Mr. Michael Power reports

SILVER RANGE STAKES TWO NEW PROJECTS IN NEVADA AND UTAH

Silver Range Resources Ltd. has staked two new projects in each of Nevada and Utah.

Quinn property

The Quinn property is located in sections 25 and 26, Township 42N, Range 31E, in Humboldt county, Nevada. The exposed mineralization is hosted in the Happy Creek volcanics, a Triassic-Jurassic sequence of andesite flows and minor volcaniclastics. On the property, these have been metamorphosed to lower greenschist facies and are cut by west-northwest-trending shears. The principal working on the property is small mine cut exploiting several small adits following parasitic northeast-trending structures, possibly rooted in a larger west-trending shear. The property was staked and sampled by Silver Range in August, 2025, with five grab samples returning from 0.040 to 27.5 grams per tonne gold and up to 15.7 grams per tonne silver. Two of five samples collected returned assays greater than five grams per tonne gold. Historic samples in Silver Range's proprietary database include a grab sample assaying 46.6 grams per tonne gold.

Drum property

The Drum property is located in Juab county, Utah, and consists of claims in sections 17, 18 and 20, Township 14S, Range 11W. Gold mineralization on the property is hosted in widespread jasperoid replacements and breccias developed in Cambrian Orr formation limestone. The setting and style of mineralization and the geochemical signature of mineralization are similar to those found in Carlin deposits to the west in Nevada. Sampling by Silver Range during staking returned gold values from jasperoid occurrences ranging from trace to 1.02 grams per tonne gold and silver values ranging from trace to 15.2 grams per tonne silver from 23 chip samples. The property was most recently explored by Troymet Exploration Corp. from 2015 to 2018. Silver Range staked the property in September, 2025.

Silver Range intends to conduct geological mapping and prospecting, together with geochemical and geophysical surveys, to delineate mineralization on both properties.

Technical information in this news release has been approved by Mike Power, MSc, CPG, president and chief executive officer of Silver Range and a qualified person for the purposes of National Instrument 43-101. Historical information cited in this news release cannot be independently verified by Silver Range. Samples on both properties collected and reported by Silver Range herein were shipped under chain of custody to ALS Minerals facilities in Reno, Nev., for sample preparation and analysis. At the laboratory, samples were crushed progressively to less than two millimetres (ALS Code CR-32) and a one-kilogram aliquot was pulverized to 85 per cent passing a 75-millimetre mesh (Code PUL-32). A 50-gram subsample was then fire assayed with an atomic absorption finish (Code Au-AA26).

About Silver Range Resources Ltd.

Silver Range is a precious metals prospect generator working in the southwestern United States. It has assembled a portfolio of 35 properties, 12 of which are currently optioned to others and also retains nine royalty interests on previously vended projects. Silver Range is actively seeking other joint venture partners to explore the precious metals targets in its portfolio.

We seek Safe Harbor.