Silver Standard Resources Inc. is a Vancouver-based mining company focused on the operation, development, exploration and acquisition of precious metal projects. It is listed on the Toronto Stock Exchange (TSX: SSO) and on the NASDAQ Global Market (NASDAQ: SSRI). In April 2014, the Company became a multi-mine precious metals producer with the acquisition of the Marigold mine, a gold mine in Nevada, U.S. Marigold has operated since 1988 and produced 162,000 ounces of gold in 2013, as disclosed by Goldcorp Inc.
Silver Standard’s second mine is the wholly-owned Pirquitas mine in Argentina, one of the largest primary silver mines in the world. Pirquitas achieved commercial production in December 2009. In 2013, Pirquitas produced 8.2 million ounces of silver and is expected to produce in excess of 8.2 million ounces of silver in 2014. Silver Standard also has two wholly-owned feasibility stage projects, Pitarrilla in Mexico and San Luis in Peru. The Company has an active exploration program and in 2014 plans to continue exploration activities at the San Luis project area and on additional mineral properties located throughout the Americas.
Silver Standard is equipped with an experienced management team of mine-builders and operators with proven capabilities. A healthy cash balance, a significant ownership interest in Pretium Resources Inc. and investment in other marketable securities maintain the Company’s strong financial position. Additionally, Silver Standard controls an extensive portfolio of grassroots exploration projects. With the right people, an enviable cash position and a diversified portfolio, Silver Standard is well-positioned to deliver growth and long-term shareholder value.
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