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.
Overview
Blackrock Silver Corp (BKRRF) is a junior, precious metals exploration company dedicated to uncovering high-grade silver, gold, and lithium mineralization in Nevada. Leveraging decades of geological expertise and rigorous drilling programs, the Company focuses on its 100% controlled portfolio of projects located along well-established mineral trends such as the Walker Lane and the Northern Nevada Rift. Its flagship projects, including the Tonopah West project and others, exemplify its commitment to de-risking mineral inventory and upgrading inferred resources through systematic in-fill drilling and resource conversion programs.
Technical Approach & Drilling Programs
The firm employs advanced exploration techniques characterized by extensive drilling campaigns, including reverse circulation and core drilling programs. These initiatives aim to convert significant inferred resources into measured and indicated categories through the M&I Conversion Program, while parallel Resource Expansion Programs seek to extend and connect mineralized zones. Employing industry standard practices in sample analysis and metallurgical testing (NI 43-101 compliant), Blackrock Silver ensures that every step, from drill pad construction to detailed assay reporting, meets rigorous quality assurance protocols.
Project Portfolio & Operational Excellence
Blackrock Silver is anchored by a diverse portfolio of projects across Nevada, including projects with robust silver and gold grades and promising lithium discoveries. The Company's Tonopah West project is noted for its low-sulphidation, epithermal systems which offer both shallow high-grade intercepts and significant thickness of mineralized veins. This project, along with complementary initiatives like the Silver Cloud and Tonopah North programs, demonstrates the Company’s deep expertise in translating exploration success into potential economic value.
Management & Governance
Guided by a seasoned Board of Directors and supported by a team of experienced geologists and engineers, Blackrock Silver’s internal processes emphasize transparency, technical diligence, and effective risk management. Robust reward mechanisms, including performance share units and stock options, align management interests with shareholder value creation while reinforcing the Company’s commitment to sound corporate governance.
Industry Position & Market Significance
Operating in one of North America’s most mineral-rich regions, Blackrock Silver occupies a niche as a technology-driven, exploration-focused entity. By integrating advanced geological models with comprehensive drill data, the Company not only enhances its resource base but also informs strategic permitting and development decisions in a competitive mining landscape. Its internal de-risking initiatives and continuous technical updates form the backbone of its strategy to deliver detailed asset valuation information to the market.
Key Takeaways
- Precious Metals Exploration: Focused on high-grade silver, gold, and lithium targets.
- Drilling Innovation: Utilizes both in-fill and expansion drilling programs to upgrade resource categories.
- Technical Rigor: Adheres to NI 43-101 standards with comprehensive QA/QC protocols.
- Operational Transparency: Maintains a strong record of detailed reporting and robust corporate governance.
- Market Position: Strategically located in Nevada, leveraging established mineral trends for long-term exploration success.
This integrated approach positions Blackrock Silver Corp as an informative and technically proficient entity for investors seeking insight into domestic precious metals exploration, emphasizing a blend of advanced resource conversion, exploration expansion, and steadfast commitment to technical excellence.
Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) announces initial assay results from its 2024 drill program at the Tonopah West project in Nevada. Highlights include:
- TXC24-087: 2.59m of 3,744 g/t AgEq (1,920.93 g/t Ag and 20.26 g/t Au)
- TXC24-101: 1.28m of 1,286 g/t AgEq (687 g/t Ag and 6.56 g/t Au)
- TXC24-092: 3.35m of 952.6 g/t AgEq (470.56 g/t Ag and 5.35 g/t Au)
- TXC24-100: 2.26m of 898 g/t AgEq (530.30 g/t Ag and 4.08 g/t Au)
The drilling aims to upgrade and expand the shallowest portion of the DPB resource area from inferred to measured and indicated resources. Results show continuity of high-grade gold and silver mineralization, with multiple intercepts exceeding 1 kg/t AgEq. A new high-grade chute has been identified with potential for near-surface expansion.
Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) will present at the 2024 Precious Metals Summit in Beaver Creek, Colorado from September 10-13, 2024. The company will showcase findings from the initial Preliminary Economic Assessment (PEA) of its Tonopah West Project in Nevada.
Key PEA highlights include:
- After-tax NPV5% of $326 million with a 2.3-year payback and 39.2% IRR at base case prices
- AISC of $11.96 per silver equivalent ounce
- 8-year life of mine producing 66.8 million payable AgEq ounces
- Low initial capex of $178 million
- Significant expansion potential with ongoing 20,000-meter drilling program
CEO Andrew Pollard will present on September 10th at 1:15pm MT, with the presentation available via webcast.
Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) announced positive results from a Preliminary Economic Assessment (PEA) for its 100%-owned Tonopah West Project in Nevada. Key highlights include:
- After-tax NPV (5%) of $326 million with an IRR of 39.2%
- Initial capital expenditure of $178 million
- All-in Sustaining Costs of $11.96 per silver equivalent ounce
- 7.8-year mine life producing 66.8 million payable silver equivalent ounces
- Annual production of 8.6 million silver equivalent ounces
The PEA is based on an updated Mineral Resource Estimate of 6.35 million tonnes grading 2.82 g/t gold and 237.8 g/t silver. The project has significant expansion potential and benefits from a streamlined permitting process on private land.
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.
FAQ
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