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Gold/Mining/Energy : SSRIF Silver Standard Resources
SSO 116.71+0.5%Oct 31 4:00 PM EDT

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To: EZbeliever who wrote (348)3/5/1999 1:27:00 PM
From: Gord Bolton  Read Replies (1) of 403
 
Hi Gord - we are not presently drilling at Manantial Espejo since our first priority is to complete the feasibility study at Bowdens which calls for more drilling. At Manantial Espejo, we are currently relogging all core from diamond drilling in order to better understand the emplacement environment of the silver-gold mineralization. The vein systems at ME are structurally controlled and in our recent mapping of the concession, in which we covered only 60% of the concession on widely-spaced lines, we discovered six new vein systems that require trenching and drilling. Several have strike lengths similar to the Maria Vein, a kilometre-long vein which hosts 70% of the resources defined to date at ME. This mapping project was the first ever undertaken at ME and points to its potential. The next stage of work will involve further mapping and prospecting through the summer and I expect we will resume trenching and drilling in the fall, subject to the availability of funds. Trust this helps. Are you on our e-mail list/would you like to be?

Paul LaFontaine
Manager, Investor Relations
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