# 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--6af6f86b-8a5b-4858-a96d-af85bc1b9071 Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3415-tsx/rm/212706-roxmore-resources-announces-sale-to-ssr-mining-and-spinout-of-exploration-assets.html Publisher: jmn Original announcement: 2026-10-13T03:50:03.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-13T10:20:08.727Z Atlas analysis updated: 2026-10-13T10:20:08.727Z - Company: Roxmore Resources Inc. - Ticker: RM - Exchange: TSX - Region: British Columbia - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Agreement transaction, Resource update - Extracted: 2026-10-13 10:20:09 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 on a fully diluted basis. The transaction 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: The company is being acquired by SSR Mining in a major cash deal, while spinning out its exploration assets into a new entity. - Positive factor: Significant cash consideration of $663 million - Positive factor: High premium of 58% to 20-day VWAP - Positive factor: Spinout provides continued exploration upside via Roxmore Spinco - Positive factor: Strong deal certainty with 26.8% voting support agreements - Negative factor: Transaction subject to shareholder and court approvals Facts used in scoring: 4 ## Classification and evidence **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Vance Spalding is named as the Qualified Person for the technical reports mentioned. Evidence · text > has been reviewed and approved by Vance Spalding, who is a "qualified person" within the meaning of National Instrument 43-101 **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 explicitly stated to be NI 43-101 compliant. Evidence · text > based on the NI 43-101 technical report dated November 1, 2024 ## 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--6af6f86b-8a5b-4858-a96d-af85bc1b9071#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 #### Resource Data - Category: indicated - Tonnes: 24857000 - Grade: 0.77 - Grade Unit: g/t - Contained Metal: 0.62 - Contained Unit: moz #### 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. - Positive factor: Indicated category provides geological confidence 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 **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--6af6f86b-8a5b-4858-a96d-af85bc1b9071#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 #### Resource Data - Category: inferred - Tonnes: 19626000 - Grade: 0.69 - Grade Unit: g/t - Contained Metal: 0.42 - Contained Unit: moz #### 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. - Positive factor: Inferred resource component of the Rattlesnake Hills Project 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 **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--6af6f86b-8a5b-4858-a96d-af85bc1b9071#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 #### Resource Data - Category: inferred - Tonnes: 41071000 - Grade: 0.64 - Grade Unit: g/t - Contained Metal: 0.84 - Contained Unit: moz #### 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. - Positive factor: Inferred resource component of the Newton Project 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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/roxmore-resources-announces-sale-to-ssr-mining-and-spinout-of-exploration-assets--6af6f86b-8a5b-4858-a96d-af85bc1b9071#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 #### Resource Data - Category: inferred - Tonnes: 41071000 - Grade: 3.41 - Grade Unit: g/t - Contained Metal: 4.51 - Contained Unit: moz #### 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. - Positive factor: Inferred resource component of the Newton Project 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 ## 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.