Business
Silver Range Resources provides update on exploration activities and sells non-core asset
(NewsDirect) Silver Range Resources CEO Mike Power joined Steve Darling from Proactive to...
About this update from Silver Range Resources Ltd.
[{"type":"text","content":"Silver Range Resources provides update on exploration activities and sells non-core asset\n \n \n (NewsDirect)\n \n \n \n \n Silver Range Resources CEO Mike Power\njoined Steve Darling from Proactive to announce the sale of the South\nWeepah Property to Fortitude Gold. The transaction involved a sale\nprice of $10,000 along with a 2% Net Smelter Return (NSR) covering the\nfour property claims and a surrounding area of interest. Notably, the\nproperty, which was staked in November 2023, had not undergone any\nexploration work prior to the sale. Silver Range Resources views this\ncollaboration with Fortitude Gold positively, given Fortitude's\nfocus on mining high-grade gold projects in Nevada, mirroring many of\nthose within Silver Range's portfolio.\n \n \n Power also revealed that Silver Range Resources has resumed\nexploration activities in Nevada. Aligning with current market\nconditions, the company will prioritize generative work in the\nSouthwest U.S., allocating resources to property exploration as deemed\nfeasible.\n \n \n In addition to these\ndevelopments, Silver Range Resources announced the appointment of John\nGilbert as Vice President. Gilbert brings a wealth of expertise to the\nrole, holding a Bachelor's Degree with Honors in Geology from the\nUniversity of Phoenix and a Master's Degree in Structural Geology\nfrom the University of Vermont. With extensive experience as an\nexploration geologist, Gilbert has been instrumental in various facets\nof the exploration business. Prior to joining Silver Range in 2022, he\nsuccessfully managed a private prospect generator, overseeing the\ndevelopment and vending of exploration projects in New\nBrunswick.\n \n \n In summary, Silver Range\nResources continues to advance its exploration initiatives, leveraging\nstrategic partnerships and a talented leadership team to drive value\ncreation in the mining sector. With a renewed focus on generative work\nand a strengthened executive team, the company is well-positioned to\ncapitalize on opportunities and deliver results for shareholders. Stay\ntuned for further updates as Silver Range Resources progresses with\nits exploration activities and strategic endeavors.\n \n \n \n Contact\nDetails\n \n \n \n \n Proactive North America\n \n \n \n Proactive\nNorth America\n \n \n +1 604-688-8158\n \n \n \n NA-editorial@proactiveinvestors....