VANCOUVER, July 6, 2015 /PRNewswire/ - Silver Standard
Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard")
provides an exploration update for recent Mineral Resource
development activities at its Marigold mine ("Marigold") in
Nevada, U.S.
Highlights:
- Mineral Resource development drilling at 8 South pit area
extends higher-grade gold mineralization. Drillhole MR-6034
intersected 2.48 grams per tonne gold over 91.4 metres from 140.2
metres below surface, as previously reported.
- Mineral Resource development drilling identified a new
mineralized structure northwest of the 8 South pit. Drillhole
MRA-6104 intersected 1.18 grams per tonne gold over 56.4 metres
from 221.0 metres below surface.
- Completed assay program of historical drillholes to increase
Mineral Resources and Mineral Reserves estimates for the Mackay
Phase 3 pit. Results are expected in the third quarter of 2015. The
assay program for the remaining life of mine is ongoing and results
will be reported in 2015 and 2016 as they become available.
"Exploration results are adding real value at Marigold beyond
what we initially expected," said John
Smith, President and CEO. "With above reserve grade
intercepts and a new gold structure to the northwest of the 8 South
pit area, we continue to improve our understanding of the
mineralization and increase opportunity for the future at
Marigold."
Assay Program
Marigold has a history of positive ore reconciliation. In order
to investigate the cause of such results, we initiated an
operational excellence program in January
2015. The program reanalyzed select samples from drillholes
completed prior to 2008 that were assigned assay values of "zero"
in the geological database and that are within the current mine
plan. The program is intended to improve our Mineral Resources
model to incorporate results from samples that, at the time, were
below the historical cut-off grade of the analytical method used.
Initial results indicate that there are numerous historical drill
intercepts with gold values above the current 0.065 grams per tonne
payable gold cut-off grade when assayed with a current analytical
method. With the reanalysis incorporated into our Mineral Resources
model, it is expected that areas currently classified as waste can
be converted to ore, thereby increasing Mineral Resources and
Mineral Reserves estimates for Marigold.
In the first half of 2015, 34,926 drill samples were sent to
American Assays Laboratories in Sparks,
Nevada, which is independent from Silver Standard, for
assaying and 21,436 results have been received in relation to the
Mackay Phase 3 area as of June 30,
2015. We are continuing with the assay program with an
additional 65,000 historic drill samples to be assayed during the
second half of 2015 for a total of 99,926 drill samples within
areas planned to be mined over the next four years. This assay
program is expected to be completed by the end of 2016 with a
further 90,000 samples assayed, which will cover the remaining
production years through the planned Marigold life of mine.
Mineral Resource Development Drilling
The 2015 Mineral Resources development program for Marigold is
targeting the discovery and development of gold mineralization
proximal to the open pits, following a successful drilling campaign
in the fourth quarter of 2014. The primary objective of the program
is to upgrade Inferred Mineral Resources to Indicated Mineral
Resources and to convert Mineral Resources to Mineral
Reserves. As of June 30, 2015 a
total of 113 reverse circulation and sonic drillholes have been
completed, for a total of 26,066 metres. Approximately 95% of the
drillholes, for which assay results have been received, intercepted
gold mineralization exceeding the Mineral Resources cut-off grade
of 0.065 grams per tonne payable gold and thickness criteria.
Mineralization within the 8 South pit extension area (8SX),
previously reported, continues to expand with additional drilling.
Another zone of higher grade mineralization has also been
delineated to the northwest of 8SX, known as the 8D area. Refer to
Figure 1 for the location of all drill collars. Selected results
from 13 drillholes with higher-grade gold intercepts are included
in Table 1 and labeled in Figure 1. A complete list of the drill
assay results received in the first half of 2015 for the Marigold
exploration drill program is included in Table 2.
We expect to complete the drill program and modeling of the 8SX
mineralization through the second half of 2015. The drilling
program is expected to be comprised of an additional 9,100 metres
of drilling in 35 reverse circulation holes and 3,800 metres of
sonic drilling of rock stockpiles.
Furthermore, drilling continues on the deep sulphide exploration
program with two additional core holes planned for the second half
of 2015 to test permissive rock units discovered in the initial
phase of drilling for sulphide and carbonate-hosted, high-grade
gold mineralization.
Figure 1. Drillhole Location Plan Map for exploration drill
program at the 8 South pit extension area (8SX) and the 8D area at
the Marigold mine, Nevada, U.S.
Table 1. Selected drillhole highlights from the Marigold
Exploration Drill Program.
Hole ID
|
From
(metres)
|
To
(metres)
|
Width
(metres)
|
Gold Grade
(g/tonne)
|
Deposit
Area
|
MRA6034
|
140.2
|
231.6
|
91.4
|
2.48
|
8SX
|
Including
|
178.3
|
214.9
|
36.6
|
5.86
|
8SX
|
MR6042
|
210.3
|
259.1
|
48.8
|
1.17
|
8D
|
Including
|
222.5
|
234.7
|
12.2
|
3.03
|
8D
|
MR6045
|
202.7
|
367.3
|
164.6
|
1.67
|
8D
|
Including
|
242.3
|
262.1
|
19.8
|
3.97
|
8D
|
Including
|
323.1
|
341.4
|
18.3
|
3.86
|
8D
|
MRA6046
|
213.4
|
266.7
|
53.3
|
1.02
|
8D
|
Including
|
224.0
|
240.8
|
16.8
|
2.11
|
8D
|
MRA6053
|
196.6
|
260.6
|
64.0
|
0.90
|
8SX
|
Including
|
205.7
|
216.4
|
10.7
|
3.06
|
8SX
|
MRA6055
|
259.1
|
298.7
|
39.6
|
0.89
|
8SX
|
MRA6063
|
184.4
|
222.5
|
38.1
|
0.85
|
8SX
|
MRA6079
|
193.5
|
236.2
|
42.7
|
0.72
|
8D
|
MRA6080
|
208.8
|
262.1
|
53.3
|
0.78
|
8D
|
MRA6085
|
201.2
|
230.1
|
28.9
|
0.91
|
8SX
|
Including
|
204.2
|
211.8
|
7.6
|
2.74
|
8SX
|
MRA6098
|
213.4
|
277.4
|
64.0
|
0.69
|
8D
|
Including
|
257.6
|
266.7
|
9.1
|
2.25
|
8D
|
MR6103
|
164.6
|
216.4
|
51.8
|
0.91
|
8SX
|
Including
|
181.4
|
192.0
|
10.6
|
3.08
|
8SX
|
MRA6104
|
221.0
|
277.4
|
56.4
|
1.18
|
8D
|
Notes: Selected results for down hole intercepts 25 grams
x metres and higher. Width values refer to length of down hole
intercept. Drillholes MRA-6034 and MR-6045 have been previously
reported.
Next Steps
Based on the positive results from the exploration and
development programs at Marigold, an additional $2.4 million dollars has been allocated for
capitalized exploration, for a total of $4.2
million for full year 2015.
It is expected that these exploration and development program
results will be included in an updated Mineral Resources estimate
for Marigold in the fourth quarter of 2015 and reported in our
annual 2015 Mineral Resources and Mineral Reserves statement to be
published in the first quarter of 2016.
Qualified Persons
The scientific and technical data contained in this news release
has been reviewed and approved by James N.
Carver, SME Registered Member, and Karthik Rathnam, MAusIMM (CP), each of whom is a
Qualified Person under National Instrument 43-101 — Standards of
Disclosure for Mineral Projects ("NI 43-101"). Mr. Carver and
Mr. Rathnam are employed at the Marigold mine as our Chief
Geologist and Senior Resource Geologist, respectively.
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www.silverstandard.com.
Cautionary Note Regarding Forward-Looking
Statements:
This news release contains forward-looking information within
the meaning of Canadian securities laws and forward-looking
statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995 (collectively, "forward-looking
statements") concerning the anticipated developments in our
operations in future periods, and other events or conditions that
may occur or exist in the future. All statements, other than
statements of historical fact, are forward-looking
statements.
Generally, forward-looking statements can be identified by
the use of words or phrases such as "expects," "anticipates,"
"plans," "projects," "estimates," "assumes," "intends," "strategy,"
"goals," "objectives," "potential" or variations thereof, or
stating that certain actions, events or results "may," "could,"
"would," "might" or "will" be taken, occur or be achieved, or the
negative of any of these terms or similar expressions. The
forward-looking statements in this news release relate to, among
other things: future production of silver, gold and other metals;
future costs of inventory, and cash costs and total costs per
payable ounce of silver, gold and other metals sold; the prices of
silver, gold and other metals; the effects of laws, regulations and
government policies affecting our operations or potential future
operations; future successful development of our projects; the
sufficiency of our current working capital, anticipated operating
cash flow or our ability to raise necessary funds; estimated
production rates for silver, gold and other metals produced by us;
timing of production and the cash costs and total costs of
production at the Pirquitas mine and the Marigold mine; the
estimated cost of sustaining capital; ongoing or future development
plans and capital replacement, improvement or remediation programs;
the estimates of expected or anticipated economic returns from our
mining projects, including future sales of metals, concentrate or
other products produced by us; and our plans and expectations for
our properties and operations.
These forward-looking statements are subject to a variety of
known and unknown risks, uncertainties and other factors that could
cause actual events or results to differ from those expressed or
implied, including, without limitation, the following: uncertainty
of production, development plans and cost estimates for the
Pirquitas mine, the Marigold mine and our projects; our ability to
replace Mineral Reserves; commodity price fluctuations; political
or economic instability and unexpected regulatory changes; currency
fluctuations, particularly the value of the Argentine peso against
the U.S. dollar; the possibility of future losses; general economic
conditions; fully realizing our interest in Pretium Resources Inc.
("Pretium") and our other marketable securities, including the
price of and market for Pretium's common shares and such other
marketable securities; potential export duty and related interest
on current and past production of silver concentrate from the
Pirquitas mine; recoverability and tightened controls over the VAT
collection process in Argentina;
counterparty and market risks related to the sale of our
concentrate and metals; uncertainty in the accuracy of Mineral
Reserves and Mineral Resources estimates and in our ability to
extract mineralization profitably; differences in U.S. and Canadian
practices for reporting Mineral Reserves and Mineral Resources;
lack of suitable infrastructure or damage to existing
infrastructure; future development risks, including start-up delays
and operational issues; our ability to obtain adequate financing
for further exploration and development programs; uncertainty in
acquiring additional commercially mineable mineral rights; delays
in obtaining or failure to obtain governmental permits, or
non-compliance with permits we have obtained; our ability to
attract and retain qualified personnel and management and potential
labour unrest, including labour actions by our unionized employees
at the Pirquitas mine; governmental laws and regulations, including
health, safety and environmental laws and regulations, increased
costs and restrictions on operations due to compliance with such
regulations; reclamation and closure requirements for our mineral
properties; unpredictable risks and hazards related to the
development and operation of a mine or mineral property that are
beyond our control; assessments by taxation authorities in multiple
jurisdictions, including the recent reassessment by the Canada
Revenue Agency; claims and legal proceedings, including adverse
rulings in current or future litigation against us and/or our
directors or officers; compliance with
anti-corruption laws and increased regulatory compliance costs;
complying with emerging climate change regulations and the impact
of climate change; recoverability of deferred consideration to be
received in connection with recent divestitures; uncertainties
related to title to our mineral properties and the ability to
obtain surface rights; our insurance coverage; civil disobedience
in the countries where our mineral properties are located;
operational safety and security risks; actions required to be taken
by us under human rights law; our ability to access, when required,
mining equipment and services; competition in the mining industry
for mineral properties; shortage or poor quality of equipment or
supplies; our ability to complete and successfully integrate an
announced acquisition; conflicts of interest that
could arise from some of our directors' and officers' involvement
with other natural resource companies; information systems security
risks; certain terms of our convertible notes; and those other
various risks and uncertainties identified under the heading "Risk
Factors" in our most recent Annual Information Form filed with the
Canadian securities regulatory authorities and Annual Report on
Form 40-F filed with the U.S. Securities and Exchange Commission
("SEC").
This list is not exhaustive of the factors that may affect
any of our forward-looking statements. Our forward-looking
statements are based on what our management currently considers to
be reasonable assumptions, beliefs, expectations and opinions based
on the information currently available to it. Assumptions have been
made regarding, among other things: our ability to carry on our
exploration and development activities; our ability to meet our
obligations under our property agreements; the timing and results
of drilling programs; the discovery of Mineral Resources and
Mineral Reserves on our mineral properties; the timely receipt of
required approvals and permits, including those approvals and
permits required for successful project permitting, construction
and operation of our projects; the price of the minerals we
produce; the costs of operating and exploration expenditures; our
ability to operate in a safe, efficient and effective manner; our
ability to obtain financing as and when required and on reasonable
terms; and our ability to continue operating the Pirquitas mine and
the Marigold mine. You are cautioned that the foregoing list is not
exhaustive of all factors and assumptions which may have been used.
We cannot assure you that actual events, performance or results
will be consistent with these forward-looking statements, and
management's assumptions may prove to be incorrect. Our
forward-looking statements reflect current expectations regarding
future events and operating performance and speak only as of the
date hereof and we do not assume any obligation to update
forward-looking statements if circumstances or management's
beliefs, expectations or opinions should change other than as
required by applicable law. For the reasons set forth above, you
should not place undue reliance on forward-looking
statements.
Cautionary Note to U.S. Investors
This news release includes Mineral Reserves and Mineral
Resources classification terms that comply with reporting standards
in Canada and the Mineral Reserves
and the Mineral Resources estimates are made in accordance with NI
43-101. NI 43-101 is a rule developed by the Canadian Securities
Administrators that establishes standards for all public disclosure
an issuer makes of scientific and technical information concerning
mineral projects. These standards differ significantly from the
requirements of the SEC set out in Industry Guide 7. Consequently,
Mineral Reserves and Mineral Resources information included in this
news release is not comparable to similar information that would
generally be disclosed by domestic U.S. reporting companies subject
to the reporting and disclosure requirements of the SEC. Under SEC
standards, mineralization may not be classified as a "reserve"
unless the determination has been made that the mineralization
could be economically produced or extracted at the time the reserve
determination is made. In addition, the SEC's disclosure standards
normally do not permit the inclusion of information concerning
"Measured Mineral Resources," "Indicated Mineral Resources" or
"Inferred Mineral Resources" or other descriptions of the amount of
mineralization in mineral deposits that do not constitute
"reserves" by U.S. standards in documents filed with the SEC. U.S.
investors should understand that "Inferred Mineral Resources" have
a great amount of uncertainty as to their existence and great
uncertainty as to their economic and legal feasibility. Moreover,
the requirements of NI 43-101 for identification of "reserves" are
also not the same as those of the SEC, and reserves reported by us
in compliance with NI 43-101 may not qualify as "reserves" under
SEC standards. Accordingly, information concerning mineral deposits
set forth herein may not be comparable with information made public
by companies that report in accordance with U.S. standards.
Table 2. Reverse circulation and sonic drilling assay results
received in H1 2015 for the Marigold Exploration Drill Program.
Hole
ID
|
UTM-N
(Nad27
Zone
11)
|
UTM-E
(Nad27
Zone
11)
|
Elevation
(masl)
|
Azimuth
(deg.)
|
Dip
(deg.)
|
Length
(metres)
|
Classification
|
Area
|
MRA6025
|
4510322
|
486716
|
1482
|
89
|
-50
|
230
|
NSA
|
8D
|
MRA6031
|
4509640
|
486170
|
1524
|
268
|
-75
|
398
|
Resource
|
8SX
|
MRA6032
|
4509677
|
486130
|
1524
|
88
|
-76
|
230
|
Resource
|
8SX
|
MR6034
|
4509705
|
486091
|
1525
|
325
|
-90
|
306
|
Highlights
|
8SX
|
MR6038
|
4510169
|
486578
|
1486
|
320
|
-90
|
154
|
Resource
|
8D
|
MRA6040
|
4510169
|
486579
|
1486
|
91
|
-66
|
154
|
Resource
|
8D
|
MR6041
|
4510322
|
486715
|
1482
|
9
|
-90
|
184
|
NSA
|
8D
|
MR6042
|
4510747
|
486013
|
1481
|
323
|
-89
|
291
|
Highlights
|
8D
|
MRA6043
|
4510747
|
486014
|
1481
|
86
|
-56
|
261
|
Resource
|
8D
|
MRA6044
|
4508359
|
485067
|
1486
|
90
|
-55
|
244
|
Resource
|
Terry Zone
|
MR6045
|
4510624
|
485967
|
1484
|
145
|
-89
|
367
|
Highlights
|
8D
|
MRA6046
|
4510624
|
485966
|
1484
|
268
|
-68
|
337
|
Highlights
|
8D
|
MR6047
|
4510505
|
485982
|
1487
|
46
|
-88
|
367
|
Resource
|
8D
|
MRA6048
|
4510443
|
486030
|
1489
|
270
|
-84
|
322
|
Resource
|
8D
|
MR6049
|
4509302
|
486111
|
1526
|
84
|
-90
|
139
|
Resource
|
8SX
|
MRA6050
|
4509302
|
486111
|
1526
|
246
|
-64
|
184
|
Resource
|
8SX
|
MRA6051
|
4509651
|
486042
|
1523
|
217
|
-64
|
306
|
Resource
|
8SX
|
MRA6052
|
4509650
|
486041
|
1523
|
218
|
-45
|
415
|
Resource
|
8SX
|
MRA6053
|
4509681
|
486043
|
1524
|
266
|
-78
|
306
|
Highlights
|
8SX
|
MRA6054
|
4509620
|
485717
|
1521
|
118
|
-70
|
294
|
Resource
|
8SX
|
MRA6055
|
4509620
|
485718
|
1521
|
120
|
-48
|
459
|
Highlights
|
8SX
|
MR6056
|
4509559
|
485671
|
1522
|
82
|
-89
|
306
|
Resource
|
8SX
|
MRA6057
|
4509555
|
485674
|
1522
|
272
|
-70
|
215
|
Resource
|
8SX
|
MRA6058
|
4509405
|
485573
|
1524
|
88
|
-47
|
337
|
Resource
|
8SX
|
MRA6059
|
4509437
|
485597
|
1524
|
90
|
-65
|
352
|
Resource
|
8SX
|
MRA6060
|
4509041
|
485478
|
1527
|
67
|
-64
|
230
|
Resource
|
8SX
|
MRA6061
|
4509042
|
485480
|
1526
|
65
|
-44
|
373
|
Resource
|
8SX
|
MRA6062
|
4509558
|
485562
|
1558
|
266
|
-75
|
306
|
Resource
|
8SX
|
MRA6063
|
4509619
|
485575
|
1564
|
270
|
-70
|
276
|
Highlights
|
8SX
|
MR6064
|
4509682
|
485834
|
1521
|
321
|
-90
|
312
|
Resource
|
8SX
|
MRA6065
|
4509681
|
485834
|
1521
|
135
|
-61
|
378
|
Resource
|
8SX
|
MRA6066
|
4508473
|
485149
|
1394
|
166
|
-80
|
213
|
Resource
|
Terry
Zone/
Core Pre-
Collar
|
MRA6067
|
4510383
|
485992
|
1491
|
270
|
-79
|
300
|
Resource
|
8D
|
MR6068
|
4510166
|
486045
|
1485
|
221
|
-90
|
306
|
Resource
|
8D
|
MR6069
|
4510259
|
485977
|
1493
|
285
|
-88
|
337
|
Resource
|
8D
|
MRA6070
|
4510260
|
485978
|
1493
|
89
|
-60
|
306
|
Resource
|
8D
|
MRA6071
|
4509407
|
486024
|
1553
|
265
|
-56
|
180
|
Resource
|
8SX
|
MRA6072
|
4509571
|
486226
|
1524
|
86
|
-69
|
197
|
Resource
|
8SX
|
MRA6073
|
4509634
|
486234
|
1524
|
72
|
-79
|
215
|
Resource
|
8SX
|
MRA6074
|
4510322
|
485939
|
1493
|
88
|
-79
|
312
|
Resource
|
8D
|
MRA6075
|
4510443
|
486157
|
1454
|
269
|
-76
|
306
|
Resource
|
8D
|
MR6076
|
4509687
|
486289
|
1501
|
245
|
-89
|
184
|
Resource
|
8SX
|
MRA6077
|
4509687
|
486288
|
1501
|
270
|
-60
|
184
|
Resource
|
8SX
|
MRA6078
|
4509530
|
486114
|
1524
|
270
|
-60
|
373
|
Resource
|
8SX
|
MR6079
|
4510566
|
485983
|
1486
|
67
|
-89
|
338
|
Highlights
|
8D
|
MRA6080
|
4510566
|
485982
|
1486
|
272
|
-71
|
337
|
Highlights
|
8D
|
MRA6081
|
4509710
|
486413
|
1497
|
92
|
-80
|
139
|
Resource
|
8SX
|
MRA6082
|
4509710
|
486414
|
1497
|
90
|
-56
|
154
|
Resource
|
8SX
|
MR6083
|
4510536
|
486045
|
1486
|
138
|
-89
|
322
|
NSA
|
8D
|
MRA6084
|
4510536
|
486045
|
1486
|
92
|
-69
|
367
|
Resource
|
8D
|
MRA6085
|
4509530
|
486115
|
1524
|
273
|
-69
|
398
|
Highlights
|
8SX
|
MR6086
|
4509726
|
486305
|
1501
|
254
|
-89
|
154
|
Resource
|
8SX
|
MRA6087
|
4509726
|
486305
|
1502
|
272
|
-74
|
184
|
Resource
|
8SX
|
MRA6088
|
4509530
|
486115
|
1524
|
271
|
-80
|
343
|
Resource
|
8SX
|
MRA6089
|
4509529
|
486163
|
1526
|
269
|
-81
|
245
|
Assay
Pending
|
8SX
|
MRA6090
|
4510672
|
485962
|
1483
|
82
|
-68
|
291
|
Resource
|
8D
|
MRA6091
|
4510672
|
486032
|
1483
|
79
|
-59
|
261
|
Resource
|
8D
|
MRA6092
|
4509529
|
486166
|
1525
|
0
|
-90
|
245
|
Assay
Pending
|
8SX
|
MRA6093
|
4509560
|
486114
|
1524
|
270
|
-70
|
308
|
Assay
Pending
|
8SX
|
MRA6094
|
4509531
|
485892
|
1591
|
186
|
-80
|
428
|
Resource
|
8SX
|
MRA6095
|
4509408
|
485832
|
1609
|
268
|
-86
|
343
|
Resource
|
8SX
|
MRA6096
|
4509164
|
485724
|
1610
|
273
|
-86
|
361
|
Resource
|
8SX
|
MRA6097
|
4509590
|
486095
|
1524
|
268
|
-75
|
306
|
Resource
|
8SX
|
MRA6098
|
4510749
|
485929
|
1482
|
85
|
-74
|
322
|
Highlights
|
8D
|
MRA6099
|
4509621
|
486074
|
1524
|
270
|
-86
|
312
|
Resource
|
8SX
|
MRA6100
|
4510748
|
486117
|
1480
|
90
|
-60
|
215
|
Resource
|
8D
|
MRA6101
|
4509651
|
486090
|
1524
|
271
|
-66
|
291
|
Resource
|
8SX
|
MRA6102
|
4510809
|
485906
|
1480
|
98
|
-84
|
306
|
Resource
|
8D
|
MR6103
|
4509710
|
486066
|
1525
|
0
|
-90
|
291
|
Highlights
|
8SX
|
MRA6104
|
4510626
|
485935
|
1484
|
89
|
-84
|
346
|
Highlights
|
8D
|
MRA6105
|
4509711
|
486066
|
1525
|
90
|
-61
|
261
|
Resource
|
8SX
|
MRA6106
|
4510626
|
485971
|
1484
|
95
|
-69
|
352
|
Resource
|
8D
|
MRA6107
|
4509499
|
486116
|
1524
|
269
|
-60
|
373
|
Resource
|
8SX
|
MRA6108
|
4509498
|
486117
|
1524
|
275
|
-75
|
367
|
Resource
|
8SX
|
MR6111
|
4509434
|
485844
|
1610
|
21
|
-89
|
396
|
Assay
Pending
|
8SX
|
MRA6112
|
4509560
|
486115
|
1524
|
270
|
-80
|
404
|
Resource
|
8SX
|
MRA6113
|
4509529
|
486166
|
1525
|
92
|
-74
|
245
|
Assay
Pending
|
8SX
|
MRA6114
|
4509621
|
486072
|
1524
|
272
|
-60
|
343
|
Assay
Pending
|
8SX
|
MRA6116
|
4509635
|
486237
|
1525
|
90
|
-50
|
184
|
Assay
Pending
|
8SX
|
MRA6117
|
4509681
|
486027
|
1523
|
272
|
-58
|
337
|
Assay
Pending
|
8SX
|
MRA6118
|
4509711
|
486029
|
1524
|
0
|
-90
|
306
|
Assay Pending
|
8SX
|
MR6123
|
4509704
|
486130
|
1526
|
122
|
-88
|
276
|
Resource
|
8SX
|
SON-1
|
4510028
|
486065
|
1503
|
0
|
-90
|
30
|
Resource
|
Rock
Stockpile
|
SON-2
|
4509918
|
486129
|
1501
|
0
|
-90
|
46
|
Resource
|
Rock
Stockpile
|
SON-3
|
4509755
|
486292
|
1501
|
0
|
-90
|
73
|
Resource
|
Rock
Stockpile
|
SON-4
|
4509164
|
485724
|
1610
|
273
|
-86
|
101
|
Resource
|
Rock
Stockpile
|
SON-5
|
4509408
|
485832
|
1609
|
268
|
-86
|
113
|
Resource
|
Rock
Stockpile
|
SON-6
|
4509531
|
485892
|
1591
|
186
|
-80
|
101
|
Resource
|
Rock
Stockpile
|
SON-7
|
4509369
|
486237
|
1537
|
0
|
-90
|
23
|
Resource
|
Decommissioned
Leach
Cell
|
SON-8
|
4509172
|
486288
|
1557
|
0
|
-90
|
41
|
Resource
|
Decommissioned
Leach
Cell
|
SON-9
|
4511217
|
488083
|
1458
|
0
|
-90
|
12
|
Resource
|
Tailings
Storage
Facility
|
SON-10
|
4511065
|
488351
|
1455
|
0
|
-90
|
9
|
Assay
Pending
|
Tailings
Storage
Facility
|
SON-11
|
4509553
|
486522
|
1529
|
0
|
-90
|
26
|
Assay
Pending
|
Decommissioned
Leach
Cell
|
SON-12
|
4509411
|
486434
|
1524
|
180
|
-30
|
23
|
Assay
Pending
|
Decommissioned
Leach
Cell
|
SON-13
|
4509976
|
486151
|
1502
|
90
|
-70
|
135
|
Resource
|
Rock
Stockpile
|
SON-14
|
4509779
|
485524
|
1580
|
0
|
-90
|
67
|
Resource
|
Rock
Stockpile
|
SON-15
|
4510314
|
486180
|
1467
|
0
|
-90
|
70
|
NSA
|
Rock
Stockpile
|
SON-16
|
4509510
|
486370
|
1525
|
0
|
-90
|
18
|
Resource
|
Decommissioned
Leach
Cell
|
SON-17
|
4510130
|
487001
|
1535
|
0
|
-90
|
52
|
Resource
|
Decommissioned
Leach
Cell
|
SON-18
|
4510204
|
486895
|
1526
|
0
|
-90
|
43
|
Assay
Pending
|
Decommissioned
Leach
Cell
|
SON-19
|
4509864
|
486212
|
1500
|
0
|
-90
|
107
|
Assay
Pending
|
Rock
Stockpile
|
SON-20
|
4509117
|
485747
|
1601
|
0
|
-90
|
78
|
Assay
Pending
|
Rock
Stockpile
|
SON-21
|
4509175
|
485785
|
1608
|
0
|
-90
|
88
|
Assay
Pending
|
Rock
Stockpile
|
SON-22
|
4509102
|
485652
|
1609
|
0
|
-90
|
88
|
Assay
Pending
|
Rock
Stockpile
|
SON-23
|
4509224
|
485743
|
1610
|
0
|
-90
|
90
|
Assay
Pending
|
Rock
Stockpile
|
SRC-24
|
4509266
|
485756
|
1610
|
0
|
-90
|
107
|
Assay
Pending
|
Rock
Stockpile
|
SON-26
|
4509150
|
485658
|
1611
|
0
|
-90
|
90
|
Assay
Pending
|
Rock
Stockpile
|
SRC-28
|
4509173
|
485751
|
1609
|
0
|
-90
|
91
|
Assay
Pending
|
Rock
Stockpile
|
SON-29
|
4509286
|
485820
|
1613
|
0
|
-90
|
94
|
Assay
Pending
|
Rock
Stockpile
|
SRC-31
|
4509285
|
486037
|
1550
|
0
|
-90
|
40
|
Assay
Pending
|
Rock
Stockpile
|
SRC-32
|
4509187
|
485702
|
1609
|
0
|
-90
|
104
|
Assay
Pending
|
Rock
Stockpile
|
SON-39
|
4509394
|
485898
|
1609
|
0
|
-90
|
98
|
Assay
Pending
|
Rock
Stockpile
|
SRC-40
|
4509342
|
485785
|
1609
|
0
|
-90
|
107
|
Assay
Pending
|
Rock
Stockpile
|
Note: Drillholes not reported in Table 2 have not yet been
drilled. Descriptions for Classification include:
'Highlights', which refers to 'Highlighted Result' included in
Table 1 and Figure 1, 'Resource' which indicates that the Resource
Intercept meets the Mineral Resources grade criteria, and 'NSA'
which refers to 'No Significant Assay'.
SOURCE Silver Standard Resources Inc.