In an operations update, Silver Standard Resources (SSRI) reaffirms Q1 production guidance of 1.9M oz. of silver and 8.8M lbs. of zinc at its Pirquitas mine in Argentina, and says it is on track to meet production guidance for the year.
Pirquitas mined 4.2M metric tons of material during the quarter, in line with budget expectations; milled 4,514 metric tons/day, 13% above nominal design.
Operations were consistent with expectations, SSRI says, as Q1 typically is a below average quarter at the site due to impacts of the rainy season.