#STRONGBOX WEST PROFESSIONAL#
Silver Range would like to thank ATAC for their thorough, diligent and professional work on the project.Īlso announced on February 22, 2022, Centerra Gold Inc. ATAC concluded that “prospecting and drilling results demonstrate a broad mineralized system” but drilling failed to meet their expectations. Since optioning the project in 2020, ATAC completed a property-wide soil survey collecting over 2800 soil samples conducted property-wide LIDAR and hyperspectral surveys collected 244 rock & chip samples and drilled 13 holes (4,124 m) reporting gold intersections in 8 holes (ATAC News Releases dated FebruApand February 22, 2022). (ATAC) notified Silver Range that it would be dropping their option on Silver Range’s East Goldfield Project. On February 22, 2022, ATAC Resources Ltd. Rock samples were analyzed by Ultra-Trace Aqua Regia ICP-MS (ME-MS41) and fire assayed for gold (50 g sample) (Au-AA26). Overlimit soil samples (> 1.00 ppm Au) were re-analyzed with ALS procedure Au-AROR44. ALS documents a 0.1 ppb Au detection limit for this technique. At the laboratory, soil samples were screened to -180 μm and a 50 g aliquot was analyzed for 41 elements with induced coupled plasma mass spectrometry (ICP-MS). Samples from Strongbox were secured and transported under chain of custody to ALS Minerals facilities in Reno, Nevada for sample preparation and analysis. An updated video presentation on results to date at Strongbox may be found atĪ total of 511 soil samples were collected of which 12 returned analyses greater than 100 ppb Au and 46 returned analyses greater than 20 ppb Au.
Silver Range believes a bulk tonnage target might be present here or at other locations on the property. Chip sampling across workings at the Dark Secret Mine by Silver Range in 2017 returned 40 m 0.469 g/t Au including 20 m 0.695 g/t Au. Where vein density is sufficiently high, wider lower grade intervals of mineralization may develop. Grab samples from these veins and float have returned up to 27.6 g/t Au and a chip sample returned 0.30 m 5.25 g/t Au. Gold occurs in en-echelon, generally NNE striking quartz veins up to 2 m wide in an ENE-WSW trending deformation zone. Intermittent hard rock mining on the property was conducted from approximately 1890 until the 1980’s. Strongbox is 95 kilometres (km) south of Tonopah and 80 km west of Beatty in southwest Nevada. Rock sampling conducted concurrently with the soil survey returned up to 5.69 g/t Au from the best of four samples collected on the west grid, approximately 250 m southwest of the Dark Secret Mine. The survey delineated a number of targets for follow-up trenching and suggests that bedrock gold mineralization west of Tule Canyon is much more widespread than the gold mineralization located to date. The highest sample in the survey was collected in an area where float grab samples returned up to 5.60 g/t Au. West of Tule Canyon, the survey identified numerous anomalies greater than 100 ppb Au with peak analysis of 4,290 ppb Au ( 4.29 g/t gold) in regions of thin colluvium and alluvium. (“Silver Range” or the “Company”) is pleased to provide results from a recent exploration program at the Strongbox Property in Esmeralda County, NV.Īt Strongbox, a soil geochemical survey was conducted on a 2,220 m by 600 m grid centred on the known bedrock mineralization in Tule Canyon. Vancouver, B.C., Febru– Silver Range Resources Ltd.
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