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SNG.V ·

Silver Range Stakes TWO Properties IN Nevada

Mergers & Acquisitions

Suite 1016 – 510 West Hastings Street

Vancouver, B.C. V6B 1L8

Tel: 604-687-2522

www.silverrangeresources.com

TSX-V: SNG

SILVER RANGE STAKES TWO PROPERTIES IN NEVADA

February 21, 2017 – Silver Range Resources Ltd. (TSX-V:SNG) (“S ilver Range ” or “The

Company”) is pleased to announce that it has acquired two additional properties in Nevada.

The Enigma Property is located in the Wilson Mining District in Lyon County, 11 k ilometres

east of Pine Grove . The pro perty covers intrusive hosted gold mineralization in a low -lying

pediment-covered area. Prospecting by Silver Range in 2016 located heavily altered granite float

with a bundant hematite and jar osite and minor quartz stockwork veining. Ten of 11 samples

collected by Silver Range returned anomalous gold (>0.1 g/t Au ) with two samples returning

15.95 g/t Au and 73.30 g/t Au.

The Lucky Boy Property is located approximately 18 kilometres north of Lovelock in the Trinity

Mining District , Pershing County . The property and surrounding area hosts low sulphidation

veins carrying silver and gold. Three of 11 grab samples collected on the property by Silver

Range in 2016 returned analyses greater than 200 g/t Ag with a best assay of 1,535 g/t Ag; 9 of

the same samples contained anomalous gold (>0.1 g/t Au) with best results of 2.17 g/t Au.

Silver Range has been informed by the Bureau of Land Management that the area covered by the

Big Gossan Property claims has been withdrawn from staking. This property has been

abandoned.

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 Nevada, Nunavut and the

Northwest Territories. The company is actively 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:

Richard Drechsler

Vice-President, Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

2

[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 i ts control, and actual results may differ materially

from the expected results.