Silver Range Resources Ltd. is pleased to announce that it has staked two new projects in Nevada and to provide an operations update. Sand Springs Property Silver Range has staked the Sand Springs Property in Churchill County, Nevada. The property is located 42 kilometres southeast of Fallon on BLM land with no surface impairments. It is underlain by Triassic through Jurassic volcaniclastics, limestone and basalt. These [...]
Silver Range Resources Ltd. announces, further to its May 11, 2022 news release, that it has received acceptance from the TSXV for the issuance of 196,581 shares to Paladin Geoscience, a private company controlled by Michael A. Power, Silver Range's President and Chief Executive Officer, pursuant to a "Shares for Services Agreement". These shares were issued at deemed prices per share ranging from $0.1181 to $0.1444 [...]
Silver Range Resources Ltd. is pleased to provide an update on recent work at the Cambridge Project in the Walker Lane, western Nevada. The Cambridge Project is a joint-venture between Silver Range and Auburn Gold Mining. A total of 10 hand trenches were excavated and sampled in March 2022 on the Price Lode Trend and at the Cambridge Mine. Best assay results included 3.2 m @ 14.65 g/t Au in TR22-10 and 1.5 m @ 14.73 g/t [...]
Silver Range Resource announces it proposes to issue a total of 196,581 shares to Paladin Geoscience Corp. pursuant to a "Shares for Services Agreement". The proposed share issuance, which is subject to TSX Venture Exchange acceptance, is in partial consideration for geological consulting services provided to Silver Range by Paladin during the period October 1, 2021 through March 31, 2022. The shares are to be issued at [...]
Silver Range Resources announces the closing of the private placement announced on March 30, 2022, consisting of the sale of 4,000,000 units at a price of $0.15 each for total proceeds of $600,000. Each unit consisted of one common share and one non-transferable share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of $0.20 until April 11, 2024. All shares issued [...]
Silver Range Resources Ltd. announces a non-brokered private placement of up to 4,000,000 units at a price of $0.15 per unit, for total proceeds of up to $600,000. Each unit will consist of one common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one additional common share at a price of $0.20 for a period of two years from closing. This private placement is [...]
Silver Range Resources Ltd. is pleased to provide results from a recent exploration program at the Roughrider Property in Esmeralda County, NV. Historical workings at Roughrider date back to at least 1907 and are described in a 1974 Sunshine Mining Company report as consisting of a "1625' adit, 150' shaft, 250' shaft, 100' shaft, 600' adit with hundreds of feet of sublevels and stopes off both the shafts and adits." To [...]
Silver Range Resources Ltd. is pleased to provide results from a recent exploration programs at the Bellehelen Property in Nye County, NV. Between May and October 2021, Silver Range conducted geologic mapping, prospecting, sampling and soil geochemical surveys at Bellehelen. Prospecting identified two new structurally controlled, low sulphidation quartz vein occurrences in the northern portion of the property returning [...]
Silver Range Resources Ltd. is pleased to provide results from a recent exploration program at the Strongbox Property in Esmeralda County, NV. At Strongbox, a soil geochemical survey was conducted on a 2,220 m by 600 m grid centred on the known bedrock mineralization in Tule Canyon. West of Tule Canyon, the survey identified numerous anomalies greater than 100 ppb Au with peak analysis of 4,290 ppb Au in regions of thin [...]
Silver Range Resources is pleased to announce that it has acquired two new gold properties in Nevada. Tonto del Pueblo The Tondo del Pueblo Property is in Nye County, approximately 17 km north of Gabbs. Gold is found in east-striking shear zones hosting quartz veins cutting Triassic Excelsior Formation metasedimentary rocks. One shear is exposed for at least 400 m along strike. Grab samples collected from quartz veins [...]
Silver Range Resources Ltd. provides the following corporate update: Michelle Property By agreement dated February 19, 2021 and amended November 2, 2021, Silver Range sold Silver47 Exploration Corp. a 100% interest in the Michelle property for 5,650,000 common shares in the capital of Silver47. The 5,650,000 shares represented 19.9% of the issued share capital of Silver47 at the time the sale closed. In addition to the [...]
Silver Range Resources Ltd. has approved the adoption of a shareholder rights plan designed to provide its shareholders with full and fair value in the event of a possible takeover bid for its common shares. Adoption of this shareholder rights plan will be submitted for ratification by shareholders at a general meeting to be held by May 19, 2022, and is subject to regulatory acceptance. Silver Range believes that this [...]