Core Viewpoint - Silver Range Resources Ltd is advancing its exploration projects, particularly focusing on the Tule Canyon gold-silver property in Nevada, utilizing new geophysical work to explore its potential [1]. Company Overview - The Tule Canyon project features high-grade gold and silver mineralization over several miles, with historical mining activities dating back to the 1890s [2]. - Previous larger companies showed little interest in the area due to the smaller, high-grade showings, but the company identified a larger zoned system with silver to the west and gold-rich zones to the east [3]. Geological Insights - The mineralization showings are located along a significant bend in the aeromagnetic field, which is crucial for geological studies as it indicates areas where pressure is released and mineralization can occur [4]. - The company believes this bend could be key to understanding the district and locating a major deposit [4]. Survey Plans - The company has engaged Precision GeoSurveys to conduct an airborne survey to map the structural bend and identify secondary anomalies that may indicate new mineralization [5][6]. - The airborne survey is advantageous as it allows for the efficient coverage of large areas, providing a base map for further exploration, especially in areas where surface mapping is challenging due to alluvium [7]. Expected Outcomes - The data from the surveys will enhance understanding of the geological structure and guide exploration efforts to uncover additional mineralization or expand known areas [8].
Silver Range CEO on advancing the Tule Canyon gold-silver project – ICYMI
Proactiveinvestors NA·2025-11-01 13:17