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Blackrock Silver Plans Follow-Up Drill Program to Offset Bonanza-Grade Intercept in Northwest Canyon on the Silver Cloud Project
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2023) - Blackrock Silver Corp. (TSXV:...
About this update from Blackrock Silver Corp
[{"type":"text","content":"Blackrock Silver Plans Follow-Up Drill Program to Offset Bonanza-Grade Intercept in Northwest Canyon on the Silver Cloud ProjectVancouver, British Columbia--(Newsfile Corp. - February 27, 2023) - Blackrock Silver Corp. (TSXV: BRC) (the \"Company\" or \"Blackrock\") is pleased to report that it is finalizing drill plans and permitting drill sites for a Phase 1 drill program at its bonanza-grade discovery drillhole in Northwest Canyon on the Silver Cloud project (\"Silver Cloud\"). Silver Cloud is located within the high grade Northern Nevada Rift in north-central Nevada adjacent to the Hollister mine and on trend with the Midas mine.The Company has completed drill plans and is in the process of permitting a 4,000-metre drill program to follow up on its bonanza-grade discovery in Northwest Canyon. The drill program will test approximately 500 metres of strike along the vein as well as down-dip potential.A successful outcome from Phase 1 drill program will launch the larger Phase 2 program wherein an additional 10 sites will be permitted to test the potential along an additional 1,500 metres. The Phase 1 and Phase 2 drill programs will be completed using HQTT core.Andrew Pollard, the Company's President and Chief Executive Officer, commented, \"Virgin high-grade discoveries are very rare in Nevada, which makes us very excited to bring drills back to follow up on our recent multi-ounce gold & silver discovery at Silver Cloud. The project encompasses one of the largest underexplored epithermal districts in Nevada, situated directly on trend of two of Nevada's highest-grade gold mines, where we now have a very high-resolution target with multiple pierce points along a drill-defined structure tracked over 425 metres. Permitting is now underway for what has the potential to be a very consequential follow-up drill program that will take place during the second quarter, testing up to 500 metres of strike for Midas-style mineralization.\"Bonanza grades originally reported from drillhole SBC22-020 intersected 52.62 g/t gold (1.53 opt) and 606 g/t silver (17.68 opt) over 1.5 metres, representing a new high-grade vein discovery (See December 7, 2022 news release). The bonanza grades are associated with a banded quartz vein containing black sulphides, and the 606 g/t silver is the highest-grade silver intercept at Silver Cloud to date.Disc...