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Environmental Policy

Silver Standard Resources Inc. is committed to a policy of sustainable resource development which embodies the protection of human health and the natural environment. In Canada and internationally, the Company will comply with regulatory requirements and diligently apply technically proven and economically feasible methodologies to protect the environment throughout its exploration, mining, processing and closure activities.

The following undertakings constitute the environmental policy of Silver Standard Resources Inc.

Corporate Priority

Recognize environmental management as an important corporate policy and establish policies, programs and practices for conducting business in an environmentally sound manner.

Integrated Management

Integrate environmental policies, programs and practices into all activities of the organization.

Environmental Management

Monitor the performance of environmental programs and management systems to ensure compliance with Company and regulatory requirements.

Continual Improvement

Establish an ongoing program of review and improvement of environmental performance, taking into account technical and economic development and scientific understanding of environmental effects of operations.

Efficiency

Develop, design and operate facilities based upon the efficient use of energy, resources and materials.

Risk Management

Identify, assess and manage environmental risks.

Incident Management

Develop and maintain emergency preparedness plans to ensure protection of the environment, workers and the public.

Public Policy

Work with the appropriate authorities to develop effective, efficient and equitable measures to protect the environment based on sound science.

Contractors and Supplies

Require contractors to comply with corporate environmental requirements and work co-operatively with suppliers to identify opportunities to improve environmental quality and performance.

Communications

Encourage dialogue on environmental issues with employees and the public and be responsible to concerns.

Employees

Ensure that all employees understand and are able to fulfill their environmental responsibilities.

Closure

Reclaim sites in accordance with site specific criteria in a planned and timely manner.