Silver Range expands Sniper Property after high-grade gold results in Nevada

Silver Range Resources CEO Mike Power joined Steve Darling from Proactive to provide a key exploration update on the company’s Sniper Property in western Nevada, highlighting a significant expansion of the land package and the discovery of high-grade gold mineralization. Power explained that Silver Range has increased the size of the Sniper Property from four to 14 claims through strategic staking, substantially enlarging its footprint to cover a broader area surrounding a high-grade gold occurrence near Gold Mountain. Recent sampling from newly staked showings has returned values of up to 16.21 grams per tonne gold, reinforcing the project’s exploration potential. The Sniper Property is situated on the north flank of Gold Mountain, south of Gold Point in Esmeralda County—an area known for its historical mineralization. Geologically, the property hosts ribbon-banded quartz veins containing sulphide minerals such as pyrite, galena, and tetrahedrite, along with secondary minerals including chrysocolla and wulfenite. These mineralized structures occur within the carapace of the Jurassic Sylvania Pluton, just beneath its contact with overlying Precambrian Wyman Formation metasediments. Power noted that sulphide mineralization is present in concentrated clots and can locally comprise up to 20% of the vein material, indicating a robust mineralizing system. At the North Showing, mineralization is found immediately adjacent to the intrusive-metasediment contact, where previous sampling has delivered particularly strong results. Grab samples from this area have returned grades of up to 121 g/t gold and 1,375 g/t silver, while a chip sample recorded 0.4 metres grading 46.3 g/t gold. At the newly staked South Showing, similar vein-hosted mineralization has been identified, though occurring deeper within the intrusive body, suggesting the system may extend vertically and laterally across the property. Looking ahead, Silver Range plans to advance exploration at Sniper through a combination of additional prospecting, geochemical and geophysical surveys, and detailed geological mapping. These efforts are aimed at better defining the extent of mineralization and identifying priority drill targets as the company continues to unlock the potential of this expanding gold project. #proactiveinvestors #silverrangeresources #tsxv #sng #mining #mikepower #nevada #SniperProperty #NevadaMining #GoldExploration #HighGradeGold #GoldDiscovery #MineralExploration #Geology #Geophysics #Geochemistry #ResourceDevelopment #JuniorMining #ExplorationUpdate #MiningNews #PreciousMetals