SSR Mining Inc (SSRM)

[geodan]

SSRI has signed an option agreement (the "Agreement") with Eagle Plains Resources Ltd.(EGPLF) ("Eagle Plains") to acquire up to an 80% interest in the Fisher project, located in Saskatchewan, Canada.


Highlights:

Numerous gold occurrences along shear zones similar to our Seabee Gold Operation
Grab and chip samples have yielded grades ranging from 9.2 g/t to 37.3 g/t gold
Orogenic gold deposit potential with a greenstone host similar to our Santoy and Seabee deposits
Potential to consolidate large land package of over 34,000 hectares

Carl Edmunds , Silver Standard's Chief Geologist said, "The Fisher project covers the immediate extension of the shear zone that hosts our highly productive Santoy Gap deposit, and in general the project area is underlain by the same favourable host rocks and structural setting. Our team continues to apply local expertise gained from the Santoy Gap discovery, and experience on similar deposits, to increase the probability of another discovery. We are excited to begin exploration of the Fisher Project that doubles our land position near our existing high margin Seabee Gold Operation."

Note: SSRI is down 33% or so from highs, I may reeneter, am 100% out. Cheers