Silver Range Resources announces Up Town Gold drill results
27 November 2017
Silver Range Resources Ltd. reports that Rover Metals Corp. has provided the results of a drill program conducted on the Up Town Gold Property in August and September 2017. Rover completed 14 drill holes (total drill length 803 metres) on the property. Drilling at the Rod Zone (10 holes / total 528 m) intersected short intervals of high grade gold enclosed in lower grade rock in 4 of the 10 holes. In addition to testing the known mineralization at Rod, a second structure (Rod West) was intersected at depth and returned best results of 0.6 m @ 15.20 g/t Au in hole ROD-17-004. At Fox South, drilling was focused on testing the shear zone south of the known mineralization. The results of this work (4 holes / total 275 m) extended the strike length of drilled mineralization to 250 m.
The drilling at Fox South confirms that the open north end of the zone may be more prospective. Holes drilled here in 2013 returning 4.14 m @ 2.62 g/t Au and 2.13 m @ 4.67 g/t Au.
The initial drill program at Up Town Gold confirmed the presence of shallow high-grade gold mineralization at Rod and provided a vector to potentially higher-grade mineralization at Fox South. At Rod, a second parallel structure hosting high grade gold was intersected west of the principal vein system. The Up Town Gold property, adjacent to Giant Mine, hosts high grade surface gold mineralization and remains largely unexplored.