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Silver Range Samples Defines High Grade GOLD System at Enigma

Corporate Updates

Suite 1016 – 510 West Hastings Street

Vancouver, B.C. V6B 1L8

Tel: 604-687-2522

www.silverrangeresources.com

TSX-V: SNG

SILVER RANGE SAMPLES DEFINES HIGH GRADE GOLD SYSTEM AT ENIGMA

August 14, 2017 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) is pleased to

provide results of a geologic mapping, sampling and geophysical survey program conducted

during April and May at the Enigma Property, south of Yerington in Lyon County, Nevada.

Sampling to date has defined a 1 ,500-metre-long corridor of discontinuous quartz veins and

breccia zones hosting quartz-hematite mineralization. Veins contain disseminated pyrite, galena

and tetrahedrite predominantly weathered to limonite and goethite with rare malachite. Grab

samples collected to date from pits, shaft dumps and an exposed cut along this trend have

returned up to 73.3 g/t Au with 5 of 41 samples returning greater than 10 g/t Au , and 11 of 41

samples returning greater than 2.0 g/t Au. Geological mapping, total magnetic field surveys and

horizontal loop electromagnetic (HLEM) surveys further defined the north trending sh ear and

fracture zone system. To define drill targets, Silver Range intends to conduct a structurally

controlled three -dimensional induced polarization (SC -3DIP) survey along the length of the

structure to locate shallow vein shoots by means of their char geability response. Geological and

geophysical survey maps together with a short video presentation describing results to date at

Enigma are available at www.silverrangeresources.com.

Sampling in April was conducted by Aurora Geosciences Ltd. under the supervision of Roger

Hulstein, P.Geo. . A total of 25 grab samples were collected, 2 of which returned analyses

greater than 5 g/t Au and 8 of which returned analyses greater t han 2 g/t Au . Samples were

secured and shipped in custod y to ALS Minerals facilities in Reno NV for sample preparation

and pulps were shipped to North Vancouver for assay. Rock samples were analyzed by Ultra-

Trace Aqua Regia ICP-MS (ALS code ME-MS41) and fire assayed for gold (30 g sample) (ALS

code Au-AA25). 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 prospect generator working in Nevada, Nunavut and the

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

assets in its portfolio.

ON BEHALF OF SILVER RANGE RESOURCES LTD.

“Mike Power”

2

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 (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.