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Silver Range Resources rebounds with $3M recap, expands U.S. portfolio, eyes Faro mine deal

Silver Range Resources rebounds with $3M recap, expands U.S. portfolio, eyes Faro mine deal

Silver Range Resources CEO Mike Power joined Steve Darling to discuss the company’s strong rebound after navigating a challenging year. Power shared how the precious metals prospect generator, active across the southwestern U.S., successfully recapitalized without raising new funds—instead monetizing a long-held share position in Silver47, generating approximately $3 million in proceeds.

Power also outlined a series of key project developments that underscore the company’s renewed momentum. Silver Range recently vended its Skylight Property to Rush Gold, optioned three projects to Walker Lane Resources, and advanced the Bellehelen Project through its partnership with Excalibur Metals. Notably, former Silver Range partner John Gilbert has taken the helm at Excalibur as CEO, ensuring strong leadership on the Bellehelen initiative.

Looking ahead, Power expressed optimism about Silver Range’s collaboration with Broden Mining, which is working toward restarting the historic Faro Mine in Yukon. Silver Range’s Keg Deposit has now been added to the project mix, with Power noting that a potential deal could finally be within reach after nearly a decade of effort.

With a strengthened balance sheet, multiple active partnerships, and promising developments on several fronts, Silver Range Resources is entering a new phase of stability and opportunity.

#proactiveinvestors #silverrangeresources #tsxv #sng #mining #mikepower #nevada #eastgoldfield SilverRangeResources #MikePower #SilverExploration #MiningStocks#ProspectGenerator #Silver47 #FaroMine #BrodenMining #YukonMining #PreciousMetals

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