Silver Range Nunavut exploration underway
18 July 2017
Silver Range Resources Ltd. is pleased to provide an update on exploration projects underway on its South Kitikmeot Gold, Hard Cash and Yandle properties in Nunavut. The South Kitikmeot Gold Project is located between Sabina Gold & Silver’s Back River Project and the Lupin Mine. It includes seven properties with a total area of 60,030 hectares covering iron-formation-hosted gold mineralization in the metasedimentary rocks which host the Goose, Umwelt, Llama and George Lake gold deposits and the Lupin Mine. Summer exploration at South Kitikmoet Gold will be conducted on the Qannituq and Bling Properties. The Hard Cash Property is located on Ennadai Lake in southwestern Nunavut at the western end of the Ennadai-Rankin Greenstone Belt, host to Agnico Eagle’s Meliadine deposit. Work by Silver Range in 2016 defined a 1400 m zone of high grade gold mineralization in float and bedrock defined by numerous samples in excess of 10 g/t Au. The Yandle Property is located east of Henik Lake, approximately 155 km west of the hamlet of Arviat. The principal target on the property is a zone of widespread gold mineralization in float, 4.5 kilometres long and up to 100 metres wide enclosed in an extensive alteration zone.
