Silver Range stakes projects in Arizona and Nevada
Suite 510 – 1100 Melville Street
Vancouver, B.C. V6E 4A6
Tel: 604-687-2522
www.silverrangeresources.com
TSX-V: SNG
Silver Range stakes projects in Arizona and Nevada
April 23, 2025 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces that it has acquired
a high grade precious metal prospect in each of Arizona and Nevada.
Alamo
The Alamo Property is located 58 km east of Parker and 16 km south of Wenden in La Paz County, Arizona. The
property covers the former Wenden Mine. A July 1918 report in the Scientific & Mining Press on the Cunningham
Pass district notes that ore was shipped from the district grading “18-20% copper and $10 gold per ton” (~0.5
OPT Au). The Barkdoll and No. 1 Shafts in the northern portion of the property have large accessory dumps.
Development at the Barkdoll Shaft includes drifts down to the 1000-foot level and drifts at the Copper Chief /
Old No. 1 Shaft about 200 m to the southeast are mapped down to the 400-foot level. An October 1929 Smelter
Settlement Sheet for the Wenden Mine shows a received gross weight of 50 tons grading 0.5 OPT gold and 9.65%
copper.
Mineralization at the property consists of specular and earthy hematite with limonite. Gold reports with
chalcopyrite and pyrite, largely oxidized to malachite, azurite, chalcocite and limonite. The mineralization occurs
as vein-fill in northwest-striking, northeast-dipping anastomosing faults with dips varying from 30 0 to 90 0.
Individual vein-filled faults at larger mines in the area are from 50 to 150 m in length and occur in networks.
Mineralization in the district is iron-oxide copper-gold in style, hosted in detachment-fault related extensional
normal faults along a mean trend of approximately 330 0. A bulk tonnage copper-gold target might be present
where converging and intersecting structures have created large damage zones.
Silver Range acquired the Alamo Property by staking in February 2025 and conducted preliminary geological
mapping and rock sampling at that time. Grab samples collected during this program assayed up to 15.79 g/t
gold and 6.6% copper. Silver Range intends to conduct additional geological mapping, orientation geochemical
and geophysical surveys and sampling on the property.
Luxor
The Luxor Property is located 27 km east-northeast of Tonopah, Nevada. It is accessible by an eleven mile four-
wheel drive road off Highway 6. The Luxor Property covers historic workings developed at the turn of the 20 th
century in the Hannapah Mining District. The most significant showing is the V olcano Mine, notable as the only
occurrence of high-grade gold in the silver-rich Hannapah District. Samples from the mine workings and dump
piles have reported historic assays up to 31.81 g/t gold and 4656 g/t silver. Sampling by Silver Range during
staking returned 2.3 g/t gold and 1035 g/t silver . Precious metal mineralization is hosted in low sulphidation
epithermal quartz veins cutting a Miocene rhyolite dome intruding Oligocene ash-flow tuffs. Gold and silver are
associated with pyrite and limonite in medium crystalline clear to white opaque quartz. The pattern of workings
suggests that both east-west and north-south structures are mineralized in the property area.
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Silver Range acquired the Luxor Property by staking in February 2025. The Company intends to conduct
orientation geophysical and geochemical surveys at Luxor to determine the optimum tools for delineating and
testing the vein systems.
Further information about the Alamo and Luxor Properties may be found on Silver Range’s website at
www.silverrangeresources.com.
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.
Samples collected and reported by Silver Range herein were shipped under chain of custody to ALS Minerals
facilities in Reno, Nevada for sample preparation and analysis. At the laboratory, samples were crushed
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 36 elements was performed on the samples (Code ME-ICP41).
Overlimit silver analyses from Luxor and overlimit copper analyses from Alamo were re-analyzed, employing
techniques appropriate to samples with ore grade concentrations (ALS Codes Ag-OG46 and Cu-OG46). A total
of 27 samples were collected at Alamo of which 4 returned assays greater than 5 g/t gold and 6 returned assays
greater than 1% copper. A total of 7 samples were collected at Luxor of which 5 returned assays greater than 100
g/t silver.
Historic analyses and other data cited in this news release were extracted from reports in the public domain by
the Arizona Department of Mines and Mineral Resources AZMIL Data (Wenden Mine Group) and the Nevada
Bureau of Mines and Geology (Document #60000016). These analyses and data cannot be independently verified
by Silver Range.
About Silver Range
Silver Range is a precious metals prospect generator working in the Southwest United States and Northern
Canada. It has assembled a portfolio of 31 properties, 11 of which are currently optioned to others and also retains
9 royalty interests on vended projects. Silver Range is actively seeking other joint venture partners to explore the
high-grade precious metals opportunities 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
Mike Power
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.
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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.