2 August 2017
Silver Range Resources Ltd. has signed a letter of intent with GGL Resources Corp. to option the Providence Greenstone Belt (PGB) Project in the Northwest Territories. The Providence Greenstone Belt is centred 250 km northeast of Yellowknife and 80 km west of the Ekati Mine in the central Northwest Territories. It is a 140 km long by 10 to 30 km wide belt of ultramafic and mafic volcanic rocks capped by turbidites, metamorphosed to between greenschist and lower amphibolite facies. The greenstone belt is underexplored relative to other known greenstone belts throughout the world, having only been fully mapped in the late 1970s. Preliminary exploration has identified numerous gold and base metal occurrences along the full length of the belt.