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Cripple Creek & Victor Mine

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Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotCripple Creek & Victor employs conventional open-pit mining methods and utilizes two Valley Leach Facilities for gold recovery. Each leach facility is integrated with its own dedicated adsorption-desorption-recovery plant.

According 2025 Technical Report, the operation has an estimated remaining mine life of 12 years, with planned mine closure starting in 2037. Leaching of the Valley Leach Facilities is scheduled through 2050.

The majority of ore mined to be sourced from the currently active Globe Hill, Schist Island and South Cresson pits. Approximately 5% of all ore stacked over the life of mine is currently planned to be crushed, with the remainder placed as Run of Mine ore.

SSR Mining is continuing to evaluate other opportunities for future growth at CC&V, including additional resource development and exploration drilling, as well as opportunities for fleet optimization and other potential operating improvements.

Owners

SourceSource
CompanyInterestOwnership
SSR Mining Inc. 100 % Indirect
Cripple Creek & Victor Gold Mining Company LLC (operator) 100 % Direct
SSR Mining Inc holds a 100% interest in the Cripple Creek & Victor Gold Mine (CC&V). The Property is 100% owned by SSR through its subsidiary Cripple Creek & Victor Gold Mining Company.

In February 2025, SSR acquired CC&V from Newmont Corporation.

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Deposit type

  • Epithermal
  • Vein / narrow vein
  • Breccia pipe / Stockwork

Summary:

The Cripple Creek & Victor Deposit is widely recognized as an alkalic-type low sulfidation epithermal gold deposit. Alkaline intrusion-related gold system hosted in Oligocene-age diatreme composed of volcanic and volcaniclastic rocks, primarily quartz latite. Gold mineralization occurs as native gold and gold-silver tellurides within breccias, stockworks, and hydrothermal veins, typically associated with pyrite, quartz, and fluorite.

The CC&V gold deposit lies within an approximately 18 km² diatreme emplaced at the intersection of four Proterozoic basement units.

The diatreme consists predominantly of variable diatremal breccia, containing clasts from nearly all local rock types (excluding lamprophyre), along with volcaniclastic sediments, bedded tuffs, base surge deposits, and fossiliferous lacustrine sediments. Breccia units were intruded by phonolite–phonotephrite–ultramafic lamprophyric dikes and sills along major structures, often exhibiting explosion textures near the surface.

Later intrusions included plugs, domes, and small stocks ranging from tephriphonolite to phonolite, decreasing in volume and becoming more mafic over time. These alkaline intrusions are characterized by high K-silica ratios, feldspathoids, and xenocrystic quartz (Jensen 2003).

Gold mineralization followed shortly after the final volcanic phases, accompanied by late-stage hydrothermal breccia pipe formation.

Alteration
Epithermal gold deposits associated with alkaline magmatism can be characterized by: 1) a large volume of alkali and carbonate metasomatism, 2) tellurium (Te) minerals, high Au/Ag ratios, 3) low concentrations of sulfides and base metals, and 4) minimal acidic alteration (low clays) (Jensen and Barton 2000).

Unaltered volcanic rocks in the Cripple Creek Diatreme are extremely rare. The alteration history of the diatreme is complex and most recently summarized by Eric Jensen (2003). Original Na>K volcanic alkaline rocks were modified by multiple pulses of alkali metasomatism.

Though not economically significant, early widespread alkali/specularite alteration occurred during the late stages of diatreme formation. This alteration is overprinted by a later K-feldspar + pyrite + carbonate gold-bearing event, characterized mainly by adularia or low-temperature feldspars, with subordinate sericite and K-rich clays. Whole-rock K2O in highly altered volcanics can reach 15%. This alteration is closely associated with economic gold mineralization.

In lamprophyres and Precambrian mafic host rocks, K-metasomatism is further marked by narrow zones of sericite and carbonate alteration (Jensen and Barton 2000).

K-feldspar ± pyrite + carbonate alteration assemblages also overprint an earlier, high-temperature, biotite-stable, dark micaceous alteration with elevated base metals. Mafic minerals are replaced by secondary biotite and pyrite.

Minor acid alteration (quartz-dickite) occurs in restricted zones. Narrow quartz veins may host K-feldspar, fluorite, pyrite, and occasionally roscoelite. Many high-grade Au-Te veins are associated with this assemblage (Lindgren and Ransome 1906).

Structure
The district is crosscut by several major structures, often intruded by late-stage alkaline or lamprophyre dikes. The dominant structural fabric is sub-vertical, trending N20W-N50W and N20E-N70E, mirroring regional Precambrian trends. Though individual structures show minimal slip (<1 m), their orientation and kinematics strongly control ore localization and geometry.

Major veins in the Cripple Creek District display vertical continuity of more than 1,000 m below the present-day surface (Loughlin and Koschmann 1935; Thompson and others 1985; Kelley et al. 2020). A signification portion of the high-grade ore zones occur in veins that are controlled by the northwest and northeast trends that parallel regional structures and suture zones that were developed during the Mesoproterozoic deformation which experienced reactivation during the Laramide orogeny or events associated with the Rio Grande rift (Kelley and others 2020; Kelley and Ludington 2002).

Mineralization
Mineralization is expressed in two overlapping styles: (1) low-grade disseminated and microfracture-controlled gold-pyrite-telluride mineralization, and (2) high-grade fracture-hosted gold-silver telluride veins. The low-grade mineralization is commonly microcrystalline and occurs in pyrite- and telluride-bearing zones of enhanced permeability near high-grade structures. In contrast, high-grade mineralization is typically localized along lithologic contacts, particularly between Cripple Creek Breccia and either intrusive or Precambrian host rocks, where fluid flow was focused due to contrasts in porosity and permeability or pre-existing brecciation (Kelley et al., 2020). Sheeted vein systems, typically 0.5 to 3 meters wide, are composed of networks of narrow fissures less than 50 millimeters wide (Kelley et al., 2020).

Both mineralization styles are accompanied by alteration assemblages dominated by potassium feldspar, with variable pyrite and carbonate. High-grade gold typically occurs as native gold within iron oxides (after pyrite and tellurides) or as telluride minerals such as calaverite, krennerite, and sylvanite. Common gangue minerals include quartz, fluorite, and carbonate.

Historically, most production came from the high-grade telluride vein systems (Thompson et al., 1985), while the lower grade disseminated system was later detailed by Pontius (1992) and Burnett (1995). Two prominent late-stage hydrothermal breccia pipes, Globe Hill and Ironclad, occur in the northwestern portion of the district. Near-surface exposures of gold-bearing breccia clasts suggest that significant brecciation occurred after the main phase of mineralization (Seibel, 1991).

Oxidation profiles are deepest along major structures and typically extend to depths of approximately 122 meters (400 feet).

Reserves

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Mining Methods

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Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Water usage

Parameter20242023202220212020
Fresh water 3,689 ML4,296 ML4,120 ML4,679 ML4,109 ML
Recycled water 50,478 ML50,951 ML55,946 ML56,134 ML53,593 ML
Total water 53,614 ML54,657 ML59,328 ML60,530 ML55,725 ML
Water use efficiency 0.1 kL/t21.5 m3/oz0.2 kL/t20 m3/oz1.1 kL/t

Commodity Production

2022: A reduction in 2022 full-year production due to the transition to a higher-value, longer-life leach-only operation in the second quarter of 2022.
CommodityUnits20252024202320222021202020192018201720162015
Gold koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe322 360 451 396 198 
All production numbers are expressed as metal in doré. ^ Guidance / Forecast.

Operational metrics

Metrics202520242023202220212020
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

CommodityUnits202520242023202220212020201920182017
Credits (by-product) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Cash costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Total cash costs Gold USD
Total cash costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 911 / oz **   727 / oz **   624 / oz **  
All-in sustaining costs (sold) Gold USD
All-in sustaining costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 1,071 / oz **   840 / oz **   729 / oz **  
^ Guidance / Forecast.
** Net of By-Product.

Mine Financials

Units202520242023202220212020201920182017
Capital expenditures (planned) M USD
Sustaining costs M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 29   33  
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 35   29   33  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 445  
Pre-tax Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 39   89   153  

Personnel

Mine Management

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Workforce

EmployeesTotal WorkforceYear
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Aerial view:

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