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Blackrock Silver Corp V.BRC

Alternate Symbol(s):  BKRRF

Blackrock Silver Corp. is a Canada-based junior precious metal focused exploration and development company. The Company is engaged in the acquisition and exploration of gold and silver projects in Nevada, United States (US). The Company has interests in the Silver Cloud property situated in Elko County, Nevada (the Silver Cloud Project), and the Tonopah West property located in Esmeralda and Nye Counties, Nevada (the Tonopah West Project). With the Silver Cloud Project and the Tonopah West Project, the Company has strategic interests in two prolific low-sulphidation epithermal districts in Nevada. With a presence on both the Walker Lane and the Northern Nevada Rift, these two strategic projects provide the Company with a significant position on two established gold and silver belts in Nevada. Its Silver Cloud Project has multiple targets covering a 45-square kilometer area. The Company's subsidiary is Blackrock Gold Corp.


TSXV:BRC - Post by User

Post by ValueProon Dec 07, 2022 8:30am
673 Views
Post# 35155718

Discovery at Silver Cloud project !!!

Discovery at Silver Cloud project !!!Please note that this is a separate venture from the bonanza grade silver project at Tonopah, NV. Also note that the company promised earlier that if they had success at Silver Cloud, the project would at some point be spun off as a new entity with "free" shares to then shareholders.

https://finance.yahoo.com/news/blackrock-discovers-bonanza-grades-vein-113000035.html

EXTRACT FROM THE PRESS RELEASE:

Andrew Pollard, Blackrock President and CEO, commented, “Silver Cloud was the project Blackrock was built around in its current form beginning three years ago, and though our Tonopah West property has now become a globally significant silver discovery, it’s Silver Cloud that has returned our highest-grade gold intercept as a Company to date, in the process, establishing a new bona fide high-grade discovery on one of the most prolific gold belts in Nevada.   Our understanding of the rich ore deposits along the Northern Nevada Rift were key to making the Zeus discovery.  The Midas mine, located 20 kilometres to the north, which started with a similar intercept, ultimately lead to the discovery of the Colorado Grande and Gold Crown veins which were 0.3 to 6 metres wide, yet managed to form the basis for one of Nevada’s most iconic historic gold mines.  Making a blind discovery of this magnitude on such a limited round of drilling is a testament to the calibre of our geologic team. The discovery of Zeus may have just parted the Silver Clouds once and for all, with indications that the system has plenty of room to grow from here.”

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