Silver Range stakes properties in Nevada, Utah

Executive Summary

• Silver Range Resources Ltd. has staked two new precious metals projects: the Quinn property in Humboldt County, Nevada, and the Drum property in Juab County, Utah.
• Initial sampling on the Quinn property returned significant gold values, including two samples exceeding 5 g/t Au and one historic sample of 46.6 g/t Au, hosted in Triassic-Jurassic volcanics.
• Sampling on the Drum property, which shares geological similarities with nearby Carlin deposits, returned gold values up to 1.02 g/t Au and silver up to 15.2 g/t Ag from jasperoid replacements.
• The company plans to conduct geological mapping, prospecting, and geochemical/geophysical surveys to delineate mineralization on both properties.

Key Details

• Quinn Property (Nevada):
  • Location: Sections 25 and 26, Township 42N, Range 31E, Humboldt County, Nevada.
  • Geology: Mineralization hosted in Happy Creek volcanics (Triassic-Jurassic andesite flows/volcanlastics), metamorphosed to lower greenschist facies, cut by west-northwest-trending shears.
  • Sampling Results (August 2025): Five grab samples returned gold values from 0.040 to 27.5 g/t Au and silver up to 15.7 g/t Ag.
  • High-Grade Samples: Two of five samples returned >5 g/t Au.
  • Historic Data: Proprietary database includes a grab sample assaying 46.6 g/t Au.
  • Infrastructure: Small mine cut exploiting several small adits following parasitic northeast-trending structures.
• Drum Property (Utah):
  • Location: Sections 17, 18, and 20, Township 14S, Range 11W, Juab County, Utah.
  • Geology: Gold mineralization hosted in widespread jasperoid replacements and breccias in Cambrian Orr formation limestone. Style similar to Carlin deposits.
  • Previous Exploration: Explored by Troymet Exploration Corp. from 2015 to 2018.
  • Sampling Results (September 2025): 23 chip samples returned gold values from trace to 1.02 g/t Au and silver from trace to 15.2 g/t Ag.
• Future Work:
  • Geological mapping and prospecting.
  • Geochemical and geophysical surveys to delineate mineralization.
• Technical Verification:
  • Approved by Mike Power, MSc, CPG, President and CEO (Qualified Person under NI 43-101).
  • Samples shipped to ALS Minerals (Reno, NV).
  • Processing: Crushed to <2mm (Code CR-32), pulverized to 85% passing 75-micron mesh (Code PUL-32).
  • Analysis: 50-gram subsample fire assayed with atomic absorption finish (Code Au-AA26).

Notable Quotes

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