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Silver Standard Resources Inc.

Published : March 31st, 2017

Receives Extension on the Chinchillas Project Option Agreement

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Silver Standard Resources, Inc.

Silver Standard Receives Extension on the Chinchillas Project Option Agreement

VANCOUVER, March 30, 2017 /CNW/ - Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announces that Golden Arrow Resources Corporation (TSX-V: GRG) ("Golden Arrow") and Silver Standard have agreed to extend the period in which we have the right to exercise our option to form a joint venture with Golden Arrow for the development of the Chinchillas project (the "Business Combination Agreement"). This period has been extended to March 31, 2017. The Business Combination Agreement was previously announced in our news release dated October 1, 2015.

About Silver Standard

Silver Standard is a Canadian-based precious metals producer with three wholly-owned and operated mines, including the Marigold gold mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada and the Pirquitas silver mine in Jujuy Province, Argentina. We also have two feasibility stage projects and a portfolio of exploration properties in North and South America. We are committed to delivering safe production through relentless emphasis on Operational Excellence. We are also focused on growing production and Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.

For further information contact:
W. John DeCooman, Jr.
Vice President, Business Development and Strategy
Silver Standard Resources Inc.
Vancouver, BC� 
N.A. toll-free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@silverstandard.com

To receive Silver Standard's news releases by e-mail, please register using the Silver Standard website at www.silverstandard.com.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements") concerning the anticipated developments in our operations in future periods, and other events or conditions that may occur or exist in the future. All statements, other than statements of historical fact, are forward-looking statements. Generally, forward-looking statements can be identified by the use of words or phrases such as "expects," "anticipates," "plans," "projects," "estimates," "assumes," "intends," "strategy," "goals," "objectives," "potential," or variations thereof, or stating that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved, or the negative of any of these terms or similar expressions. These forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including those various risks and uncertainties identified under the heading "Risk Factors" in our most recent Annual Information Form filed with the Canadian securities regulatory authorities and included in our most recent Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission. Our forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and we do not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.

SOURCE Silver Standard Resources Inc.

To receive Silver Standard's news releases by e-mail, please register using the Silver Standard website at www.silverstandard.com.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements") concerning the anticipated developments in our operations in future periods, and other events or conditions that may occur or exist in the future. All statements, other than statements of historical fact, are forward-looking statements. Generally, forward-looking statements can be identified by the use of words or phrases such as "expects," "anticipates," "plans," "projects," "estimates," "assumes," "intends," "strategy," "goals," "objectives," "potential," or variations thereof, or stating that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved, or the negative of any of these terms or similar expressions. These forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including those various risks and uncertainties identified under the heading "Risk Factors" in our most recent Annual Information Form filed with the Canadian securities regulatory authorities and included in our most recent Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission. Our forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and we do not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.

SOURCE Silver Standard Resources Inc.

To unsubscribe, please click here.

For further information contact:
W. John DeCooman, Jr.
Vice President, Business Development and Strategy
Silver Standard Resources Inc.
Suite 800 – 1055 Dunsmuir Street
PO Box 49088
Vancouver, BC V7X 1G4
N.A. toll-free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@silverstandard.com
www.silverstandard.com
Service provided by NASDAQ OMX
Data and Statistics for these countries : Argentina | Canada | All
Gold and Silver Prices for these countries : Argentina | Canada | All

Silver Standard Resources Inc.

PRODUCER
CODE : SSO.TO
ISIN : CA82823L1067
CUSIP : 82823L 106
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Silver Standard is a producing silver company based in Canada.

Silver Standard produces silver, tin and zinc in Argentina, develops gold and silver in Peru, and holds various exploration projects in Peru.

Its main asset in production is PIRQUITAS in Argentina, its main asset in development is SAN LUIS PROJECT in Peru and its main exploration properties are CANDELARIA NEVADA and BERENGUELA in Peru, VETA COLORADA, PITARILLA, PENASCO QUEMADO and SAN AGUSTIN in Mexico, SUNRISE LAKE in Canada, CHALLACOLLO in Chile and DIABLILLOS and MAVERICK SPRINGS in Argentina.

Silver Standard is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.7 billions as of today (US$ 1.2 billions, € 1.1 billions).

Its stock quote reached its lowest recent point on September 04, 1998 at CA$ 1.01, and its highest recent level on April 28, 2017 at CA$ 14.07.

Silver Standard has 119 400 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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12/18/2012Files NI 43-101 Technical Report on the Pitarrilla Project, ...
12/5/2012Announces Positive Feasibility Study for Pitarrilla and Incr...
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2/14/2012(Pirquitas)Pirquitas Silver Concentrate Sales Update
8/8/2011Revised Time for the Second Quarter Conference Call and Webc...
3/31/2011Announces Pricing of Secondary Offering of Units of Pretivm ...
3/24/2011Announces Secondary Offering of Common Shares of Pretivm Res...
2/1/2011Announces Automatic Conversion of Convertible Promissory Not...
1/28/2011Announces Senior Management Changes
1/6/2011Announces Exercise of Over-Allotment Option in Connection Wi...
12/23/2010Files NI 62-103 Report in Connection With Its Sale of the Sn...
12/10/2010George Paspalas has resigned as Chief Operating Officer of t...
10/20/2010Brucejack Drilling Concludes for 2010; Significantly Expande...
10/6/2010Brucejack Drilling Continues Expanding Gold-Silver Zones
9/30/2010Snowfield Project-Gold Zone Continues Expanding
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8/26/2010Snowfield Gold Zone Significantly Expanded
7/12/2010Brucejack Drilling Cuts Bonanza-Grade Gold Mineralization
4/27/2010Provides Update on Exploration Program
2/12/2010Announces Pricing of Public Offering of Common Shares
2/11/2010announces public offering of common shares
2/5/2010Files Amended Base Shelf Prospectus
12/1/2009Snowfield and Brucejack Gold Resources: M&I-23.80 Million Ou...
11/25/2009Sale of Canadian ABCP Notes
8/17/2009Closing of Public Offering of Common Shares
8/13/2009Exercise of Over-Allotment Option
8/12/2009pricing of public offering of common shares
8/11/2009public offering of common shares
2/24/2009Announces Pricing of Public Offering of Common Shares
2/23/2009announces public offering of common shares
2/11/2009San Agustin Option Expires
2/11/2009Files Preliminary Base Shelf Prospectus
10/22/2008Drilling Defines New Gold-Copper Zone at Snowfield
8/25/2008All Resources Increase at Pitarrilla's Breccia Ridge Zone
8/8/2008Changes to Silver Standard's Board of Directors
2/27/2008 Closes Sale of US$138 Million of Convertible Notes
2/22/2008Prices US$120 Million Convertible Notes Offering
2/20/2008Offers US$120 Million of Convertible Notes
8/22/2007Provides Short-Term Investment Status
4/10/2007Total Pitarrilla Silver Resources Increase by 28%
12/19/2005Follow up N° 9
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TORONTO (SSO.TO)NASDAQ (SSRI)
14.07+3.08%10.29+2.59%
TORONTO
CA$ 14.07
04/28 11:30 0.420
3.08%
Prev close Open
13.65 13.70
Low High
13.68 14.13
Year l/h YTD var.
12.73 -  15.58 10.53%
52 week l/h 52 week var.
10.69 -  20.02 23.96%
Volume 1 month var.
85,635 0.285%
24hGold TrendPower© : 11
Produces Silver - Tin - Zinc
Develops Gold - Silver
Explores for Copper - Gold - Lead - Silver - Zinc
 
 
 
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201717.15%16.1112.06
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2013-50.30%9.9210.15
 
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AU$ 2.22+3.74%Trend Power :
Levon(Au-Ag)LVN.V
to Complete Resource Infill Drilling to Test a Starter Pit Scenario
CA$ 0.94-3.09%Trend Power :
Victoria Gold Corp.(Au)VIT.V
Begins $6.2M, Phase 1 Exploration Program, Yukon
CA$ 0.70-1.41%Trend Power :
Bonavista Energy(Ngas-Oil)BNP-UN.TO
Announces Increase to Exchangeable Share Ratio
CA$ 28.85-0.93%Trend Power :
Eurasian Min.(Cu-Au-Ag)EMX.V
Announces Release of 2016 Annual Report and Management Discussion and Analysis
CA$ 1.15-1.71%Trend Power :
Columbus Gold(Au)CGT.V
Columbus Gold Announces Voting Results of its Annual Meeting
CA$ 0.34+0.00%Trend Power :
Pretium ResourcesPVG.TO
Brucejack Transmission Line Energized
CA$ 13.62+3.10%Trend Power :
Silver Wheaton(Cu-Le-Zn)SLW.TO
Silver Wheaton Provides Details of Annual and Special Meeting of Shareholders, Files Form 40-F, and
CA$ 27.40+1.07%Trend Power :
Barrick Gold(Cu-Le-Ni)ABX.TO
Reports Restrictions at Veladero Mine Heap Leach Facility
CA$ 26.41-1.49%Trend Power :
HudBay(Cu-Le-Ni)HBM.TO
Hudbay Provides Update on Operations and Growth Projects
CA$ 8.30+2.72%Trend Power :
Silver Standard(Ag-Au-Cu)SSO.TO
Receives Extension on the Chinchillas Project Option Agreement
CA$ 14.07+3.08%Trend Power :
Peregrine Diamonds(Gems)PGD.TO
Announces Results of Voting for Election of Directors
CA$ 0.19+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Portia Gold Sales Exceed 20000 oz
AU$ 0.61-4.69%Trend Power :
Oceana Gold(Au)OGC.AX
ANNOUNCES FIRST GOLD POUR AT THE HAILE GOLD MINE IN SOUTH CAROLINA
AU$ 4.24+4.69%Trend Power :
Uranium Res.(Ur)URRE
Announces Closing of $9.7 Million Public Offering
US$ 1.69-4.52%Trend Power :
Santos(Ngas-Oil)STO.AX
2016 Fourth Quarter Activities Report
AU$ 3.48+1.16%Trend Power :
Pioneer Resources(Au-Ni)PIO.AX
intersects further High Grade Caesium and Lithium mineralisation at Pioneer Dome LCT Pegmatite Proje
AU$ 0.02+0.00%Trend Power :