Silver Standard Resources Inc. (TSX:SSO)(NASDAQ:SSRI) reports consolidated financial results for the first quarter ended March 31, 2012.
“One of our goals in 2012 is to demonstrate strong quarter-on-quarter performance at the Pirquitas mine. Record production and stable mine cost performance in the first quarter provides a strong start to build on for the rest of the year,” said John Smith, President and CEO. “The Pitarrilla feasibility study is progressing well and will be presented to the Board in the second half of 2012. With the recent proceeds from the exercised Pretium warrants, Silver Standard is financially strong to develop our substantial project portfolio and continue aggressive exploration.”
First Quarter 2012 Highlights:
(All figures are in U.S. dollars unless otherwise noted)
More details in the company’s press release.