Blackrock Silver Corp (CVE:BRC) revealed the first drill results from its 2021 program at the Tonopah West project that included high-grade intercepts of up to 1,003 grams per ton (g/t) silver equivalent.
The Vancouver-based company said it had intersected a new vein just south of the known vein cluster at the DPB target, with one hole intersecting 3.1 metres (m) at 6.2 g/t gold and 388 g/t silver, or 1,003 g/t silver equivalent.
Drilling to the west of the main Victor vein also intersected significant alteration, according to Blackrock, with 23m and 12.2m of veins and silicified breccia cut in two drill holes.
READ: Blackrock Gold Corp to change its name to better reflect the silver dominant nature of its flagship Tonopah West project in Nevada
In total, Blackrock has drilled 13,000m at the Nevada property since January 2021.
"Today's results highlight the exciting upside potential this project holds as a new high-grade vein has been discovered just beyond the limits of where our resource definition program at our DPB target is currently underway,” CEO Andrew Pollard said in a statement.
Pollard told shareholders that it appears the potential for mineralization remains “wide open” with four drill rigs in operation testing three target areas.
“Between our ongoing resource definition program at DPB, our continued expansion focused drilling at Victor, and the potential for additional discoveries to be made as part of our step-out program, 2021 has the potential to be a very exciting year for investors,” Pollard added.
A maiden resource estimate is expected to be completed on the DPB target by the end of the year.
Contact Angela at angela@proactiveinvestors.com
Follow her on Twitter @AHarmantas