Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) told investors it is awaiting analytical results from the recently-completed exploration program at its Tonto del Pueblo (TDP) property in northern Nye County.
In an update on its exploration work in Nevada, the company noted that initial samples of gold mineralization at TDP returned up to 35.4 grams per tonne (g/t) gold and four out of 10 samples collected during staking returned analyses greater than 5 g/t gold.
Silver Range also expanded the claim block to 15 claims, sampled numerous workings on the property, and conducted geological mapping, prospecting, alteration mapping and packsack diamond drilling.
Airborne total magnetic field and radiometric surveys covering the expanded claim block and surrounding areas were completed in late May by Precision Geosurveys, the company added.
Updating investors on its property option activity, the company said it signed an amendment with Excalibur Metals Corp granting it until December 31, 2023, to fulfill the terms in the definitive agreement covering its Bellehelen project in Nevada. US$16,200 was paid to Silver Range in consideration, it added.
Silver Range is a precious metals prospect generator working in Nevada and Northern Canada.
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