- Blackrock Silver Corp. (BRC) encounters a strike extension of the Denver vein system on its Tonopah West Project in Nevada
- Assay determinations for hole TW22-119 are complete and show elevated gold and silver
- This mineralization pattern is seen within the ore zones of the Tonopah West vein system
- TW22-120 also encountered the vein at what may be a more favourable elevation
- A phase two resource expansion drill program is being planned to commence in April
- Blackrock Silver Corp. (BRC) is down 0.79 per cent trading at $1.25 per share as of 2:14 p.m. ET
Blackrock Silver Corp. (BRC) encounters a strike extension of the Denver vein system on its Tonopah West Project in Nevada.
Drilling is continuing at the Tonopah West project with five step-out drillholes completed to date.
Drillholes TW22-119 and TW22-120 intersected the Denver vein system approximately one kilometre northwest of the DPB resource area. Assay determinations for TW22-119 are complete and show elevated gold and silver, along with its associated trace element signature of highly enriched antimony, lead, zinc, and selenium flanked by arsenic, potassium, and aluminum as a halo around the quartz vein.
This mineralization pattern is seen within the ore zones of the Tonopah West vein system. TW22-120 was drilled southward with a 70-degree inclination targeting the same vein projection but shallower within the system.
TW22-120 also encountered the vein over 3.00 metres at what may be a more favourable elevation within the system and assays are pending at this time.
Drillhole TW22-119, -120 and -121 show the Tonopah district could be much bigger than previously thought with mineralization and quartz veins tracked well beyond the DPB resource area.
The northwest orientation fits with the company’s interpretation that the vein system is following the outer structural margin of the Tonopah Caldera. A core drill is on-site to follow up on the step-out drillholes.
A phase two resource expansion surface drill program is being planned to commence in April, the extent of which will be determined by the remaining assays received from the step-out drill program.
Blackrock Silver Corp. (BRC) is down 0.79 per cent trading at $1.25 per share as of 2:14 p.m. ET.