Silver Range Resources Ltd. (TSX VENTURE:SNG) (TSX VENTURE:SNG.WT) (the
"Company") reports that as a result of a review by the British Columbia
Securities Commission, we are issuing the following news release to clarify our
disclosure.


On May 31, 2013, the Company filed an amended technical report entitled
"Geology, Mineralization, Geochemical Surveys, Diamond Drilling, Metallurgical
Testing and Mineral Resources at the Keg Property" dated December 19, 2012 and
amended May 27, 2013. The original report contained a number of items that were
not in compliance with the requirements of National Instrument 43-101. Through
the amended report, the Company has addressed the following: (i) S. Drechsler,
P. Geo. and M.R. Dumala, P.Eng., who authored sections of the report other than
the resource estimate and metallurgical results, have been removed as co-authors
of the amended report as they are not "independent qualified persons" for the
purposes of NI 43-101; (ii) the treatment of historical scientific and technical
information now complies with NI 43-101 requirements; (iii) consents and
certificates of qualifications for the authors of the amended report have been
filed; and (iv) Table 15-5 of the amended report now includes a separate
categorization of mineral resources and mineral reserves for all other deposits
to which the Keg deposit is compared.


In addition to filing the amended report, the Company has made revisions to the
disclosure on its website, fact sheet and slide 12 of the corporate presentation
to provide all information required by NI 43-101. Changes include: (i) a
reference to the title and date of the amended technical report as related to
the Keg Deposit mineral resource estimate; (ii) metal content and average grades
are now disclosed for lead, zinc and copper; and (iii) Matthew Dumala, P.Eng., a
geological consultant to the Company, is now clearly identified as the qualified
person for the technical disclosure. The updated materials can be viewed on the
Company's website at www.silverrangeresources.com.


The Keg Deposit: 

The Keg resource estimation was completed by Gary Giroux, P.Eng., MASc. (Giroux
Consultants Ltd.) who is a qualified person and independent of the issuer, based
on the criteria defined by National Instrument 43-101. For further details see
the technical report entitled "Geology, Mineralization, Geochemical Surveys,
Diamond Drilling, Metallurgical Testing and Mineral Resources at the Keg
Property" dated December 19, 2012 and amended on May 27, 2013 as filed on SEDAR.




----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                Inferred Resource Grades                    
                       -----------------------------------------            
Cut-off                  Silver  Lead Zinc Copper    Tin  Indium      Silver
(Silver g/t)     Tonnes   (g/t)   (%)  (%)    (%)  (ppm)   (ppm)      Ounces
----------------------------------------------------------------------------
----------------------------------------------------------------------------
10           63,970,000   23.63  0.21 0.64   0.12  224.5    5.07  48,599,419
12           54,640,000   25.80  0.22 0.68   0.13  238.5    5.29  45,323,287
----------------------------------------------------------------------------
14           46,730,000   27.97  0.24 0.72   0.14  252.0    5.50  42,022,245
----------------------------------------------------------------------------
16           39,760,000   30.25  0.26 0.77   0.15  265.7    5.77  38,668,984
----------------------------------------------------------------------------
18           33,900,000   32.55  0.27 0.81   0.16  278.8    6.02  35,476,576
----------------------------------------------------------------------------
20           29,210,000   34.74  0.29 0.85   0.16  292.5    6.24  32,625,139
----------------------------------------------------------------------------
22           25,390,000   36.79  0.31 0.89   0.17  303.4    6.44  30,031,947
----------------------------------------------------------------------------
24           21,990,000   38.94  0.32 0.92   0.18  315.7    6.63  27,530,378
----------------------------------------------------------------------------
26           18,970,000   41.16  0.34 0.96   0.19  328.8    6.85  25,103,467
----------------------------------------------------------------------------
28           16,470,000   43.31  0.36 0.99   0.19  341.8    7.10  22,933,629
----------------------------------------------------------------------------
30           14,340,000   45.44  0.37 1.02   0.20  355.3    7.24  20,949,732
----------------------------------------------------------------------------
32           12,520,000   47.54  0.39 1.05   0.20  366.9    7.33  19,136,147
----------------------------------------------------------------------------
34           10,940,000   49.65  0.41 1.07   0.21  379.9    7.41  17,463,351
----------------------------------------------------------------------------
36            9,570,000   51.75  0.44 1.09   0.21  390.1    7.41  15,922,575
----------------------------------------------------------------------------
38            8,430,000   53.75  0.46 1.11   0.21  399.8    7.48  14,567,903
----------------------------------------------------------------------------
40            7,480,000   55.63  0.48 1.12   0.21  409.4    7.47  13,378,323
----------------------------------------------------------------------------
----------------------------------------------------------------------------



About Silver Range Resources Ltd.

Silver Range was created through a spin-out of assets from Strategic Metals Ltd.
and is focused on its wholly-owned Silver Range project, where multiple
bulk-tonnage and high-grade mineralized zones have been located in an area of
exceptional infrastructure near the town of Faro, Yukon Territory.


ON BEHALF OF THE BOARD

W. Douglas Eaton, President and Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT: 
Silver Range Resources Ltd. - Corporate Information
W. Douglas Eaton
President and C.E.O.
(604) 688-2568


Silver Range Resources Ltd. - Corporate Information
Bruce A. Youngman
Chairman
(604) 687-2522


Silver Range Resources Ltd. - Investor Inquiries
Richard Drechsler
Corporate Communications
(604) 687-2522 or NA Toll-Free: (888) 688-2522
rdrechsler@silverrangeresources.com
http://www.silverrangeresources.com
Silver Range Resources (TSXV:SNG)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Silver Range Resources Charts.
Silver Range Resources (TSXV:SNG)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Silver Range Resources Charts.