Silver Range expands Drum project in Utah and advances exploration plans

Silver Range Resources CEO Mike Power joined Steve Darling from Proactive to provide an update on the company’s Drum Project in central Utah, highlighting a significant expansion of its land position. Power explained that Silver Range has increased the project footprint from 7 to 37 Federal Lode Claims through additional staking. The newly acquired ground includes the Rattler Breccia and other prospective showings located south of the core mineralized zones. In addition to expanding the land package, the company has acquired a comprehensive set of historical exploration data from previous operators, including Gold Fields Exploration, Newmont, Renaissance Gold Corp., and Troymet Exploration Corp. This dataset includes geological, geochemical, geophysical, and drilling information, which is now being compiled and analyzed to support upcoming exploration programs later this year. The Drum Property, located in Juab County, hosts gold mineralization within widespread jasperoid replacement zones and breccias developed in Cambrian Orr Formation limestone. Power noted that the geological setting, mineralization style, and geochemical signature are comparable to Carlin-type deposits found in neighboring Nevada. Initial sampling conducted by Silver Range has returned encouraging results, with gold values ranging from trace up to 1.02 grams per tonne and silver values from trace up to 15.2 grams per tonne across 23 chip samples. The company is now advancing its understanding of the project as it prepares for the next phase of exploration. #proactiveinvestors #silverrangeresources #tsxv #sng #mining #mikepower #nevada #DrumProject #UtahMining #GoldExploration #SilverExploration #MineralExploration #MiningClaims #CarlinType #Geology #Geophysics #Geochemistry #ResourceDevelopment #ExplorationUpdate #JuniorMining #MiningGrowth