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Standout Results from Canadian Silver Co. in Nevada - 3,322 g/t Silver Eq. Over 1.5 M

Stockhouse Editorial
0 Comments| May 10, 2021

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(Tonopah West project map via Blackrock Silver Corp. Click to enlarge.)

Much like gold, silver has been trending higher over the past year, sitting firmly above $27 / oz (USD) and what better way to access the market, than with an emerging high-grade silver and gold play, in the number 1 rated mining jurisdiction in the world?

Click to enlarge
In early May 2021, Blackrock Silver Corp. (TSX-V: BRC, OTC: BKRRF, Forum) released more high-grade gold and silver drill intercepts from its core and RC drilling program on the 100% controlled Tonopah West project. The Company has drilled 3,322 grams per tonne (g/t) silver equivalent over 1.5 metres within 4.5 metres of 1,399 g/t silver eq., among other notable results. Not only are they hitting bonanza grades, but drilling is showing size and scale potential for this to grow into one of the top 10 silver primary projects on the planet. The Tonopah silver district is the second largest historic silver district in the “Silver State” of Nevada, and historically produced 174m ounces of silver and 1.86m ounces of gold. Blackrock is the first group to explore the many historic mines on their property since production shut down in the 1930’s due to low metals prices, and early indications from drilling are showing that the last chapter for this storied district has yet to be written.


Making news:

Blackrock Gold’s President and Chief Executive Officer, Andrew Pollard explained in a media release for investors breaking down this news that in under one year, the team has completed 53,000 metres of drilling and have successfully identified ten high-grade veins ranging in size from 400 metres up to 1.5 kilometres in strike, almost all of which remain open for expansion.

“This silver-gold project continues to deliver world class results as drilling advances, expanding the footprint of known mineralization, both along strike and at depth. Not only is our geologic model predictive at this point, our understanding of the controls of the high-grade distribution are becoming readily apparent.”

The DPB target, just one of many on their property, is developing into a world-class vein system with the Merton vein leading the pack in size and grade over significant thickness. Drilling to date shows the Merton vein has a strike length of 1.5 kilometres and high-grade ore shoots measuring up to four football fields in height top to bottom.


“Merton represents just one of the six different veins that make up our DPB target, all of which shall form the basis for our maiden resource estimate we plan to deliver by the end of the year. Drilling continues to expand our Victor target, with 500 metres of mineralized strike now established to the eastern extent of our property, and the first drillholes testing the western extension of the system on the footwall side of the Pittsburgh-Monarch fault have returned impressive grades that highlight the potential for an additional 600 metres of strike within a new vein. With more assays pending, four rigs in operation, and 17,000 metres of drilling remaining for our 2021 program, investors have a lot to look forward to in the near term.”


(Map via Blackrock Silver Corp.)

Highlights:

Located in the Walker Lane trend of Western Nevada, Tonopah West recent drilling intersected 16 g/t Au and 1,722 g/t Ag within 4.5 metres at Hole TW21-068, grading 6.56 g/t Au and 743 g/t Ag on the strike extension of the Merton vein, which now has 1.5 km of mineralized strike with high-grade shoots showing up to 400 m of vertical elevation.

At the Victor Target, TW21-077 cut two zones grading 3.075 g/t Au and 310 g/t Ag over 3 metres, and 2.139 g/t Au and 230 g/t Ag over 7.6 m including 1.5 metres grading 4.89 g/t Au and 512 g/t Ag.

The Victor / Murray veins system has 500 metres of strike from the Eastern project boundary to the Pittsburgh-Monarch fault system.

Additionally, the first hole of the core in-fill drilling program on the Denver vein returned 3.1 metres yielding 1.3 g/t Au and 136 g/t Ag. The result demonstrates 600 metres of mineralized strike with a vertical extent spanning several hundred metres.

The Merton vein at the DPB target shows two high-grade silver-gold zones. The upper zone shows values ranging from 554 g/t AgEq to 3,039 g/t AgEq along a constant elevation. Drilling to the West at the Victor target has identified a new vein between the Pittsburgh-Monarch and McKane faults. The vein has potential for 600 metres of strike.


Looking ahead:

Investors take note, these results support the high-grade nature of the Company’s DPB and Victor targets; validate the Company's understanding of the structural orientation of the vein structures at DPB; and highlight the considerable silver and gold potential within these two growing target areas.


With more assays pending, four rigs in operation, and 17,000 metres of drilling remaining for our 2021 program, investors have a lot to look forward to in the near term as the company works towards delivering their maiden resource estimate in Q4.

To find out more, visit blackrocksilver.com.


FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.



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