency of our insurance coverage; civil disobedience in the countries where our mineral properties are located; operational safety and security risks; actions required to be taken by us under human rights law; competition in the mining industry for mineral properties; our ability to complete and successfully integrate an announced acquisition; an event of default under our convertible notes may significantly reduce our liquidity and adversely affect our business; failure to meet covenants under our senior secured revolving credit facility; conflicts of interest that could arise from certain of our directors' and officers' involvement with other natural resource companies; information systems security threats; and those other various risks and uncertainties identified under the heading "Risk Factors" in our most recent Annual Information Form filed with the Canadian securities regulatory authorities and included in our most recent Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission ("SEC").
This list is not exhaustive of the factors that may affect any of our forward-looking statements. Our forward-looking statements are based on what our management currently considers to be reasonable assumptions, beliefs, expectations and opinions based on the information currently available to it. Assumptions have been made regarding, among other things, our ability to carry on our exploration and development activities, our ability to meet our obligations under our property agreements, the timing and results of drilling programs, the discovery of Mineral Resources and Mineral Reserves on our mineral properties, the timely receipt of required approvals and permits, including those approvals and permits required for successful project permitting, construction and operation of our projects, the price of the minerals we produce, the costs of operating and exploration expenditures, our ability to operate in a safe, efficient and effective manner, our ability to obtain financing as and when required and on reasonable terms and our ability to continue operating the Marigold mine and the Seabee Gold Operation. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. We cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Our forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and we do not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.
Cautionary Note to U.S. Investors
This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ significantly from the requirements of the SEC set out in SEC Industry Guide 7. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC. Under SEC standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically produced or extracted at the time the reserve determination is made. In addition, the SEC's disclosure standards normally do not permit the inclusion of information concerning "Measured Mineral Resources," "Indicated Mineral Resources" or "Inferred Mineral Resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by U.S. standards in documents filed with the SEC. U.S. investors should understand that "Inferred Mineral Resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Moreover, the requirements of NI 43-101 for identification of "reserves" are also not the same as those of the SEC, and reserves reported by us in compliance with NI 43-101 may not qualify as "reserves" under SEC standards. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.
SOURCE SSR Mining Inc.
Related Links www.ssrmining.com
Organization Profile
SSR Mining Inc. |
