The Rainbow discovery is within 250 metres of a high-voltage power line and 550 metres from a historic shaft with road access to processing facilities in Flin Flon.

Silver miner has expanded the size of its Terronera development project in Jalisco State in Mexico.

The company has hired CSA Global Consultants to lead the study preparation.

Company has temporarily suspended operations at its silver-gold mine in Mexico due to covid-19 cases.

The plant is expected to reach 85% of its 4,000 t/d nameplate capacity by the end of 2021.

The company says it will not be releasing any details about the plan until it is accepted by the USACE.

Company's shares were up 7.4% midday Friday after it reported initial assay results from its 10,000 metre 2020-21 core drilling program.

Shares of SSR Mining surged 10.1% following its Q3 2020 results.