Silver Range Samples High Grade GOLD at Tree River Project
Suite 1016 – 510 West Hastings Street
Vancouver, B.C. V6B 1L8
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
SILVER RANGE SAMPLES HIGH GRADE GOLD AT TREE RIVER PROJECT
October 9, 2018 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) is pleased to
announce high grade gold results from recent surface exploration on a Witwatersrand -type
prospect at its wholly owned Tree River Project in Nunavut.
From August 15 to 23, a two-man crew conducted geological mapping and prospecting along an
auriferous Archean quartz pebble conglomerate (QPC). At the Main Zone, the site of historic
work by BHP Billiton and Strongbow Exploration, grab samples returned up to 114 g/t Au and a
chip sample returned 0.20 m @ 54 0 g/t Au . A second zone of mineralization, 3.6 km along
strike (West Zone) , returned grab samples up to 14.05 g/t Au . A total of 88 rock samples were
collected during the program, 5 7 of which were taken from the QPC. Four of the QPC samples
assayed greater 9 g/t Au and background gold content in the QPC, estimated by averaging 53
QPC samples grading less than 2.5 g/t Au, is very anomalous at 0.203 g/t Au.
The QPC ranges from 5 to 8 m thick in exposures along the seven km of investigated strike
length. Mineralized areas within the QPC , primarily near the base, contain disseminated pyrite,
arsenopyrite and locally chalcopyrite and stibnite. The Main Zone is exposed intermittently
over a strike length of 650 m and is strongly silicified. The West Zone is partially exposed over
a length of 300 m and remains open along strike in both directions . Mineralization there is
characterized by high ar senopyrite (scorodite) content. The presence of v isible gold along
fractures at the Main Zone, together with recrystallized quartz and sulphides, and some sulphide-
bearing fractures indicate that the mineralization is at least partially remobilized. Ther e is no
evidence of any major nearby structure and surrounding rocks are metamorphosed to greenschist
facies, suggesting remobilization is likely local and related to regional metamorphism. The QPC
has been dated between 2,940 and 2,700 Ma based on detrit al zircons (Jackson, 1997) . This
places it in the favourable time window for the “Great Gold Deposition Event” (Hennigh, 2016).
Gold deposits in the Witwatersrand district in South Africa and the Pilbara region of Western
Australia were formed during this favourable geological time period.
Work on the Tree River Project was conducted by Aurora Geoscience Ltd. of Yellowknife NT
under the supervision of Senior Project Manager Carl Schulz e, P.Geo. Samples were shipped
under secure chain of custody to ALS L aboratories in Yellowknife, NT for sample preparation .
Pulps were shipped to North Vancouver , BC for assaying and geochemical analyses. Rock
samples were analyzed by Ultra -Trace Aqua Regia ICP -MS (ALS Code ME -MS41) and fire
assayed for gold (50 g sample) (ALS Code Au-AA26).
A summary of the Tree River Project is available on Silver Range’s website at
www.silverrangeresources.com/projects/nunavut/tree-river/
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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.
Silver Range is a precious metals prospect generator working in N unavut, N evada and the
Northwest Territories. The company is activel y 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
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 ris k factors beyond its control, and actual results may differ materially
from the expected results.
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