Silver Range Resources Ltd. provided an update on exploration work in Arizona, partner activity and property option developments. In May, Silver Range staked and conducted preliminary exploration on two targets identified by reconnaissance work in Arizona. The Chloride Property is located in Mohave County near the town of Chloride in the Wallapai Mining District.

It covers the northwestern extension of the Tennessee Mine, one of the two principal mines in the district. Initial grab sampling by Silver Range returned analyses up to 18.75 g/t Au, 764 g/t Ag, 11.6% Zn and 2.35% Pb from dump material at the Elkhart, Dardanelles and Argyll Mines. These small past producers are found along a 1,500 m long structural extension of the Tennessee Mine vein system.

At Chloride, a total of 27 samples were collected, 4 of which returned assays greater than 5 g/t Au. Silver Range intends to conduct detailed geological mapping, grid soil sampling and geophysical surveys to identify targets for subsequent trenching and drill testing. The Crosby Property is located 67 km west of Prescott in Yavapai County.

The property covers the small past producing Crosby Mine, an underground mining operation which saw intermittent production from 1906 to 1934. Known historical development on the property includes a 107 m inclined shaft and systematic development along strike for 100 m to a depth of 50 m. A 10-stamp mill was operated on the property prior to 1934. Preliminary sampling by Silver Range returned dump and chip samples assaying up to 22.8 g/t Au with 5 of 27 samples returning assays greater than 5 g-t Au.

Silver Range intends To conduct geochemical and geophysical surveys on the property to locate drill & trenching targets. Silver Range optioned the South Kitikmeot Gold Property to Viridis Mining & Minerals Limited in October 2021. On June 6, 2023, Viridis released results from a 7 hole /764 m initial drill program at the Esker Lake Property, one of the seven projects in the SKGP.