more success with step-out holes at snowfield:

Silver Standard Resources Inc. (TSX:SSO - News)(NASDAQ:SSRI - News) is pleased to report that ongoing diamond drilling of the Snowfield Project continues expanding known mineralization to the south. Most of the new mineralization is in areas previously classified as waste in the Preliminary Assessment announced in September 2010 (see news release dated September 13, 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-111 intersected 109 meters (358 feet) from surface averaging 0.72
    grams of gold per tonne and 0.50% copper, including 48 meters averaging
    1.09 grams of gold per tonne and 0.91% copper.

Six step-out holes extended the gold-molybdenum mineralization by up to 300 meters to the south. Highlights included:

 

--  MZ-113 intersected 78 meters (223 feet) averaging 0.98 grams of gold per
    tonne and 0.04% copper.

--  MZ-114 intersected 182 meters (596 feet) from surface averaging 0.56
    grams of gold per tonne and 0.04% copper, including 48 meters averaging
    0.79 grams of gold per tonne and 0.03% copper from surface.

This drilling, part of an initial 42,000-meter program of infill and step-out drilling on the Brucejack and Snowfield Projects subsequently expanded to over 48,000 meters, included 17,976 meters completed on the Snowfield Project.

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