Silver Range Provides an Update ON up Town GOLD
Suite 1016 – 510 West Hastings Street
Vancouver, B.C. V6B 1L8
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
SILVER RANGE PROVIDES AN UPDATE ON UP TOWN GOLD
February 10, 201 7 – Silver Range Resources Ltd. (TSX-V: SNG ) (“S ilver Range ” or the
“Company”) is pleased to provide an update on developments at its Up Town Gold Project.
Rover Metals Corp. (“Rover Metals ”) has made a $30,000 payment in accordance with a
September 9, 2016 property agreement and has informed Silver Range that i t intends to
commence drilling this spring. Silver Range is completing community consultation s with
affected First Nations and inte nds to submit a n application for a Land Use Permit at the
beginning of March, contingent upon completion of consultations.
The Up Town Gold Project is an Archean lode-gold prospect adjoining the 8.1 million ounce
Giant Mine gold deposit in Yellowknife, Northwest Territories. The 3,227 hectare property
hosts ten high -grade gold occurr ences. Property -wide lithogeochemi cal surveys, prospecting,
and geophysical surveys have defined two structural corridors containing vein -hosted
mineralization and a third containing shear zone hosted gold mineralization (Fox South Shear
Zone). The most advanced showing, the Rod Vein , was drilled to a shallow depth in the 1960’s
and mined on a small scale in 1979 by previous owners . Sampling in the open pit at the Rod
Vein in 2015 by Panarc Resources returned grab samples assaying up to 318 g/t Au and channel
sampling results up to 1.20 m @ 17.27 g/t Au. Manson Creek Resources Ltd. (“Manson Creek”)
drill tested the Rod Vein in 2013 north of the 1979 production pit with best results of 2.22 m @
27.47 g/t Au.
The Fox South Shear Zone is 1,100 m west of the Brock Shaft at the Giant Mine and consists of
a reverse shear zone 10 to 70 m wide mapped over a strike length of 400 m. Grab samples from
this zone collected in 2012 by Manson Creek assayed up to 30.3 g/t Au and channel samples
assayed up to 1.1 m @ 2.20 g/t Au . Manson Creek also drilled two shallow holes into the zone,
the best assays being 4.14 m @ 2.62 g/t Au and 2.13 m @ 4.67 g/t Au.
Rover Metals is a junior gold exploration company focused on developing exploration assets in
the Northwest Territories. More information on its properties and projects can be found at
www.rovermetals.com .
Silver Range is building and exploring a portfolio of high grade gold targets in Nunavut, the
Northwest Territories and Nevada to fulfil an increasing demand for gold projects in politically
stable jurisdictions . The Company is actively seeking partners interested in exploring these
opportunities.
Technical information in this news release has been approved by Mike Power, M.Sc., P.Geo.,
President and CEO of Silver Range and a Qualified Pers on for the purposes of National
Instrument 43-101.
2
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.