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Silver Range stakes new high-grade gold targets in Nevada

Silver Range stakes new high-grade gold targets in Nevada Canada NewsWire VANCOU...

articleSilver Range Resources Ltd.June 29, 20185/company/silver-range-resources-ltd/news/silver-range-stakes-new-high-grade-gold-targets-in-nevada
Silver Range stakes new high-grade gold targets in Nevada

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[{"type":"text","content":"\n\n\n\nSilver Range stakes new high-grade gold 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, June 29, 2018\n\n\n\nVANCOUVER, June 29, 2018 /CNW/ - Silver Range Resources Ltd. (TSX-V: SNG) (\"Silver Range\") announces it has completed a spring reconnaissance program in Nevada and staked three new high grade gold targets.\n\nRobot\n\nThe Robot Property is 22 kilometres south of Yerington in Lyon County. The claim block covers gold occurrences in Jurassic-Cretaceous granodiorite along a mile-long trend in the footwall of a prominent north-striking range front fault.  Gold mineralization is hosted in sympathetic, antithetic and cross-cutting veins and shears.  At the North Showing, best grab sample results from an initial examination by Silver Range in May were 54.3 g/t Au and 20.0 g/t Au from separate veins. At the South Showing, best grab sample results from the same program were 5.86 g/t Au. Six of 21 grab samples collected during the initial examination returned analyses greater than 1 g/t Au. Silver Range found no evidence of modern exploration suggesting this target may have been overlooked. Reconnaissance stream sediment sample results suggest that additional mineralization may be present between the two showings. Silver Range intends to conduct additional prospecting and sampling to follow-up on the stream sediment sampling results.\n\nBottom Dollar\n\nThe Bottom Dollar Property is 102 kilometres northwest of Winnemucca in Humboldt County. The property is underlain by Jurassic-Triassic limestone and Happy Creek volcanics intruded by Cretaceous(?) granodiorite. Gold mineralization is dominantly vein hosted with subordinate skarn developed in carbonate rocks. Nevada Bureau of Mines and Geology sampling reported assays of 28 g/t Au and 23 g/t Au from selected specimens collected on the property. Initial sampling by Silver Range in May 2018 returned a best grab sample assay of 15.95 g/t Au with 181 g/t Ag and 1.1% Cu from a set of 24 samples, 5 of which returned gold analyses greater than 1 g/t Au. Anomalous or...

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