Announcement Date: 2022-10-24
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Silver Range Resources Ltd.
Project name: Michelle
Location: Canada
Commodities: Silver,Copper,Lead,Zinc,Gallium,Antimony
Highlight: Drilling results incl. 15.21m at 907.11g/t Ag, 26.03% Pb, 2.72% Zn, 117.24ppm Cu, 17.1ppm Ga, 1011.99ppm Sb from 33.79m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: October 24, 2022 – Vancouver, B.C. – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) is pleased to report that its partner Silver47 Exploration Corp. (“Silver47”) has completed 5 shallow diamond drill core holes at the Silver Matt Discovery on its Michelle Project located in North-Central Yukon, Canada. All 5 holes intersected oxidesulphide mineralization. Mineralization was first discovered in the Silver Matt area in 2009 by prospecting where a grab sample returned 4180 g/t Ag and where a 2015 hand trench yielding 2.8m of 894 g/t Ag, 46.9% Pb and 8.09% Zn. The initial drill discovery at the Silver Matt Target was made in 2021 through RC drilling in hole MCH-21-005 as highlighted below. Holes MCH-22-001 to MCH-22-003 were completed from the same collar as the 2021 RC holes to test potential downdip and strike extension from the discovery hole MCH21-005. Holes MCH22-004 and MCH22-005 were collared 50m northwest to test strike extension (results pending).
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