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SSR Mining Puts Cripple Creek Mine Life at 12 Years, Values Project at $824 Million NPV
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SSR Mining Puts Cripple Creek Mine Life at 12 Years, Values Project at $824 Million NPV
Nov 11, 2025 3:29 AM

06:10 AM EST, 11/11/2025 (MT Newswires) -- SSR Mining ( SSRGF ) (SSRM.TO, SSRM) on Monday released the results of a technical report summary for the Cripple Creek & Victor gold mine in Colorado, putting the initial life of mine at 12 years.

The project has an after-tax net present value discounted at 5% of US$824 million at consensus gold prices averaging $3,240 per ounce over the life of mine.The after-tax NPV (5%) increases to about $1.5 billion at a gold price of $4,000 per ounce.

The project has a total mine life of 26 years, based on 2.8 million ounces of gold reserves, with average annual production of 141,000 ounces between 2026 and 2028.

Its measured and indicated mineral reserves, exclusive of mineral reserves, total 4.8 million ounces of gold with an additional 2.0 million ounces of inferred mineral resources.

Since the first quarter of 2025, when the CC&V acquisition was completed, the mine has produced 85,165 ounces of gold from Feb. 28 to Sept. 30. It continues to track to the top end of its 2025 production guidance of 90,000 to 110,000 ounces.

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