Silver Standard Resources Inc.: Snowfield Project-Gold Zone Continues Expanding
Silver Standard Resources Inc. (TSX:SSO, NASDAQ:SSRI) reported that ongoing diamond drilling of the Snowfield Project continues expanding known mineralization to the south.
Silver Standard Resources Inc. (TSX:SSO)(NASDAQ:SSRI) is pleased to report that ongoing diamond drilling of the Snowfield Project continues expanding known mineralization to the south.
The press release is quoted as saying:
A number of step-out drill holes successfully expanded the gold-copper phase of the mineralization to the southeast by approximately 450 meters. As noted in the highlights below, average copper grades appear to be increasing to the southeast. Highlights of these holes included: MZ-111 intersected 109 meters (358 feet) from surface averaging 0.72 grams of gold per tonne and 0.50% copper, including 48 meters averaging 1.09 grams of gold per tonne and 0.91% copper. Six step-out holes extended the gold-molybdenum mineralization by up to 300 meters to the south. Highlights included: MZ-113 intersected 78 meters (223 feet) averaging 0.98 grams of gold per tonne and 0.04% copper. MZ-114 intersected 182 meters (596 feet) from surface averaging 0.56 grams of gold per tonne and 0.04% copper, including 48 meters averaging 0.79 grams of gold per tonne and 0.03% copper from surface.
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