Blackrock Silver Engages Westland Engineering and Environmental Services to Drive Permits Required for Underground Decline and Test Mining at Tonopah West
Blackrock Silver (TSXV:BRC) (OTCQX: BKRRF) has engaged Westland Engineering and Environmental Services to guide the permitting process for developing an exploration decline and test mining at its 100%-owned Tonopah West project in Nevada. The project, located on private land, could potentially increase domestic silver production by up to 15% annually.
The company aims to receive necessary permits to break ground on an exploration decline by 2027. Additionally, Blackrock has expanded drilling programs by 15,000 metres, with plans to release a mineral resource update in Q3 2025. The initial mine design targets the Bermuda-Merten vein group at an average undiluted grade of 981 g/t silver equivalent.
The company plans to complete an in-fill drilling program of approximately 62 drillholes, aiming to convert up to 1.5-million tonnes from inferred to measured and indicated resources. An updated preliminary economic assessment is expected by Q2 2026.
Blackrock Silver (TSXV:BRC) (OTCQX: BKRRF) ha incaricato Westland Engineering and Environmental Services di guidare il processo di autorizzazione per lo sviluppo di una galleria esplorativa e test di estrazione nel suo progetto Tonopah West, di cui detiene il 100% in Nevada. Il progetto, situato su terreni privati, potrebbe aumentare la produzione nazionale di argento fino al 15% all'anno.
L'azienda mira a ottenere i permessi necessari per avviare i lavori su una galleria esplorativa entro il 2027. Inoltre, Blackrock ha ampliato i programmi di perforazione di 15.000 metri, con piani di pubblicare un aggiornamento delle risorse minerarie nel terzo trimestre del 2025. Il design iniziale della miniera si concentra sul gruppo di vene Bermuda-Merten con un grado medio non diluito di 981 g/t equivalente argento.
L'azienda prevede di completare un programma di perforazione in-fill di circa 62 fori, con l'obiettivo di convertire fino a 1,5 milioni di tonnellate da risorse inferite a misurate e indicate. Un aggiornamento della valutazione economica preliminare è atteso per il secondo trimestre del 2026.
Blackrock Silver (TSXV:BRC) (OTCQX: BKRRF) ha contratado a Westland Engineering and Environmental Services para guiar el proceso de permisos para desarrollar una galería de exploración y minería de prueba en su proyecto Tonopah West, de propiedad al 100% en Nevada. El proyecto, situado en tierras privadas, podría aumentar la producción nacional de plata hasta en un 15% anualmente.
La empresa tiene como objetivo recibir los permisos necesarios para iniciar la construcción de una galería de exploración para 2027. Además, Blackrock ha ampliado los programas de perforación en 15,000 metros, con planes de publicar una actualización de recursos minerales en el tercer trimestre de 2025. El diseño inicial de la mina se centra en el grupo de vetas Bermuda-Merten con un grado promedio no diluido de 981 g/t de equivalente plata.
La compañía planea completar un programa de perforación de relleno de aproximadamente 62 perforaciones, con el objetivo de convertir hasta 1.5 millones de toneladas de recursos inferidos a medidos e indicados. Se espera una actualización de la evaluación económica preliminar para el segundo trimestre de 2026.
블랙록 실버 (TSXV:BRC) (OTCQX: BKRRF)는 네바다에 위치한 100% 소유의 토노파 웨스트 프로젝트의 탐사 갱도 개발 및 테스트 채굴을 위한 허가 과정을 안내하기 위해 웨스트랜드 엔지니어링 및 환경 서비스를 고용했습니다. 이 프로젝트는 사유지에 위치하고 있으며, 국내 은 생산을 연간 최대 15%까지 증가시킬 수 있습니다.
회사는 2027년까지 탐사 갱도에 착공할 수 있는 필요한 허가를 받는 것을 목표로 하고 있습니다. 또한 블랙록은 15,000미터의 드릴링 프로그램을 확대했으며, 2025년 3분기에 광물 자원 업데이트를 발표할 계획입니다. 초기 광산 설계는 평균 희석되지 않은 등급이 981 g/t 은에 해당하는 버뮤다-메르텐 vein 그룹을 대상으로 합니다.
회사는 약 62개의 드릴 홀로 구성된 인필 드릴링 프로그램을 완료할 계획이며, 최대 150만 톤을 추정 자원에서 측정 및 지시 자원으로 전환하는 것을 목표로 하고 있습니다. 업데이트된 초기 경제성 평가가 2026년 2분기에 발표될 예정입니다.
Blackrock Silver (TSXV:BRC) (OTCQX: BKRRF) a engagé Westland Engineering and Environmental Services pour guider le processus d'autorisation pour le développement d'une galerie d'exploration et de tests miniers dans son projet Tonopah West, dont il détient 100 % dans le Nevada. Le projet, situé sur des terres privées, pourrait potentiellement augmenter la production nationale d'argent de jusqu'à 15 % par an.
L'entreprise vise à obtenir les permis nécessaires pour commencer les travaux sur une galerie d'exploration d'ici 2027. De plus, Blackrock a élargi ses programmes de forage de 15 000 mètres, avec des projets de publication d'une mise à jour des ressources minérales au troisième trimestre 2025. La conception initiale de la mine cible le groupe de veines Bermuda-Merten avec une teneur moyenne non diluée de 981 g/t équivalent argent.
L'entreprise prévoit de compléter un programme de forage de remplissage d'environ 62 trous de forage, visant à convertir jusqu'à 1,5 million de tonnes de ressources inférées en ressources mesurées et indiquées. Une mise à jour de l'évaluation économique préliminaire est attendue pour le deuxième trimestre 2026.
Blackrock Silver (TSXV:BRC) (OTCQX: BKRRF) hat Westland Engineering and Environmental Services beauftragt, den Genehmigungsprozess für die Entwicklung eines Explorationsschachtes und Testbergbaus in seinem zu 100 % im Besitz befindlichen Tonopah West Projekt in Nevada zu leiten. Das Projekt, das sich auf privatem Land befindet, könnte die inländische Silberproduktion um bis zu 15 % jährlich steigern.
Das Unternehmen hat sich zum Ziel gesetzt, bis 2027 die erforderlichen Genehmigungen zu erhalten, um mit dem Bau eines Explorationsschachtes zu beginnen. Darüber hinaus hat Blackrock die Bohrprogramme um 15.000 Meter erweitert, mit dem Plan, im dritten Quartal 2025 ein Update der Mineralressourcen zu veröffentlichen. Das ursprüngliche Minendesign zielt auf die Bermuda-Merten-Erzgänge mit einem durchschnittlichen unverdünnten Gehalt von 981 g/t Silberäquivalent ab.
Das Unternehmen plant, ein Infill-Bohrprogramm von etwa 62 Bohrlöchern abzuschließen, mit dem Ziel, bis zu 1,5 Millionen Tonnen von geschätzten auf gemessene und angezeigte Ressourcen umzuwandeln. Ein aktualisiertes vorläufiges Wirtschaftlichkeitsgutachten wird für das zweite Quartal 2026 erwartet.
- Project could increase US domestic silver production by 15% annually
- Located on private land, allowing faster permit processing
- High-grade silver deposit with 981 g/t silver equivalent undiluted grade
- Expanded drilling program by additional 15,000 metres
- Potential conversion of 1.5M tonnes from inferred to M&I resources
- Permits not expected until 2027
- Multiple regulatory approvals still required
- Significant timeline to production
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2025) - Blackrock Silver Corp. (TSXV:BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") announces that it has selected Westland Engineering and Environmental Services Inc. ("Westland") to guide the Company through the permitting process with the aim of receiving the necessary permits to develop an exploration decline, complete test mining and extract a bulk sample from the Company's
Situated on private land, patented claims and fee lands, adjacent to the town of Tonopah, the Company's Preliminary Economic Assessment ("PEA")1 on Tonopah West indicates the potential for it to be one of the top American silver producers, with the potential to jog domestic production by up to
Andrew Pollard, the Company's President and Chief Executive Officer, stated, "The launch of permitting initiatives marks a major milestone for the Company-just four years after our initial discovery-as we advance toward our goal of becoming one of America's leading domestic silver producers. Our environmental consultants will oversee critical baseline data collection, while our team finalizes engineering designs. Our objective is to receive the necessary approvals and permits to break ground on an exploration decline in 2027. In parallel, we've expanded our drilling programs by an additional 15,000 metres, positioning us to release a mineral resource update in Q3 2025. This update will incorporate results from our M&I Conversion Program, aimed at de-risking ounces and maximizing economic potential in the early years of anticipated production at Tonopah West as outlined in the PEA. Furthermore, an updated preliminary economic assessment on Tonopah West is expected by Q2 2026, incorporating an additional mineral resource update from the Resource Expansion Program, which is designed to extend mine life and maximize capital investment."
The initial mine design contemplated in the PEA is the starting point to access the shallowest and highest-grade stopes from the Bermuda-Merten vein group (collectively, "DPB South") at an average undiluted grade of 981 g/t silver equivalent (AgEq)3. The Company, through the services of Westland, intends to secure the required baseline data, and obtain the necessary associated permits and government approvals in order to break ground on an exploration decline to commence underground development at Tonopah West.
Once underground, the Company intends to continue to drill the DPB South veins and work toward test mining and extracting a bulk sample at Tonopah West. Figure 1 sets out the activities the Company intends to undertake to achieve the aforementioned goals:
Figure 1: Tonopah West project timeline
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/241237_figure_1.jpg
In concert with the permitting process at Tonopah West, the Company intends to complete its in-fill drilling program consisting of approximately sixty-two drillholes within the shallow southern portion of the DPB resource area with a goal to convert up to 1.5-million tonnes of material from inferred mineral resources to measured and indicated mineral resources (the "M&I Conversion Program") and aims to prepare an updated NI 43-101 compliant mineral resource on Tonopah West in the third quarter of 2025.
Following completion of the M&I Conversion Program and the updated mineral resource, the Company intends to complete an updated mineral resource incorporating results from its ongoing exploration program which is targeting expansion potential across a one kilometre trend of vein corridor linking the DBP and the NW step out resource areas (the "Resource Expansion Program") at Tonopah West and prepare an updated preliminary economic assessment on Tonopah West by the second quarter of 2026.
The Company believes that the above noted activities will provide the information needed for approvals for the underground development and test mining at Tonopah West.
Qualified Persons
Blackrock's exploration activities at Tonopah West are conducted and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG Certified Professional Geologist #11041, is a Qualified Person as defined under NI 43-101. He has reviewed and approved the contents of this news release.
About Blackrock Silver Corp.
Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its
Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR at www.sedarplus.ca.
Cautionary Note Regarding Forward-Looking Statements and Information
This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company's strategic plans; the economic potential of Tonopah West; the required permits and permitting process at Tonopah West, including the receipt of the permits necessary to develop an exploration decline, complete test mining and extract a bulk sample from Tonopah West, and the activities the Company intends to undertake in connection with the foregoing; the timing of completion of the Company's drill programs at Tonopah West, including the M&I Conversion Program and the Resource Expansion Program, and the anticipated objectives and results therefrom; the timing of completion of updated mineral resource estimates and an updated preliminary economic assessment on Tonopah West; the Company's objective of obtaining the necessary approvals and permits and breaking ground on an exploration decline at Tonopah West in 2027; the Company's de-risking initiatives at Tonopah West; estimates of mineral resource quantities and qualities; estimates of mineralization from drilling; geological information projected from sampling results; and the potential quantities and grades of the target zones.
These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption "Risks Factors" in the Company's most recent Annual Information Form.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Further Information, Contact:
Andrew Pollard
President and Chief Executive Officer
(604) 817-6044
info@blackrocksilver.com
1 Technical information relating to Tonopah West is based on and derived from the National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") technical report prepared for Blackrock entitled "Preliminary Economic Assessment of Mineral Resources, Tonopah West Silver-Gold Project, Nye and Esmeralda Counties, Nevada, USA" with an effective date of September 4, 2024 and dated October 11, 2024 (the "Technical Report"), available under the Company's SEDAR+ profile at www.sedarplus.ca.
2 Based on Silver production in the United Stated of 32 million ounces in 2023 as set out in the World Silver Survey 2024 published by The Silver Institute.
3 AgEq grades calculated using
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241237
FAQ
When will Blackrock Silver (BKRRF) begin underground development at Tonopah West?
What is the expected silver grade at Blackrock's (BKRRF) Tonopah West DPB South veins?
When will Blackrock Silver (BKRRF) release its updated mineral resource for Tonopah West?
How many tonnes of resources does BKRRF plan to convert from inferred to M&I at Tonopah West?
When will the updated PEA for Blackrock's (BKRRF) Tonopah West project be released?
