Puna

Large-Scale Silver Producer

The Puna Operations (100% SSRM owned) are comprised of the Chinchillas mine and the Pirquitas property, which includes the Pirquitas processing facilities. Puna is located in the Jujuy Province, Argentina.

The Chinchillas mine is a silver-lead-zinc deposit, which achieved commercial production in December 2018. Open pit mining is conducted using conventional drill, blast, truck and loading operations. The ore is transported 40 kilometers to the Pirquitas processing facilities, which produce a silver-lead concentrate and a zinc concentrate that are shipped to international smelters.

The Pirquitas processing facilities have been in commercial production since 2009, processing ore from the San Miguel open pit, which concluded mining activities in January 2017 and currently hosts the tailings deposit facility.

Highlights of the Puna Operations include:

  • Mineral Reserves: Proven and Probable Mineral Reserves of 20.7 million ounces of silver at an average grade of 154.4 g/t as of December 31, 2023.
  • Potential for mine life extension:  Proven and Probable Mineral Reserves of 20.7 million ounces of silver at an average grade of 154.4 g/t as of December 31, 2023.
  • Exploration potential: Based on current Mineral Reserves, mining from the Chinchillas open pit is expected to be completed in 2026. Technical work continues to evaluate opportunities to extend the Puna life of mine through Mineral Reserve conversion at Chinchillas, as well as the definition of initial Mineral Reserves at the Cortaderas target.

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.

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