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Blackrock Gold to start drilling at Silver Cloud project once detailed work is complete

Last updated: 12:39 14 Aug 2018 EDT, First published: 07:39 14 Aug 2018 EDT

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Blackrock Gold says it's a discovery-driven junior explorer

Blackrock Gold Corp (CVE:BRC) said it would delay drilling at its Silver Cloud project in Elko County, Nevada until a detailed assessment is complete.

"Recently conducted soil geochemical results, along with historical geochemical and geophysical data, are encouraging," the resource group told investors in a brief regulatory statement.

"However, more research is warranted prior to a drill programme. After careful consideration and review, the company has amended the initial plan to drill Silver Cloud in late summer in order to perform additional surface and technical work."

The firm added that "to increase the odds of success", it had decided to delay drilling.

"We are diligently and methodically laying the groundwork to identify the highest-potential drill targets at Silver Cloud in order to increase our odds of success," said Greg Schifrin, chief executive officer of Blackrock Gold.

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