Silver Range Resources identifies 1,200-metre gold drill target in Nevada Proactive Tue, November 10, 2026 at 9:14 AM EST 2 min read SNG.V -5.00% GC=F -1.34% SLRRF 0.00% 8SR.F -4.42% Silver Range Resources identifies 1,200-metre gold drill target in Nevada Proactive uses images sourced from Shutterstock Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF, FRA:8SR) has identified a 1,200-metre-long exploration target at its East Goldfield property in Nevada following a new geophysical survey that outlined a large zone potentially associated with gold mineralization.
The three-dimensional induced polarization (IP) and resistivity survey covered the western portion of the property in Nye County, identifying an extensive zone of elevated chargeability associated with surface lithocap and ledge-style high sulphidation epithermal mineralization.
Silver Range interprets the anomaly as outlining a high sulphidation mineral system that could host gold deposits.
The zone encompasses the historic Tom Keane Mine and a drill target identified through previous drilling near the mine.
Within the broader anomaly, the survey identified a stronger core with inverted chargeability readings above 6.5 millivolts per volt. The core extends up to 700 metres in width, with an average depth of about 150 metres, and remains open at depth.
Steeply dipping zones of elevated chargeability and resistivity within the core could represent feeder structures associated with high sulphidation mineralization. These structures can host higher-grade gold deposits.
The newly identified core target lies northwest of the Tom Keane Mine and its existing drill target, within faulted and intensely alunite-altered pyroclastic rocks of the Milltown Andesite formation.
The same geological formation hosts high-grade high sulphidation gold mineralization in the Goldfield Main district, about eight kilometres west of the property along a shared structural corridor.
Silver Range said it plans to design and permit a drill program to test the newly defined target.
The survey covered 28 line-kilometres along survey lines spaced 300 metres apart, with an additional three line-kilometres of detailed coverage across the core zone.
The results provide Silver Range with a clearer picture of where gold-bearing structures may lie underground, although drilling will be needed to determine whether the target contains gold and at what grades.
