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Silver Range Resources (OTC:SLRRF) has begun a fall exploration program at the East Goldfield Property, Nye County, Nevada, starting an airborne total magnetic and radiometric survey and completing surface sampling south of the central alteration zone.
The airborne survey will cover 269 line‑kilometres with 50 m line spacing at 30 m height. Surface sampling identified a 5 m grey vuggy quartz exposure with disseminated pyrite; assays are pending and shallow diamond drilling is scheduled to start in November. A historical Exploration Target of 2.26–6.60 Mt at 0.34–0.62 g/t Au (55,000–72,500 oz Au) is cited but is historical.
Silver Range Resources Ltd. (TSXV:SNG) announced on April 14, 2023, acceptance from the TSX Venture Exchange to issue 148,770 shares to Paladin Geoscience Corp. This issuance is part of a "Shares for Services Agreement" for geological and consulting services, which will expire on March 31, 2024. Paladin, controlled by Silver Range's CEO Michael A. Power, can elect to receive up to $5,000 of its monthly fees in Silver Range shares at a deemed price reflecting the market value minus a discount. The shares were issued between $0.0613 and $0.0744, covering services from October 1 to November 30, 2022, and are subject to a hold period expiring on August 14, 2023. Silver Range is a precious metals prospect generator with 45 properties in Nevada and Northern Canada, actively seeking joint venture partners.
Silver Range Resources Ltd. (TSXV:SNG) announced a proposal to issue 148,770 shares to Paladin Geoscience Corp. for geological consulting services provided between October 1, 2022 and March 31, 2023. The share issuance, pending acceptance by the TSX Venture Exchange, is structured under a 'Shares for Services Agreement' with share prices ranging from $0.0613 to $0.0744, calculated monthly with a 50% discount. Silver Range operates a portfolio of 45 properties in Nevada and Northern Canada, actively seeking joint venture partners for its high-grade precious metals targets.
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