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Blackrock Gold updates on maiden drill program at Tonopah West project

President and CEO Andrew Pollard said the set of assays have delivered the group's "second high-grade discovery" at the project

Blackrock Gold Corp - Blackrock Gold updates on maiden drill program at Tonopah West project
Drillhole TW20-006 at the Paymaster vein returned 1,577 grams per tonne silver equivalent over 4.6 meters

Blackrock Gold Corp (CVE:BRC) has updated on the progress of its maiden drill program at the Tonopah West project located in the Walker Lane trend of Western Nevada.

The explorer said drillhole TW20-006 at the Paymaster vein returned 1,577 grams per tonne (g/t) silver equivalent (AgEq) over 4.6 meters, including 3 meters grading 2,215 g/t AgEq, while the drillhole has also intersected a second vein yielding 1.5 meters of 1,670 g/t AgEq.

READ: Blackrock Gold gets second drill rig at Tonopah West; Silver Cloud drilling set for the Fall

Meanwhile, the Denver vein assayed 1.5 meters grading 345 g/t AgEq in drillhole TW20-005, and TW20-004 yielded 1.5 meters grading 245 g/t AgEq. TW20-007 experienced significant deviation from the target Bermuda vein, although it still intersected 1.5 meters grading 387 g/t AgEq of a previously unknown vein.

Drillholes TW20-003 and TW20-002 experienced severe deviation to the east missing the main Victor target, although they did yield 1.5 meters grading 329 g/t AgEq from the Merger vein. A core drill rig has also completed two of five planned additional drillholes at this target to delineate approximately 300 meters of strike along the Victor vein.

Elsewhere, Blackrock said the first drillhole at the New Discovery Target, TW20-008, returned 562 g/t AgEq over 1.5 meters from the steeply dipping Discovery vein. Drilling is also continuing to ramp up with 10,000 meters of a planned 20,000-meter initial program now complete, expanded from the program's initial target of 7,000 meters.

"Our second set of assays from our maiden drill program at Tonopah West has delivered our second high-grade discovery. The silver and gold grades encountered at both our Victor and [Denver, Paymaster, and Bermuda] targets offer prime examples of why this historic district long ago rose to prominence as the 'Queen of the Silver Camps' and highlights the scale of the opportunity for us as the first group to target these historic workings”, Blackrock president and chief executive Andrew Pollard said in a statement.

“Though we experienced deviation in some drillholes that caused them to miss their targets, we've been able to recalibrate quickly as we ramp up our exploration efforts with the recent addition of a core drill rig. With many assays pending, and plenty of drilling to come, including at yet untested targets, we are excited to add a new chapter to this once storied district", Pollard added.

Contact the author at [email protected]

Follow him on Twitter @Cal_Proac

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Price: 0.79 CAD

TSX-V:BRC
Market: TSX-V
Market Cap: $82.26 m
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Blackrock Gold maiden drill program at Tonopah West returns more impressive...

Blackrock Gold (CVE: BRC-OTC: BKRRF) CEO Andrew Pollard joined Steve Darling from Proactive with results from their maiden drill program at their 100% owned Tonopah West project in Nevada. Pollard telling Proactive the results included two big holes on the Paymaster vein that included 1,577 g/t...

on 09/02/2020

2 min read