Silver Range options Alamo, Sand Springs properties to Resilience Minerals in 80% joint venture deal
Bitget2026/10/08 09:00Silver Range optioned the Alamo and Sand Springs mining properties to Resilience Minerals, targeting joint ventures once options are exercised. Resilience can earn 80% of Alamo by paying US$300,000 cash, issuing US$300,000 in shares by Dec. 31, 2026. Alamo terms include defined resource payments tied to Measured and Indicated Resources, plus a retained 1% net smelter return royalty. Sand Springs option requires US$250,000 cash, US$250,000 in shares on IPO completion, with similar resource payments. Sand Springs terms include a retained 2% net smelter return royalty, with part held in trust for the property’s original owner. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silver Range Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610080500ACCESSWRNAPR_____1234214) on October 08, 2026, and is solely responsible for the information contained therein.
- Silver Range optioned the Alamo and Sand Springs mining properties to Resilience Minerals, targeting joint ventures once options are exercised.
- Resilience can earn 80% of Alamo by paying US$300,000 cash, issuing US$300,000 in shares by Dec. 31, 2026.
- Alamo terms include defined resource payments tied to Measured and Indicated Resources, plus a retained 1% net smelter return royalty.
- Sand Springs option requires US$250,000 cash, US$250,000 in shares on IPO completion, with similar resource payments.
- Sand Springs terms include a retained 2% net smelter return royalty, with part held in trust for the property’s original owner.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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