SSR Mining Announces Results Of Technical Report Summary For Marigold Gold Complex In Nevada; Sees NPV5% Of $3.3B And $3.8B At Consensus And Spot Prices, Respectively

Highlights of the 2026 Marigold TRS: (1,2)

After-tax NPV5% of $3.3 billion at consensus gold prices averaging $3,948 per ounce over the 20-year life of mine
Average annual gold production of 231,000 ounces over the five-year period from 2027 to 2031, 201,000 ounces through 2040, and 169,000 ounces over the life of mine
Over the period of active mining, annual after-tax operating cash flow and after-tax free cash flow averages $354 million and $273 million, respectively, based on consensus gold prices
Gold Mineral Reserves at Marigold total 4.6 million ounces, an increase of 43% from the 3.2 million ounces at year-end 2025, with a significant Mineral Resource base demonstrating additional potential for longer-term upside
Measured & Indicated Mineral Resources, exclusive of Mineral Reserves, total 1.7 million ounces of gold as compared to the 1.8 million ounces of M&I Resources as of year-end 2025
Inferred Mineral Resources are an additional 0.3 million ounces of gold as compared to the 0.5 million ounces as of year-end 2025
Inclusive of mined depletion, gold Mineral Reserves in the 2026 Marigold TRS increased significantly as compared to the 2024 TRS, while Indicated and Inferred Mineral Resources remained materially unchanged over the same time period
The gold prices used in the calculation of Marigold Mineral Reserves and Mineral Resources are $2,200/oz and $2,500/oz, respectively
2026 Marigold TRS incorporates the maiden life of mine plan for the Buffalo Valley project ("Buffalo Valley") with 0.7 million ounces of gold Mineral Reserves and first production expected in 2029
Growth capital investment over the life of mine totals $542 million, including the development of Buffalo Valley and its stand-alone heap leach facility, as well as fleet additions to support a 33% increase in overall mining rates at Marigold to an average of 138 million tonnes per annum
Investment in fleet modernization and expansion will improve productivity and operational flexibility to support the multi-decade mine life at Marigold