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market news

Silver Range Defines High-Grade Drill Targets at Strongbox

Melissa Shaw
Jul. 05, 2017 08:56AM PST
Silver Investing

Silver Range Resources (TSX VENTURE: SNG) (“Silver Range”) is pleased to provide results from a geological and geophysical program conducted at the Strongbox Property in Esmeralda County, Nevada. Property highlights include: widespread surface gold mineralization grading up to 27.1 g/t gold; and, geophysical surveys that define large target areas below and along strike of known high-grade mineralization. …

Silver Range Resources (TSX VENTURE: SNG) (“Silver Range”) is pleased to provide results from a geological and geophysical program conducted at the Strongbox Property in Esmeralda County, Nevada.

Property highlights include:

  • widespread surface gold mineralization grading up to 27.1 g/t gold; and,
  • geophysical surveys that define large target areas below and along strike of known high-grade mineralization.

The Strongbox Property covers a system of gold veins that straddle Tule Canyon, located 55 kilometres by road south of the town of Goldfield. Despite being the target of several placer and small-scale hard rock mining operations since the mid-1800s, Strongbox has seen little modern exploration, and Silver Range has found no evidence of drilling.

A total of 42 grab and chip samples were collected during the recent program, 16 of which assayed greater than 1 g/t Au and 9 of which assayed greater than 5 g/t Au. The best sample returned 18.7 g/t Au from vein material that was taken from a dump at the main showing west of Tule Canyon.

Click here to read the full text release. 

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