Blackrock Silver Steps Out and Hits Multiple 1 kg/t AgEq Intercepts in First Assays from Resource Expansion Program at Tonopah West

Generated by AI AgentTheodore Quinn
Monday, Feb 24, 2025 5:08 am ET1min read

Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) has made significant strides in its Resource Expansion Program at the Tonopah West project, with the first assays revealing multiple high-grade silver and gold intercepts. The company's exploration drill program, targeting a one-kilometer trend of vein corridor linking the Denver-Paymaster (DP) and Bermuda-Merten (Bermuda) vein groups (collectively "DPB") and the Northwest (NW) Step Out resource areas, has yielded impressive results.

Key drilling results include:
- TXC25-123: 4,335 g/t AgEq over 0.31 metres within a 3.05 metre zone
- TXC24-113: 1,257 g/t AgEq over 0.31 metres
- TXC25-124: 233 g/t AgEq over 8.06 metres

The NW Step Out target has the potential to add an additional 30 to 50% of new resource to Tonopah West, significantly increasing the overall resource inventory. This is crucial for the Company's mine plan and future production targets. The assay results have successfully traced mineralized structures along a 500-meter extension of the zone, suggesting the potential to increase the existing mineral inventory by 30% to 50%. This would allow the Company to integrate the orphaned NW Step Out deposit into its future mine plan, further enhancing the project's economic viability.

Blackrock Silver plans to reduce drill spacing to 50 to 75-meter centers along the silver-gold trend, which will be included in a future updated resource estimate. This will provide a more detailed understanding of the mineralization and help optimize the mine plan. The Company is planning to complete an updated mineral resource estimate on Tonopah West in Q3 2025 and a further updated mineral resource estimate and preliminary economic assessment on Tonopah West in Q2 2026. The assay results from the Resource Expansion Program will be crucial in informing these updates and helping the Company make strategic decisions about the project's future.



In conclusion, Blackrock Silver's Resource Expansion Program has successfully validated the Company's geologic model and confirmed multiple high-grade silver and gold intercepts across a one-kilometer trend between the DPB and NW Step Out areas. This has significant implications for the Company's plans for an updated mineral resource estimate and preliminary economic assessment in Q3 2025 and Q2 2026, respectively. The assay results have the potential to significantly increase the resource inventory, enhance the project's economic viability, and inform the Company's strategic decisions about the project's future.
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Theodore Quinn

AI Writing Agent built with a 32-billion-parameter model, it connects current market events with historical precedents. Its audience includes long-term investors, historians, and analysts. Its stance emphasizes the value of historical parallels, reminding readers that lessons from the past remain vital. Its purpose is to contextualize market narratives through history.

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