Andrew Pollard, President and CEO of Blackrock Silver (TSX.V:BRC – OTCQX:BKRRF), joins us to outline the key focus of the 20,000 meter drill program starting up this month in July at its 100% controlled Tonopah West Project, located in the Walker Lane trend of Western Nevada. The Updated MRE at Tonopah West contains a total of 0.57 million ounces of gold and 47.74Mozs of silver or 100.04Mozs of silver equivalent.
The key initiatives with this year’s drill program is to put in approximately 50 drill holes to convert inferred resources to “measured and indicated” on their Merten and Bermuda veins, as well as to crystalize further expansion along the 1km vein corridor between the DPB, Victor, and NW Step-out areas. At present there are multiple deposits along 2.5kms of strike length and tracked across open vein corridor spanning 4km in strike length. One of the goals of this program is drill in between the large gaps (1.5km) remaining to infill these areas and bridge the deposits together as one larger deposit. The system also remains open to the south, northwest, at depth.
We also discussion the various project derisking that their team is doing in the background like metallurgical testing and process flowsheet, hydrology studies, environmental studies, site infrastructure and the potential placement of a decline and processing mill, all in tandem with the exploration strategy. The company just raised $10Million in May, bringing in a larger stake from Eric Sprott, and is cashed up to do work beyond this drill program.
If you have any follow up questions for Andrew regarding Blackrock Silver, then please email us at Fleck@kereport.com or Shad@kereport.com.
- For full disclosure, Shad is shareholder of Blackrock Silver at the time of this recording.
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