Exploration Update At Marigold Mine And Seabee Gold Operation

VANCOUVER, BC - Silver Standard Resources Inc. reported on its exploration activities at its Marigold mine in Nevada, U.S. and Seabee Gold Operation in Saskatchewan, Canada, including selected drillhole results from the first quarter of 2017 and, previously unreleased results, from the fourth quarter of 2016.Highlighted drill results at the Marigold mine include: At the Mackay pit, drillhole MRA6434 intersected 1.09 g/t gold over 106.7 meters; At Valmy, drillhole MRA6368 intersected 0.57 g/t gold over 45.7 meters; and At Battle Cry, drillhole MRA6384 intersected 0.51 g/t gold over 91.4 meters. Highlighted drill results at the Seabee Gold Operation include: At Santoy 8A, drillhole SUG-17-902 intersected 21.89 g/t gold over 3.0 meters of true width; At Santoy Gap, drillhole SUG-17-015 intersected uncut grade of 1,004.74 g/t gold over 1.6 meters true width, including an intersected interval of 3,887.8 g/t gold over 0.4 meters true width; and At Santoy, on a new target Gap HW, drillhole JOY-16-749 intersected 8.20 g/t gold over 9.9 meters of true width.

Paul Benson, President and CEO said, "Our exploration programs at Marigold and Seabee continue to deliver positive results that demonstrate resource growth potential. We were pleased with the significant increase in Mineral Reserves at both operations at the end of 2016 and are confident that our exploration activities this year, supported by strong in-house expertise and expenditures of $5 million at each mine, will once again have a positive impact on our year-end Mineral Reserves. Brownfields exploration is a key aspect of our strategy to extend the life of our operations and create long term shareholder value. At the Marigold mine, exploration activities during the first quarter of 2017 focused on the conversion of Mineral Resources to Mineral Reserves in areas proximal to the 2016 Mineral Reserves. During the quarter we completed 10,255 meters of reverse circulation drilling in 44 drillholes on four targets in close proximity to the existing pits. The most notable results include drillhole MRA6434 located in the center of the Mackay pit, which intersected 1.09 g/t gold over 106.7 meters from 43 meters below surface. Further drilling will be conducted in these four target areas during the remainder of the year.”