Welcome to our dedicated page for Blackrock Silver news (Ticker: BKRRF), a resource for investors and traders seeking the latest updates and insights on Blackrock Silver stock.
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 Corp. (TSXV: BRC) (OTCQX: BKRRF) has begun a significant drilling program at its Tonopah West project in Nevada. The fully-funded program includes 20,000 metres of drilling with 50 planned drillholes, utilizing two core and one reverse circulation (RC) drill rig. The campaign aims to grow and de-risk the company's mineral inventory over the next five months.
The program has two main objectives: 1) Convert approximately one million tonnes of high-grade silver and gold from inferred to measured and indicated resource categories, focusing on the Bermuda and Merten vein systems. 2) Explore the potential to connect the DPB and NW step-out resource areas across a 1-kilometer gap, potentially linking up the entire 4-kilometer silver-gold system.
Blackrock Silver announced the commencement of a 20,000-metre drilling program at their Tonopah West project in Nevada. The project, set to begin in July 2024, will use two core drills and one reverse circulation drill. This initiative follows an October 2023 resource estimate revealing 100 million silver equivalent ounces. The drilling aims to convert high-grade silver and gold from inferred to measured and indicated categories, targeting the Bermuda and Merten vein systems. Expansion drilling aims to connect the DPB and NW Step-out deposits. Results from metallurgical test work are expected in August 2024.
Blackrock Silver has terminated its option and exploration agreement with Tearlach Resources concerning the Tonopah North project in Nevada. Tearlach failed to make a required $100,000 payment by April 30, 2024, leading Blackrock to end the agreement. Over the last 18 months, Tearlach spent over $1 million on exploration, identifying multiple lithium zones and expanding the mineralized area. The project area increased from 1,636 to 1,862 hectares. Blackrock is now evaluating the results to decide on the next steps for the project.
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