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FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For August 16, 2006 Commission File Number: 0-26424 SILVER STANDARD RESOURCES INC. 999 West Hastings Street, #1180, Vancouver, British Columbia, Canada V6C 2W2 News Release dated August 15, 2006 - Silver Standard Hits 70.5 oz./ton Silver and 25.2% Base Metals Over 33.5 Feet at Pitarrilla in Mexico Form 51-102F3, Material Change Report dated August 15, 2006, with attachment News Release dated August 15, 2006 - Silver Standard Increases Pitarrilla Silver Resource By 116% Form 51-102F3, Material Change Report dated August 15, 2006, with attachment Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F 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):________ Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. 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):________ Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________ 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. Date: August 16, 2006 SILVER STANDARD RESOURCES INC. (Registrant) By: /s/ Linda J. Sue _______________________________ Linda J. Sue Corporate Secretary NEWS RELEASE August 15, 2006 News Release 06-30 Trading Symbols: Nasdaq National Market: SSRI TSX: SSO SILVER STANDARD HITS 70.5 OZ./TON SILVER AND 25.2% BASE METALS OVER 33.5 FEET AT PITARRILLA IN MEXICO Vancouver, B.C. - Silver Standard Resources Inc. is pleased to report an exceptional drill intersection at its wholly-owned Pitarrilla silver project in the state of Durango, Mexico. PD-152 intersected 534.8 feet averaging 6.7 ounces of silver per ton (163.0 meters averaging 230.1 grams of silver per tonne) including 51.5 feet averaging 49.8 ounces of silver per ton (15.7 meters averaging 1,706.1 grams of silver per tonne), 6.92% zinc, 6.00% lead and 5.57% copper. Within this 51.5-foot high-grade silver and base metal intersection is an interval that measured 33.5 feet averaging 70.5 ounces of silver per ton (10.2 meters averaging 2,416.7 grams of silver per tonne), 8.62% zinc, 8.84% lead and 7.73% copper, including a 12.3-foot silver- and copper-rich interval averaging 76.3 ounces of silver per ton (3.7 meters averaging 2,615.8 grams of silver per tonne), 8.21% zinc, 1.84% lead and 14.06% copper. Below this interval is 14.4 feet of silver-lead-zinc-rich mineralization averaging 87.0 ounces of silver per ton (4.4 meters averaging 2,983.9 grams of silver per tonne), 11.34% zinc, 18.58% lead and 4.02% copper. Assays are pending for a 40-meter section at the bottom of PD-152. PD-152 Selected Intervals - August 2006 Silver Grade Collar Location Dip / Azimuth (meters) (meters) 504010E 90°/000° 251.5 398.8 414.5 414.5 163.0 15.7 230.1 1,706.1 399.8 399.8 410.0 403.5 10.2 incl. 3.7 2,416.7 2,615.8 incl. 405.6 410.0 4.4 2,983.9 2811155N From incl. incl. To Interval (meters) (g/t) Zinc (%) Lead (%) Copper (%) Interval (feet) Silver Grade (oz./ton) 6.92 6.00 5.57 534.8 51.5 6.7 49.8 8.62 8.84 8.21 11.34 1.84 18.58 7.73 14.06 33.5 12.3 70.5 76.3 4.02 14.4 87.0 PD-152 is located within a 150-meter by 350-meter drill-defined rectangle at Breccia Ridge defined by three other holes: PD-128, PD-142 and PD-148 and it confirms the continuity of high-grade mineralization at depth. With the publication of an updated resource for the Pitarrilla project also on August 15, 2006, and the addition of a fourth diamond drill rig to the project, the company will report updated resource estimates as they become available and will now report only selected drill results that it considers material to the Pitarrilla project. Silver Standard Resources Inc. is a well-financed silver resource company that is transitioning to production through organic development of its own pipeline of projects. - 30 For further information, contact: Robert A. Quartermain, President Silver Standard Resources Inc. Vancouver, B.C. (604) 689-3846 Paul LaFontaine, Director, Investor Relations Silver Standard Resources Inc. Vancouver, B.C. N.A. toll-free: (888) 338-0046 Direct: (604) 484-8212 E-Mail: [email protected] To receive Silver Standard’s news releases by e-mail, contact Paul LaFontaine, director, investor relations at [email protected] or call (888) 338-0046. The TSX has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties which could cause actual results to vary considerably from these statements. The risks and uncertainties include those described in Silver Standard’s SEC Form 20F as amended. Statements contained in this news release that are not historical fact, such as statements regarding the economic prospects of the company’s projects, future plans or future revenues, timing of development or potential expansion or improvements, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, the company’s ability to raise sufficient capital to fund development, changes in economic conditions or financial markets, changes in prices for the company’s mineral products or increases in input costs, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in Argentina or Canada, technological and operational difficulties or inability to obtain permits encountered in connection with exploration and development activities, labour relations matters, and changing foreign exchange rates, all of which are described more fully in the company’s filings with the Securities and Exchange Commission. Form 51-102F3 Material Change Report Item 1 Name and Address of Company Silver Standard Resources Inc. #1180 – 999 West Hastings Street Vancouver, B.C. V6C 2W2 Item 2 Date of Material Change August 15, 2006. Item 3 News Release The news release was disseminated on August 15, 2006 by CCN Matthews using several broad distribution networks in North America. Item 4 Summary of Material Change Silver Standard Resources Inc. is pleased to report an exceptional drill intersection at its wholly-owned Pitarrilla silver project in the state of Durango, Mexico. PD-152 intersected 534.8 feet averaging 6.7 ounces of silver per ton (163.0 meters averaging 230.1 grams of silver per tonne) including 51.5 feet averaging 49.8 ounces of silver per ton (15.7 meters averaging 1,706.1 grams of silver per tonne), 6.92% zinc, 6.00% lead and 5.57% copper. Item 5 Description of Material Change See attached news release 06-30. Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 N/A Item 7 Omitted Information No omitted information. Item 8 Executive Officer Joseph J. Ovsenek, Senior Vice President. (604) 689-3846. Item 9 Date of Report August 15, 2006. August 15, 2006 News Release 06-30 Trading Symbols: Nasdaq National Market: SSRI TSX: SSO SILVER STANDARD HITS 70.5 OZ./TON SILVER AND 25.2% BASE METALS OVER 33.5 FEET AT PITARRILLA IN MEXICO Vancouver, B.C. - Silver Standard Resources Inc. is pleased to report an exceptional drill intersection at its wholly-owned Pitarrilla silver project in the state of Durango, Mexico. PD-152 intersected 534.8 feet averaging 6.7 ounces of silver per ton (163.0 meters averaging 230.1 grams of silver per tonne) including 51.5 feet averaging 49.8 ounces of silver per ton (15.7 meters averaging 1,706.1 grams of silver per tonne), 6.92% zinc, 6.00% lead and 5.57% copper. Within this 51.5-foot high-grade silver and base metal intersection is an interval that measured 33.5 feet averaging 70.5 ounces of silver per ton (10.2 meters averaging 2,416.7 grams of silver per tonne), 8.62% zinc, 8.84% lead and 7.73% copper, including a 12.3-foot silver- and copper-rich interval averaging 76.3 ounces of silver per ton (3.7 meters averaging 2,615.8 grams of silver per tonne), 8.21% zinc, 1.84% lead and 14.06% copper. Below this interval is 14.4 feet of silver-lead-zinc-rich mineralization averaging 87.0 ounces of silver per ton (4.4 meters averaging 2,983.9 grams of silver per tonne), 11.34% zinc, 18.58% lead and 4.02% copper. Assays are pending for a 40-meter section at the bottom of PD-152. PD-152 Selected Intervals - August 2006 Silver Grade Collar Location Dip / Azimuth (meters) (meters) 504010E 90°/000° 251.5 398.8 399.8 414.5 414.5 410.0 163.0 15.7 10.2 230.1 1,706.1 2,416.7 6.92 8.62 6.00 8.84 5.57 7.73 399.8 405.6 403.5 410.0 3.7 4.4 2,615.8 2,983.9 8.21 11.34 1.84 18.58 14.06 2811155N From incl. incl. incl. incl. To Interval (meters) (g/t) Zinc (%) Lead (%) Copper (%) Interval (feet) 4.02 Silver Grade (oz./ton) 534.8 51.5 33.5 6.7 49.8 70.5 12.3 14.4 76.3 87.0 PD-152 is located within a 150-meter by 350-meter drill-defined rectangle at Breccia Ridge defined by three other holes: PD-128, PD-142 and PD-148 and it confirms the continuity of high-grade mineralization at depth. With the publication of an updated resource for the Pitarrilla project also on August 15, 2006, and the addition of a fourth diamond drill rig to the project, the company will report updated resource estimates as they become available and will now report only selected drill results that it considers material to the Pitarrilla project. Silver Standard Resources Inc. is a well-financed silver resource company that is transitioning to production through organic development of its own pipeline of projects. - 30 For further information, contact: Robert A. Quartermain, President Silver Standard Resources Inc. Vancouver, B.C. (604) 689-3846 Paul LaFontaine, Director, Investor Relations Silver Standard Resources Inc. Vancouver, B.C. N.A. toll-free: (888) 338-0046 Direct: (604) 484-8212 E-Mail: [email protected] To receive Silver Standard’s news releases by e-mail, contact Paul LaFontaine, director, investor relations at [email protected] or call (888) 338-0046. The TSX has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties which could cause actual results to vary considerably from these statements. The risks and uncertainties include those described in Silver Standard’s SEC Form 20F as amended. Statements contained in this news release that are not historical fact, such as statements regarding the economic prospects of the company’s projects, future plans or future revenues, timing of development or potential expansion or improvements, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, the company’s ability to raise sufficient capital to fund development, changes in economic conditions or financial markets, changes in prices for the company’s mineral products or increases in input costs, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in Argentina or Canada, technological and operational difficulties or inability to obtain permits encountered in connection with exploration and development activities, labour relations matters, and changing foreign exchange rates, all of which are described more fully in the company’s filings with the Securities and Exchange Commission. NEWS RELEASE August 15, 2006 News Release 06-31 Trading Symbols: Nasdaq National Market: SSRI TSX: SSO SILVER STANDARD INCREASES PITARRILLA SILVER RESOURCE BY 116% Vancouver, B.C. -- Silver Standard Resources Inc. is pleased to report that project resources have increased significantly at its wholly-owned Pitarrilla silver project located in the state of Durango, Mexico. The increased resources are comprised of measured and indicated silver resources totalling 234.3 million ounces, an increase of 249%, and inferred silver resources of 192.1 million ounces, an increase of 47.5%. The following block model resource estimate is based on a cut-off grade of 40 grams of silver per tonne and was prepared by James A. McCrea, P.Geo., an independent qualified person, as defined by Canada’s National Instrument 43-101. Silver Resource Summary - August 2006 Category Measured Indicated Inferred Tonnes Silver Grade Silver Grade Contained Silver (in millions) 27.2 35.6 64.4 (in g/tonne) 120.6 112.5 92.7 (in oz./ton) 3.5 3.3 2.7 (in millions of ounces) 105.5 128.8 192.1 This resource estimate is based on 60,710 meters of drilling, comprised of 155 diamond drill holes totalling 40,153 meters and 186 reverse circulation holes totalling 20,557 meters. This compares to 34,714 meters of drilling for the March, 2006 resource estimate which did not include drilling data from Breccia Ridge. The current block model resource estimate was prepared using available assay data up to hole PD-155 but excludes deep, polymetallic intersections in holes PD-128, PD-142, PD-148 and PD-152. Three diamond drill rigs are currently on the property, with the South Ridge Zone open along strike to the north and the Breccia Ridge Zone open to the north, east and to depth. Silver Standard expects that a fourth diamond drill rig will commence work on site later this year. Kenneth C. McNaughton, M.A.Sc., P.Eng., vice president, exploration, Silver Standard Resources Inc., is the qualified person responsible for exploration at the Pitarrilla project. With the increase in resources at Pitarrilla, Silver Standard has the largest published silver resource of any publicly traded silver company, now totalling: Silver Reserve and Resource Summary - August 2006 Silver bullion Silver reserves Proven and probable Silver resources Measured Indicated Inferred Historical 1.95 million ounces 107.1 million ounces 169.5 million ounces 434.0 million ounces 584.1 million ounces 32.1 million ounces Silver Standard Resources Inc. is a well-financed silver resource company that continues to seek growth through silver acquisitions, and exploration and development of its own silver projects. - 30 For further information, contact: Robert A. Quartermain, President Silver Standard Resources Inc. Vancouver, B.C. (604) 689-3846 Paul LaFontaine, Director, Investor Relations Silver Standard Resources Inc. Vancouver, B.C. N.A. toll-free: (888) 338-0046 Direct: (604) 484-8212 E-Mail: [email protected] For the Pitarrilla project, all assays were submitted for preparation and analysis by ALS Chemex at its facilities in Chihuahua, Mexico (preparation) and Vancouver, B.C. (analysis). All samples were analyzed using three acid digestion with ICP finish. Samples over 100 grams were reanalyzed using four acid digestion with an ore grade AA finish. Samples over 1,000 grams were fire assayed with a gravimetric finish. Cautionary note to U.S. investors concerning disclosure of estimates of mineral resources and contained ounces of silver: The terms “measured resource”, “indicated resource” and “inferred resource” used in this news release are Canadian geological and mining terms as defined in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council as may be amended from time to time by the CIM. We advise U.S. investors that while such terms are recognized and permitted under Canadian regulations, the SEC does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in the indicated category will ever be converted into reserves. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. U.S. investors are cautioned not to assume that any part or all of an inferred resource exists, or is economically or legally mineable. Disclosure of silver resources expressed in ounces in the mineral resource categories in this news release are in compliance with National Instrument 43-101, but does not meet the requirements of Industry Guide 7, Description of Property by Issuers Engaged or to be Engaged in Significant Mining Operations, of the SEC, which will accept only the disclosure of tonnage and grade estimates for non-reserve mineralization. To receive Silver Standard’s news releases by e-mail, contact Paul LaFontaine, director, investor relations at [email protected] or call (888) 338-0046. The TSX has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties which could cause actual results to vary considerably from these statements. The risks and uncertainties include those described in Silver Standard’s SEC Form 20F as amended. Form 51-102F3 Material Change Report Item 1 Name and Address of Company Silver Standard Resources Inc. #1180 – 999 West Hastings Street Vancouver, B.C. V6C 2W2 Item 2 Date of Material Change August 15, 2006. Item 3 News Release The news release was disseminated on August 15, 2006 by CCN Matthews using several broad distribution networks in North America and the United Kingdom. Item 4 Summary of Material Change Silver Standard Resources Inc. is pleased to report that project resources have increased significantly at its wholly-owned Pitarrilla silver project located in the state of Durango, Mexico. The increased resources are comprised of measured and indicated silver resources totalling 234.3 million ounces, an increase of 249%, and inferred silver resources of 192.1 million ounces, an increase of 47.5%. Item 5 Description of Material Change See attached news release 06-31. Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 N/A Item 7 Omitted Information No omitted information. Item 8 Executive Officer Joseph J. Ovsenek, Senior Vice President. (604) 689-3846. Item 9 Date of Report August 15, 2006. August 15, 2006 News Release 06-31 Trading Symbols: Nasdaq National Market: SSRI TSX: SSO SILVER STANDARD INCREASES PITARRILLA SILVER RESOURCE BY 116% Vancouver, B.C. -- Silver Standard Resources Inc. is pleased to report that project resources have increased significantly at its wholly-owned Pitarrilla silver project located in the state of Durango, Mexico. The increased resources are comprised of measured and indicated silver resources totalling 234.3 million ounces, an increase of 249%, and inferred silver resources of 192.1 million ounces, an increase of 47.5%. The following block model resource estimate is based on a cut-off grade of 40 grams of silver per tonne and was prepared by James A. McCrea, P.Geo., an independent qualified person, as defined by Canada’s National Instrument 43-101. Silver Resource Summary - August 2006 Category Measured Tonnes Silver Grade Silver Grade Contained Silver (in millions) 27.2 (in g/tonne) 120.6 (in oz./ton) 3.5 (in millions of ounces) 105.5 Indicated Inferred 35.6 64.4 112.5 92.7 128.8 192.1 3.3 2.7 This resource estimate is based on 60,710 meters of drilling, comprised of 155 diamond drill holes totalling 40,153 meters and 186 reverse circulation holes totalling 20,557 meters. This compares to 34,714 meters of drilling for the March, 2006 resource estimate which did not include drilling data from Breccia Ridge. The current block model resource estimate was prepared using available assay data up to hole PD-155 but excludes deep, polymetallic intersections in holes PD-128, PD-142, PD-148 and PD-152. Three diamond drill rigs are currently on the property, with the South Ridge Zone open along strike to the north and the Breccia Ridge Zone open to the north, east and to depth. Silver Standard expects that a fourth diamond drill rig will commence work on site later this year. Kenneth C. McNaughton, M.A.Sc., P.Eng., vice president, exploration, Silver Standard Resources Inc., is the qualified person responsible for exploration at the Pitarrilla project. With the increase in resources at Pitarrilla, Silver Standard has the largest published silver resource of any publicly traded silver company, now totalling: Silver Reserve and Resource Summary - August 2006 Silver bullion Silver reserves Proven and probable Silver resources Measured Indicated Inferred Historical 1.95 million ounces 107.1 million ounces 169.5 million ounces 434.0 million ounces 584.1 million ounces 32.1 million ounces Silver Standard Resources Inc. is a well-financed silver resource company that continues to seek growth through silver acquisitions, and exploration and development of its own silver projects. - 30 For further information, contact: Robert A. Quartermain, President Silver Standard Resources Inc. Vancouver, B.C. (604) 689-3846 Paul LaFontaine, Director, Investor Relations Silver Standard Resources Inc. Vancouver, B.C. N.A. toll-free: (888) 338-0046 Direct: (604) 484-8212 E-Mail: [email protected] For the Pitarrilla project, all assays were submitted for preparation and analysis by ALS Chemex at its facilities in Chihuahua, Mexico (preparation) and Vancouver, B.C. (analysis). All samples were analyzed using three acid digestion with ICP finish. Samples over 100 grams were reanalyzed using four acid digestion with an ore grade AA finish. Samples over 1,000 grams were fire assayed with a gravimetric finish. Cautionary note to U.S. investors concerning disclosure of estimates of mineral resources and contained ounces of silver: The terms “measured resource”, “indicated resource” and “inferred resource” used in this news release are Canadian geological and mining terms as defined in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council as may be amended from time to time by the CIM. We advise U.S. investors that while such terms are recognized and permitted under Canadian regulations, the SEC does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in the indicated category will ever be converted into reserves. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. U.S. investors are cautioned not to assume that any part or all of an inferred resource exists, or is economically or legally mineable. Disclosure of silver resources expressed in ounces in the mineral resource categories in this news release are in compliance with National Instrument 43-101, but does not meet the requirements of Industry Guide 7, Description of Property by Issuers Engaged or to be Engaged in Significant Mining Operations, of the SEC, which will accept only the disclosure of tonnage and grade estimates for non-reserve mineralization. To receive Silver Standard’s news releases by e-mail, contact Paul LaFontaine, director, investor relations at [email protected] or call (888) 338-0046. The TSX has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties which could cause actual results to vary considerably from these statements. The risks and uncertainties include those described in Silver Standard’s SEC Form 20F as amended.