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SNG.V ·

Silver Range Defines High-Grade Drill Targets at Strongbox

Exploration Programs

Suite 1016 – 510 West Hastings Street

Vancouver, B.C. V6B 1L8

Tel: 604-687-2522

www.silverrangeresources.com

TSX-V: SNG

SILVER RANGE DEFINES HIGH-GRADE DRILL TARGETS AT STRONGBOX

July 5 , 2017 – Silver Range Resources Ltd. (TSX-V:SNG) (“S ilver Range ”) is pleased to

provide results from a geological and geophysical program conducted at the Strongbox Property

in Esmeralda County, Nevada. Property highlights include:

 widespread surface gold mineralization grading up to 27.1 g/t gold; and,

 geophysical surveys that define large target areas below and along strike of

known high-grade mineralization.

The Strongbox Property covers a system of gold veins that straddle Tule Canyon, located 55

kilometres by road south of the town of Goldfield. Despite being the target of several placer and

small-scale hard rock mining operations since the mid-1800s, Strongbox has seen little modern

exploration, and Silver Range has found no evidence of drilling.

A total of 42 grab and chip samples were collected during the recent program, 16 of which

assayed greater than 1 g/t Au and 9 of which assayed greater than 5 g/t Au . The best sample

returned 18.7 g/t Au from vein material that was taken from a dump at the main showing west of

Tule Canyon.

Gold on the property occurs in north to northeast trending quartz -limonite veins developed in

fault zones within Jurassic granite. Near Tule Canyon, strong veins are spaced 10 to 20 m apart

within a 100 to 200 m wide kaolinite -illite-smectite-hematite-goethite alteration zone containing

local jarosite and calcite. There are workings on both the east and west sides of the canyon. The

most prominent bedrock alteration and the highest grade gold samples are found on the west side

of Tule Canyon, while extensive narrow underground workings were driven in more competent

veins on the east side of the canyon.

Ground tota l magnetic field and horizontal loop electromagnetic (HLEM) surveys were

conducted to investigate the mineralization. The veins and alteration on the west side of Tule

Canyon occur along the southern margin of a large west-trending magnetic low.

The HLE M resistivity data delineated features that are directly associated with the surface

gold mineralization and which extend along strike of and below known showings . The

geophysical survey results delineate bedrock structure s and define compelling drill target s.

Maps and a video presentation on the Strongbox Property describing the geophysical results and

drill targets can be viewed on the property page at www.silverrangeresources.com.

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The work program described in this press release was conducted by Aurora Geosciences Ltd.

with sampling conducted under the supervision of Roger Hulstein, P.Geo. . Technical

information in this news release has been approved by Mike Power, M.Sc., P.Geo. , CPG,

President and CEO of Silver Range Resources Ltd. and a Qualified Person for the purposes of

National Instrument 43-101.

Silver Range is a precious metals p rospect generator working in Nevada, Nunavut and the

Northwest Territories. The company is actively seeking joint venture partners to explore the

assets 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

Richard Drechsler

Vice-President, Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

[email protected]

http://www.silverrangeresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (a s 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 fu ture 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.