17 January 2017
January 17, 2017 - Silver Range Resources Ltd. (TSX-V:SNG) ("Silver Range") is pleased to provide a review of 2016 activities and 2017 plans.
In March 2016, Silver Range announced a change in business strategy, reconfiguring the Company as a precious metals prospect generator focused on Northern Canada and Nevada - politically stable jurisdictions known to host large high grade gold deposits. Since June, the Company has acquired 25 projects in the NWT, Nunavut and Nevada and has optioned-out two projects. "In the year ahead, we expect to add more high grade gold prospects to our portfolio but our main objective will be finding partners for our projects," states Mike Power, President and CEO of Silver Range. "We believe that our focus on high grade mineralization will ensure that our projects are attractive regardless of market conditions."
The most important developments during 2016 include the following: