Canadian Mining Journal

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GOLD: Silver Standard continues to drill at Seabee operation



SASKATCHEWAN – Silver Standard Resources of Vancouver has planned 65,000 metres of underground drilling and 18,000 metres of surface drilling at the Seabee gold mine 125 km northeast of La Ronge. Silver Standard secured the property with the acquisition of Claude Resources in May this year.

During the first half of the year, drilling focused on the Santoy gap for infill and exploration purposes. Since March 2016, 67 holes have been drilled to infill the Santoy gap 9A, 9B and 9C quartz veins. Assays from these areas are very encouraging – with some of the highest being 20.14 g/t Au over 4.0 metres, 28.64 g/t over 4.9 metres, and 39.06 g/t over 2.7 metres (all true widths). Not every hole is so high, but many are 2 to 5 g/t.

Longitudinal section of the Santoy mine complex 2016 drill program.

Longitudinal section of the Santoy mine complex 2016 drill program.

During the second half of the year, Silver Standard intends to continue infill drilling in the Santoy gap to convert inferred resources to reserves. Surface drilling will also be conducted to explore the lateral and down plunge extensions of mineralization at the Santoy mine.

Additional information about the high grade Seabee mine is available at www.SilverStandard.com/operations/production/seabee/.