SSR Mining Announces the Acquisition of the Cripple Creek & Victor Gold Mine From Newmont
Summary
The Transaction structure helps ensure our balance sheet remains a strength of our business, with CC&V expected to immediately contribute meaningful cash flow that facilitates an attractive payback. Currently, CC&V operations span three developed open pit areas: Globe Hill, Schist Island, and South Cresson with a total land package of more than 5,000 hectares (see Figure 2). These volcanics are crosscut by numerous intrusions, including phonolitic stocks, lamprophyres and aphanitic dykes, which corresponded in timing with, or preceded, the bulk of the gold mineralization in the epithermal Cripple Creek deposit. Actual results may vary from such forward looking information for a variety of reasons including, but not limited to, risks and uncertainties disclosed in our filings on our website at www.ssrmining.com, on EDGAR at www.sec.gov, on SEDAR at www.sedarplus.ca, and on the ASX at www.asx.com.au and other unforeseen events or circumstances. These “historical estimates” (as such term is defined in National Instrument 43-101 – Standards of Disclosure for Mineral Properties (“NI 43-101”)) are provided solely for information purposes and have not been independently verified by SSR Mining.