Silver Range Resources Ltd. is advancing a district of silver-bearing mineral zones at its wholly-owned Silver Range Project, located in an area of exceptional infrastructure near the town of Faro, Yukon Territory.

Since the first reconnaissance drill holes intersected broad mineralized intervals in 2010, the Company has rapidly advanced and delineated the Keg Main Zone. A maiden inferred resource estimate announced in late 2012 shows that the Keg Deposit contains 38.7 million ounces of silver, 675 million pounds of zinc, 228 million pounds of lead, and 131 million pounds of copper*. A program of metallurgical testwork involving seven drill core composites indicates that the Keg Deposit mineralization responds very well to conventional copper/lead/zinc flotation processing, with excellent recoveries of payable metals.

Based on the relatively high gross metal value per tonne and very positive metallurgical test work results, the company has initiated engineering studies that will enable completion of a preliminary economic assessment. The potential for additional resources, access to existing infrastructure and favourable geometries within the Keg Deposit, should all enhance the project's economics.

The Keg Deposit is one of 24 mineralized zones that have been discovered to date at the 1,100 sq km Silver Range Project. At the Hammer Zone, initial drilling in 2012 traced high grade silver mineralization over a 600 metre strike and a vertical range of 280 metres with bonanza-grade silver intercepts up to 4,620 g/t over 0.53 metres. The Hammer Zone is only 12 km from the Faro mine and mill site, once Canada's largest open-pit lead-zinc operation and part of a 17 km long Mount Mye mineralized belt. To the north, the sub-parallel Tay Trend extends for a 70 km length and hosts numerous bulk-tonnage and high grade showings, including the Keg Deposit and the newly discovered Owl Southwest Zone, where first-pass drilling retuned 5,370 g/t silver over 0.34 m. Multiple other priority targets have been outlined and await further and/or initial drill testing.

At the wholly-owned Mint gold-copper-molybdenum porphyry project located in southwestern Yukon, broadly-spaced drilling returned anomalous gold values to 0.556 g/t gold over 53.0 m.

With an exciting property portfolio and an experienced management team with a strong track record of success, Silver Range is well-positioned for future growth.

*At a 16 g/t silver cut-off, the Keg inferred resource is 39.76 million tonnes grading 30.25 g/t silver, 0.26% lead, 0.77% zinc and 0.15% copper. For further details see technical report entitled "Geology, Mineralization, Geochemical Surveys, Diamond Drilling, Metallurgical Testing and Mineral Resources at the Keg Property" dated December 19, 2012 and amended May 27, 2013 and filed on SEDAR.

Subscribe for Updates