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Message: Snowfield Gold Zone Significantly Expanded

more good news from snowfield:

Silver Standard Resources Inc. (TSX:SSO - News)(NASDAQ:SSRI - News) is pleased to report that ongoing diamond drilling of the Snowfield Project has significantly expanded known mineralization to the south and southeast. Most of the new mineralization is in areas previously classified as waste in the Preliminary Assessment announced in June 2010. The wholly-owned Snowfield Project is located 65 kilometers north of the town of Stewart in British Columbia, Canada.

A number of step-out drill holes successfully expanded the gold-copper phase of the mineralization to the southeast by approximately 450 meters. As noted in the highlights below, average copper grades appear to be increasing to the southeast. Highlights of these holes included:

 

-- MZ-97 intersected 217 meters (714 feet) averaging 0.84 grams of gold per
tonne and 0.12% copper.

-- MZ-90 intersected 285 meters (935 feet) averaging 0.46 grams of gold per
tonne and 0.28% copper, including 32 meters (103 feet) averaging 0.67
grams of gold per tonne and 0.77% copper.

-- MZ-105 intersected 113 meters (369 feet) averaging 0.35 grams of gold
per tonne and 0.30% copper, including 35 meters (113 feet) averaging
0.66 grams of gold per tonne and 0.46% copper.


Three step-out holes extended the gold-molybdenum mineralization by approximately 600 meters to the south. Highlights included:

--  MZ-103 intersected 234 meters (768 feet) averaging 0.62 grams of gold
per tonne and 0.05% copper.

-- MZ-82 intersected 95 meters (312 feet) averaging 0.78 grams of gold per
tonne and 0.03% copper.

-- MZ-81 intersected 68 meters (223 feet) from surface averaging 0.48 grams
of gold per tonne and 0.01% copper.

http://finance.yahoo.com/news/Silver-Standard-Resources-Inc-iw-3871622218.html?x=0&.v=1

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