Silver Range Resources Announces the Granting of Incentive Stock Options

Silver Range Resources Ltd. (TSX VENTURE:SNG) ("Silver Range") announces that it
has granted incentive stock options under its Incentive Stock Option Plan to its
directors, officers, consultants and employees, entitling them to purchase up to
a total of 1,185,000 shares at a price of $0.15 per share for a period of five
years. All of these options are subject to vesting provisions under which 25% of
the options will vest at the conclusion of each three months during the first
year of the exercise period.


About Silver Range Resources Ltd.

Silver Range is a junior mineral exploration company listed on the TSX Venture
Exchange. The Company is exploring for zinc, lead and silver at wholly-owned
projects in Yukon Territory. Its main focus is the Silver Range project, where
multiple bulk-tonnage and high-grade prospects are located within an area of
exceptional infrastructure near the town of Faro and former mines in the Anvil
district.


SILVER RANGE RESOURCES LTD.

W. Douglas Eaton, President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Silver Range Resources Ltd. - Corporate Information
W. Douglas Eaton
President and C.E.O.
(604) 688-2568


Silver Range Resources Ltd. - Investor Inquiries
Richard Drechsler
V.P. Communications
(604) 687-2522 or NA Toll-Free: (888) 688-2522
rdrechsler@silverrangeresources.com
www.silverrangeresources.com

Silver Range Resources (TSXV:SNG)
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