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Silver Range Expands High Grade Zinc System at Michelle

Silver Range Expands High Grade Zinc System at Michelle Canada NewsWire VANCOUVE...

articleSilver Range Resources Ltd.November 16, 20174/company/silver-range-resources-ltd/news/silver-range-expands-high-grade-zinc-system-at-michelle
Silver Range Expands High Grade Zinc System at Michelle

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[{"type":"text","content":"\n\n\n\nSilver Range Expands High Grade Zinc System at Michelle\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, Nov. 16, 2017\n\n\n\nVANCOUVER, Nov. 16, 2017 /CNW/ - Silver Range Resources Ltd. (TSX-V: SNG) (\"Silver Range\") is pleased to provide recent results of a geologic mapping, hand trenching and sampling program conducted at the Michelle Property, located in west-central Yukon, Canada.\n\nProperty highlights to date include:\n\n\nTwenty-three known non-sulphide and sulphide zinc±lead±silver occurrences over a 14 km by 9 km area;\nHigh grade zinc mineralization at all occurrences, with peak values of 48.57% zinc, 82.78% lead, 4180 g/t silver and 1120 ppm gallium; and,\nBest drill intercept of 16.75% zinc, 8.86% lead and 310 g/t silver over 18.29 m.\n\nThe property lies within a belt of carbonate rocks that host significant zinc±lead±silver deposits, including Pine Point, Gayna River, Prairie Creek, Goz and Blende.  The Michelle Project is exceptional amongst similar zinc-lead projects in this belt due to the high levels of silver, gallium and indium.\n\nDuring the summer 2017 field program, hand trenching in the southwest part of the property was directed toward exposing in-situ zinc mineralization at the Scorpion Showing, where gossanous float had previously been identified.  Chip sampling across the floor of a hand trench returned weighted average grades of 3.51% zinc, 8.79% lead and 34.53 g/t silver over its entire 11 m length.  Concurrent geological mapping and sampling within a 4 km by 1.2 km area, covering the Scorpion and Prairie Dog showings, demonstrated that both occurrences are located within a much larger belt of widespread, high grade zinc mineralization in float and talus.  Grab samples from this belt yielded a peak value of 46.43% zinc, and 18 out of 31 grab samples returned greater than 1% zinc.\n\nIn the northwest part of the property, mineralized float from the Cirque Showing returned up to 30.50% zinc and 172 g/t silver.  Hand trenching, which was frustrated by a deep tal...

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