Silver Standard Resources, Inc.
SILVER STANDARD RESOURCES INC (Form: 6-K, Received: 05/02/2017 06:05:24)


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For May 1, 2017
Commission File Number: 000-26424
SILVER STANDARD RESOURCES INC.
(Translation of registrant's name into English)

#800 - 1055 Dunsmuir Street
PO Box 49088, Bentall Postal Station
Vancouver, British Columbia
Canada V7X 1G4
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

[ ] Form 20-F   [x] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [         ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [             ]

DOCUMENTS FILED AS PART OF THIS FORM 6-K

See the Exhibit Index hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



 
Silver Standard Resources Inc.
 
(Registrant)
 
 
 
Date: May 1, 2017
By:
Signed: "Gregory Martin"
 
 
Gregory Martin
 
Title:
Chief Financial Officer







IMAGE0B50.GIF

SUBMITTED HEREWITH

Exhibits
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 






A20170501CORPEXPLORAT_IMAGE1.JPG
May 1, 2017
News Release 17-14

SILVER STANDARD PROVIDES FIRST QUARTER 2017 CORPORATE EXPLORATION UPDATE

VANCOUVER, B.C. -- Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) provides an update on its exploration activities at its Marigold mine in Nevada, U.S. and Seabee Gold Operation in Saskatchewan, Canada, including selected drillhole results from the first quarter of 2017 and, previously unreleased results, from the fourth quarter of 2016.
Highlights:
Highlighted drill results at the Marigold mine include:
At the Mackay pit, drillhole MRA6434 intersected 1.09 g/t gold over 106.7 meters;
At Valmy, drillhole MRA6368 intersected 0.57 g/t gold over 45.7 meters; and
At Battle Cry, drillhole MRA6384 intersected 0.51 g/t gold over 91.4 meters.
Highlighted drill results at the Seabee Gold Operation include:
At Santoy 8A, drillhole SUG-17-902 intersected 21.89 g/t gold over 3.0 meters of true width;
At Santoy Gap, drillhole SUG-17-015 intersected uncut grade of 1,004.74 g/t gold over 1.6 meters true width, including an intersected interval of 3,887.8 g/t gold over 0.4 meters true width; and
At Santoy, on a new target Gap HW, drillhole JOY-16-749 intersected 8.20 g/t gold over 9.9 meters of true width.

Paul Benson, President and CEO said, “Our exploration programs at Marigold and Seabee continue to deliver positive results that demonstrate resource growth potential. We were pleased with the significant increase in Mineral Reserves at both operations at the end of 2016 and are confident that our exploration activities this year, supported by strong in-house expertise and expenditures of $5 million at each mine, will once again have a positive impact on our year-end Mineral Reserves. Brownfields exploration is a key aspect of our strategy to extend the life of our operations and create long term shareholder value.”







Page 1




Marigold mine, U.S.

Exploration activities during the first quarter of 2017 focused on the conversion of Mineral Resources to Mineral Reserves in areas proximal to the 2016 Mineral Reserves. During the quarter we completed 10,255 meters of reverse circulation drilling in 44 drillholes on four targets in close proximity to the existing pits. The most notable results include drillhole MRA6434 located in the center of the Mackay pit, which intersected 1.09 g/t gold over 106.7 meters from 43 meters below surface, as shown in Figures 1 and 2. Further drilling will be conducted in these four target areas during the remainder of the year.

In the fourth quarter of 2016, we continued drilling on targets at Valmy and Battle Cry with the objective of increasing Mineral Resources. Results received in the first quarter of 2017 from this drill program have increased the mineralized volume laterally and at depth compared to our Mineral Resource model at both Valmy and Battle Cry.

At Valmy, the mineralized structural trend continues approximately 400 meters beyond the south-east corner of the historic mining. The best results include drillhole MRA6368, which intersected 0.57 g/t gold over 45.7 meters from 194 meters below surface, followed by drillhole MR6379, located 160 meters away, that intersected 0.5 g/t gold over 85.3 meters, as shown in Figure 3. Such results demonstrate the potential to increase and convert Mineral Resources at Valmy.

The Battle Cry area is located 400 meters south of the Basalt pit and represents a new area that contributed to 2016 Indicated Mineral Resources. The most notable result was from drillhole MRA6384, which intersected 0.51 g/t gold over 91.4 meters from 69 meters below surface. This drillhole is outside of our 2016 Mineral Resource model and demonstrates the potential to increase Mineral Resources for conversion to Mineral Reserves in this area.

The positive drill results received to date from this Marigold drill program warrant further drilling, which is currently underway. Table 1 lists selected drill results from the first quarter of 2017 and the fourth quarter of 2016, while Table 2 provides the collar coordinates and drillhole lengths.

Seabee Gold Operation, Canada

In the first quarter of 2017, we completed 16,267 meters of underground drilling and 11,394 meters of surface drilling in 42 and 24 drillholes, respectively, with the goals to discover, increase and convert Mineral Resources.

Our underground drill program for the first quarter of 2017 focused on three targets, including Santoy Gap, Santoy 8A vein and the new Santoy Gap Hanging Wall (“Gap HW”), with positive results at all three areas.

Drilling at Santoy Gap aims to increase or upgrade Inferred Mineral Resources, with the most notable result being drillhole SUG-17-015, which intersected an uncut grade of 1004.74 g/t gold over 1.6 meters true width, including 3,887.8 g/t gold over 0.4 meters true width. This drillhole is located in an area outside current Mineral Resources but is within 25 meters of existing mineralization. Six drillholes in this area have an average grade of 11.8 g/t gold over a true width of 2.3 meters.






Page 2





At Santoy 8, drilling was focused on upgrading existing Mineral Resources at the Santoy 8A vein, with the most notable result from drillhole SUG-17-902, which intersected 21.89 g/t gold over 3.0 meters on the lower zone of Inferred Mineral Resources. Also on the Santoy 8A vein, we received results from drillhole JOY-16-751, which assayed 9.11 g/t gold over 9.5 meters. This drillhole is located between two areas of Inferred Mineral Resources and has the potential to re-establish continuity between these two zones.

At Gap HW, surface drilling designed to confirm the new target returned an assay of 8.20 g/t gold over 9.9 meters in hole JOY-16-749. Gap HW is mineralization that is associated with a dyke-like mass of granodiorite located almost 200 meters in the hangingwall of the Gap shear zone. If Mineral Resources are confirmed here, they would offer increased operational flexibility.

Further drilling at all three targets is underway to determine the continuity of the identified mineralization. The drill results from our first quarter underground program are shown on the longitudinal section in Figure 4. Table 3 lists highlighted drill results at the Seabee Gold Operation for the fourth quarter of 2016 and first quarter of 2017.

Surface exploration drilling in the first quarter focused on three areas including Porky Main, Carr and Herb, with positive results identified at the former two areas. At Porky Main, three drillholes have been completed to explore the down dip region up to 350 meters below the existing Mineral Resources. Results are still pending, but drillhole PKY-17-049 intersected quartz veining and arsenopyrite with visible gold. Drilling at the Carr target has defined a linear mineralized structure with alteration and mineralization similar to Santoy Gap. Thus far, nine holes have been completed with analytical results received for drillhole CAR-17-001, which intersected 3.09 g/t gold over 1.15 meters. Due to these encouraging results, additional exploration drilling has been planned for the first half of 2017 at both areas to define additional Inferred Mineral Resources.

At the Fisher project, where we hold an option, planning is underway for exploration activities in the second half of 2017. We have compiled available data and prioritized field targets, which will be used to select drill targets. Materials and equipment for the exploration camp, field activities and drilling at the Fisher project were delivered via ice roads during the first quarter of 2017.

Next Steps

At the Marigold mine, 2017 exploration objectives are to replace depleted Mineral Reserves through conversion of existing Mineral Resources and to discover new Mineral Resources. Conversion targets exist at the East Basalt, Battle Cry, Crossfire, and Hollow Point areas and within the Mackay pit.

At the Seabee Gold Operation, our underground 2017 exploration plan is for the completion of up to 60,000 meters of drilling to upgrade existing Mineral Resources and to discover additional Inferred Mineral Resources at Santoy Gap, Santoy 8 and the Seabee mine. At the Seabee mine, we have allocated approximately 30% of underground drilling for testing of targets to maximize Mineral Resource potential at the mine as we develop our longer term strategy for this historically productive area. Our surface drill programs at the Seabee Gold Operation are expected to complete approximately 28,500 meters on up to nine district targets.







Page 3





Figure 1. Drillhole location plan map for the fourth quarter 2016 and first quarter 2017 exploration drill programs at the Marigold mine, Nevada, U.S.

FIGURE1MARIGOLD.JPG



Page 4




Figure 2. Drill cross section along A-A’ highlighting the Mackay pit area at the Marigold mine, Nevada, U.S.

FIGURE2MARIGOLD.JPG



Page 5




Figure 3. Drill cross section along B - B’ highlighting the Valmy area at the Marigold mine, Nevada, U.S.

FIGURE3MARIGOLD.JPG





Page 6




Figure 4. Longitudinal section for the fourth quarter 2016 and first quarter 2017 exploration drill program at Santoy mine complex, Seabee Gold Operation, Saskatchewan, Canada.

FIGURE4SEABEE.JPG


Page 7



Table 1. Selected drillhole results from the fourth quarter 2016 and first quarter 2017 exploration drill programs at the Marigold mine, Nevada, U.S.

Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
MRA6320
0.0
68.6
68.6
0.13
HideOut
 
193.5
210.3
16.8
0.48
 
(including)
196.6
199.6
3.0
1.76
 
MR6336
74.7
94.5
19.8
2.49
Valmy
(including)
76.2
88.4
12.2
3.91
 
 
100.6
170.7
70.1
1.30
 
(including)
105.2
111.3
6.1
1.48
 
(including)
117.3
129.5
12.2
4.01
 
(including)
135.6
141.7
6.1
3.24
 
(including)
146.3
149.4
3.0
1.14
 
 
257.6
262.1
4.6
0.56
 
MR6343
149.4
152.4
3.0
1.13
Valmy
 
169.2
173.7
4.6
0.75
 
 
153.9
167.6
13.7
0.25
 
MR6345
111.3
115.8
4.6
0.47
Valmy
 
158.5
184.4
25.9
0.20
 
 
371.9
379.5
7.6
0.24
 
 
118.9
137.2
18.3
0.43
 
MR6347
131.1
143.3
12.2
0.88
Valmy
(including)
134.1
138.7
4.6
2.12
 
 
176.8
224.0
47.2
0.19
 
MR6348
164.6
182.9
18.3
0.13
Valmy
 
221.0
253.0
32.0
0.23
 
MR6349
221.0
253.0
32.0
0.72
 East Basalt
(including)
237.7
245.4
7.6
1.92
 
 
285.0
338.3
53.3
0.87
 
(including)
285.0
289.6
4.6
4.69
 
(including)
294.1
298.7
4.6
1.13
 
(including)
315.5
320.0
4.6
1.16
 
MRA6350
83.8
91.4
7.6
0.69
East Basalt
(including)
86.9
89.9
3.0
1.42
 
 
105.2
117.3
12.2
0.37
 
 
249.9
272.8
22.9
0.26
 
 
131.1
153.9
22.9
0.17
 
 
253.0
275.8
22.9
0.61
 
(including)
263.7
268.2
4.6
2.15
 
 
291.1
350.5
59.4
0.44
 
(including)
307.8
312.4
4.6
1.10
 
(including)
320.0
326.1
6.1
1.75
 
MR6352
123.4
128.0
4.6
0.52
Valmy


Page 8



Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
 
105.2
118.9
13.7
0.58
 
(including)
114.3
117.3
3.0
1.16
 
 
193.5
204.2
10.7
0.34
 
 
204.2
217.9
13.7
1.08
 
 
217.9
228.6
10.7
0.26
 
 
263.7
298.7
35.1
1.67
 
(including)
265.2
278.9
13.7
2.45
 
(including)
288.0
297.2
9.1
2.09
 
 
298.7
307.8
9.1
0.29
 
 
307.8
338.3
30.5
0.34
 
(including)
312.4
317.0
4.6
1.06
 
MR6354
158.5
210.3
51.8
1.64
East Basalt
(including)
158.5
167.6
9.1
2.84
 
(including)
179.8
184.4
4.6
3.74
 
(including)
185.9
198.1
12.2
2.38
 
 
117.3
144.8
27.4
0.60
 
(including)
120.4
129.5
9.1
1.22
 
 
260.6
310.9
50.3
1.64
 
(including)
263.7
283.5
19.8
3.01
 
(including)
288.0
294.1
6.1
1.49
 
(including)
303.3
306.3
3.0
1.98
 
MR6358
0.0
33.5
33.5
0.10
Valmy
MR6360
109.7
131.1
21.3
0.64
Valmy
(including)
112.8
117.3
4.6
1.67
 
 
147.8
163.1
15.2
0.19
 
MR6361
115.8
126.5
10.7
0.34
Mud Pit
MR6362
82.3
86.9
4.6
0.44
Mud Pit
MRA6363
19.8
27.4
7.6
0.35
Mud Pit
MRA6364
29.0
36.6
7.6
0.43
East Basalt
 
108.2
134.1
25.9
0.57
 
(including)
111.3
114.3
3.0
1.17
 
(including)
131.1
134.1
3.0
1.80
 
 
150.9
167.6
16.8
0.48
 
 
184.4
192.0
7.6
0.99
 
(including)
184.4
187.5
3.0
2.21
 
 
199.6
234.7
35.1
0.83
 
(including)
201.2
202.7
1.5
1.99
 
(including)
208.8
216.4
7.6
2.49
 
MR6365
21.3
33.5
12.2
0.91
East Basalt
(including)
22.9
29.0
6.1
1.60
 
 
117.3
224.0
106.7
0.94
 
(including)
157.0
160.0
3.0
2.72
 
(including)
166.1
187.5
21.3
1.89
 


Page 9



Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
(including)
193.5
207.3
13.7
2.57
 
MR6366
135.6
141.7
6.1
0.98
Valmy
(including)
137.2
140.2
3.0
1.63
 
MR6367
141.7
149.4
7.6
0.33
Valmy
 
158.5
219.5
61.0
0.79
 
(including)
166.1
172.2
6.1
1.24
 
(including)
175.3
181.4
6.1
2.99
 
(including)
195.1
201.2
6.1
1.71
 
 
234.7
285.0
50.3
0.23
 
 
289.6
306.3
16.8
0.22
 
MRA6368
193.5
239.3
45.7
0.57
Valmy
(including)
193.5
196.6
3.0
2.52
 
(including)
199.6
202.7
3.0
1.59
 
 
249.9
260.6
10.7
0.41
 
MR6369
132.6
137.2
4.6
2.24
Valmy
(including)
132.6
135.6
3.0
3.28
 
MR6370
129.5
135.6
6.1
1.07
Valmy
 
143.3
157.0
13.7
0.92
 
(including)
144.8
150.9
6.1
1.63
 
 
167.6
199.6
32.0
0.67
 
(including)
167.6
172.2
4.6
2.20
 
 
205.7
227.1
21.3
0.16
 
MR6371
118.9
163.1
44.2
0.36
Valmy
(including)
152.4
155.4
3.0
1.20
 
(including)
160.0
161.5
1.5
1.33
 
 
170.7
187.5
16.8
0.69
 
(including)
173.7
175.3
1.5
1.57
 
(including)
178.3
181.4
3.0
1.63
 
MR6372
144.8
147.8
3.0
0.81
Valmy
(including)
144.8
146.3
1.5
1.44
 
 
239.3
254.5
15.2
0.32
 
MR6373
83.8
93.0
9.1
1.10
Valmy
(including)
83.8
86.9
3.0
2.31
 
 
108.2
114.3
6.1
0.32
 
MR6374
93.0
152.4
59.4
1.10
East Basalt
(including)
93.0
100.6
7.6
6.93
 
 
163.1
222.5
59.4
0.84
 
(including)
170.7
189.0
18.3
1.89
 
MR6375
169.2
172.2
3.0
0.75
Valmy
 
96.0
117.3
21.3
0.16
 
MR6378
112.8
117.3
4.6
1.10
East Basalt
(including)
112.8
114.3
1.5
2.84
 
 
153.9
179.8
25.9
0.33
 


Page 10



Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
(including)
172.2
175.3
3.0
1.14
 
 
184.4
198.1
13.7
0.25
 
 
217.9
240.8
22.9
0.74
 
(including)
225.6
227.1
1.5
3.21
 
(including)
231.6
234.7
3.0
2.67
 
 
259.1
275.8
16.8
0.40
 
(including)
265.2
266.7
1.5
1.94
 
MR6379
192.0
277.4
85.3
0.51
Valmy
(including)
201.2
208.8
7.6
1.72
 
(including)
248.4
253.0
4.6
2.43
 
(including)
266.7
269.7
3.0
1.47
 
MRA6380
67.1
96.0
29.0
0.17
Battle Cry
MRA6381
54.9
88.4
33.5
0.39
Battle Cry
(including)
73.2
76.2
3.0
1.20
 
MRA6382
36.6
65.5
29.0
0.36
Battle Cry
MRA6383
117.3
146.3
29.0
0.47
Battle Cry
(including)
117.3
118.9
1.5
1.24
 
(including)
126.5
129.5
3.0
1.60
 
 
160.0
178.3
18.3
0.10
 
MRA6384
68.6
160.0
91.4
0.51
Battle Cry
(including)
96.0
99.1
3.0
1.21
 
(including)
105.2
112.8
7.6
2.01
 
(including)
138.7
140.2
1.5
1.59
 
MRA6385
57.9
70.1
12.2
0.32
Battle Cry
 
97.5
114.3
16.8
0.44
 
 
128.0
150.9
22.9
0.46
 
(including)
132.6
135.6
3.0
1.32
 
MRA6386
125.0
152.4
27.4
0.20
Crossfire
 
202.7
221.0
18.3
0.13
 
MR6387
77.7
89.9
12.2
0.46
Crossfire
(including)
79.2
82.3
3.0
1.55
 
MRA6388
109.7
132.6
22.9
0.28
Battle Cry
 
141.7
187.5
45.7
0.69
 
(including)
153.9
161.5
7.6
3.03
 
 
208.8
234.7
25.9
0.13
 
MR6390
59.4
93.0
33.5
0.46
Crossfire
(including)
67.1
71.6
4.6
1.86
 
MR6391
204.2
269.7
65.5
0.73
Valmy
(including)
210.3
224.0
13.7
2.27
 
MR6393
19.8
33.5
13.7
0.18
Crossfire
 
111.3
126.5
15.2
0.17
 
 
161.5
179.8
18.3
0.50
 
(including)
164.6
167.6
3.0
1.15
 


Page 11



Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
MRA6396
0.0
6.1
6.1
0.40
Mackay Pit
 
100.6
118.9
18.3
0.56
 
(including)
100.6
106.7
6.1
1.22
 
 
158.5
195.1
36.6
0.50
 
(including)
179.8
181.4
1.5
1.33
 
(including)
192.0
195.1
3.0
1.15
 
MRA6397
0.0
4.6
4.6
0.45
Mackay Pit
 
80.8
103.6
22.9
0.22
 
 
164.6
216.4
51.8
0.63
 
(including)
167.6
172.2
4.6
0.86
 
(including)
181.4
184.4
3.0
1.08
 
(including)
208.8
213.4
4.6
1.87
 
 
216.4
230.1
13.7
0.18
 
MRA6398
24.4
56.4
32.0
0.25
Mackay Pit
 
134.1
149.4
15.2
0.14
 
 
161.5
182.9
21.3
0.29
 
MRA6399
21.3
42.7
21.3
0.17
Mackay Pit
 
51.8
76.2
24.4
0.17
 
 
123.4
199.6
76.2
0.78
 
(including)
129.5
140.2
10.7
3.13
 
MRA6400
10.7
53.3
42.7
0.37
Mackay Pit
 
135.6
152.4
16.8
0.48
 
 
166.1
189.0
22.9
0.38
 
MRA6401
112.8
123.4
10.7
0.50
Mackay Pit
 
137.2
153.9
16.8
0.40
 
 
153.9
187.5
33.5
0.52
 
 
195.1
210.3
15.2
0.45
 
MRA6404
18.3
57.9
39.6
0.51
Mackay Pit
(including)
24.4
30.5
6.1
1.04
 
(including)
44.2
47.2
3.0
1.34
 
MRA6405
19.8
51.8
32.0
0.40
Mackay Pit
(including)
25.9
27.4
1.5
1.24
 
(including)
30.5
35.1
4.6
1.16
 
 
173.7
178.3
4.6
0.71
 
 
178.3
185.9
7.6
0.48
 
(including)
184.4
185.9
1.5
1.20
 
 
185.9
199.6
13.7
0.92
 
 
199.6
211.8
12.2
0.55
 
 
219.5
233.2
13.7
1.74
 
MRA6406
18.3
29.0
10.7
0.28
Mackay Pit
 
38.1
62.5
24.4
0.20
 
 
181.4
187.5
6.1
0.75
 
 
207.3
221.0
13.7
0.27
 


Page 12



Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
MRA6407
164.6
193.5
29.0
0.69
Mackay Pit
(including)
170.7
176.8
6.1
1.43
 
(including)
189.0
192.0
3.0
1.39
 
MR6408
0.0
61.0
61.0
0.12
HideOut
 
111.3
131.1
19.8
0.11
 
MRA6409
129.5
153.9
24.4
0.31
Mackay Pit
MRA6410
123.4
181.4
57.9
0.58
Mackay Pit
(including)
128.0
135.6
7.6
1.44
 
 
205.7
228.6
22.9
0.21
 
 
233.2
245.4
12.2
0.38
 
MRA6411
137.2
146.3
9.1
0.28
Mackay Pit
MRA6412
0.0
16.8
16.8
0.14
Mackay Pit
 
150.9
172.2
21.3
0.31
 
 
179.8
199.6
19.8
1.23
 
(including)
181.4
190.5
9.1
2.36
 
 
214.9
222.5
7.6
0.34
 
MRA6413
158.5
193.5
35.1
0.36
Mackay Pit
 
211.8
230.1
18.3
0.50
 
MRA6414
0.0
6.1
6.1
0.32
Mackay Pit
 
160.0
178.3
18.3
0.39
Mackay Pit
MRA6415
0.0
22.9
22.9
0.22
Mackay Pit
 
196.6
245.4
48.8
0.64
 
MRA6416
0.0
68.6
68.6
0.11
HideOut
MRA6418
0.0
64.0
64.0
0.09
HideOut
MRA6419
0.0
74.7
74.7
0.09
HideOut
 
117.3
128.0
10.7
0.27
 
MR6420
0.0
27.4
27.4
0.08
HideOut
MRA6422
0.0
7.6
7.6
0.86
Mackay Pit
(including)
0.0
3.0
3.0
1.60
 
 
13.7
22.9
9.1
0.64
 
(including)
15.2
18.3
3.0
1.31
 
MR6423
115.8
134.1
18.3
0.64
Mackay Pit
(including)
115.8
125.0
9.1
0.79
 
 
134.1
199.6
65.5
0.28
 
MR6424
89.9
105.2
15.2
0.39
Mackay Pit
 
118.9
125.0
6.1
0.32
 
 
163.1
179.8
16.8
0.60
 
 
179.8
185.9
6.1
0.53
 
MRA6425
50.3
59.4
9.1
1.01
Mackay Pit
(including)
50.3
54.9
4.6
1.89
 
 
68.6
77.7
9.1
0.63
 
 
108.2
128.0
19.8
0.64
 
(including)
109.7
120.4
10.7
0.98
 


Page 13



Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
MRA6426
27.4
36.6
9.1
0.31
Mackay Pit
 
65.5
82.3
16.8
0.20
 
 
86.9
111.3
24.4
0.95
 
(including)
88.4
93.0
4.6
1.55
 
(including)
97.5
105.2
7.6
1.45
 
MRA6428
64.0
76.2
12.2
2.34
Mackay Pit
(including)
65.5
71.6
6.1
4.28
 
 
83.8
111.3
27.4
0.51
 
(including)
103.6
106.7
3.0
1.30
 
 
144.8
152.4
7.6
0.24
 
(including)
152.4
155.4
3.0
1.59
 
 
155.4
163.1
7.6
0.88
 
 
163.1
176.8
13.7
0.91
 
(including)
163.1
167.6
4.6
1.23
 
 
176.8
184.4
7.6
0.47
 
MRA6429
42.7
64.0
21.3
0.27
Mackay Pit
 
70.1
89.9
19.8
0.64
 
(including)
70.1
76.2
6.1
1.12
 
(including)
82.3
85.3
3.0
1.05
 
 
125.0
155.4
30.5
0.57
 
(including)
132.6
135.6
3.0
1.03
 
 
138.7
146.3
7.6
0.97
 
 
169.2
184.4
15.2
0.28
 
MRA6432
73.2
83.8
10.7
0.96
Mackay Pit
(including)
76.2
82.3
6.1
1.57
 
 
100.6
108.2
7.6
0.79
 
(including)
102.1
106.7
4.6
1.23
 
 
117.3
178.3
61.0
0.42
 
(including)
125.0
128.0
3.0
1.32
 
 
178.3
198.1
19.8
0.29
 
MR6433
83.8
99.1
15.2
0.23
Mackay Pit
MRA6434
42.7
149.4
106.7
1.09
Mackay Pit
(including)
42.7
47.2
4.6
2.70
 
(including)
64.0
82.3
18.3
4.10
 
MR6435
274.3
285.0
10.7
1.22
North Red Dot
(including)
275.8
285.0
9.1
1.35
 
 
317.0
419.1
102.1
0.56
 
(including)
323.1
326.1
3.0
3.13
 
(including)
365.8
379.5
13.7
2.31
 
MRA6436
45.7
144.8
99.1
1.08
Mackay Pit
(including)
45.7
67.1
21.3
4.20
 
MRA6437
45.7
117.3
71.6
1.76
Mackay Pit
(including)
47.2
73.2
25.9
4.19
 


Page 14



Hole ID
From (meters)
To (meters)
Width (meters)
Gold Grade (g/ tonne)
Area
(including)
89.9
93.0
3.0
1.06
 
 
141.7
149.4
7.6
0.25
 
MRA6438
19.8
27.4
7.6
0.57
Mackay Pit
(including)
21.3
24.4
3.0
1.03
 
 
41.1
135.6
94.5
0.67
 
(including)
51.8
56.4
4.6
1.74
 
(including)
62.5
68.6
6.1
1.02
 
(including)
80.8
93.0
12.2
1.15
 
(including)
100.6
109.7
9.1
1.77
 
MR6439
3.0
112.8
109.7
0.62
Mackay Pit
(including)
24.4
33.5
9.1
2.94
 
(including)
56.4
67.1
10.7
1.83
 
MRA6441
50.3
65.5
15.2
0.18
Mackay Pit

Notes: Width in meters represents downhole intersected length, which may or may not be a true thickness of the mineralization. Drillholes presented in this table have thickness greater than six meters at 0.3 g/t gold. If drillholes are not listed, they do not have significant gold values. “Width” may not equal the difference between “To” and “From” due to rounding.


Table 2. Drillhole collars from the fourth quarter 2016 and first quarter 2017 exploration drill programs at the Marigold mine, Nevada, U.S.

HOLE ID
UTM-N (Nad27 Zone11)
UTM-E (Nad27 Zone11)
Elevation (masl)
Azimuth (deg.)
Dip (deg.)
Length (meters)
Area
MRA6320
4508879
485682
1592
85
-71
276
HideOut
MR6336
4504466
487046
1876
278
-89
306
Valmy
MR6343
4504531
487148
1860
197
-90
282
Valmy
MRA6344
4503859
485838
1841
270
-55
337
East Basalt
MR6345
4504559
487143
1857
299
-90
386
Valmy
MRA6346
4503829
485843
1840
270
-54
337
East Basalt
MR6347
4505051
487531
1829
201
-90
276
Valmy
MR6348
4505052
487503
1830
238
-90
276
Valmy
MRA6349
4503556
485880
1840
269
-55
383
East Basalt
MRA6350
4503584
485893
1845
272
-71
367
East Basalt
MRA6351
4503584
485893
1845
270
-55
367
East Basalt
MR6352
4504285
486991
1937
215
-89
276
Valmy
MRA6353
4503528
485860
1835
274
-56
352
East Basalt
MR6354
4503481
485876
1831
170
-89
276
East Basalt
MRA6355
4503481
485876
1831
275
-55
337
East Basalt
MR6356
4506215
486514
1678
254
-89
184
Valmy
MR6357
4506541
486621
1659
67
-90
184
Valmy
MR6358
4506415
486577
1691
358
-90
215
Valmy
MR6360
4504678
487116
1851
272
-90
276
Valmy


Page 15



HOLE ID
UTM-N (Nad27 Zone11)
UTM-E (Nad27 Zone11)
Elevation (masl)
Azimuth (deg.)
Dip (deg.)
Length (meters)
Area
MR6361
4506388
486866
1640
284
-89
154
Mud Pit
MR6362
4506512
486837
1639
240
-90
142
Mud Pit
MRA6363
4506541
486809
1639
269
-63
184
Mud Pit
MRA6364
4503464
485849
1832
272
-86
300
East Basalt
MR6365
4503469
485864
1831
133
-89
306
East Basalt
MR6366
4504374
486955
1914
250
-90
245
Valmy
MR6367
4504375
487107
1914
258
-90
306
Valmy
MRA6368
4504416
487139
1896
88
-65
306
Valmy
MR6369
4504401
486923
1915
180
-90
215
Valmy
MR6370
4504438
487140
1887
307
-90
306
Valmy
MR6371
4504558
487190
1860
99
-88
276
Valmy
MR6372
4504622
487157
1853
68
-89
276
Valmy
MR6373
4504648
487102
1849
248
-89
276
Valmy
MR6374
4503499
485903
1832
194
-90
276
East Basalt
MR6375
4504495
487178
1864
169
-88
245
Valmy
MR6376
4504471
486895
1906
163
-90
337
Valmy
MRA6377
4502578
485635
1859
92
-66
203
Battle Cry
MR6378
4503540
485962
1838
306
-89
276
East Basalt
MR6379
4504355
487319
1895
249
-90
337
Valmy
MRA6380
4502608
485623
1857
88
-60
169
Battle Cry
MRA6381
4502636
485602
1853
90
-61
197
Battle Cry
MRA6382
4502729
485608
1832
94
-61
178
Battle Cry
MRA6383
4502669
485482
1829
93
-69
251
Battle Cry
MRA6384
4502696
485491
1829
88
-61
160
Battle Cry
MRA6385
4502734
485500
1822
92
-61
215
Battle Cry
MRA6386
4505171
487647
1772
269
-46
245
Crossfire
MR6387
4505112
487629
1784
142
-89
215
Crossfire
MRA6388
4503188
485748
1799
91
-54
306
Battle Cry
MR6389
4505227
487465
1801
179
-90
215
Crossfire
MR6390
4505115
487671
1784
69
-90
245
Crossfire
MR6391
4504247
487394
1912
164
-90
306
Valmy
MRA6392
4502915
485560
1847
90
-62
190
Battle Cry
MR6393
4505228
487659
1777
64
-89
215
Crossfire
MR6394
4505288
487636
1773
21
-90
215
Crossfire
MR6395
4503037
485724
1857
317
-90
306
Battle Cry
MRA6396
4508920
485221
1538
90
-60
230
Mackay Pit
MRA6397
4508949
485254
1537
88
-53
230
Mackay Pit
MRA6398
4509131
485396
1527
89
-69
230
Mackay Pit
MRA6399
4509134
485397
1527
268
-70
230
Mackay Pit
MRA6400
4509162
485464
1526
268
-74
245
Mackay Pit
MRA6401
4509040
485435
1526
87
-80
215
Mackay Pit
MRA6402
4509040
485435
1526
88
-66
215
Mackay Pit
MRA6403
4509102
485308
1526
90
-70
230
Mackay Pit


Page 16



HOLE ID
UTM-N (Nad27 Zone11)
UTM-E (Nad27 Zone11)
Elevation (masl)
Azimuth (deg.)
Dip (deg.)
Length (meters)
Area
MRA6404
4509103
485383
1526
90
-55
215
Mackay Pit
MRA6405
4509195
485426
1527
270
-69
245
Mackay Pit
MRA6406
4509190
485429
1527
87
-84
245
Mackay Pit
MRA6407
4509375
485429
1539
89
-78
229
Mackay Pit
MR6408
4508850
485686
1591
27
-90
261
HideOut
MRA6409
4509342
485486
1532
86
-68
245
Mackay Pit
MRA6410
4509376
485499
1537
88
-64
245
Mackay Pit
MRA6411
4509376
485499
1537
88
-50
276
Mackay Pit
MRA6412
4509407
485475
1539
88
-73
230
Mackay Pit
MRA6413
4509438
485517
1543
274
-83
230
Mackay Pit
MRA6414
4509407
485578
1524
86
-73
230
Mackay Pit
MRA6415
4509195
485350
1529
271
-64
245
Mackay Pit
MRA6416
4508888
485687
1592
278
-68
245
HideOut
MRA6417
4508888
485686
1592
274
-51
276
HideOut
MRA6418
4508849
485686
1591
275
-71
261
HideOut
MRA6419
4508850
485685
1591
274
-51
276
HideOut
MR6420
4508766
485630
1560
329
-90
215
HideOut
MRA6422
4507120
485307
1455
89
-84
123
Mackay Pit
MR6423
4506995
485213
1491
27
-89
200
Mackay Pit
MR6424
4507028
485199
1495
316
-90
186
Mackay Pit
MRA6425
4507028
485200
1494
84
-71
169
Mackay Pit
MRA6426
4507151
485225
1508
84
-45
200
Mackay Pit
MRA6427
4508766
485631
1561
90
-55
230
HideOut
MRA6428
4507092
485207
1501
88
-79
184
Mackay Pit
MRA6429
4507120
485216
1504
86
-73
184
Mackay Pit
MR6430
4508279
484847
1570
14
-89
329
North Red Dot
MRA6432
4507151
485223
1508
84
-79
215
Mackay Pit
MR6433
4507210
485250
1514
65
-89
197
Mackay Pit
MRA6434
4507244
485269
1519
89
-44
209
Mackay Pit
MR6435
4508005
484779
1590
17
-89
428
North Red Dot
MRA6436
4507274
485289
1523
88
-44
215
Mackay Pit
MRA6437
4507300
485306
1525
91
-54
212
Mackay Pit
MRA6438
4507335
485340
1529
90
-54
215
Mackay Pit
MR6439
4507354
485356
1530
4
-89
190
Mackay Pit
MR6440
4508095
484828
1578
77
-88
373
North Red Dot
MRA6441
4507301
485431
1539
91
-71
200
Mackay Pit

Notes: This table reports all the drillholes completed during the fourth quarter of 2016 and first quarter of 2017. The numerical gaps in the drillhole sequence result from drillholes reported previously or drillholes expected to be drilled in 2017.




Page 17




Table 3. Selected drillhole results from the fourth quarter 2016 and first quarter 2017 exploration drill programs at the Seabee Gold Operation, Saskatchewan, Canada.

Hole ID
From (meters)
To (meters)
Mine E (midpoint) 1
Mine N (midpoint) 1
Elevation (midpoint) 1
Gold (g/t) 2
True Width (meters)
Zone
SUG-16-065
118.3
120.3
3835.5
5006.9
-459.7
1.50
1.9
9C
SUG-16-066
118.3
121.3
3827.4
5014.4
-471.0
1.30
2.8
9C
SUG-16-067
135.7
138.4
3866.8
4990.0
-442.3
13.26
2.3
9C
SUG-16-068
121.9
126.5
3843.3
5015.7
-469.4
1.59
4.2
9C
SUG-16-069
126.8
131.5
3823.3
5035.1
-496.1
5.18
4.1
9C
SUG-16-070
152.6
159.7
3898.3
4992.5
-441.4
4.98
5.5
9C
SUG-16-071
128.3
133.6
3858.2
5014.8
-466.9
17.47
4.7
9C
SUG-16-072
129.9
137.0
3844.8
5029.6
-489.1
18.22
6.1
9C
SUG-16-073
137.4
141.0
3817.9
5054.9
-514.3
12.31
2.8
9C
SUG-16-074
151.6
156.8
3896.4
5010.2
-460.7
0.65
3.9
9C
SUG-16-075
128.6
136.6
3837.0
5033.7
-473.4
14.49
6.9
9C
SUG-16-076
177.6
186.0
3927.1
5020.4
-476.7
0.26
5.9
9A
SUG-16-077
162.0
165.5
3900.0
5032.5
-487.4
0.94
2.5
9C
SUG-16-078
162.5
167.4
3869.5
5043.5
-524.3
0.16
3.9
9A
SUG-16-079
158.5
160.1
3692.9
5051.8
-512.9
5.29
1.1
9B
SUG-16-080
150.8
154.3
3731.3
5060.6
-527.3
2.56
2.5
9A
SUG-16-081
182.5
183.1
3657.5
5039.8
-514.1
1.33
0.4
9A
SUG-16-082
155.0
161.0
3684.6
5039.6
-504.0
1.75
4.0
9B
SUG-16-083
137.5
145.5
3735.3
5057.3
-516.4
20.99
5.8
9C
SUG-16-085
184.1
188.3
3621.9
5007.7
-451.8
0.01
2.1
9C
SUG-16-086
172.1
174.4
3642.4
5023.2
-473.7
2.71
1.3
9C
SUG-16-087
144.5
150.1
3752.6
5062.6
-527.6
1.31
4.0
9C
SUG-16-088
150.7
155.1
3710.6
5050.1
-517.2
0.64
3.0
9B
SUG-16-089
263.5
271.5
3568.2
4918.5
-369.1
10.09
2.8
9C
SUG-16-090
146.9
150.0
3679.1
4991.3
-445.7
51.17
2.1
9B
SUG-16-091
135.3
140.5
3687.9
4991.2
-430.4