Silver Range Resources Ltd (CVE:SNG) (OTCMKTS:SLRRF) (FRA:8SR) is boosting its property portfolio with the addition of a new high-grade silver asset.
The Roughrider property in the Walker Lane, west central Nevada, consists of six claims that contain shear-hosted quartz veins and stockworks along a one-kilometre-long shear zone.
Earlier sampling by Silver Range returned 4,320 grams per ton (g/t) silver and 3,530 g/t silver from vein material exposed in underground workings along a 300 metre (m) interval, where the shear zone is intermittently exposed.
READ: Silver Range Resources announces the completion of soil geochemical surveys at its Sniper project in Nevada
Additionally, a chip sample of the back of one of the veins returned 0.2m at 632 g/t silver. Base metal tenor of the vein material is high with up to 0.6% copper, 2.1% zinc and 11% lead recorded in mineralized samples.
A total of five grab samples were collected during staking in October 2020, returning silver values ranging from 40.9 g/t silver to 4,320 g/t silver in recently received assays.
Roughrider has seen activity since at least the early 1900s, according to Silver Range.
The company said it plans to conduct a program of soil sampling and geophysical surveys, followed by trenching and underground exploration to evaluate the mineralization at Roughrider and define drill targets.
Vancouver-based Silver Range is a precious metals prospect generator working in Nevada and Northern Canada. It has assembled a portfolio of 44 properties, 10 of which are currently under option to others.
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