Silver Range Samples Up to 65 g/t Gold at Tonto Del Pueblo

Original announcement by tmx on

Company
Silver Range Resources Ltd.
Ticker
SNG
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver, Copper, Antimony, Mercury, Sulfur
Document categories
Drill results, Other
Extracted
2026-09-16 23:13:24 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Range Resources reported high-grade surface grab and chip samples of up to 65.5 g/t gold at the Tonto del Pueblo property in Nevada. While 18 of 54 samples returned grades above 5 g/t Au, the company noted that drill core assays are still pending.

Reasoning: The release reports high-grade surface sampling results at a new property, providing early exploration signals but lacking drill-hole validation.

Positive factors

  • High-grade grab/chip samples (65.5 g/t Au)
  • Significant proportion of samples > 5 g/t Au
  • QA/QC and QP sign-off disclosed
  • Nearology play (proximity to Bruner Gold Project)

Negative factors

  • Results are from surface grab/chip samples, not drill intercepts
  • Drill assays are still pending

Facts used in scoring: 2

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 65.5 g/t Au grab sample is exceptionally high grade for an epithermal style.

Evidence · text

“assays up to 65.5 g/t Au from grab and chip samples”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release specifies ALS laboratory, specific assay codes, and QP sign-off.

Evidence · text

“Samples were shipped under chain of custody to ALS Minerals facilities in Reno, Nevada”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Property is located 13 km from Endeavour Silver's Bruner Gold Project.

Evidence · text

“The property is 13 km southwest of Endeavour Silver's Bruner Gold Project”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

Fact 1Tonto del Pueblo · goldGrade: 65.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tonto del Pueblo
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SNG

Geometry

Grade
65.5
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Tonto del Pueblo
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-07-13T00:00:00.000Z

Reasoning: Exceptional grade for surface sampling.

Positive factors

  • Very high grade surface sample

Evidence · text

“assays up to 65.5 g/t Au from grab and chip samples”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2goldView all details
Link to this fact

Identity

Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SNG

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-07-13T00:00:00.000Z

Reasoning: Provides context on the distribution of mineralization in the sampling program.

Positive factors

  • Significant portion of samples are high grade

Evidence · text

“18 of 54 rock samples collected at Tonto del Pueblo have returned assays greater than 5 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.