American Marconi Wireless News - Silver Range Commences Airborne Survey and Ground Exploration Program at the East Goldfield Property, Nevada

Airborne geophysical survey

Precision Geosurveys Inc. of Reno, NV and Langley, BC has been contracted to perform an airborne total magnetic field and radiometric survey over the East Goldfield Property. The survey will commence in the next few days following completion of ongoing surveys by Precision in the Tonopah area of west central Nevada. A total of 269 line-kilometres will be flown along lines spaced 50 metres apart, 30 metres above ground level. The results are anticipated to be useful in mapping the complex, highly altered volcanic stratigraphy present on the property.

Surface exploration program

A surface sampling program focusing on the area south of the central zone of hydrothermal alteration has been completed. Five targets were examined. The most promising is a 5-metre exposure of grey vuggy quartz with noteworthy disseminated pyrite, 380 metres east-northeast of the Tom Keane Mine shaft. This style of mineralization is known to host gold elsewhere in the Goldfield Mining District. Assay results from this work are pending. Silver Range intends to follow-up results with a program of small-diameter, shallow diamond drilling employing man-portable lightweight drills. Drilling is scheduled to begin in November.

About the East Goldfield Property

The East Goldfield Property is 14 kilometres east of Goldfield, NV and centred on a west-northwest-trending strong alunite alteration anomaly visible in short wave infrared (SWIR) ASTER imagery, and a coincident Au-Bi-Cu soil geochemical anomaly. The most significant historic mine workings on the property are at the Tom Keane Mine, south of this central anomaly. Workings there consist of a 500-foot inclined shaft and 2860 feet of underground drifts on four levels. A 1934 examination report listed samples returning 11.6 m @ 2.88 g/t Au on the 219 level and 3.04 m@ 4.11 g/t Au on the 319 level. Known drilling to date has concentrated south of the central alteration and geochemical anomaly in the area of the Tom Keane Mine and both east and west of this site. In an area approximately 800 m by 200 m including the Tom Keane Mine, 19 drill hole intersections from 26 drill holes have been used to define an Exploration Target consisting of from 2.26 to 6.60 Mt grading between 0.34 to 0.62 g/t Au containing between 55,000 to 72,500 ounces gold. [Silver Range Resources News Release dated April 9, 2025].

A video presentation describing results to date at East Goldfield is available on Silver Range's website at www.silverrangeresources.com.

Technical information in this news release has been approved by Mike Power, M.Sc., CPG, President and CEO of Silver Range and a Qualified Person for the purposes of National Instrument 43-101. Historical information cited in this news release was obtained from Nevada Bureau of Mines and Geology district files and from historical publications. This information cannot be independently verified by Silver Range.

About Silver Range Resources Ltd.

Silver Range is a precious metals prospect generator working in the Southwest United States. It has assembled a portfolio of 34 properties, 12 of which are currently optioned to others and also retains 9 royalty interests on previously vended projects. Silver Range is actively seeking other joint venture partners to explore the precious metals targets in its portfolio.

ON BEHALF OF SILVER RANGE RESOURCES LTD.

"Michael Power"

President and C.E.O

For further information concerning Silver Range or its exploration projects please contact:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

SOURCE: Silver Range Resources Ltd.

View the original press release on ACCESS Newswire

Y.Nakamura--AMWN