Business
Silver Range Resources Ltd. Provides a Corporate Update
VANCOUVER, BC / ACCESSWIRE / January 14, 2020 / Silver Range Resources Ltd. (TSXV:SNG) ("Sil...
About this update from Silver Range Resources Ltd.
[{"type":"text","content":"Silver Range Resources Ltd. Provides a Corporate UpdateVANCOUVER, BC / ACCESSWIRE / January 14, 2020 / Silver Range Resources Ltd. (TSXV:SNG) (\"Silver Range\") announces that it has staked a new high-grade gold project in Nevada, has made an appointment to the Board of Directors and is pleased to provide a general corporate update.Kawich PropertyThe Kawich Property is located in the Bellehelen Mining District, approximately 70 kilometres east of Tonopah. The property covers numerous historical workings including the Ben Hur Mine and is located at the east end of the Kawich - Toiyabe Lineament, a regional structure localizing historic gold mines in the Hannipah, Ellendale and Bellehelen Mining Districts. The property is 3 kilometres southeast of Silver Range's Bellehelen Property which covers high grade silver mineralization at the Ajax Mine. At Kawich, low sulphidation epithermal gold mineralization in Tertiary rhyolitic tuff occurs as east-striking en-echelon quartz veins, exposed for up to 160 m along strike and over widths up to 1.2 in limited outcrop exposure. Initial grab sampling of veins and dumps by Silver Range in 2019 returned up to 10.35 g/t Au and 430 g/t Ag with 7 of 12 samples collected returning greater than 1 g/t Au and 5 of 12 samples returning greater than 100 g/t Ag. Silver Range intends to conduct additional geological mapping, sampling, geophysical and geochemical sampling on the property to identify drill targets. More information on the property can be found at www.silverrangeresources.com/projects/nevada/kawich/Tim Termuende appointed directorThe Board of Directors of Silver Range is pleased to announce that Mr. Tim Termuende, P.Geo. has been appointed as an Independent Director effective January 13, 2020. Mr. Termuende is a professional geologist with over 40 years' experience in the mineral exploration industry. Since leaving Cominco in the late 1980's, Tim has worked on exploration projects throughout North and South America and currently oversees a broad range of projects targeting various commodities. He has been involved with numerous publicly-traded corporations since 1994, including Copper Canyon Resources Ltd., which was acquired by NovaGold in 2011 for approximately $65M. He is President, CEO and Director of Eagle Plains Resources Ltd., a highly successful and respected prospect generator activ...