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News Release
June 20, 2023
SSR MINING ANNOUNCES POSITIVE EXPLORATION RESULTS AT COPPER HILL
Recent Drilling Includes 1.4% Cu Over 140 Meters and 2.2% Cu Over 32 Meters
Mineralization Defined From Surface and Approaching One Kilometer of Strike
DENVER - SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) ("SSR Mining" or the “Company") is pleased to announce results from 42 diamond drill holes completed at the Copper Hill property (“Copper Hill” or “the Property”), for the period from June, 2022 to October, 2022. Copper Hill is located approximately 30 kilometers southwest of the town of Kürtün in the Black Sea region of northeast Türkiye, and is approximately 260 kilometers from SSR Mining’s Hod Maden project (see Figure 1). Exploration at Copper Hill to date has focused on defining the initial footprint of copper mineralization through diamond drilling. Reflecting the Property’s growth potential, SSR Mining increased its ownership in the Copper Hill joint venture to 70% at the end of 2021.
At present, copper mineralization has been defined along nearly one kilometer of strike to a depth of approximately 250 meters below surface (see Figure 2). Currently, the mineralization exhibits low levels of other metals (less than 0.03% lead and zinc) and arsenic (averaging below 8ppm), suggesting potential for a clean copper concentrate attractive to smelting companies. Results to date also showcase mineralization starting from surface over broad intercepts that suggest potential for an open pit operation in the future. Exploration activity is planned to restart in September, 2023, targeting potential extensions of the currently defined mineralization as well as identifying and testing new targets on the property.
Copper Hill drilling highlights include (see Figures 2 through 5 and Table 1):
CH002: 1.1% Cu over 37.0 meters from surface
CH012: 1.4% Cu over 139.7 meters from 134.4 meters
oIncluding: 1.6% Cu over 33.9 meters from 204.2 meters and 3.5% Cu over 21.3 meters from 246.4 meters
CH020: 2.2% Cu over 31.9 meters from 282.5 meters
CH038: 1.4% Cu over 44.7 meters from 7.6 meters
oIncluding: 2.4% Cu over 18.6 meters from 22.0 meters

SSR Mining Inc.
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Table 1: Significant copper intercepts from 2022 drilling at Copper Hill
Hole IDFrom
(m)
To
(m)
Interval
(m)
Cu
(%)
CH0020.037.037.01.1
Including7.435.027.61.3
CH003166.7181.314.62.2
Including166.7179.713.02.4
CH005135.5190.555.00.7
CH012134.4274.1139.71.4
Including204.2238.133.91.6
Including246.4267.721.33.5
CH016109.7140.030.31.5
Including109.7133.623.91.7
CH020282.5314.431.92.2
Including292.5314.421.92.9
CH028159.8192.132.31.0
CH030121.0159.538.51.1
Including130.7148.117.42.0
CH0387.652.344.71.4
Including22.040.618.62.4
 110.4162.151.71.0
Including112.4145.332.91.5
Significant intervals are reported at a nominal 0.2% copper cut-off and with a maximum 5 meters of contiguous dilution. All thicknesses are down hole length, and true widths are not known at this stage.
See Table 2 for additional details on the intercepts listed in this table.

SSR Mining Inc.
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Overview of the Copper Hill Property
Copper Hill is 70% owned and operated by SSR Mining and 30% owned by joint venture partner Lidya Mines (the “Joint Venture”). Copper Hill sits within a package of exploration leases known as Kazıkbeli and all leases are unencumbered by any existing royalties.
The Lidya Mines exploration team discovered Copper Hill and undertook the preliminary exploration activities on behalf of the Joint Venture. Exploration activities were initiated in 2009, consisting of surface sampling (rock and soil sampling) and ground magnetics. In April 2020, results were released for the initial eight diamond drill holes, totaling 3,181 meters, completed on the Property. To date, 77 diamond drill holes, totaling 24,600 meters, have been completed. The northwest-southeast trending mineralized zone has been identified over a strike length of more than 900 meters with a minimum width of 300 meters and starting at surface to a currently defined depth extent of at least 250 meters.
In addition to forthcoming drilling plans, the exploration team is planning geophysical surveys at Copper Hill for the 2023 field season, which aims to advance the continued definition of the potential overall extent of mineralization at the Property. SSR Mining is also planning additional regional exploration activity to identify and test copper skarn and porphyry targets across the greater Kazıkbeli land package.
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Figure 1. Location of the Copper Hill prospect and SSR Mining’s overall Kazıkbeli district exploration leases.

SSR Mining Inc.
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Overview of Mineralization Style
Copper Hill is a skarn-type copper prospect associated with a late Cretaceous volcano-plutonic complex consisting of a volcano-sedimentary sequence intruded by three intrusive phases. The intrusive phases include an east-west trending elongate granite porphyry at the center of the current project area, along with a granodiorite to the south and a feldspar porphyry to the southwest and northeast. Calcic exoskarn mineralization is west-northwest to east-southeast trending and currently defined over a strike length of more than 900 meters, a width of 300 meters and to a depth of at least 250 meters. The skarn mineralization resulted from the emplacement of a quartz feldspar porphyry into the volcano-sedimentary sequence and decreases in thickness away from the intrusive contact. Copper mineralization is almost entirely sulfide, with oxide zones typically very narrow and constrained close to surface or immediately adjacent to significant faults. Four sets of high angle faults are found within the target area, generated during a major compression post-dating the skarns and copper mineralization at Copper Hill.
Currently, the mineralization at Copper Hill is considered “clean” as it exhibits low levels of other metals (less than 0.03% lead and zinc) and arsenic (averaging below 8ppm), suggesting potential for a clean copper concentrate attractive to smelting companies. This is atypical for skarn-type deposits and should bode well for future economic studies on the Property.
Copper Hill Exploration Figures
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Figure 2. Simplified geological map of the Copper Hill prospect showing the main host rocks and skarn zones along with major structures, and drill locations.
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Figure 3. Cross section A-A’ from Figure 2 showing main lithologies, intercepts and skarn zones interpreted from drilling completed to-date.
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Figure 4. Cross section B-B’ from Figure 2 showing main lithologies, intercepts and skarn zones interpreted from drilling completed to-date.
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image.jpgFigure 5. Cross section C-C’ from Figure 2 showing main lithologies, intercepts and skarn zones interpreted from drilling completed to-date.

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Technical Procedural Information Sampling and Analytical Procedures
The diamond drill cores were sampled as half core at 1.0 meter intervals as an average or with variable core length not smaller than 0.6 meters depending on the alterations and geological contacts. One half was sent to the assay lab and the other half was retained as witness core. The samples were submitted to ALS Global laboratories in Izmir, Türkiye for sample preparation and analysis which is an ISO/IEC 7025:2005 certified and accredited laboratory. Bureau Veritas (Acme) laboratory, in Ankara, Türkiye was used for umpire check sample analysis. The samples were analyzed for a full element suite Four Acid Digestion with ICP-AES Finish; ME-ICP61 (33 element four acid-ICP-AES). For copper assays greater than or equal to 10%, aqua regia digestion with Four Acid Overlimit Method was used; ME-OG62 (Ore Grade Elements - Four Acid- ICP-AES).
The total batch of 16,141 samples include 5.64% certified reference materials (“CRMs”), 5.12% blank and 9.66% duplicates for a quality control insertion rate of not less than 20.43% of the total samples. SSR Mining conducts routine QA/QC analysis on all assay results, including the systematic insertion of CRMs, blanks, field duplicates, and umpire laboratory check assays. The certified reference materials were commercial standards from the Ore Research Ltd. There were no adverse material results detected and the QA/QC indicates the information collected is acceptable, and the database can be used for further studies.
SSR Mining's drill and geochemical samples were collected in accordance with accepted industry standards. SSR Mining conducts routine QA/QC analysis on all assay results, including the systematic utilization of certified reference materials, blanks, field duplicates and umpire laboratory check assays.
External review of data and processes relating to the prospect was completed by independent Consultant Dr. Erdem Yetkin, P.Geo. in December 2022.
Qualified Persons
The exploration results disclosed in this document were prepared under the supervision of and approved by Rex Brommecker, P.Geo and Registered Member of the Professional Geoscientists of Ontario and Senior Vice President, Exploration at SSR Mining. Rex Brommecker has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and is a qualified person for purposes of Subpart 1300 of Regulation S-K ("S-K 1300”) and National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”).
External review of data and processes relating to the Copper Hill was completed in December 2022 by independent consultant Dr. Erdem Yetkin, P.Geo. a qualified person as defined by SK-1300 and NI 43-101. There were no adverse material results detected and Dr. Yetkin is of the opinion that the QA/QC indicates the information collected is acceptable, and the database can be used for announcing the exploration results.

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About SSR Mining
SSR Mining Inc. is a leading, free cash flow focused gold company with four producing operations located in the USA, Türkiye, Canada, and Argentina, combined with a global pipeline of high-quality development and exploration assets. Over the last three years, the four operating assets combined have produced, on average, more than 700,000 gold-equivalent ounces annually. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and SSR on the ASX.

SSR Mining Contacts:
F. Edward Farid, Executive Vice President, Chief Corporate Development Officer
Alex Hunchak, Director, Corporate Development and Investor Relations

SSR Mining Inc.
E-Mail: invest@ssrmining.com
Phone: +1 (888) 338-0046

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Cautionary Note Regarding Forward-Looking Information

Except for statements of historical fact relating to us, certain statements contained in this news release constitute forward-looking information, future oriented financial information, or financial outlooks (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information may be contained in this document and our other public filings. Forward-looking information relates to statements concerning our outlook and anticipated events or results and, in some cases, can be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts.

Forward-looking information and statements in this news release are based on certain key expectations and assumptions made by us. Although we believe that the expectations and assumptions on which such forward-looking information and statements are based are reasonable, undue reliance should not be placed on the forward-looking information and statements because we can give no assurance that they will prove to be correct. Forward-looking information and statements are subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include, but are not limited to: local and global political and economic conditions; governmental and regulatory requirements and actions by governmental authorities, including changes in government policy, government ownership requirements, changes in environmental, tax and other laws or regulations and the interpretation thereof; developments with respect to the COVID-19 pandemic, including the duration, severity and scope of the pandemic and potential impacts on mining operations; and other risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission on EDGAR and the Canadian securities regulatory authorities on SEDAR.

Forward-looking information and statements in this news release include any statements concerning, among other things: preliminary exploration and extent of potential mineralization in this document; production, operating, cost, and capital expenditure guidance; our operational and development targets and catalysts; forecasts and outlook, including related to production guidance and exploration activities; the results of any gold reconciliations; the ability to discover additional copper ore; matters relating to proposed exploration; communications with local stakeholders; maintaining community and government relations; negotiations of joint ventures; negotiation and completion of transactions; commodity prices; Mineral Resources, Mineral Reserves, conversion of Mineral Resources, realization of Mineral Reserves, and the existence or realization of Mineral Resource estimates; the development approach; the timing and amount of future production; the timing of studies, announcements, and analysis; the timing of construction and development of proposed mines and process facilities; capital and operating expenditures; economic conditions; availability of sufficient financing; exploration plans; receipt of regulatory approvals; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, environmental, regulatory, and political matters that may influence or be influenced by future events or conditions.

Such forward-looking information and statements are based on a number of material factors and assumptions, including, but not limited in any manner to, those disclosed in any other of our filings on EDGAR and SEDAR, and include: the inherent speculative nature of exploration results; the ability to explore; communications with local stakeholders; maintaining community and governmental relations; status of negotiations of joint ventures; weather conditions at our operations; commodity prices; the ultimate determination of and realization of Mineral Reserves; existence or realization of Mineral Resources; the development approach; availability and receipt of required approvals, titles, licenses and permits; sufficient working capital to develop and operate the mines and implement development plans; access to adequate services and supplies; foreign currency exchange rates; interest rates; access to capital markets and associated cost of funds; availability of a qualified work force; ability to negotiate, finalize, and execute relevant agreements; lack of social opposition to our mines or facilities; lack of legal challenges with respect to our properties; the timing and amount of future production; the ability to meet production, cost, and capital expenditure targets; timing and ability to produce studies and analyses; capital and operating expenditures; economic conditions; availability of sufficient financing; the ultimate ability to mine, process, and sell mineral products on economically favorable terms; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, geopolitical, regulatory and political factors that may influence future events or conditions. While we consider these factors and assumptions to be reasonable based on information currently available to us, they may prove to be incorrect.

The above list is not exhaustive of the factors that may affect any of the Company’s forward-looking information. You should not place undue reliance on forward-looking information and statements. Forward-looking information and statements are only predictions based on our current expectations and our projections about future events. Actual results may vary from such forward-looking information for a variety of reasons including, but not limited to, risks and uncertainties disclosed in our filings on our website at www.ssrmining.com, on SEDAR at www.sedar.com, on EDGAR at www.sec.gov and on the ASX at www.asx.com.au and other unforeseen events or circumstances. Other than as required by law, we do not intend, and undertake no obligation to update any forward-looking information to reflect, among other things, new information or future events. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Qualified Persons

The scientific and technical information concerning our mineral projects in this news release have been reviewed and approved by a “qualified person” under S-K 1300. For details on the “qualified persons” approving such information, a description of the key assumptions, parameters and methods used to estimate mineral reserves and mineral resources for SSR Mining Inc.’s material properties included in this news release, as well as data verification procedures and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, sociopolitical, marketing or other relevant factors, please review the Technical Report Summaries for each of the Company’s material properties which are available at www.sec.gov.


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Table 2: All drill holes completed at Copper Hill between June 2022 and November 2022.
Hole IDFrom
(m)
To
(m)
Interval
(m)
Cu
(%)
Oxidation StateComments
CH00192.999.26.30.6Sulfide 
Including92.993.91.02.3Sulfide
CH0020.037.037.01.1Sulfide(1)
Including7.435.027.61.3Sulfide 
 163.1180.016.90.5Sulfide
Including171.4172.51.11.3Sulfide
Including178.0180.02.01.8Sulfide
CH00374.897.022.20.7Sulfide 
Including82.387.04.72.0Sulfide
 166.7181.314.62.2Sulfide
Including166.7179.713.02.4Sulfide
CH004161.3166.85.50.5Sulfide 
Including165.8166.81.01.4Sulfide
 185.3211.326.00.7Sulfide(1)
Including200.0208.78.71.3Sulfide 
CH005135.5190.555.00.7Sulfide(2)
Including141.9157.715.81.5Sulfide 
Including165.0167.02.01.4Sulfide
CH006160.6184.323.70.4Sulfide 
Including160.6163.63.01.5Sulfide
CH007151.3159.88.50.9Sulfide 
Including152.9156.63.71.6Sulfide
 188.0194.96.90.4Sulfide
Including188.0189.01.01.4Sulfide
 223.8259.435.60.6Sulfide(1)
Including230.4231.41.01.4Sulfide 
Including233.2234.51.31.1Sulfide
Including252.6258.45.81.8Sulfide
CH008N.S.I
CH00997.2104.77.50.5Sulfide 
121.6132.911.30.3Sulfide(1)
143.6158.114.50.5Sulfide 
Including151.8152.81.02.6Sulfide
 214.9231.116.20.2Sulfide
CH010N.S.I
CH011N.S.I
CH01210.034.824.80.4Sulfide(4)
Including33.834.81.01.5Sulfide 
 53.060.57.51.9Sulfide
Including53.660.56.91.9Sulfide
 121.8127.86.00.6Sulfide
Including121.8122.81.01.1Sulfide
Including125.8126.81.01.8Sulfide
 134.4274.1139.71.4Sulfide(3)
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Hole IDFrom
(m)
To
(m)
Interval
(m)
Cu
(%)
Oxidation StateComments
Including135.4139.44.01.7Sulfide 
Including168.7184.716.01.7Sulfide
Including204.2238.133.91.6Sulfide
Including246.4267.721.33.5Mixed
CH013N.S.I
CH014134.0152.718.70.5Mixed(1)
Including135.0136.01.01.3Sulfide
Including140.2141.21.01.6Mixed 
 197.2204.77.52.1Mixed
Including198.5204.76.22.5Mixed
 219.0229.810.80.6Sulfide(1)
Including221.9223.92.01.4Sulfide 
CH015N.S.I
CH0160.011.811.80.3Mixed 
109.7140.030.31.5Sulfide
Including109.7133.623.91.7Mixed
Including139.0140.01.03.6Sulfide
CH017N.S.I
CH018166.6200.533.90.8Mixed(1)
Including167.3168.61.31.7Mixed
Including185.1196.911.81.3Mixed 
Including198.5200.52.02.1Sulfide
CH019126.0140.814.80.3Sulfide(1)
155.0163.48.40.3Mixed 
Including155.0156.01.01.4Mixed
CH020282.5314.431.92.2Sulfide(1)
Including282.5284.52.01.2Sulfide 
Including292.5314.421.92.9Sulfide(1)
CH02197.8104.26.41.2Mixed 
Including100.0104.24.21.7Mixed
CH0220.07.67.60.9Mixed 
Including2.56.74.21.4Mixed
 95.4110.915.50.4Mixed
Including101.5102.61.12.8Sulfide
 123.0132.09.00.2Sulfide
143.0164.021.01.1Sulfide(1)
Including160.6164.03.45.7Sulfide 
 213.2223.210.00.3Sulfide
Including219.2220.21.01.7Sulfide
CH023N.S.I
CH024N.S.I
CH02556.565.99.40.4Sulfide 
Including63.464.61.21.1Sulfide
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Hole IDFrom
(m)
To
(m)
Interval
(m)
Cu
(%)
Oxidation StateComments
CH026116.7122.86.10.5Sulfide 
Including120.8121.81.01.6Sulfide
 132.9150.717.80.7Sulfide
Including136.8147.610.81.1Sulfide
CH02719.032.613.60.5Sulfide 
Including26.827.81.02.9Mixed
 50.6104.353.70.5Sulfide(1)
Including55.766.210.51.0Sulfide 
Including68.770.01.31.6Sulfide
Including101.1104.33.21.3Mixed
CH02880.894.013.20.9Sulfide 
Including80.884.13.33.1Sulfide
 101.0127.626.61.1Sulfide(1)
Including103.5109.15.63.8Sulfide 
 145.0152.87.81.6Sulfide
Including146.0151.85.82.0Sulfide
 159.8192.132.31.0Sulfide
Including159.8163.53.72.1Sulfide
Including172.1182.210.11.4Sulfide
Including190.1192.12.02.3Sulfide
 203.1221.017.91.0Sulfide(1)
CH02935.645.610.00.7Sulfide 
Including41.642.61.02.8Sulfide
 145.2153.28.03.8Sulfide
Including147.1152.35.25.6Sulfide
CH0300.025.025.00.7Sulfide 
Including6.012.06.01.9Mixed
 58.264.66.41.0Sulfide
Including63.464.61.23.2Sulfide
 121.0159.538.51.1Sulfide(1)
Including130.7148.117.42.0Sulfide 
Including154.0155.01.01.2Sulfide
 170.0178.58.50.7Sulfide
Including171.0172.01.03.3Sulfide
 215.6223.07.40.4Sulfide
CH031N.S.I
CH0320.911.110.20.4Mixed 
Including6.07.11.11.3Mixed
 29.140.811.70.6Sulfide
Including30.331.31.01.4Sulfide
Including35.336.81.51.0Sulfide
 46.354.88.51.3Sulfide
Including48.153.85.71.7Sulfide
 
 
67.191.924.80.2Sulfide
140.5153.212.70.3Sulfide
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Hole IDFrom
(m)
To
(m)
Interval
(m)
Cu
(%)
Oxidation StateComments
CH0331.615.513.90.2Sulfide 
278.3290.712.40.6Sulfide
Including278.3281.12.81.1Mixed
CH03460.867.36.50.2Sulfide 
CH035N.S.I
CH036219.0240.721.70.2Sulfide 
259.4268.69.20.5Sulfide
Including267.6268.61.01.5Sulfide
CH03749.855.55.70.5Sulfide 
CH0387.652.344.71.4Sulfide 
Including13.516.93.43.1Sulfide
Including22.040.618.62.4Sulfide
 67.095.028.00.5Sulfide
Including70.371.31.02.0Sulfide
Including80.381.31.03.6Sulfide
 110.4162.151.71.0Sulfide(1)
Including112.4145.332.91.5Sulfide 
CH0395.030.325.30.9Sulfide 
Including9.517.47.91.0Mixed
Including23.430.36.92.0Sulfide
 45.255.210.01.1Sulfide
Including48.153.85.71.5Sulfide
CH0400.09.59.50.6Mixed 
34.757.923.20.6Sulfide
Including34.739.44.71.3Sulfide
Including47.749.41.72.1Sulfide
 66.875.89.00.8Sulfide
Including68.571.22.72.0Sulfide
 104.0112.08.00.4Sulfide
Including110.0111.01.01.6Sulfide
CH041N.S.I
CH04240.057.917.90.6Sulfide 
Including40.042.02.01.2Sulfide
Including45.046.01.01.2Sulfide
 63.568.55.00.6Sulfide
Including64.565.51.01.1Sulfide
 81.687.05.40.6Sulfide
Significant intervals reported at a nominal 0.2% copper cut-off and with a maximum 5 meters of contiguous dilution are given in Table 2. All thicknesses are down hole length and true thicknesses are not known at this stage. NSI – No Significant Intercepts.
(1) Including 30cm of isolated geotechnical sample.
(2) Including 60cm of isolated geotechnical sample.
(3) Including 90cm of isolated geotechnical sample.
(4) Including 30cm of isolated geotechnical sample, 4.90m core loss.




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Supporting Drilling Information to SSR Mining Announcement

This document provides supporting drill collar locations and composite assay results for the Copper Hill drilling program referenced in the announcement “SSR Mining Announces Positive Exploration Results at Copper Hill”, June 20, 2023.

Drill collar locations are surveyed in UTM Zone 37N, ED50 grid using differential GPS in units of meters. All drilling was diamond core drilling with HQ and PQ core sizes. HQ is 63.5mm and PQ is 85 mm in diameter.

Table 3: Drill Collar Coordinates
Hole IDEastingNorthingElevation
(m)
Azimuth
(deg.)
Dip
(deg.)
End of Hole
(m)
CH00148308344913082288200-80320.2
CH0024832724491404223760-60263.0
CH0034829444491330230965-75308.5
CH0044830734491461228730-70276.5
CH00548331544912302277150-80371.2
CH0064832544491493225975-80262.8
CH0074828894491353230675-75398.2
CH00848347544915642222130-60381.3
CH00948352044912942216140-60278.0
CH010482906449139723030-90572.0
CH01148363344914272199150-60524.3
CH01248316344912872281120-60476.0
CH01348387244909932151330-60368.0
CH01448299444914302304130-80316.8
CH01548386844909962151130-60287.0
CH016483214449126122860-90355.0
CH0174834774491566222250-60248.0
CH0184831084491439227030-60326.0
CH0194831844491456226130-60315.6
CH020482993449142923040-75419.7
CH0214832244491428224965-70470.0
CH02248335244912402267150-70296.0
CH0234832584491493225930-60267.8
CH0244828934491313231470-80389.0
CH0254833154491382223645-60254.0
CH0264834124491349223010-60332.0
CH02748341644911972254150-75383.0
CH028483028449129623005-80308.0
CH0294835074491314221630-60260.0
CH03048356044913052199135-60278.0
CH03148293344914192305330-70437.0
CH03248359344913392184145-60308.0
CH03348359444911882172200-60326.0
CH0344834444491317223430-50302.0
CH03548311444912662291210-70364.4
CH03648302744912992301210-75435.6
CH03748347144912742234140-70224.0
CH03848359544913362184185-60356.0
CH03948368844912162135140-50135.0
CH04048363744912992169140-60170.8
CH04148356744912322194190-60224.0
CH04248360744912582183170-60184.9

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