Saturday, May 31, 2025

Latest

SSR Mining Hits 40.7 Metres Of 7.48 G/T Gold At Ardich

SSR Mining Inc. (TSX: SSRM) reported today more than a year’s worth of drill results out of 194 diamond holes at its Ardich property. The results cover the period between March 2020 and May 2021 with a highlight intersection of 7.48 g/t gold over 40.70 metres among other results.

The mining firm relayed that these results will build upon the preliminary economic analysis issued in November 2020 which saw Ardich contributing 1.23 million ounces of gold in the measured and indicated resources category and 0.35 million ounces of gold from inferred resources to the Çöpler District.

Highlight drill results include:

  • AR274 (step-out): 7.48 g/t gold over 40.70 metres, including
    • 29.99 g/t gold over 5.00 metres
  • AR327 (step-out): 6.38 g/t gold over 38.10 metres
  • AR246 (in-fill): 5.78 g/t gold over 36.00 metres, including
    • 15.10 g/t gold over 3.00 metres
  • AR304 (in-fill): 8.30 g/t gold over 16.00 metres

The 194 drill holes reported by the company cover a total of 43,627 metres of drilling on the property, improving its definition of the west, south, and south-eastern extensions of gold mineralization. SSR Mining CEO Rod Antal said in a statement that the company expects Ardich to continually be “a key driver of organic growth in [its] global exploration portfolio, with first production expected in 2023.”

Full details of the drill results can be accessed here.

SSR Mining last traded at $20.27 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Barrick Gold Disputes Human Rights Allegations At North Mara

Barrick Gold Corp (TSX: ABX) said on Tuesday that it believes the law firm Leigh...

Tuesday, December 13, 2022, 09:25:14 AM

Equinox Gold To Acquire Premier Gold Mines At Current Market Valuation

This morning Equinox Gold Corp (TSX: EQX) announced they have entered into a definitive agreement...

Wednesday, December 16, 2020, 09:04:30 AM

Victoria Gold Produces 26,759 Gold Ounces, Posts $62.7 Million In Revenue For Q1 2021

Victoria Gold Corp. (TSX: VGCX) announced this morning its operational and financial results for Q1...

Friday, May 14, 2021, 09:13:15 AM

TRU’s Golden Deal: $15M with Eldorado Gold with Joel Freudman of TRU Precious Metals

In this interview, Joel Freudman, CEO of TRU Precious Metals Corp. (TSXV:TRU) (OTCQB:TRUIF) (FSE:706), provides...

Sunday, August 4, 2024, 09:42:00 AM

Gran Colombia Gold Sees Production Decline 20% Year Over Year

Similar to partner Caldas Gold (TSXV: CGC), Gran Colombia Gold (TSX: GCM) published its second...

Friday, July 17, 2020, 09:26:30 AM