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Silver Standard Resources Inc.

11:46 AM EST - Silver Standard Resources Inc. : Announced the discovery of a new gold mineralized area at its Marigold mine in Nevada, referred to as the HideOut area.Mineral Resources development drilling identified a new higher grade mineralized centre known as the HideOut area, located southeast of the 8 South pit. Drillhole MR-6170 intersected 2.47 g/t gold over 76.2 metres from 152.4 metres below surface, including 5.44 g/t gold over 30.5 metres from 161.5 metres below surface. Silver Standard Resources Inc. shares T.SSO are trading up $0.62 at $9.10.