Silver Range awaiting Alamo sampling results

Executive Summary

• Silver Range Resources provided an operational update for fall 2025, detailing exploration activities across its Alamo, East Goldfield, and Sniper properties.
• At the Alamo property, 453 soil samples and 10 rock samples were collected in December, with results pending.
• At the East Goldfield property, an airborne survey was completed, five new areas of surface gold mineralization were identified, and six short diamond drill holes were completed in November before being paused due to weather and personnel issues; resumption is planned for spring 2026.
• The Sniper property was expanded from four to 14 claims to cover lapsed showings, with preliminary sampling of historic workings completed and analyses pending.

Key Details

• Alamo Property (Wenden, Ariz.):
  • Completed soil and rock sampling program in December.
  • Collected 453 soil samples and 10 rock samples.
  • Samples submitted to laboratories in Reno, Nev.; results are pending.
• East Goldfield Property:
  • Completed airborne total magnetic field and radiometric survey over the claim block in October.
  • Identified, mapped, and sampled five areas of new surface gold mineralization in October.
  • Undertook shallow diamond drilling with gas-powered, small-diameter drills on two targets in November.
  • Completed six short holes; program was foreshortened by impassable roads due to wet weather and personnel shortages.
  • Analyses from the drilling program are pending.
  • Program scheduled to resume in spring 2026.
• Sniper Property (Gold Point, Nev.):
  • Expanded claim block from four to 14 claims to cover recently lapsed showings near Gold Mountain.
  • Completed preliminary sampling of historic workings.
  • Analyses are pending.
• Technical Approval:
  • Technical information approved by Mike Power, MSc, CPG, President and CEO, a qualified person under National Instrument 43-101.