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Last C$0.06 CAD
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As of 3:38 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

silver range resources ltd (SNG) Snapshot

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silver range resources ltd (SNG) Details

Silver Range Resources Ltd., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company primarily explores for gold, zinc, lead, silver, and copper. It holds interests in the Silver Range project, which consists of 26 mineralized zones located near Faro town; and the Mel project that consists of 4 mineral zones situated in Watson Lake town, Yukon Territory, Canada. It also has interests in the Mint property located in the southwest of the Alaska Highway; and the Barb property situated in the Watson Lake Mining District, Yukon Territory, Canada. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

silver range resources ltd (SNG) Top Compensated Officers

Chief Executive Officer, President and Direct...
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Chief Financial Officer
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Compensation as of Fiscal Year 2013.

silver range resources ltd (SNG) Key Developments

Silver Range Resources Completes Updated Resource and Barite Marketing Study for its Mel Property, Yukon

Silver Range Resources Ltd. announced that it has received an updated independent resource estimate for the Mel Main Zone on its wholly owned Mel Property, located in southeastern Yukon. The company also announced results of an independent barite marketing study relating to the property. Results include: the Mel Main Zone hosts an inferred resource of 5.38 million tonnes grading 6.45% zinc, 1.85% lead and 44.79% barite (BaSO4), at a cut-off grade of 5.0% zinc-equivalent. The barite marketing study concludes that sales of 50,000 tonnes of barite per year at $100/tonne would be reasonable into the Western Canadian market. The Mel Property lies 80 km east of Watson Lake and 40 km north of the Alaska Highway. At the Mel Main Zone, Cambrian to Ordovician-age marine sediments with minor coeval volcanics host stratabound zinc-lead-barite mineralization comprising coarse-grained sphalerite and galena disseminated throughout a mixture of mudstone, silica-carbonate and coarsely crystalline barite. Minor amounts of fine-grained, sparsely disseminated pyrite occur locally. Wallrocks are predominately limestone. Preliminary metallurgical testing on drill core from the Mel Main Zone by Lakefield Research in 1978, indicates that after grinding to 100 mesh, the mineralization responded well to flotation and yielded concentrates ranging from 60.9 to 64.7% zinc, 78.0 to 79.6% lead and 90.3 to 94.4% barite with recoveries of 90.3 to 96.2% for zinc, 97.7 to 98.0% for lead and 88 to 90.9% for barite. A later, larger-scale test was done for barite concentrate market evaluation. Concentrate grading 95.1% barite with a recovery of 92.6% was produced from feed grading 53.5% barite. A second round of preliminary metallurgical testing on drill core from the Mel Main Zone was performed by Westcoast Mineral Testing in 1990, which yielded similar results to the Lakefield Research tests.

Silver Range Resources Ltd., Annual General Meeting, Jul 11, 2014

Silver Range Resources Ltd., Annual General Meeting, Jul 11, 2014., at 10:00 Pacific Standard Time. Location: Suite 1016 - 510 West Hastings Street. Agenda: To approve fixing the number of Directors; to elect Directors for the ensuing year; to appoint an Auditor for the ensuing year, and authorizing the Directors to fix the Auditor's remuneration; to consider and, if thought advisable, to pass an ordinary resolution approving the renewal of the Company's Stock Option Plan, as more fully set forth in the Information Circular accompanying this Notice of Meeting; and to transact such other business as may properly come before the Meeting or any adjournment thereof.

Silver Range Resources Ltd. Announces Results from Exploration and Drilling at its Wholly Owned Silver Range Project located in Yukon Territory

Silver Range Resources Ltd. announced results from exploration and drilling at its wholly owned Silver Range Project located in Yukon Territory. The Silver Range Project is situated 10 to 40 km north of the town of Faro, the former site of large-scale lead-zinc-silver mining operations. The 2013 exploration program included 1,156 m of diamond drilling in seven exploration holes and one geotechnical hole, together with prospecting and detailed mapping on silver-rich structural targets surrounding the company's core Keg Deposit. The bulk-tonnage 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 in inferred resources. Metallurgical results show that mineralization responds very well to conventional copper/lead/zinc flotation processing with excellent recoveries of payable metals. A single exploration drill hole was completed at the Hammer Zone and returned 337.00 g/t silver, 0.487% lead and 4.590% zinc over 0.49 m from the Central Vein. Previous broadly-spaced drilling at the Hammer Zone outlined a large high-grade epithermal system, with three subparallel, silver-rich veins traced for strike lengths of up to 600 m and through a vertical range of 280 m. All veins are open for extension along strike and to depth; Further drilling at the Owl Southwest Zone extended mineralization to the northeast and downdip. Results from three completed drill holes include 152.4 g/t silver, 0.792% lead and 0.135% zinc over 2.61 m and 42.58 g/t silver, 0.133% lead and 0.240% zinc over 11.18 m. Only two drill holes had been previously completed at the Owl Southwest Zone, both of which returned significant silver intersections including 5,370 g/t silver over 0.34 m and 432 g/t silver over 1.50 m; and Silver-rich mineralization was discovered in two new areas of the property, with rock samples returning 982 g/t silver, 4.180% lead and 9.730% zinc at the Newton Zone and 504 g/t silver, 1.060% copper and 14.35% lead at the Gauss Zone. In 2013, three holes totaling 396.4 m were completed at the Owl Southwest Zone, located 7.3 km northwest of the Keg Deposit. Drilling tested the down-dip and strike extensions of mineralization identified in 2012, which included 5,370 g/t (156.63 oz/t) silver over 0.34 m in hole OSW-12-001. Mineralization occurs near the edge of an extensive upland marsh marked by a strong, open-ended 200 by 350 m soil geochemical anomaly, with values ranging from 10 to 208 g/t silver. The 2013 drill program successfully extended the known mineralized zone along strike to the northeast and down-dip. Hole OSW-13-005 intersected 2.61 m grading 152.4 g/t silver while hole OSW-006 returned 11.18 m grading 42.58 g/t silver. These 2013 holes are located 50 m along strike and 50 m down dip, respectively, from the high-grade intercept in OSW-12-001.


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