Silver Range Partner Walker Lane Resources to Begin an Airborne Geophysical Survey at Tule Canyon, Nevada
VANCOUVER, BC / ACCESS Newswire / October 28, 2025 /Silver Range Resources Ltd. [TSX-V:SNG] ("Silver Range" or the "Company") is pleased to announce that partner Walker Lane Resources Ltd. ("Walker Lane") is undertaking an airborne geophysical survey at the Tule Canyon Property in Esmeralda County, Nevada. Walker Lane has an option to acquire a 100% interest in the Tule Canyon Property [Silver Range News Release dated March 26, 2025]
Precision Geosurveys Inc. of Reno, NV and Langley, BC has been contracted to perform an airborne total magnetic field and radiometric survey over the Tule Canyon Property. The survey will commence following completion of ongoing surveys by Precision in West Central Nevada and California. A total of 212 line-kilometres will be flown along lines spaced 100 metres apart, 30 metres above ground level.
The Tule Canyon Property sits astride a prominent deflection in the regional magnetic field associated with the underlying Sylvania Pluton. High grade gold and silver mineralization in the district is localized along this feature. The principal objectives of the survey will be to accurately map this deflection and to locate second order anomalies which may be associated with structurally controlled precious metal mineralization.
About the Tule Canyon Property
The Tule Canyon Property is 95 km south of Tonopah and 80 km northwest of Beatty near the Nevada-California border. Mineralization on the property occurs along a 5-kilometre-long trend coincident with a major structural inflection in the Sylvania Pluton mapped by regional aeromagnetic surveys. Gold and silver mineralization is hosted in numerous quartz veins with mesothermal textures. Precious metals are associated with hematite, pyrite, yellow plumbo-jarosite or similar lead oxides, rare galena and copper oxides. The western end of the trend covering the Ingall 's Vein and the China Doll zone are silver-dominant with mineralization returning up to 4,320 g/t Ag and up to 31.8 g/t Au. The eastern end of the trend is gold-dominant with assays up to 37.3 g/t Au at surface and 27.6 g/t Au underground. Silver assays from material collected in this eastern area range up to 183 g/t Ag.
Mining in Tule Canyon dates from prior to 1848 when Mexican placer miners first began work in the area. Hard rock mining on the property dates from the 1890 's at the Dark Secret Mine. Mining at the nearby Eastside Mine and the Ingalls Vein occurred during the late 1900 's with a small heap leach operation constructed at the latter property. A small open pit mining operation at the Dark Secret Mine during the 1980 's reportedly shipped material to Goldfield for processing. In the pit, coalescing veins appear to form a bulk tonnage target. A chip-trench sample across the bottom of the pit returned 40 m @ 0.469 g/t Au including 20 m @ 0.695 g/t Au. Grab samples of vein material in the pit returned up to 14.1 g/t Au. Despite the past history of mining and high-grade surface mineralization on the property, there is little evidence of modern exploration activity and no known drilling.
A video presentation describing results to date at Tule Canyon is available on Silver Range 's website at www.silverrangeresources.com.
Technical information in this news release has been approved by Mike Power, M.Sc., CPG, President and CEO of Silver Range and a Qualified Person for the purposes of National Instrument 43-101. Historical information cited in this news release was obtained from Nevada Bureau of Mines and Geology district files and from historical publications. This information cannot be independently verified by Silver Range.
About Silver Range Resources Ltd.
Silver Range is a precious metals prospect generator working in the Southwest United States. It has assembled a portfolio of 34 properties, 12 of which are currently optioned to others and also retains 9 royalty interests on previously vended projects. Silver Range is actively seeking other joint venture partners to explore the precious metals targets in its portfolio.
ON BEHALF OF SILVER RANGE RESOURCES LTD.
"Michael Power"
President and C.E.O
For further information concerning Silver Range or its exploration projects please contact:
Investor Inquiries Mike Power Tel: (604) 687-2522 NA Toll-Free: (888) 688-2522 |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
SOURCE:Silver Range Resources Ltd.
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