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Silver Range Partner Uncovers Promising Precious Metals Zone at Bellehelen

Silver Range Resources Ltd. announced significant findings from a spring drill program executed by partner Excalibur Metals Corp. at the Bellehelen Property in Nevada. Excalibur holds an option to acquire full ownership under a 2022 agreement with Silver Range. The drill program at the Spyglass Ridge Target revealed a notable mineralized zone, with results from the first six holes, including hole BH26001, highlighting promising silver and gold content. BH26001 showed an intercept of 360 grams per tonne silver and 2.03 grams per tonne gold, suggesting open mineralization at depth.

Further evaluation is planned to explore continuity and potential for higher grades. Excalibur’s plans involve more drilling to assess the extensive mineralization system, comparing its scope to Nevada's well-known deposits. The news underscores Bellehelen's promising potential, building on historical samples indicating the region's rich composition. Excalibur remains optimistic about the project's future scope and continues to analyze current and upcoming data to validate Bellehelen's commercial viability.

R. H.

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