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Silver Standard Resources Inc.

09:44 AM EST - Silver Standard Resources Inc. : confirmed significant gold and silver resources at the San Agustin property in Durango, Mexico. The company noted that the resource is comprised of indicated gold resources totaling 1.59 million ounces and silver resources of 47.9 million ounces; and inferred gold resources totaling 1.06 million ounces and silver resources of 37.0 million ounces. The property is located 85 kilometres north of Durango City and about 100 kilometres south-southeast of Silver Standard's Pitarrilla Project in Durango, Mexico. Silver Standard Resources Inc. shares T.SSO are trading down $0.34 at $18.86.