Blackrock Silver Corp. advances the high-grade Tonopah West Project in Nevada as an American-focused primary silver developer. Company news centers on Tonopah West mineral-resource work, NI 43-101 preliminary economic assessment updates, expansion drilling, permitting activity and technical programs tied to potential silver and gold development in the historic Tonopah mining district.
Blackrock Silver updates also cover governance and capital-compensation matters, including board appointments and deferred share units under its omnibus equity incentive plan. Sector commentary may place BKRRF among silver and polymetallic exploration companies affected by silver supply, critical-minerals demand and Nevada project-development themes.
Blackrock Silver (BKRRF) has engaged NewFields through its Nevada subsidiary to prepare permit designs for the Tonopah West project.
The work supports an exploration decline, test mining and extraction of a 50,000-tonne bulk sample. NewFields will prepare construction-level designs covering water pollution control, reclamation, highway access and surface facilities, working with Trinity Consultants. Blackrock anticipates completing designs by year end and submitting applications in January 2027. The company expects the review process to take approximately 240 to 270 days after submission to receive approvals, and looks forward to breaking ground in 2027.
Blackrock Silver (BKRRF) will begin trading its common shares on the Toronto Stock Exchange under BRC on October 15, 2026. Its TSX Venture Exchange listing will end that day; the OTCQX and Frankfurt listings will continue, and shareholders need not take action.
Blackrock sold 4,804,900 shares through its at-the-market equity program at an average $1.17 per share, raising $5,611,488 gross and $5,413,800 net after commissions and issuance costs. The company does not intend further sales under the program before the TSX listing. Blackrock owns 100% of Tonopah West and says permitting is nearly complete, with initial underground development targeted for 2027.
Blackrock Silver (BKRRF) agreed to acquire the Tonopah East mineral claims from Nevada Select Royalty through its subsidiary Blackrock Gold.
The purchase covers 146 unpatented mineral claims and related data in Nevada’s Tonopah Mining District. Tonopah East would add 12.1 square kilometres to Blackrock’s existing 26.6 square kilometres, bringing its holdings along the Fraction caldera margin to just shy of 39 square kilometres—an increase of roughly 45%.
Blackrock Gold agreed to pay US$48,344.37 in cash, plus any federal claim maintenance fees Nevada Select paid for the assessment year ending September 1, 2027. It also agreed to grant Nevada Select a 3.0% net smelter returns royalty on any future production from Tonopah East. Closing is anticipated on or about September 30, 2026, or another mutually agreed date.
Blackrock Silver (BKRRF) announced Christine West's appointment as an independent director on September 24, 2026.
West has 30 years of experience in the international mining industry, including 16 years at Endeavour Silver, where she served as a director, chief financial officer and vice president, controller. She has played roles in more than $300 million in equity and debt financings for public companies. In connection with her appointment, Blackrock granted West 32,520 deferred share units at a deemed price of $1.23 per unit. The units vest in full one year after the grant date and are subject to the company's equity incentive plan and TSX Venture Exchange policies.
Blackrock Silver (BKRRF) reports initial 2026 drill results extending high-grade silver-gold mineralization at its Tonopah West project in Nevada.
The NW Step Out Program has pushed the inner high-grade corridor a further 600 metres northwest along the Denver vein system, with drillholes TXC26-192A, -199, -200 and -201 confirming continuity. Highlight intercepts include TXC26-200 with 0.49 m grading 1,096 g/t AgEq (797 g/t Ag, 2.77 g/t Au) and TXC26-184 with 0.76 m grading 1,036.6 g/t AgEq (431 g/t Ag, 5.61 g/t Au). A mineralized granodiorite intrusive in TXC26-190 returned up to 28 g/t silver and 0.29 g/t gold, defining a new intrusive complex target.
The fully funded Eastern Expansion and NW Step Out programs have together completed over 18,100 metres of drilling, with assays for 12 holes pending and further core holes under consideration.
Blackrock Silver (BKRRF) will be added to the VanEck Junior Gold Miners ETF (GDXJ) effective at the close of trading on September 18, 2026, as part of the ETF’s semi-annual review and rebalance.
The GDXJ is described as a globally recognized ETF holding small- and mid-cap gold and silver mining, development and exploration companies, with approximately US$9.2 billion in net assets as of September 11, 2026. Blackrock’s CEO calls the inclusion a milestone that broadens the shareholder register, raises the company’s profile with index-following investors, and should support deeper trading liquidity over time. Blackrock is advancing the high-grade Tonopah West primary silver project in Nevada, with initial underground development targeted for 2027.
Blackrock Silver (OTCQX: BKRRF) has engaged Washington, D.C.-based Global Frontier Advisors LP (GFA) to help secure U.S. federal and Nevada state support, non-dilutive capital, procurement opportunities, and tax incentives linked to silver’s November 2025 designation as a U.S. critical mineral. GFA will assist in identifying government funding and financing pathways for Blackrock’s 100%-owned Tonopah West silver-gold project in Nevada.
According to Blackrock, Tonopah West is among the highest-grade undeveloped primary silver projects globally, with a PEA mine life of about 11.2 years, average annual production of roughly 7.1 million silver-equivalent ounces, and an all-in sustaining cost of US$17.44 per AgEq ounce. The company believes the project could increase U.S. silver production by about 10%. Blackrock targets underground development in 2027 and test mining with a large bulk sample in 2028, leveraging strong local infrastructure, private land tenure, and a mining-supportive jurisdiction.
Blackrock Silver (OTCQX:BKRRF) filed an independent Updated Preliminary Economic Assessment Technical Report for its 100%-owned Tonopah West silver-gold project in Nevada. The report is effective March 25, 2026 and dated May 12, 2026.
Prepared under NI 43-101 and CIM standards, it supports the March 31, 2026 preliminary economic assessment disclosure. The full report is available on SEDAR+ and the company website.
Blackrock Silver (OTCQX: BKRRF) granted 56,736 deferred share units (DSUs) to recently appointed directors under its Omnibus Equity Incentive Compensation Plan. Each DSU converts to one common share on settlement. The DSUs vest in full on April 2, 2027 and will settle upon a holder's termination of service.
For Plan details, consult the management information circular dated November 21, 2025, available on SEDAR+ and the company's website.
Blackrock Silver (OTCQX: BKRRF) released an updated PEA for its 100%‑owned Tonopah West project (effective Jan 4, 2026), showing an 11.2-year mine life, after‑tax NPV5% of US$437M and an after‑tax IRR of 28% using conservative metal prices (US$2,700/oz Au; US$31/oz Ag).
The study cites 40.2M AgEq indicated ounces (90% increase vs prior MRE), average recoveries of 91.6% Ag and 96.3% Au, initial capex ~US$190M, AISC of US$17.44/oz AgEq, and optional economics at 1‑year consensus delivering NPV US$1.55B and IRR 79%.