Blackrock Silver Intersects Multiple AgEq Intervals Greater than 1 kg/t in Initial Samples from Tonopah West Resource Expansion Program EQS News: Blackrock Silver Corp.
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EQS News: Blackrock Silver encounters multiple AgEq intervals of over 1 kg/t in initial samples from its Tonopah West resource expansion program (German)
Blackrock Silver encounters multiple AgEq intervals exceeding 1 kg/t in initial sampling of its Tonopah West resource expansion program
EQS-News: Blackrock Silver Corp. / Key word(s): Miscellaneous Blackrock Silver hits first samples of its program to expand its Resources at Tonopah West on several AgEq intervals of over 1 kg/t 26.02.2025 / 21:51 CET/CEST The issuer / publisher is responsible for the content of this announcement. ------------------------------------------------------------------------------- Several high-grade veins were identified in a corridor in the southern part a 1 km gap between the DPB area and the expansion area NW discovered; further drilling to expand resources is planned Highlights of the Resource Expansion Program: * TXC25-123 returned grades of up to 23.47 g/t Au and 2,223 g/t Ag for 4,335 g/t AgEq over 0.31 metres within a 3.05 metre long zone with 225 g/t Ag and 2.41 g/t Au for 442 g/t AgEq; * TXC24-113 returned 7.14 g/t Au and 614 g/t Ag for 1,257 g/t AgEq over 0.31 metres and 1.68 metres at 364 g/t Ag and 0.03 g/t Au for 367 g/t AgEq; * TXC25-124 returned 8.06 metres grading 1.23 g/t Au and 122 g/t Ag for 233 g/t AgEq, including 0.76 metres at 779 g/t Ag and 7.85 g/t Au for 1,486 g/t AgEq; * Multiple high-grade vein intersections in drill holes TXC24-113, TXC25-123 and TXC25-124 with samples of several kilograms of AgEq; * The NW expansion area could potentially add another 30 to 50% of new Add resources to Tonopah West. This allows the collection and inclusion of the NW resource (1.0 million tonnes with inferred 6.4 million ounces of Ag and 63,000 ounces of Au or 12.1 million ounces of AgEq)[1] into a future update of the preliminary economic assessment of Tonopah West; and * Seven more core drillings are planned to determine the distances along a 450 meter long trend section to 50 meters. Vancouver, British Columbia--(Newsfile Corp. - Wednesday, February 26, 2025) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") announces the first results of its exploration drilling program (the "Resource Expansion Program") It aims at the expansion potential in a one kilometer long vein corridor trend. This connects the vein groups Denver-Paymaster ("DP") and Bermuda-Merten ("Bermuda") (together "DPB") and the Northwest ("NW") expansion areas on the 100% Company's Tonopah West project ("Tonopah West") in the counties Nye and Esmeralda, Nevada, United States. Results of initial samples from the resource expansion program in the Tonopah West vein system confirms the Company’s geological model. In the coming months, the project will be expanded to include Initially, the resource expansion program consisted of nine core holes with RC pre-drilling in the upper borehole section and two core holes drilled from the surface. In total, 6,548 meters of drilling was carried out. As the test results show, the silver and Gold system from the DPB resource area in a northwesterly direction over the 1 km long vein corridor. All drill holes intersect multiple mineralized quartz veins. A further drilling program is planned, with the drill spacing on a 450 meter long strike along the silver-gold trend at 50 to 75 meters. This trend will continue in a future Update of the resource estimate. The NW extension zone is also open to the northwest and downhill. A connection with the DPB resource looks promising. The mineralized quartz veins yielded significant gold and silver values with Gold (Au) up to 23,467 grams per tonne (g/t) Au and silver (Ag) with 2,223 g/t Ag. In addition, the thickness of the holes shows a significant potential with vein sections of more than 8 meters in TXC25-124. The NW expansion area could potentially add another 30 to 50% of new resources to Tonopah West, bringing the zone into line with DPB This enables the recording and inclusion of the existing NW resource (1.0 million tonnes with inferred 6.4 million ounces Ag and 63,000 ounces of Au or 12.1 million ounces of silver equivalent (AgEq))1 in a future update of the preliminary economic assessment of Tonopah West. Andrew Pollard, President and Chief Executive Officer of the Company, stated: "Initial research results from our program to expand of the resources confirm our geological model: Several sections showed over 1 kg/t AgEq throughout the system in a number of veins 500 meters of our 1 kilometer gap. These results strengthen our Confidence that we will add larger quantities at Tonopah West and The drilling has a high-grade Mineralization in the southern part of a 1 km wide gap in the This will connect the DPB resource area and the mine plan with the 12 million ounce AgEq expansion deposit NW, which is not yet part of our preliminary economic assessment 2024 Initial results have shown mineralized structures along a 500 Meter-long extension of this zone. This indicates the potential to increase our existing mineral inventory by 30 to 50% and to integrate the undeveloped extension deposit NW. Since our As the model becomes more solid, we are intensifying the expansion drilling with The aim is to fully integrate the 1 kilometer wide trend into our next preliminary economic assessment on Tonopah West. An updated mineral resource estimate is planned for Tonopah West, for the third quarter of 2025 and another updated Mineral resource estimate and preliminary economic assessment of Tonopah West in the second quarter of 2026." Table 1: Tonopah West sections with a cutoff of 150 g/t AgEq Drill Hole Identification Pr- from to Drilling Ag g/t Au g/t AgEq og- (m) (m) hole- g/t ra- -In- mm ter- valley (m) TXC24-113 Er- 478.08 478.39 0.31 614.0 7.140 1,256.7 we- it- er- un- g TXC24-113 Er- 503.13 504.66 1.52 116.8 0.904 198.2 we- it- er- un- g TXC24-113 Er- 538.43 540.11 1.68 364.0 0.033 367.0 we- it- er- un- g TXC24-114 Er- 394.08 395.63 1.55 93.9 1.553 233.7 we- it- er- un- g including 394.08 394.41 0.34 288.0 5.270 762.4 TXC25-123 Er- 436.87 437.54 0.67 182.0 1.690 334.1 we- it- er- un- g TXC25-123 Er- 471.83 474.88 3.05 225.4 2.412 442.5 we- it- er- un- g including 471.83 472.14 0.31 2,223.0 23,467 4,335.3 TXC25-124 Er- 370.03 378.62 8.60 121.6 1.233 232.6 we- it- er- un- g including 371.55 372.31 0.76 778.6 7.854 1.485.6 TXC25-124 Er- 407.40 410.26 2.87 176.8 1.785 337.5 we- it- er- un- g including 407.40 407.76 0.37 1,344.0 13,500 2,559.2 AgEq gpt=(Au gpt*90)+Ag gpt; actual power to this point in time unknown; NSV=No values above the cutoff grade; Cutoff salary is 150 gpt AgEq; RC/core = RC pre-drilling with core end; core refers to core of the surface. Drill holes TXC24-106, -109, -110 and -111, which were drilled in the northern part of the Trends were drilled too far east to access the mineralized structures. Hole TXC24-108 intersected several veins, However, it returned values below the cut-off grade (0.31 metres at 117 g/t Ag, 0.165 g/t Au for 132 g/t AgEq; 0.67 metres at 73 g/t Ag, 0.263 g/t Au for 96 g/t AgEq; and 0.64 metres of 50 g/t Ag, 0.24 g/t Au for 72 g/t AgEq from 578 m, 590 m and 631 m respectively). TXC24-112 was drilled in a northwesterly direction and deviated to the northwest, parallel to the main structure. A borehole, TXC24-107, which was drilled from surface, was completed before reaching the Target depth aborted. With drill holes TXC24-113, -114 and TXC25-123 and -124, which tested several high-grade veins, the exploration group has a better understanding of the geometry of the structures of the extension area NW. This will be reflected in a more precise targeting of our expanded programme for expansion of resources. Table 2: Tonopah West drill hole coordinates (based on GPS measurements on site, date UTM, NAD 1927, zone 11) Borehole Area Type UTM_NAD UTM_NAD- Height Depth Azi- Nei- identification 27 E 27 N (m) (m) courage TXC24-10- Extension- RC/Ker- 476887.1 4214846- 1746.6 770.5 270 -80 6 provisions .1 area NW TXC24-10- Extension- 476889.2 4214843- 1746.9 118.0 230 -65 7 bro- .0 area NW chen TXC24-10- Expansion Core 476891.5 4214844- 1747.3 713.4 230 -65 8 regulating .8 area NW TXC24-10- Extension- RC/Ker- 476911.1 4214747- 1748.0 657.5 270 -80 9 n .8 area NW TXC24-11- Extension- RC/Ker- 476925.9 4214639- 1744.1 657.5 270 -80 0 n .9 area NW TXC24-11- Extension- RC/Ker- 477058.8 4214642- 1747.6 708.7 230 -65 1 rungsgen- n .7 area NW TXC24-11- Extension- RC/Ker- 477316.7 4214181- 1751.9 737.0 290 -65 2 provisions n .8 area NW TXC24-11- Extension- RC/Ker- 477311.2 4214181- 1751,7 540,1 220 -75 3 n .0 area NW TXC24-11- Extension- RC/Ker- 477403.8 4214041- 1757.9 618.1 220 -75 4 provisions .9 area NW TXC25-12- Extension- RC/Ker- 477508.7 4214018- 1767.1 502.3 180 -65 3 n .0 area NW TXC25-12- Extension- RC/Ker- 477647.0 4213941- 1763.5 525.5 180 -60 4 provisions .2 area NW Figure 1 is an overview map of all drill holes in the Expansion of resources. The resources mentioned in this press release Drill holes are highlighted. Cannot view this image? Visit: nwj867fder8https://images.newsfilecorp.com/files/676/242537_8ab8c69a34b16947_001.jpg Figure 1: Map of the drill holes of the expansion program resources with the drill holes mentioned in this news release. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/676/242537_8ab8c69a34b16947_001full.jpg quality assurance and quality control All sampling is carried out under the supervision of the project geologists of the A strict chain of custody from the project to to the sample preparation plant is implemented and monitored. The RC and Core samples are transported from the project site to a secure, fenced facility in Tonopah, Nevada, where they were loaded onto a low loader from American Assay Laboratory (AAL) and shipped to AAL’s facility in Sparks, Nevada, The sample accompanying document is handed over to the AAL staff, which organizes the sampling intervals according to the company's instructions and edited. The RC samples are laid out in the laboratory and recorded in the AAL system. In AAL's Sparks, Nevada facility, AAL personnel use core saws to cut the core samples according to the instructions provided with each core hole. company. All samples are dried and crushed so that 85% of the Material must have a grain size of less than Mesh 10 (2 mm). A subsample of 250 grams is collected and ground in a ring and puck grinder to 200 mesh (74 microns). The pulverized Material was opened up and analyzed for gold using a Fire test and an ICP (Induced Coupled Plasma) completion at a Sample division of 30 grams (FA-PB30-ICP). Silver is measured using Five-acid digestion and ICP analysis (ICP-5AM48). The limit values for gold and silver are determined using a gravimetric method (GRAVAU30 and GRAVAG30). A data check of the sample and the analytical results is carried out to ensure accurate and verifiable To ensure results, Blackrock staff use approximately every 15th to 20th sample a Blind Prep Blank, a Lab Blank or a certified reference material. Qualified Person: Blackrock’s exploration activities in the Tonopah West area are supported by William Howald, Executive Chairman of Blackrock, and supervised by Mr. William Howald, AIPG Certified Professional Geologist #11041, is a Qualified Person under NI 43-101. He has reviewed the contents this press release has been reviewed and approved. About Blackrock Silver Corp. Blackrock is a young precious metals exploration and Development company with gold and silver deposits in the ground and a Focus on increasing shareholder value. Supported by the broad Experience of its board, the company focuses on its 100 % controlled Nevada portfolio of properties consisting of epithermal gold and silver mineralization with low sulphidation along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trends in western Nevada. For more information about Blackrock, please visit the Company at www.blackrocksilver.com and its SEDAR profile at www.sedarplus.ca. Cautionary Note Regarding Forward-Looking Statements and Information This press release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and U.S. securities laws, including the United States Private Securities Litigation Reform Act from 1995. All statements that do not represent historical facts are forward-looking information. Forward-looking statements in this Press release refers, among other things, to: the strategic plans of the Company; the intention to continue the resource expansion program the timing of completion of the drilling program of the company at Tonopah West and the expected goals and results the interpretation of the sampling results of the programme for Expansion of resources; the potential to add another 30 to 50% of resources to the Tonopah West area, connecting the zone to DPB and the recording and inclusion of the existing NW resource is possible the timetable for completion of the updated Mineral resource estimates and the updated preliminary economic assessments for Tonopah West; the measures of the Company's risk mitigation efforts at Tonopah West; the estimates of the mineral resource quantities and their quality; the estimates of Mineralization from the drilling; the geological information obtained from predicted from the sampling results; and the potential quantities and grades of the target zones. These forward-looking statements reflect the current views of Company with respect to future events and are based necessarily based on a number of assumptions which, although accepted by the company as considered reasonable, but naturally involve significant operational, business, economic and regulatory uncertainties and are subject to uncertainties. These assumptions include, among others: the conditions on the general economic and financial markets; the Accuracy of sampling results; the geological interpretations of the Drilling results, the timing and level of capital expenditure; the Performance of available laboratories and other related services; future operating costs; the historical basis for the current estimates of the potential quantities and grades of target zones; the availability of qualified workers and the Absence of work-related interruptions in the companies of the Company; no unplanned delays or interruptions of planned activities; the timely receipt of all necessary Permits, licenses and official approvals for the operation; the Ability to secure the ownership rights to the properties and the assets required for the operation to secure and maintain the necessary surface rights; and The company's ability to manage environmental, health and The above list of assumptions is not complete. The company advises readers that forward-looking Statements known and unknown risks, uncertainties and other factors that could cause actual results and developments may differ significantly from what is contained in the forward-looking Statements expressed or implied in this press release and that the Company has made assumptions and estimates, based on or related to many of these factors. These factors include, but are not limited to: the timing and content of work programs; the results of exploration activities and the development of mineral properties; the interpretation and uncertainty of drilling results and other geological data; the receipt, Maintenance and security of permits and mineral property titles; environmental and other regulatory risks; Project cost overruns or unforeseen costs and expenditure; the availability of financial resources; if potential quantities and grades of the target zones cannot be delineated from historical data; the general market and industry conditions as well as those factors that the heading "Risk Factors" in the Company's most recent annual report are listed. Forward-looking statements are based on the expectations and opinions of management of the Company at the time these statements The steps taken in preparing such statements Assumptions are considered reasonable at the time they are made, may prove to be inaccurate. Therefore, readers should not undue reliance on forward-looking statements, which only reflect the status on the day of the statement. The company assumes no obligation to comply with the information contained in this press release to update or revise forward-looking statements if these beliefs, assessments and opinions or other circumstances should change unless otherwise required by applicable law. Neither the TSX Venture Exchange nor its Regulatory Services Provider (as defined in the policies of the TSX Venture Exchange) assume responsibility for the adequacy or accuracy of this Notice. For further information please contact: Andrew Pollard President and Chief Executive Officer (604) 817-6044 [email protected] ------------------------------------------------------------------------------- [1] The technical information for Tonopah West is based on the Blackrock prepared technical reportNational Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) entitled "Preliminary Economic Assessment of Mineral Resources, Tonopah West Silver-Gold Project, Nye and Esmeralda Counties, Nevada, USA", dated September 4, 2024 and October 11, 2024, available on the SEDAR+ profile of Company at www.sedarplus.ca. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242537 Click on, or paste the following link into your web browser to view the associated documents http://www.newsfilecorp.com/release/242537 News Source: Blackrock Silver Corp. ------------------------------------------------------------------------------- 26.02.2025 CET/CEST Publication of a corporate news/financial news item, transmitted by EQS News - a service of the EQS Group. The issuer / publisher is responsible for the content of this announcement. The EQS Distribution Services include statutory reporting obligations, corporate News/financial news and press releases. Media archive at https://eqs-news.com ------------------------------------------------------------------------------- Language: German Company: Blackrock Silver Corp. Canada ISIN: CA09261Q1072 EQS News ID: 2092273 End of message EQS News Service ------------------------------------------------------------------------------- 2092273 26.02.2025 CET/CEST
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