Silver Standard Resources (SSRI) Adds Mineral Resources at the Marigold Mine

Notes:

1.

James N. Carver, Registered SME Member (# 509390), is the Qualified Person for the Mineral Resources estimate. For a complete description of the key assumptions, parameters and methods used to estimate the Mineral Reserves and Mineral Resources at Marigold, please refer to the technical report dated November 19, 2014 and entitled "NI 43-101 Technical Report on the Marigold Mine, Humboldt County, Nevada", which is available under our profile on the SEDAR website at www.sedar.com or on our website at www.silverstandard.com.

2.

The Mineral Resources estimate has been classified in accordance with Canadian Institute of Mining, Metallurgy and Petroleum (CIM, 2010) definition standards.

3.

Reported Mineral Resources are estimated below the as-mined surface as at November 30, 2014 and are inclusive of Mineral Reserves.

4.

Gold values have been estimated using ordinary kriging.

5.

Outlier restriction on gold values above 8.00 g/t has been used for the Mineral Resources estimate.

6.

Densities for different lithological units have been calculated based on detailed test work carried out by Silver Standard and corresponds to the historical mine production.

7.

The Marigold drillhole database including collar survey, assay, lithology, oxidation and densities used for this Mineral Resources estimate has been verified by James N. Carver, SME Registered Member, by conducting detailed verification checks, including Quality Assurance/Quality Control of location, geological, density and assay data.

8.

Mineral Resources include all mineralized material that has the potential for economic recovery of gold from an open pit supply to a run-of-mine heap leach operation.

9.

The Mineral Resources estimate has been calculated based on an optimized pit at a cut-off grade of a payable gold grade of 0.065 g/t (gold assay factored for recovery, royalty and net proceeds per mineral resource block) with a gold price assumption of US$1,500 an ounce.

10.

The cost, recovery and design parameters considered by optimization calculations for this Mineral Resources estimate are considered appropriate based on the current mine production.

11.

The reported Indicated Mineral Resources are regarded as appropriate for medium to long term production open pit planning and mine scheduling on a quarterly basis.

12.

Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. While the classification categories of Mineral Resources used in this news release are recognized and required under Canadian regulations, the U.S. Securities and Exchange Commission ("SEC") does not recognize them and U.S. companies are generally not permitted to disclose resources in documents they file with the SEC.

13.

There are no known legal, political or environmental risks that could materially affect the potential development of the Mineral Resources at Marigold.

14.

Tonnage and grade measurements are in metric units. Contained gold ounces are reported as millions of troy ounces (Moz.).

15.

Only oxidized gold mineralization, amenable to Marigold's existing recovery process, is considered for these estimates.

16.

Figures may not total exactly due to rounding.

Notes to Figure 1:

1.

Drill hole results from the 8 South pit area as at November 30, 2014.

2.

8 South mined pit has been backfilled.

3.

The new Mineral Resource outline has been calculated based on an optimized pit at a cut-off grade of a payable gold grade of 0.065 g/t (gold assay factored for recovery, royalty and net proceeds per mineral resource block) with a gold price assumption of US$1,500 an ounce.

4.

All values are presented in metric units.