- Silver Range Resources (SNG) has returned high-grade gold from the company’s latest sampling efforts
- Work stemmed from the Vancouver-based mineral explorer’s Cambridge Project in Lyon County, Nevada
- The best results amounted to 93.8 grams per tonne of gold and 41.4 grams per tonne, which came from dump samples
- The company encountered up to 265 grams per tonne of silver, 1.64 percent copper and 9.24 percent lead as well
- Silver Range Resources is unchanged, trading at $0.14 at 12:54 p.m. EST
Silver Range Resources (SNG) has returned high-grade gold from the company’s latest sampling efforts.
Work stemmed from the Vancouver-based mineral explorer’s Cambridge Project in Lyon County, Nevada.
The best results amounted to 93.8 grams per tonne of gold and 41.4 grams per tonne, which came from dump samples.
A total of 18 samples were collected of which eight returned analyses greater than 5 grams per tonne of gold.
The company encountered up to 265 grams per tonne of silver, 1.64 percent copper and 9.24 percent lead as well.
Mineralization appears to be mesothermal in character, similar to that found at the Cambridge Mine.
The Cambridge Project covers numerous historical shafts and adits dating back to the 1860s, including the Cambridge Mine.
Silver Range has a portfolio of 45 properties across the southwest United States, of which 13 are currently under option to others.
Four other properties have been converted to royalty interests.
Silver Range is actively seeking other joint venture partners to explore the high-grade precious metals targets in its portfolio.
Silver Range Resources is unchanged, trading at $0.14 at 12:54 p.m. EST.
