Silver Range adds to NU gold properties

Silver Range Resources Ltd. June 22 provided an update on work at its South Kitikmeot gold project, which includes seven properties between Sabina Gold & Silver's Back River Project west to the historical Lupin Mine in Nunavut.

In May, Silver Range completed ground geophysical surveys over the Billie and Holliday Zones at the Uist property.

These zones were identified by Silver Range in 2016, where surface samples returned grades as high as 64 grams per metric ton gold.

A magnetic survey mapped an iron formation on the property and a horizontal loop electromagnetic survey identified three conductive zones within the iron formation.

Silver Range said these conductive targets will be tested by shallow drilling or trenching in a follow-up program.

In early June, Silver Range staked the Qannituq, a property adjacent to Sabina's Llama deposit, where recent drilling cut 8.3 meters averaging 6.52 g/t gold about 300 meters lower than the current resource.

Silver Range said Qannituq is underlain by the same group of metasediments that hosts gold mineralization at the Llama, Umwelt and Goose deposits at Back River.

Silver Range is currently compiling geological and geophysical data in preparation for field work at Qannituq later this season.

-SHANE LASLEY