Silver
Standard Resources: President of Argentina Inaugurates Pirquitas Mine
SAN SALVADOR DE JUJUY,
ARGENTINA, Apr 7, 2009 (Marketwire via COMTEX News Network) -- Silver
Standard Resources Inc. (TSX:SSO)(NASDAQ:SSRI) is pleased to report that the
President of the Republic of Argentina, Dra. Cristina Fernandez de Kirchner,
accompanied by Governor Walter Barrionuevo of Jujuy, Secretary of Mining,
Jorge Mayoral and other federal and provincial dignitaries inaugurated the
Pirquitas Mine yesterday at a ceremony in San Salvador de Jujuy. Robert
Quartermain, President & CEO, and senior corporate and in-country
management represented the company at the ceremony.
Mr. Quartermain said,
"We are honoured by Presidenta Kirchner's recognition of our investment
and achievements at Pirquitas and look forward to many years of mining
operations at Mina Pirquitas."
Pirquitas is expected to produce six million ounces of silver
this year and average 10 million ounces of silver over its 14.5 year mine
life (based on current reserves) making it the largest silver mine in
Argentina and one of the largest primary silver mines in the world.
Silver Standard Resources Inc. is a significant silver and gold
resource company that seeks growth through exploration and development of its
own projects. (Source: Silver Standard Resources Inc.)
To receive Silver Standard's news releases by e-mail, contact
Paul LaFontaine, director, investor relations at invest@silverstandard.com or call
(888) 338-0046.
Statements contained in this news release that are not
historical fact, such as statements regarding the economic prospects of the
company's projects, future plans or future revenues, timing of development or
potential expansion or improvements, are forward-looking statements as that
term is defined in the Private Securities Litigation Reform Act of 1995. Such
forward looking statements are subject to risks and uncertainties which could
cause actual results to differ materially from estimated results. Such risks
and uncertainties include, but are not limited to, the company's ability to
raise sufficient capital to fund development, changes in economic conditions
or financial markets, changes in prices for the company's mineral products or
increases in input costs, litigation, legislative, environmental and other
judicial, regulatory, political and competitive developments in Canada,
technological and operational difficulties or inability to obtain permits
encountered in connection with exploration and development activities, labour
relations matters, and changing foreign exchange rates, all of which are
described more fully in the company's filings with the Securities and
Exchange Commission.
SOURCE: Silver Standard Resources Inc.
Silver Standard Resources Inc.
Robert A. Quartermain
President
(604) 689-3846
Silver Standard Resources Inc.
Paul LaFontaine
Director, Investor Relations
N.A. Toll Free: 1-888-338-0046 or Direct: (604) 484-8212
Email: invest@silverstandard.com
Website: www.silverstandard.com