Mr. Michael Power reports

SILVER RANGE ADVANCES THE DRUM PROJECT IN UTAH

Silver Range Resources Ltd. has provided an update on the Drum project in central Utah.

In March, Silver Range expanded the Drum project from seven to 37 federal lode claims by staking. The new claims cover the Rattler breccia and other showings to the south of the core occurrences. In addition, Silver Range purchased historical geological, geochemical, geophysical and drill data covering previous work on the property by Gold Fields Exploration, Newmont Mining, Renaissance Gold Corp. and Troymet Exploration Corp. These data are being compiled and analyzed by Silver Range to prepare for further project exploration later in the year.

The Drum property is located in Juab county, Utah. 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 is similar to those found in Carlin deposits to the west in Nevada. Sampling by Silver Range during initial staking returned gold values from jasperoid occurrences ranging from trace to 1.02 grams per tonne Au (gold) and silver values ranging from trace to 15.2 g/t Ag from 23 chip samples (Silver Range news release dated Nov. 21, 2025).

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.

About Silver Range Resources Ltd.

Silver Range is a precious metals prospect generator working in the southwest United States. It has assembled a portfolio of 36 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.

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