Silver Range acquires the Tesoro Project in Arizona
Suite 510 – 1100 Melville Street
Vancouver, B.C. V6E 4A6
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
Silver Range acquires the Tesoro Project in Arizona
June 17, 2025 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces that it
has acquired a new high-grade gold prospect in Arizona.
The Tesoro Project is 70 kilometres northwest of Wickenberg in Yavapai County and consists of
exploration permits covering three sections of Arizona State Land. The property includes the
historic Organ Grinder Mine and Big Ben Mine showings which host gold in two settings. Quartz
veins at both showings returned historic assays from grab and chip samples up to 52 g/t Au. In
contrast, at the Organ Grinder Mine a wide zone of shallow -dipping, lower grade mineralization
returned best historic trench sample results of 33 m @ 1.85 g/t Au and historic reverse circulation
drill hole intersections of 4.6 m @ 1.06 g/t Au and 3.0 m @ 2.54 g/t Au . This lower grade zone
was defined over a strike length of 160 metres and is open on-strike and down-dip. Soil sampling
at the Big Ben Mine showing proved to be an effective tool with historic soil geochemical surveys
outlining a 250 m long gold-in-soil anomaly with peak responses of 1,500 ppb Au, open on strike.
The Tesoro Project is underlain by Mid-Proterozoic coarse crystalline, porphyritic granite and
granodiorite cut by dominantly north to northwest-striking steeply-dipping structures. Know gold
mineralization occurs in structures deviating from the dominant trend. Hematite alteration is
reported with the known mineralization.
The Organ Grinder Mine showing is the attributed location of mineralization discovered by three
itinerant Italian musicians in the mid -1860’s. They perished shortly after their discovery while
providing only general information as to its location. The Big Ben Mine showing is the attributed
location of a mine discovered by Ben McLendon , one of the earliest American prospectors in
Arizona. He located and worked a mine in the same general area of the Organ Grinder Mine until
his demise without disclosing its exact location. In the 1980’s the property was explored by New
Tyee Resources Ltd. and HiMac Resources Ltd. who conducted soil surveys, sampling, trenching
(6 trenches) and reverse circulation drilling (7 holes). Sage Gold Inc. briefly explored the property
in 2006, reporting rock and soil sample results.
Silver Range is completing the exploration permitting process and intends to conduct geological
mapping, soil geochemical surveys and geophysical survey s in preparation for subsequent
trenching and drilling to explore this property.
More information including a short video presentation on the Tesoro Project may be found at Silver
Range’s website (www.silverrangeresources.com).
Technical information in this news release has been approved by Mike Power, M.Sc., CPG,
President and CEO of Silver Range Resources Ltd. and a Qualified Person for the purposes of
National Instrument 43 -101. Historic analyses and other data cited in this news release were
extracted from public domain reports in Arizona Department of Mines and Mineral Resources
2
Mining Collection and other archival sources. Silver Range has not conducted any exploration
work on the Tesoro Projec t, cannot independently verify the accuracy of the results cited herein,
and has relied on assay certificates and statements of other Qualified Persons in the historic data
in this disclosure.
Award of options
Silver Range has granted incentive stock options under its Incentive Stock Option Plan to a
consultant, entitling this individual to purchase up to an aggregate 100,000 Silver Range shares at
a price of $0.10 per share for a period of five years. These options are subject to vesting provisions
under which 25% of the options will vest at the conclusion of each three months during the first
year of the exercise period.
About Silver Range
Silver Range is a precious metals prospect generator working in the Southwest United States and
Northern Canada. It has assembled a portfolio of 32 properties, 11 of which are currently optioned
to others and also retains 9 royalty interests on previously -vended projects . Silver Range is
actively seeking other joint venture partners to e xplore the high -grade precious metals
opportunities in its portfolio.
ON BEHALF OF SILVER RANGE RESOURCES LTD.
“Mike Power”
President, C.E.O. & Director
For further information concerning Silver Range or its exploration projects please contact:
Investor Inquiries
Mike Power
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
http://www.silverrangeresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
This news release may contain forward looking statements based on assumptions and judgments
of management regarding future events or results that may prove to be inaccurate as a result of
exploration and other risk factors beyond its control, and actual results may differ materially from
the expected results.