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.