Business
Blackrock Provides Update on Silver Cloud Deep Drill Program; Major Graben Structure Identified
Press Release Highlights SBC20-006 encounters multiple alteration zones of greater than ...
About this update from Blackrock Silver Corp
[{"type":"text","content":"Blackrock Provides Update on Silver Cloud Deep Drill Program; Major Graben Structure IdentifiedPress Release HighlightsSBC20-006 encounters multiple alteration zones of greater than 3.5 metres in Northwest Canyon;Deep drilling in Northwest Canyon and an enhanced property-wide gravity survey confirms the presence of a major structure between the Silver Cloud mercury mine and Northwest Canyon;The major structural zone is associated with eastern margin of Midas-like graben; andSBC20-006 is completed to a total depth of 678 metres, assays pending.Vancouver, British Columbia--(Newsfile Corp. - April 1, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the \"Company\") commenced its 2020 Exploration Program in March and has completed the deepest drillhole (678 metres), SBC20-006, at the Northwest Canyon target on its 100% controlled Silver Cloud project located on the Northern Nevada Rift in Elko County, Nevada.The 2020 exploration program at Silver Cloud includes drilling at the Northwest Canyon and NE Veins targets; an expanded project-wide gravity survey; IP surveys at NE Veins, Northwest Canyon, and Silver Cloud mercury mine; and mapping and sampling at the Quiver target. To date, the gravity survey and SBC20-006 have been completed.The 2020 drill program at Northwest Canyon is designed to encounter the mineralized structure at depth (SBC20-006) and expand along strike to the west. Drillhole SBC20-006, completed to 678 metres, tested the down-dip extension of the east-west gold mineralized zone, and from a vertical extent, is the deepest drillhole completed on the Silver Cloud property to date. Drilling of the second hole has been postponed due to the coronavirus outbreak, and the Company will resume exploration work later in the year as conditions permit. In the fall of 2019, the Company completed five HQ core holes totalling 2,207 metres (7,240 feet) at the Silver Cloud mercury mine and Northwest Canyon target. Geologic interpretation and assay results indicated a potential east-west vein system at Northwest Canyon, where three drillholes (SBC19-002, SBC19-003 and SCP-15) define a 250-metre long mineralized zone. In drillholes SBC19-002 and -003, downhole geophysical survey (acoustic televiewer) showed east-west oriented veins and fractures in the mineralized zones. The mineralized structure is steeply dipping to the south and has a dri...