Silver Range Nunavut Exploration Underway
Suite 1016 – 510 West Hastings Street
Vancouver, B.C. V6B 1L8
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
SILVER RANGE NUNAVUT EXPLORATION UNDERWAY
July 1 8, 2017 – Silver Range Resources Ltd. (TSX-V:SNG) (“S ilver Range ”) is pleased to
provide an update on exploration projects underway on its properties in Nunavut.
South Kitikmeot Gold Project
Silver Range’s South Kitikmeot Gold Project (SKGP) is located between Sabina Gold & Silver’s
Back River Project and the Lupin Mine. It includes seven properties with a total area of 60,030
hectares covering iron-formation-hosted gold mineralization in the metasedimentary rocks which
host the Goose, Umwelt, Llama and George Lake gold deposits and the Lupin Mine. Summer
exploration at the SKGP will be conducted on the Qannituq and Bling Properties . In August,
prospecting and geological mapping guided by a compilation of a vailable geophysical,
geological and hyperspectral data will be completed on the Qannituq Property adjoining Sabina’s
Llama Deposit. Further west, horizontal loop electromagnetic field (HLEM) and total magnetic
field (TMF) surveys will be completed on the Bling Property to map the extent of a gold -bearing
arsenopyrite-rich sulphide horizon. Historical grab samples along the 700 metre long horizon
have reported values up to 47.1 g/t Au and results from limited trenching include 2.0 m @ 16 g/t
Au.
Hard Cash Property
Silver Range’s Hard Cash Property is located on Ennadai Lake in southwestern Nunavut at the
western end of the Ennadai -Rankin Greenstone Belt, host to Agnico Eagle’s Meliadine deposit .
Work by Silver Range in 2016 defined a 1400 m zone of high grade gold mineralization in
float and bedrock defined by numerous samples in excess of 10 g/t Au . (Silver Range Press
Release - October 11, 2016 ). HLEM and TMF surveys are underway at Hard Cash and these
will be followed by a three -week shallow diamond drilling program commencing at the end of
July.
Yandle Property
Silver Range’s Yandle Property is located east of Henik Lake, approximately 155 km west of the
hamlet of Arviat. The principal target on the property is a zone of widespread gold
mineralization in float, 4.5 kilometres long and up to 100 metres wide enclosed in an extensive
alteration zone. This “Yandle Trend” was originally staked in two segments by Comapl ex
Minerals and Cumberland Resources in the 1990’s. Reported historical grab samples include 25
g/t Au in the eastern portion and 59 g/t Au in the western portion. Approximately 15 drill holes
have been completed in the eastern portion of the gold trend with Comaplex reporting 3 m @ 11
g/t Au and Placer Dome subsequently reporting 1.25 m @ 17.5 g/t Au and 2.8 m @ 2.5 g/t Au
from 2 separate holes in the same area ( Silver Range Press Release - March 20, 2017 ). Having
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consolidated the Yandle Trend in a single property, Silver Range will conduct HLEM and TMF
surveys followed by prospecting and mapping along the full strike of the zone.
Silver Range is a precious metals prospect generator working in Nunavut , Nevada and the
Northwest Territories . The company is actively seeking joint venture partners to explore the
assets in its portfolio.
Technical information in this news release has been approved by Mike Power, M.Sc., P.Geo.,
President and CEO of Silver Range Resources Ltd. and a Qualified Person for the purposes of
National Instrument 43-101.
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
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.