Road to future paved with silver

British Columbia's Silver Standard Resources, which controls the world's largest in-ground silver resource of any publicly traded silver company, began operations with the Silver Standard Mine in the province's north in 1946.

Within 12 years, that small but profitable operation had extracted 7 million ounces of silver.

In 1958, the company began to focus on unexplored areas in the region. Silver Standard was a pioneer, discovering deposits like Minto and Red Chris, whose full potential are only just being realized today.

In this early exploration phase, the company developed a reputation for technical expertise that its current president, Robert Quartermain, continues to pursue today.

Quartermain led the company through tough times in the 1990s by acquiring a number of silver properties, confident that shareholders would eventually be rewarded with an upturn in silver prices. After 15 years, Quartermain's vision has been realized and investors are now reaping the benefits.

"We are disciplined and focused. Being in the mining business, we have a long-term view. Today, the company has just over $180 million in the bank. Our patience and planning have paid off," he explained.

The company acquired 17 properties during its expansion, giving it prime standing in the industry.

Furthermore, with a string of projects in the pipeline, Silver Standard is well positioned for the long term and offers a great opportunity for both new and existing investors.

"While other companies dilute shareholder value by looking to grow creatively, we have the ability to grow both organically and through exploration with success in our own brown and green-field projects," Quartermain said.

Silver Standard's present exploration activities in Canada, Argentina, Peru, Chile, Mexico, Australia and the United States will soon be boosted by the start of production at the Pirquitas silver mine in Jujuy province, Argentina.

www.silverstandard.com

(China Daily 11/13/2007 page28)