San Agustin's Resources Increase Exposure to Silver and Gold
VANCOUVER, BC - Silver Standard Resources Inc. reported significant gold and silver resources at the San Agustin property in Durango, Mexico. The resource is comprised of indicated gold resources totaling 1.59 million ounces and silver resources of 47.9 million ounces; and inferred gold resources totaling 1.06 million ounces and silver resources of 37.0 million ounces.
The property is located 85 kilometers north of Durango City and approximately 100 kilometers south-southeast of Silver Standard's Pitarrilla Project in Durango, Mexico.
The block model resource estimate was completed by Dr. Gilles Arseneau, P. Geo., Chief Geologist, of Wardrop, A Tetra Tech Company in Vancouver, B.C., and is based on a geological interpretation supplied by Silver Standard to Wardrop.
In addition to the completion of an updated resource estimate, Silver Standard is planning geophysical surveys, metallurgical studies and additional drilling. The 100%-owned property has excellent exploration potential for additional resources, both near surface and at depth.
The company’s address is 999 West Hastings Street, Suite 1180, Vancouver, BC V6C 2W2, 604-689-3846, fax: 604-689-3847.