other material
confidence high
sentiment positive
materiality 0.60
SSR Mining reports Copper Hill drilling results: 1.4% Cu over 140m, 2.2% Cu over 32m
SSR MINING INC.
- 42 diamond drill holes completed; highlights include 1.4% Cu over 139.7m and 2.2% Cu over 31.9m.
- Mineralization defined along ~1 km strike to 250m depth, starting from surface, suggesting open-pit potential.
- Company increased ownership in Copper Hill JV to 70% at end of 2021; partner Lidya Mines holds 30%.
- Low As (<8ppm) and other metals (<0.03% Pb+Zn) indicate potential for clean copper concentrate.
- Exploration to restart September 2023 targeting extensions and new targets on the property.