SSR Mining's Hod Maden Project Shows Strong NPV and IRR

SSR Mining has completed a Technical Report Summary for the Hod Maden project in northeastern Türkiye. The report estimates an after-tax NPV 5% of $1.66 billion and a projected IRR of 39% at consensus gold and copper prices. At recent spot prices, the after-tax NPV 5% increases to an estimated $2.91 billion with a projected IRR of 58%. The project is expected to produce 1.6 million ounces of gold and 209 million pounds of copper at estimated average cost of sales of $1,120 per ounce of payable gold.