Silver Range Resources acquires two new gold properties in western Nevada
Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) said it has acquired two new gold properties in western Nevada.
The properties are Tondo del Pueblo (TDP) and Alimony, located in Nye County.
At Tondo del Pueblo, the company said gold has been found in east-striking shear zones hosting quartz veins cutting Triassic Excelsior Formation metasedimentary rocks, with one shear exposed for at least 400 meters (m) along strike.
READ: Silver Range Resources updates on property portfolio and new hires
In addition, it said grab samples collected from quartz veins within the exposed shears returned assays up to 35.4 grams per ton (g/t) gold (Au). Four of the 10 samples collected during staking returned assays greater than 5 g/t Au.
Sampling in the area by the Nevada Bureau of Mines & Geology returned analyses up to 9.5 g/t Au and 500 parts per million (ppm) silver (Ag), noted Silver Range, which examined, sampled, and staked TDP in October 2021.
At the Alimony property, the company said that gold is found in silicified tuffs within Miocene Milltown Andesite with mineralization exposed in several shafts and pits.
Grab samples returned up to 4.84 g/t Au with six of 24 rock samples collected returning analyses greater than 1 g/t Au. The Milltown Andesite and associated rhyodacite hosted the bulk of the extensive gold resources mined in the Goldfield Mining District. Reconnaissance soil lines across 200m of the inferred strike of mineralization detected anomalous gold on all lines.
Meanwhile, Silver Range said Bruce Kenway retired from the board, effective January 14, 2022. Kenway served as a director since August 2011 and chaired the Silver Range Audit Committee during that period.
And Elizabeth Wallinger has been appointed a director, effective January 14, 2022. Since 2011, she has worked in the mineral exploration industry as an exploration geologist with Archer, Cathro & Associates (1981) Limited and most recently at Sentinel Corporate Services Inc. as a corporate controller for various junior mining companies. Wallinger also serves on the board for GGL Resources Corp (TSX-V:GGL)., a Vancouver-based junior explorer.
Contact the author: [email protected]
Follow him on Twitter @PatrickMGraham
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/971237/silver-range-resources-acquires-two-new-gold-properties-in-western-nevada-971237.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
