# SSR Mining to acquire Roxmore Resources in $464m all-cash deal Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ssr-mining-to-acquire-roxmore-resources-in-464m-all-cash-deal--3f9a0309-c2ae-4289-a8e0-2d8ac633bc27 Original source: https://www.mining-technology.com/news/ssr-mining-to-acquire-roxmore-464m/ Publisher: miningtechnology Original announcement: 2026-10-14T08:31:15.800Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-14T08:32:13.061Z Atlas analysis updated: 2026-10-14T08:32:13.061Z - Company: SSR Mining - Ticker: Unavailable - Exchange: Unavailable - Region: Nevada - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Agreement transaction, Resource update - Extracted: 2026-10-14 08:32:13 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary SSR Mining has agreed to acquire Roxmore Resources for approximately $464 million in an all-cash transaction. The deal secures the Converse gold project in Nevada, which contains a combined 5.2 million ounces of indicated and inferred gold resources. Reasoning: SSR Mining is acquiring Roxmore Resources in a $464m deal to secure the Converse gold project, which adds significant gold resources adjacent to its Marigold mine. - Positive factor: Strategic acquisition of Converse gold project adjacent to existing Marigold operation - Positive factor: Significant resource addition \(5.2 moz total gold\) - Positive factor: All-cash transaction funded by existing reserves - Positive factor: High premium paid to Roxmore shareholders - Negative factor: Significant construction capital required \($800m-$900m\) - Negative factor: Long lead time to production \(targeted 2033\) Facts used in scoring: 2 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document provides details of a 2026 mineral resource estimate for the Converse project. Evidence · text > According to a 2026 mineral resource estimate ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/ssr-mining-to-acquire-roxmore-resources-in-464m-all-cash-deal--3f9a0309-c2ae-4289-a8e0-2d8ac633bc27#fact-resource-facts-0) Converse gold project · gold #### Identity - Project: Converse gold project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada #### Resource scope - Estimate type: resource - Resource group id: resource:6f1f457507e660daf157 - Deposit or zone: Converse - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 103000000 - Grade: 0.65 - Grade Unit: g/t - Contained Metal: 2.2 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-01-01 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Indicated resource component of the Converse project. - Positive factor: Significant indicated resource scale Evidence · text > 103 million tonnes \(mt\) of indicated resources grading 0.65 grams per tonne \(g/t\) for 2.2 million ounces \(moz\) of gold #### 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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/ssr-mining-to-acquire-roxmore-resources-in-464m-all-cash-deal--3f9a0309-c2ae-4289-a8e0-2d8ac633bc27#fact-resource-facts-1) Converse gold project · gold #### Identity - Project: Converse gold project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada #### Resource scope - Estimate type: resource - Resource group id: resource:1533ac27677316e255f0 - Deposit or zone: Converse - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 218000000 - Grade: 0.43 - Grade Unit: g/t - Contained Metal: 3 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-01-01 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-14T00:00:00.000Z Reasoning: Inferred resource component of the Converse project. - Positive factor: Large inferred resource volume - Negative factor: Lower grade and higher geological uncertainty \(inferred\) Evidence · text > 218mt of inferred resources at 0.43g/t for 3moz #### 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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ## 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.