# ROXMORE RESOURCES ANNOUNCES SALE TO SSR MINING AND SPINOUT OF EXPLORATION ASSETS Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/roxmore-resources-announces-sale-to-ssr-mining-and-spinout-of-exploration-assets--6293b59f-56c3-4939-8c2b-774522381eb1 Original source: https://cdn.prod.website-files.com/68fa002fb7797b67408f035b/6ace1254e0abd005ca916c19_Project%20Sneaker%20-%20Press%20Release%20(Deal%20Announcement).pdf Publisher: prospectors\_exchange Original announcement: 2026-10-13T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-13T15:02:09.348Z Atlas analysis updated: 2026-10-13T15:02:09.348Z - Company: Roxmore Resources Inc. - Ticker: RM - Exchange: Unavailable - Region: British Columbia - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Agreement transaction, Resource update - Extracted: 2026-10-13 15:02:10 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Roxmore Resources has entered into a definitive agreement to be acquired by SSR Mining for approximately $712 million in total consideration. The deal includes $663 million in cash and the spinout of Roxmore's exploration assets \(Rattlesnake Hills, Newton, and Shabu River\) into a new company, Roxmore Spinco. Reasoning: Definitive agreement for SSR Mining to acquire Roxmore at a significant premium, including a spinout of exploration assets. - Positive factor: Significant cash consideration of $663 million - Positive factor: 58% premium to 20-day VWAP - Positive factor: Spinout of exploration assets provides continued upside exposure - Positive factor: Strategic equity stake held by acquirer in Spinco - Negative factor: Transaction subject to shareholder and court approvals Facts used in scoring: 4 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The Newton Project resource is reported as 100% Inferred. Evidence · text > hosting a pit-constrained inferred mineral resource **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: Technical reports for Rattlesnake Hills and Newton are stated to be NI 43-101 compliant. Evidence · text > based on the NI 43-101 technical report ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/roxmore-resources-announces-sale-to-ssr-mining-and-spinout-of-exploration-assets--6293b59f-56c3-4939-8c2b-774522381eb1#fact-resource-facts-0) Rattlesnake Hills Project · gold #### Identity - Project: Rattlesnake Hills Project - Commodity: gold - Region: wyoming, usa - Reported Region: Wyoming, USA - Ticker: RM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:f7a26a2e1023a437d20d - Deposit or zone: Rattlesnake Hills Project - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 24857000 - Grade: 0.77 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2024-09-05 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Indicated resource component of the Rattlesnake Hills Project being transferred to Spinco. Evidence · text > hosts an indicated mineral resource of 0.62moz gold at a grade of 0.77g/t Au within 24,857 thousand tonnes \(kt\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.1 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/roxmore-resources-announces-sale-to-ssr-mining-and-spinout-of-exploration-assets--6293b59f-56c3-4939-8c2b-774522381eb1#fact-resource-facts-1) Rattlesnake Hills Project · gold #### Identity - Project: Rattlesnake Hills Project - Commodity: gold - Region: wyoming, usa - Reported Region: Wyoming, USA - Ticker: RM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:dee3a5133337df7f36c9 - Deposit or zone: Rattlesnake Hills Project - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 19626000 - Grade: 0.69 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2024-09-05 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Inferred resource component of the Rattlesnake Hills Project being transferred to Spinco. Evidence · text > inferred mineral resource of 0.42Moz gold at 0.69g/t Au within 19,626kt #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.1 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/roxmore-resources-announces-sale-to-ssr-mining-and-spinout-of-exploration-assets--6293b59f-56c3-4939-8c2b-774522381eb1#fact-resource-facts-2) Newton Project · gold #### Identity - Project: Newton Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: RM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:9be18e44ea1f35e5120e - Deposit or zone: Newton Project - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 41071000 - Grade: 0.64 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2024-12-01 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Inferred resource component of the Newton Project being transferred to Spinco. Evidence · text > hosting a pit-constrained inferred mineral resource of 0.84Moz Au at a grade of 0.64g/t Au #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/roxmore-resources-announces-sale-to-ssr-mining-and-spinout-of-exploration-assets--6293b59f-56c3-4939-8c2b-774522381eb1#fact-resource-facts-3) Newton Project · silver #### Identity - Project: Newton Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: RM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:9be18e44ea1f35e5120e - Deposit or zone: Newton Project - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 41071000 - Grade: 3.41 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2024-12-01 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-13T00:00:00.000Z Reasoning: Inferred silver resource component of the Newton Project being transferred to Spinco. Evidence · text > 4.51Moz Ag at a grade of 3.41g/t Ag within 41.071kt #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.