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SNG.V ·

Silver Range Stakes Large Property Adjoining the Back River Project

Mergers & Acquisitions Property Options & Staking

Suite 1016 – 510 West Hastings Street

Vancouver, B.C. V6B 1L8

Tel: 604-687-2522

www.silverrangeresources.com

TSX-V: SNG

SILVER RANGE STAKES LARGE PROPERTY ADJOINING THE BACK RIVER

PROJECT

June 22 , 2017 – Silver Range Resources Ltd. (TSX-V:SNG) (“S ilver Range ”) is pleased to

provide an update on work at its South Kitikmeot Gold Project near Sabina Gold & Silver’s Back

River Project in Nunavut.

In May, Silver Range completed ground geophysical surveys at the Uist Property . Ground total

magnetic field and horizontal loop electromagnetic field (HLEM) surveys were conducted on

grids sited over the Billie and Holliday Zones . These zones were identified by Silver Range in

2016, returning high grade surface grab samples up to 64 g/t Au (SNG Press Release - July 28,

2016). The total magnetic field survey mapped the iron formation on the property in detail while

the HLEM survey located three conductive zones within the iron formation . These are

interpreted to be gold-bearing sulphide facies iron forma tion embedded within the dominantly

silicate facies iron formation found on the property . These conductive targets will be tested by

shallow drilling or trenching in a follow-up program.

In early June, Silver Range staked the Qannituq Property adjoining Sabina Gold & Silver’s

Llama Deposit. Subsequently, Sabina announced significant drill results from the Llama

Deposit, intersecting 8.3 m @ 6.52 g/t Au, 300 m down plunge from limits of the current

resource (Sabina Gold & Silver Press Release – June 13, 2 017). The Qannituq Property covers

19,590 hectares, abuts Sabina’s core leases, and is underlain by favourable Beechey Lake Group

metasediments hosting gold mineralization at the Llama, Umwelt and Goose Deposits. Silver

Range is currently compiling geological and geophysical data from assessment reports in the

public domain to prepare for work at Qannituq later this season.

With this recent staking, Silver Range’s South Kitikmeot Gold Project now includes seven

properties with a total area of 60,030 hectares. These span prospective ground from the Back

River Project west to the Lupin Mine. The properties cover iron -formation-hosted gold

mineralization in the metasedimentary rocks which host the Goose, Umwelt, Llama and George

Lake gold deposits and the Lupin Mine. A video presentation describing the South Kitikmeot

Gold Project can be found on Silver Range’s website (www.silverrangeresources.com).

Silver Range’s 2017 exploration plans at the South Kitikmeot Gold Project include mapping and

prospecting at Qannituq , ground geophysical surveys at Bling, and community consultation s in

preparation for drill permit applications.

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Silver Range is a precious metals prospect generator working in Nunavut , the Northwest

Territories and Nevada. The company is actively seeking joint venture partners to explore the

assets in its portfolio.

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.

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

[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.