Silver Range Samples up to 65 G/T GOLD at Tonto Del Pueblo
Suite 510 – 110 Melville Street
Vancouver, B.C. V6E 4A6
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
SILVER RANGE SAMPLES UP TO 65 G/T GOLD AT TONTO DEL PUEBLO
July 13, 2023 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range” or the “Company”)
is pleased to provide results from an exploration program at the Tonto del P ueblo Property near
Gabbs in Nye County, Nevada.
In April, Silver Range completed a program of geologic mapping; soil geochemical surveys ;
packsack drilling and VLF-EM and airborne total magnetic field surveys at Tonto del Pueblo. In
addition, the Company staked additional claims to cover an expanding mineralization footprint.
Prospecting and sampling returned assays up to 65.5 g/t Au from grab and chip samples collected
at exploration workings. To date, 18 of 54 r ock samples collected at Tonto del Pueblo have
returned assays greater than 5 g/t Au. Drill core assays are pending.
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Mineralization at Tonto del Pueblo is low-sulphidation in style with bladed quartz after calcite,
medium to fine grained vein quartz, and cockade texture present. Pyrite occurs in disseminations
and clots with quartz; malachite, azurite and chrysocolla is occasionally found in oxidized ro cks.
Gold is associated with Sb, Hg, Ag, S and Cu in rock samples . The g old mineralization is
structurally controlled, localized in veins, shears and breccias. Bedrock mapping and geophysical
surveys delineated numerous north- to east-striking high-angle faults and shears cutting Mesozoic
basement rocks. Soil geochemical surveys returned numerous gold -in-soil responses, only a few
of which were associated with known showings at old workings. This suggests there may be
numerous blind sources of gold min eralization on the property. ASTER imagery indicates the
mineralization is associated with a distinct alunite alteration zone in the northern Lodi Hills. The
style and basement setting of the mineralization at Tonto del Pueblo resembles that found at Anglo-
Gold Ashanti’s Mother Lode and Sterling Projects near Beatty, NV. The property is 13 km
southwest of Endeavour Silver’s Bruner Gold Project, a low-sulphidation epithermal gold deposit
hosting a historic resource of 342,000 ounces gold.
(https://edrsilver.com/portfolio/exploration/bruner/ )
A short video presentation describing the Tonto del Pueblo Property in more detail may be found
at https://silverrangeresources.com/projects/nevada/tonto-del-pueblo/.
Mike Power met with ProActive to discuss the significance of recent work at Tonto del Pueblo:
A total of 46 rock samples were collected during the exploration program of which 14 returned
assays greater than 5 g/t Au and 19 returned assays greater than 1 g/t Au. Samples were shipped
under chain of custody to ALS Minerals facilities in Reno, Nevada for sample preparation and
analysis. At the laboratory, samples were crushed to progressively to < 2 mm (ALS Code CR-32)
and a 1 kg aliquot was pulverized to 85% passing a 75 mm mesh (Code PUL -32). A 50 g
subsample was then fire assayed with an atomic absorption finish (Code Au-AA26). In addition,
induced coupled plasma analysis for 35 elements was performed on the samples (Code ME -
ICP41). Overlimit silver analyses were re-analyzed using a gravimetric method (Code Ag-OG46).
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Technical information in this news release has been approved by Mike Power, M.Sc., 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 the Southwest United States and
Northern Canada. It has assembled a portfolio of 47 properties, of which 15 are currently under
option to others. Four other properties have been converted to royalty interests. Silver Range is
actively seeking other joint venture partners to explore the high -grade precious metals targets 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 risk factors beyond its control, and actual results may differ materially from
the expected results.