On The scientific and technical information contained in this news release relating to the Marigold mine has been reviewed and approved by Greg Gibson, P.E., and This news release should be read in conjunction with our unaudited Condensed Consolidated Interim Financial Statements and our MD&A as filed with the Canadian Securities Administrators and available at SSR Mining Inc. is a Canadian-based precious metals producer with three operations, including the Marigold mine in Net (loss) income attributable to equity holders of SSR MiningAdjusted basic attributable (loss) income per share Cash generated by (used in) generated by financing activitiesCopyright © 2020 PR Newswire Association LLC. Corporately, we reported positive income from mine … The complementary nature of the assets and the cultural alignment of the organizations are expected to facilitate an effective integration and allow us to continue to deliver value to our shareholders.As a direct result of the COVID-19 pandemic, we temporarily suspended operations at our Puna Operations and Seabee Gold Operation on During the second quarter of 2020, at both Puna Operations and Seabee Gold Operation, we commenced a phased restart of production, starting with the re-activation of the transport of ore at Puna Operations in During the first quarter of 2020, holders of our 2.875% senior convertible notes issued in 2013 (the "2013 Notes") had the right to surrender their 2013 Notes for purchase by us at their option (the "Put Option") pursuant to the terms of the indenture governing the 2013 Notes any time before The remaining outstanding 2013 Notes were callable by us at par, plus accrued and unpaid interest thereon.
We realized an average gold price of Our exploration plan for 2020 is focused on the discovery of additional Mineral Resources south of the currently producing Mackay Pit, including targets at Trenton Canyon, During the second quarter of 2020, exploration drilling amounted to 19,400 meters in 61 holes, with the majority of the drilling completed at Trenton Canyon and At Trenton Canyon, we continue to systematically explore extensions to existing near-surface oxide deposits similar to those mined at Marigold and higher-grade sulphide deposits associated with deep fault structures and favourable Comus Formation sedimentary rocks similar to those hosting the gold deposits at the Turquoise Ridge mine.
The Marigold mine has been in continuous operation since 1989. It achieved production of 220,227 ounces of gold in 2019 and is expected to produce 225,000 to 240,000 ounces of gold in 2020.
SSR Mining sees revenue decline. In 2020, the operation is expected to produce 6.0 to 7.0 million ounces of silver, 21.0 to 24.0 million pounds of lead, and 7.0 to 9.0 million pounds of zinc.SSR Mining is equipped with an experienced management team of mine-builders and operators with proven capabilities. Copyright © 2017 SSR Mining. Expenditures incurred during the quarter were classified as care and maintenance expenses.There were no gold sales during the second quarter of 2020 as a direct result of the temporary suspension of operations.Exploration plans, including geology drilling, at the Seabee Gold Operation for 2020 initially focused on Mineral Reserves definition and Mineral Resources addition at Gap Hanging Wall ("Gap HW") and increasing Mineral Reserves and Mineral Resources at Santoy 8A.Due to the temporary suspension of operations prompted by the COVID-19 pandemic, we were unable to complete any exploration work at the site in the second quarter.
We realized an average gold price of Our exploration plan for 2020 is focused on the discovery of additional Mineral Resources south of the currently producing Mackay Pit, including targets at Trenton Canyon, During the second quarter of 2020, exploration drilling amounted to 19,400 meters in 61 holes, with the majority of the drilling completed at Trenton Canyon and At Trenton Canyon, we continue to systematically explore extensions to existing near-surface oxide deposits similar to those mined at Marigold and higher-grade sulphide deposits associated with deep fault structures and favourable Comus Formation sedimentary rocks similar to those hosting the gold deposits at the Turquoise Ridge mine.
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