SSR Mining Reports Exploration Results At Amisk Gold Property In Saskatchewan, Canada

by | Dec 13, 2021 | Extra Jobs | 0 comments

Results Continue to Showcase Prospective Platform in Saskatchewan

DENVER, Dec. 13, 2021 /PRNewswire/ – SSR Mining Inc. (NASDAQ:SSRM) (TSX:SSRM) (ASX: SSR) ("SSR Mining" or the "Company") is

Results Continue to Showcase Prospective Platform in Saskatchewan

DENVER, Dec. 13, 2021 /PRNewswire/ – SSR Mining Inc. (NASDAQ:SSRM) (TSX:SSRM) (ASX: SSR) ("SSR Mining" or the "Company") is pleased to announce positive exploration results from the Amisk Property in Saskatchewan. Amisk is located approximately 140 kilometers southeast of the Seabee operation and Fisher properties and within the prolific Flin Flon mining district (Figure 1). Amisk has many analogous geological features to the Seabee/Fisher trend, and reinterpretation of historical data and field reconnaissance has identified a number of new prospects beyond the existing Amisk deposit. Field sampling and 10 widely spaced exploration diamond drill holes have confirmed the potential of the area with significant positive assay results, including:

Black Diamond

  • BKD-21-001: 1.51 g/t Au over 6.59 meters from 72.00 meters and 0.84 g/t Au over 9.89 meters from 160.65 meters
  • BKD-21-002: 1.16 g/t Au over 6.45 meters from 112.39 meters and 6.15 g/t Au over 2.90 meters from 123.64 meters
  • Grab samples up to 83.98 g/t Au

Monarch

  • MON-21-002: 1.71 g/t Au over 11.36 meters from 143.03 meters including 6.81 g/t Au over 1.00 meters
  • MON-21-003: 1.27 g/t Au over 10.57 meters from 142.43 meters including 14.13 g/t over 0.74 meters
  • Grab samples up to 20.55 g/t Au

Regional Grab Sample Results

  • Raine-Walker: up to 67.15 g/t Au
  • TCA: up to 81.59 g/t Au
  • Oberon: up to 17.30 g/t Au
  • Victory: up to 138.80 g/t Au

Follow up drilling and field work is planned for 2022, as SSR Mining looks to better define and potentially expand on the prospective greenfield targets identified on the property to-date. Drill programs in 2022 will test new targets along the West Channel trend where prospecting and soil sampling has confirmed significant gold mineralization associated with quartz veins in outcrop. The Amisk team will also continue evaluating regional data to generate new targets for field investigation and potential drilling going forward.

The recently announced acquisition of Taiga Gold Corp., including the SAM project that expands the Amisk Property by 1,004 hectares, reinforces the Company's commitment to future exploration across the underexplored and highly prospective province of Saskatchewan. 

Figure 1. Location of SSR Mining's Saskatchewan properties, including the Amisk Property. (CNW Group/SSR Mining Inc.)

The Amisk Property is 100% owned by SSR Mining. Early exploration at Amisk has been encouraging, with results highlighted below from six distinct targets outside of the existing Amisk deposit (Figures 2 and 3).

Figure 2. Outline of the Amisk Property. (CNW Group/SSR Mining Inc.)

Figure 3. Highlighted surface sample results from early exploration at the Amisk Property. (CNW Group/SSR Mining Inc.)

The Black Diamond Target is located along a folded shear zone northwest of the Amisk deposit (Figure 4). Drilling is aimed at testing the continuity at depth of broad gold mineralization identified on surface. Drill intercepts and grab samples at Black Diamond include:

  • BKD-21-001: 1.51 g/t Au over 6.59 meters from 72.00 meters and 0.84 g/t Au over 9.89 meters from 160.65 meters
  • BKD-21-002: 1.16 g/t Au over 6.45 meters from 112.39 meters and 6.15 g/t Au over 2.90 meters from 123.64 meters
  • Grab samples of 83.98 g/t, 41.87 g/t, 30.95 g/t, 21.81 g/t, 21.75 g/t, 20.47 g/t, and 19.03 g/t Au

Figure 4. Highlighted exploration results from the Black Diamond target area. (CNW Group/SSR Mining Inc.)

The West Channel Trend comprises a shear corridor with a defined strike length of > 10 km that hosts several distinct target areas, including Monarch and Victory (Figure 5). The aim of this phase of exploration along the West Channel trend was to prove the continuity of mineralization along strike and to complete an initial phase of drill testing. Drill intercepts and grab samples along the West Channel include:

  • MON-21-001: 0.26 g/t Au over 3.48 meters from 247.71 meters
  • MON-21-002: 1.71 g/t Au over 11.36 meters from 143.03 meters including 6.81 g/t Au over 1.00 meters
  • MON-21-003: 1.27 g/t Au over 10.57 meters from 142.43 meters including 14.13 g/t over 0.74 meters
  • Grab samples of 20.55 g/t and 14.41 g/t Au from the Monarch target area
  • Grab samples of 138.80 g/t, 61.56 g/t, 41.15 g/t, 31.10 g/t, 29.39 g/t, 13.00 g/t, 12.85 g/t, 11.87 g/t Au from the Victory target area

Figure 5. Highlighted exploration results from the West Channel trend area. (CNW Group/SSR Mining Inc.)

In addition to the Black Diamond and West Channel trends, SSR Mining continues regional exploration to define and advance targets elsewhere on the property. Select highlights include:

Raine-Walker

  • Grab samples of 67.15 g/t, 37.54 g/t, and 11.70 g/t Au

TCA

  • Grab samples of 81.59 g/t and 12.21 g/t Au

Oberon

  • Grab samples of 17.30 g/t and 13.00 g/t Au

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