11:51 AM EST - Silver Standard Resources Inc. : announced today an update for the Pitarrilla project in Durango, Mexico, including an updated mineral resources estimate for oxide and sulphide mineralization. Highlights: Contracted M3 Engineering to complete the Pitarrilla feasibility study. M3 has designed and built many mines in Mexico, including the Penasquito mine. Feasibility study on track for mid-year 2012 completion. Measured and Indicated mineral resources estimate of 655.7 million ounces of contained silver (at a 30 g/t silver cut-off grade). Inferred mineral resources estimate of 65.0 million ounces of contained silver (at a 30 g/t silver cut-off grade). Silver Standard Resources Inc.
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