Silver Range Samples up to 93.8 G/T GOLD South of Cambridge MINE
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 93.8 G/T GOLD SOUTH OF CAMBRIDGE MINE
January 20, 2023 – Silver Range Resources Ltd. (TSX-V:SNG) (“S ilver Range ” or the
“Company”) is pleased to announce results from a surface sampling program at the Cambridge
Project in Lyon County, NV.
During late November 2022, a two -person crew sampled the prospective area south of the
Cambridge Mine. Grab samples were collected from float, outcrop and dump piles. Best results
were 93.8, 41.4 and 16.4 g/t Au from small shaft dump samples. A total of 18 samples were
collected of which 8 returned analyses greater than 5 g/t Au. Silver, up to 265 g/t Ag, copper up
to 1.64% and lead up to 9.24% occurs with the higher -grade gold sam ples. The mineralization
appears to be mesothermal in character, similar to that found at the Cambridge Mine.
The Cambridge Project covers numerous historical shafts and adits dating back to the 1860s ,
including the Cambridge Mine that was once owned by Henry Blasdel, Nevada’s first state
governor. At th at time Mr. Blasdel shipped approximately 10,000 tons of ore grading about 0.3
ounces per ton to a nearby mill on the Walker River for processing. Despite its long history and
the abundance of visible gold specimens Silver Range has not found any evidence of modern
exploration prior to the Company’s acquisition of the Project. Silver Range and JV partner Auburn
Gold Mining LLC have consolidated the heart of the historical Cambridge Mine and surrounding
mineral showings and are actively seeking a partner to advance this Project. An updated video
presentation is available at www.silverrangeresources.com/projects/nevada/cambridge-1/.
Silver Range will showcase the Cambridge Project and other high -grade gold and silver
opportunities in the AME Roundup Prospect Generator Hub on January 23 and 24. Results from
the sampling program summarized herein will be shown there.
Samples were secured and transported under chain of custody to ALS Minerals facilities in Reno,
Nevada for sample preparation and analysis. At the labora tory, 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). A near-overlimit gold assay was check by gravimetric fire assay (Code
Au-OG46). 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).
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 45 properties, of which 13 are currently under
2
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 state ments 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.