Silver Range Resources Ltd. Samples 10.6 G/T Au from Bedrock and Defines an Extensive GOLD Soil Geochemical Anomaly at Loner Property, Nevada
Suite 1016 – 510 West Hastings Street
Vancouver, B.C. V6B 1L8
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
SILVER RANGE RESOURCES LTD. SAMPLES 10.6 G/T AU FROM BEDROCK AND DEFINES AN
EXTENSIVE GOLD SOIL GEOCHEMICAL ANOMALY AT LONER PROPERTY, NEVADA
Vancouver, B.C. , November 17 , 2020 – Silver Range Resources Ltd. [TSX-V:SNG] (“Silver Range ” or the
“Company”) is pleased to provide results from recently completed geophysical and geochemical surveys at its high -
grade Loner Property in Pershing County, Nevada.
The Loner Property is located 35 km south of Winnemucca in the southern Sonoma Range and currently consists of 16
Federal Lode Claims covering hist oric workings and exposed low -sulphidation gold mineralization. Bedrock g rab
sampling to date has returned a peak value of 16.6 g/t Au while chip sampling in old workings assayed up to 25.7 g/t
Au over 1.83 m . (Silver Range news release dated October 30, 2018) Prospecting during 2020 identified additional
workings on the expanded claim block, returning grab samples up to 10.6 g/t Au.
A soil geochemical survey was completed over a n 1100 x 400 m grid centred on the historic workings and exposed
mineralization. The survey identified a strong gold-in-soil anomaly with associated arsenic response, which extends to
the edge of the grid in three directions. Principle component analysis (PCA) of the soil response indicates that bedrock
gold mineralization at Loner is associated with a PCA factor defined by key low -sulphidation epithermal deposit
pathfinder elements (Au, Hg, Sb and As).
Horizontal loop electromagnetic field and total magnetic field surveys were conducted over the soil grid . These
identified a series of steeply-dipping bedrock conductors, associated with the exposed mineralization and with second-
order total magnetic field lows.
Additional work is planned . T he existing soil grid will be expanded to define the limits of the extensive gold
geochemical anomaly. In addition, the Company intends to conduct trenching to determine the width and character of
the vein arrays at the historic workings and to investigate the source of discrete peripheral gold and arsenic anomalies
in overburden covered areas.
More information including a short video presentation describing recent results may be found on Silve r Range’s
website at www.silverrangeresources.com/projects/nevada/loner/.
Exploration work at the Loner Property was conducted by staff from Archer, Cathro & Associates USA Ltd. and
Aurora Geosciences Ltd. Samples were secured and transported under chain of custody to ALS Minerals facilities in
Reno, Nevada for sample preparation. Pulps were shipped to North Vancouver for assaying and geochemical analyses.
Rock samples were analyzed by Ultra-Trace Aqua Regia ICP-MS (ME-MS41) and fire assayed for gold (25 g sample)
(Au-AA25). Soil samples were analyzed by ICP-MS (ME-MS41L).
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.
About Silver Range Resources Ltd.
Silver Range is a precious metals prospect generator working in Nevada and Northern Canada. It has assembled a
portfolio of 43 properties, 11 of which are currently under option to others. Silver Range is actively seeking other joint
venture partners to explore the high-grade precious metals targets in its portfolio.
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ON BEHALF OF SILVER RANGE RESOURCES LTD.
“Michael A. Power”
President and Chief Executive Officer
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
www.silverrangeresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as tha t 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.