Silver Range Resources Ltd.

TSX.V:SNG $

Skylight

Summary

The Skylight Property is located in Nye County, 59 km northwest of Tonopah. The property is underlain by mid-Tertiary silicic ash flow tuffs and ignimbrites and by Triassic Luning Formation metasediments and metavolcanics. The property is centred on several large silica caps and associated epithermal vein systems. The most recent exploration in the area was conducted by Rimfire Minerals Corporation who identified the target in a joint venture with Newmont and completed several drill holes in the area (Rimfire News Release dated November 6, 2007). Rimfire reported surface grab sample assays up to 2.04 g/t Au and "anomalous Au-Ag values", in four of seven drill holes completed, including 1.766 g/t Au over 3.05 m in drill hole RC07-06. Silver Range cannot independently verify the information reported by Rimfire.

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