June 6, 2016, Vancouver, BC: Silver Grail Resources Ltd. (“Silver Grail) (“SVG”-TSX-V) (“KD7”-Frankfurt) (“SVGAF”—OTCBB) is pleased to announce that gold anomalous stream geochem anomalies have been discovered on its Silver Crown 6 property, located within the Golden Triangle region of northwestern British Columbia.
The Silver Crown 6 claim is jointly owned with Teuton Resources Corp. and is presently under option to Decade Resources (TSXV: DEC—“Decade”). It adjoins north of Decade’s Red Cliff property.
Recent heavy sediment stream sampling carried out by Decade personnel investigated the area draining the postulated northern extension of gold structures on the Red Cliff into the Silver Crown 6 property. Five sample sites gave results ranging between 44.71 and 263.82 g/t gold. The high value can be considered extremely anomalous (see accompanying map for location: http://teuton.com/wp-content/uploads/2016/06/silvercrownanomalymap.pdf ).
D. Cremonese, P.Eng., President and CEO of Silver Grail said: “These are very encouraging results which strongly suggest that a gold source lies west uphill from the streams on the Silver Crown 6 claim. This source is either an extension of the Montrose zone (located on the Red Cliff) or it could be a new, independent zone. In any event, we are quite hopeful that follow-up work will identify the area from which the gold is coming”.
About Silver Grail
Silver Grail owns interests in twelve properties in the prolific “Golden Triangle” area of northwestern British Columbia, many of them centred around the promising Red Mountain gold property which is presently being primed for production in 2018. Shareholders and other interested parties can access information about Silver Grail the Company’s website, www.silvergrail.com.
The Qualified Person for this news release is D. Cremonese, P.Eng., who, as President and CEO, is not independent of the Company.
Respectfully:
“Dino Cremonese, P.Eng.”
President, Silver Grail Resources Ltd.