Silver Range Intercepts Bonanza Grade Silver At Hammer Zone

Silver Range Resources Ltd. (TSXV:SNG.WT) released the diamond drill results from the 15 of the 21 holes located on the Hammer Zone of the Silver Range Project in Yukon.

As quoted in the press release:

The Hammer Zone is located 12 km over gentle terrain from the historical Faro mine and mill site in an area of exceptional infrastructure. Highlights from 2012 work include:

• Bonanza grades of 4,620 g/t silver (134.8 opt) over 0.53 m has been intersected from sulphide mineralization and 1,590 g/t silver (46.4 opt) over 0.70 m from oxide mineralization;
• Three subparallel high-grade, silver-bearing veins have been identified to date in the Hammer Zone epithermal system, with assay results from a fourth vein pending. Individual veins are spaced about 75 m apart;
• Veins have been traced by drilling for strike lengths of up to 600 m, and through a vertical range of 280 m. All veins are open for extension along strike and to depth; and
• High-grade silver mineralization has been discovered in several new areas near the Hammer Zone and within the surrounding 17 km long Mt Mye Trend. Results will be released as additional work is completed and targets are advanced to the drill stage.

Click here to read the full press release.