Silver Range Resources ( (TSE:SNG) ) just unveiled an update.
Silver Range Resources Ltd. has entered into an agreement with Walker Lane Resources Ltd. to option three properties in the Walker Lane region of Nevada. This strategic move allows Walker Lane Resources to potentially acquire full ownership of the Tule Canyon and Cambridge properties, contingent on meeting certain financial and exploration milestones. The agreement includes provisions for milestone payments and net smelter return royalties, which could impact Silver Range’s revenue streams and strengthen its position in the mining sector.
More about Silver Range Resources
Silver Range Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral properties. The company primarily deals with gold and silver resources, with a market focus on mineral-rich regions such as the Walker Lane in western Nevada.
Average Trading Volume: 23,377
Technical Sentiment Signal: Sell
Current Market Cap: C$8.83M
For detailed information about SNG stock, go to TipRanks’ Stock Analysis page.