Silver Range Resources stakes highly prospective South Weepah property in Nevada
December 06, 2023 at 01:32 pm EST
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Silver Range Resources Ltd CEO Mike Power joined Proactive's Stephen Gunnion with details of the South Weepah property the company has staked, near Tonopah in central Nevada.
Power said the property, south of the Weepah deposit owned by Eagle Royalty Corp, exhibits promising potential with similarities in setting and mineralization style.
Initial sampling has shown significant surface mineralization, including historic results of 30.9 grams per tonne gold, indicating a potential high-grade target. To further assess and develop the site, Silver Range plans to conduct soil testing, geophysics, mapping, and alteration mapping.
Power said Silver Range Resources is also keeping its previously announced non-brokered private placement financing open, with funds targeted at further exploration in the southwestern United States and for working capital.
The company will showcase its projects at upcoming conferences, including the American Exploration Mining Association convention, the Vancouver Resource Investment Conference, and the Associate for Mineral Exploration Cordilleran Roundup in the Prospect Generators Hub.
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Silver Range Resources Ltd. is a Canada-based mineral exploration company. The Companyâs mineral property interests include various mineral properties located in the Yukon Territory, Northwest Territories and Nunavut in Canada and in Nevada, United States. The Companyâs projects include Mel and Barb, Michelle, Silver Range, Cabin Lake royalty interest, Uptown Gold property option, South Kitikmeot property option, East Goldfield property, Hannapah and other. The Mel and Barb projects are located in the Watson Lake Mining District, Yukon Territory. The Michelle property is located in the Dawson and Mayo Mining Districts, Yukon Territory. The Silver Range project is located in the Whitehorse Mining District, Yukon Territory, which includes the JRV claims and the BP4 claim. The Cabin Lake property is located in the Northwest Territories. The South Kitikmeot project is located in Nunavut, Canada, which comprises the Bling, Esker Lake, Goldbugs, Hiqiniq, Ujaraq, Uist and Qannituq properties.