Mr. Rod Antal reports

SSR MINING REPORTS THIRD QUARTER 2021 RESULTS

SSR Mining Inc. has released its consolidated financial results for the third quarter ended Sept. 30, 2021. In addition, the Board of Directors declared a quarterly cash dividend of US$0.05 per common share, payable on December 13, 2021 to holders of record at the close of business on November 15, 2021. This dividend qualifies as an 'eligible dividend' for Canadian tax purposes. All monetary amounts are in United States dollars unless otherwise stated.

Rod Antal, President and CEO said, "The third quarter of 2021 again demonstrated the strong operational and financial results synonymous with SSR Mining, as the Company delivered production of 186,941 gold equivalent ounces at AISC of $1,006 per gold equivalent ounce. Year-to-date production of 583,316 gold equivalent ounces compares favorably to full-year guidance, while, despite inflationary pressures across the globe, year-to-date AISC of $990 per gold equivalent ounce remains well below our original full-year guidance range of $1,050 to $1,110 per gold equivalent ounce. This strong cost performance has allowed us to lower our 2021 AISC guidance to $1,000 to $1,040 per gold equivalent ounce.

Operationally, we delivered records across the portfolio in the third quarter, and subsequent to the quarter the updated Copler EIA, which includes the flotation circuit, was approved. Our balance sheet remains a key strength, and we are well positioned to fund the multitude of low capital, high return organic growth opportunities across SSR Mining's portfolio. We demonstrated the significant near-mine growth potential of both the Ardich and Seabee properties with positive exploration updates in the third quarter, and look forward to additional exploration updates from Marigold, Copper Hill, and Amisk by year-end.

SSR Mining's continued delivery of exceptional cost performance translated to $129 million of free cash flow in the third quarter. Year-to-date free cash flow of $306 million further reinforces our outstanding free cash flow yield, and continues to support our robust capital returns program as we have now delivered nearly $150 million dollars in share repurchases through the Normal Course Issuer Bid announced in April, 2021. Combined with our quarterly base dividend, we remain on track to return nearly $200 million to shareholders this year."

Third Quarter 2021 Highlights:

(All figures are in U.S. dollars unless otherwise noted)

Operational outperformance drives reduction in AISC guidance: Delivered third quarter production of 186,941 gold equivalent ounces at AISC of $1,006 per gold equivalent ounce.(1) Year-to-date production of 583,316 gold equivalent ounces is on track with full-year guidance, while year-to-date AISC of $990 per gold equivalent ounce continues to track below full-year guidance.(1) Given this strong performance, AISC guidance is reduced from $1,050 - $1,110 per gold equivalent ounce to $1,000 - $1,040 per gold equivalent ounce.

Peer leading free cash flow generation: Generated cash flows from operating activities of $187.9 million and free cash flow of $129.2 million in the third quarter with year-to-date free cash flow of $306.2 million.(1) Reported third quarter attributable net income of $57.2 million, or $0.27 per share, and adjusted attributable net income of $84.8 million, or $0.40 per share.(1)

Year-to-date capital returns to shareholders total $181 million

: At the end of Q3, SSR Mining has returned nearly $150 million to shareholders through the purchase of 8,800,700 shares, at an average share price of $16.82 per share, since the Normal Course Issuer Bid ("NCIB") program's inception on April 19, 2021. In Q3 the Company repurchased 4,800,700 shares at an average price of $16.20 per share. In addition, the Board declared the third quarterly cash dividend of $0.05 per share on November 3, 2021.

Balance sheet remains strong: Cash and cash equivalent balances remained strong at $862.8 million, following $77.8 million in share buybacks, $10.7 million in dividend payments to equity shareholders, while also reducing debt balances $17.5 million during the quarter. Non-GAAP consolidated cash now totals $899.7 million.

Copler processed record tonnes in sulfide plant: Delivered gold production of 82,975 ounces in the third quarter, reporting AISC of $714 per ounce, driving robust margins.(1) The sulfide plant treated a record 613 thousand tonnes in the quarter. The updated Copler EIA, which includes the flotation circuit, was approved in October 2021. Subsequent provincial permitting for the operation of the flotation facility is in process and is expected to be completed in the fourth quarter.

Marigold continues record material movement: Delivered gold production of 52,049 ounces for the third quarter as the mine moved a record 25.4 million tonnes of material, due to shorter haulage cycles and increased loading fleet capacities. Quarterly gold production and costs were impacted by maintenance in the stripping circuit deferring gold recovery into the fourth quarter.

Seabee mill processed a record 1,400 tonnes per day in September: Produced 22,589 ounces of gold at AISC of $898 per ounce as head grades of 7.70 g/t were in line with plan. Despite scheduled mill maintenance in the quarter, throughput averaged 991 tonnes per day.(1)

Puna continues to achieve record production year-to-date: Produced 2.2 million ounces of silver at cash costs of $7.65 per ounce in the third quarter and AISC of $12.32 per ounce.(1) Year-to-date production of 6.0 million ounces of silver was a record for the period and the mine is currently tracking above full-year production and below full-year cost guidance.

Continued delivery of positive exploration results across the portfolio : Announced exploration results from Ardich and Seabee in the quarter, highlighting near-mine organic growth potential that is expected to be reflected in updated technical reports from both assets in 2022. Additional exploration updates are expected from Marigold, Copper Hill, and Amisk by year-end 2021.

Announced the sale of a non-core royalty portfolio: On July 29, 2021, the Company announced it had entered into a definitive agreement to sell a portfolio of royalty interests and deferred payments to EMX Royalty Corp. ("EMX") for total consideration of $100 million. This consideration includes $33 million in cash, $32.5 million in EMX shares, and $34 million in deferred compensation payments to be delivered upon achievement of clearly defined project development milestones. Subsequent to the quarter's end, the transaction closed on October 21, 2021.

(1)SSR Mining reports the non-GAAP financial measures of all-in sustaining costs ("AISC") per ounce of gold, silver and gold equivalent sold, adjusted attributable net income, adjusted attributable net income per share and free cash flow to manage and evaluate the Company's operating performance. See "Non-GAAP Financial Measures" in Section 12 of the MD&A.

Financial and Operating Highlights

A summary of the Company's consolidated financial and operating results for the three and nine months ended September 30, 2021 and 2020 are presented below:

Management Discussion & Analysis and Conference Call

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 www.sedar.com or our website at www.ssrmining.com .

Conference call and webcast: Wednesday, November 3, 2021, at 5:00 pm EDT.

Toll-free in U.S. and Canada:+1 (800) 319-4610

All other callers: +1 (604) 638-5340

Webcast: http://ir.ssrmining.com/investors/events

The conference call will be archived and available on our website. Audio replay will be available for two weeks by calling:

Toll-free in U.S. and Canada:+1 (855) 669-9658, replay code 7713

All other callers: +1 (412) 317-0088, replay code 7713

Dividend Declaration

The Board of Directors declared a quarterly cash dividend of US$0.05 per common share, payable on December 13, 2021 to holders of record at the close of business on November 15, 2021. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.

The dividend payment applies to holders of SSR Mining's common shares, which trade on the Toronto Stock Exchange and the Nasdaq under the symbol SSRM, and to holders of its CHESS Depositary Interests ("CDIs"), which trade on the Australian Securities Exchange under the symbol SSR. Each CDI confers a beneficial interest in one common share. Therefore, CDI holders are entitled to a dividend calculated on the same basis as the holders of SSR Mining's common shares.

SSR Mining has sought and been granted a temporary waiver of certain of the ASX Settlement Operating Rules. Under the authority of the waiver, the processing of conversions of common shares to CDIs, or CDIs to common shares, lodged on or after or after November 12, 2021, will be deferred until after the record date of November 15, 2021.

The key dates with respect to the dividend are as follows:

Payments to Canadian shareholders will be made in Canadian dollars based on the exchange rate on the record date as reported by the Bank of Canada. Payments to other shareholders will be made in U.S. dollars. For CDI holders, payments will be made in Australian dollars, and it is expected to be based on the prevailing exchange rate sourced from the wholesale foreign exchange market on or around 5 business days after the record date.

About SSR Mining

SSR Mining Inc. is a leading, free cash flow focused gold company with four producing assets located in the USA, Turkey, Canada, and Argentina, combined with a global pipeline of high-quality development and exploration assets in the USA, Turkey, Mexico, Peru, and Canada. In 2020, the four operating assets produced approximately 711,000 gold-equivalent ounces. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and SSR on the ASX.

Qualified Persons

Except as otherwise set out herein, the scientific and technical information contained in this News Release relating to Copler has been reviewed and approved by Robert L. Clifford, BS (Mine Eng), SME Registered Member, and Dr. Cengiz Y. Demirci, AIPG (CPG), each of whom is a qualified person under NI 43-101 {蹊 –} Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Clifford is the Company's Director, Mine Planning (Turkey, Argentina), and Dr. Demirci is the Company's Vice President, Exploration. The scientific and technical information contained in this News Release relating to Marigold has been reviewed and approved by Greg Gibson and James N. Carver, each of whom is a SME Registered Member and a qualified person under NI 43-101. Mr. Gibson is the Company's Vice President of Operations {郢 –} Americas and Mr. Carver is the Company's Resource Development Manager, USA. The scientific and technical information contained in this News Release relating to Seabee has been reviewed and approved by Graeme Baker, B. Eng. (Mining), FAusIMM (200051), and Jeffrey Kulas, P.Geo., each of whom is a qualified person under NI 43-101. Mr. Baker is employed by OreWin Pty Ltd as Principal Mining Consultant, and Mr. Kulas is the Company's Resource Development Manager, Canada. The scientific and technical information contained in this News Release relating to Puna has been reviewed and approved by Greg Gibson, P.Eng., and Karthik Rathnam, MAusIMM (CP), each of whom is a qualified person under NI 43-101. Mr. Gibson is the Company's Vice President of Operations {钢 –} Americas and Mr. Rathnam is the Company's Resource Manager, Corporate.

We seek Safe Harbor.