Exploration Program Completed At The Tonto Del Pueblo

VANCOUVER - Silver Range Resources Ltd. reported on exploration work in Nevada and property option activity. In April, Silver Range completed an exploration program at the Tonto del Pueblo Property (TDP) in northern Nye County, Nevada. TDP hosts gold mineralization in several settings with initial samples returning up to 35.4 g/t Au and 4 out of 10 samples collected during staking returning analyses greater than 5 g/t Au. The Company expanded the claim block to 15 claims; sampled numerous workings on the property; and conducted geological mapping, prospecting, alteration mapping and packsack diamond drilling. Analytical results are pending. In late May, completion of airborne total magnetic field and radiometric surveys covering the expanded claim block and surrounding areas.

Silver Range signed an amendment with Excalibur Metals Corp. granting Excalibur until December 31, 2023 to fulfill the terms in the Definitive Agreement covering the Bellehelen Property . Consideration in the amount of U$16,200 was paid to Silver Range.