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Silver Range acquires high grade silver past producer and defines drill targets in Nevada

Silver Range acquires high grade silver past producer and defines drill targets in Nevada ...

articleSilver Range Resources Ltd.January 18, 20184/company/silver-range-resources-ltd/news/silver-range-acquires-high-grade-silver-past-producer-and-defines-drill-targets-in-nevada
Silver Range acquires high grade silver past producer and defines drill targets in Nevada

About this update from Silver Range Resources Ltd.

[{"type":"text","content":"\n\n\n\nSilver Range acquires high grade silver past producer and defines drill targets in Nevada\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 18, 2018\n\n\n\nVANCOUVER, Jan. 18, 2018 /CNW/ - Silver Range Resources Ltd. (TSX-V:SNG) (\"Silver Range\") is pleased to provide an update on recent work completed in Nevada.\n\nHigh grade silver property acquired east of Tonopah\n\nThe Hannapah Property is 28 kilometres east of Tonopah in Nye County and covers the Richardson Mine and several peripheral prospects along the trend of the controlling Hannapah Fault.  The Richardson Mine is reportedly the largest producer in the Hannapah Mining District, an area underlain by Oligocene volcanics containing widespread vein-hosted epithermal silver-gold mineralization.  Composite grab samples collected from dump material at the Richardson Mine confirm historical grades with analyses up to 568 g/t Ag and 1.01 g/t Au. Grab samples of altered rhyolite collected northeast of the Richardson Mine returned up to 2.42 g/t Au and 301 g/t Ag.  A total of 20 samples were collected of which 5 samples returned gold analyses greater than 0.5 g/t Au and 7 samples returned silver analyses greater than 50 g/t Ag.  Silver Range intends to conduct a program of soil sampling and ground geophysics on the property to map the structural framework in the area and identify prospective vein systems on and adjacent to the controlling fault.\n\nBulk tonnage gold system identified at Strongbox\n\nThe Strongbox Property located in Tule Canyon, Esmeralda County, hosts widespread high-grade intrusive related or orogenic quartz veins, several of which have been mined on a small scale.  Grab samples from these veins have returned analyses up to 27.2 g/t Au and 292 g/t Ag (Silver Range Press Release dated December 13, 2016). During November 2017, Silver Range sampled the large alteration envelope surrounding the veins.  A 60 m chip sample taken at 5 m intervals returned 40 m @ 0.469 g/t Au including 20 m @ 0.923 g/t Au. All samples within ...

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