Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) has provided results from an exploration program at the Tonto del Pueblo property in Nevada, returning assays up to 65.5 grams per tonne (g/t) gold from grab and chip samples collected at exploration workings.
The precious metals prospect generator said to date, 18 of 54 rock samples collected at Tonto del Pueblo have returned assays greater than 5 g/t gold, with drill core assays pending.
Silver Range noted that soil geochemical surveys returned numerous gold-in-soil responses, only a few of which were associated with known showings at old workings, which suggests there may be numerous blind sources of gold mineralization on the property.
The company added that the style and basement setting of the mineralization at Tonto del Pueblo resembles that found at Anglo-Gold Ashanti's Mother Lode and Sterling Projects near Beatty.
Silver Range stated that it completed a program of geologic mapping, soil geochemical surveys, packsack drilling and VLF-EM and airborne total magnetic field surveys at Tonto del Pueblo in April, and staked additional claims to cover an expanding mineralization footprint.
A total of 46 rock samples were collected during the exploration program of which 14 returned assays greater than 5 g/t gold and 19 returned assays greater than 1 g/t gold, according to the company.
Silver Range is a precious metals prospect generator working in Nevada and northern Canada. The company has assembled a portfolio of 47 properties, of which 15 are currently under option to others.
Contact Sean at sean@proactiveinvestors.com