Blackrock Silver Corp · TSXV:BRC
Blackrock Silver — Investor Presentation (June 2023)
29 slides from Blackrock Silver's investor presentation, June 2023
Slide 1: Advancing 3 Emerging Discoveries in Nevada: Silver, Gold & Lithium
ADVANCING 3 EMERGING DISCOVERIES IN NEVADA: SILVER, GOLD, & LITHIUM JUNE 2023 CORPORATE PRESENTATION TSX-V: BRC | OTC: BKRRF | FSE: AHZ0
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains “forward-looking statements” within the meaning of Canadian securities legislation. Such forward-looking statements concern the Company’s strategic plans, completion and exercise of the Tonopah option agreement, timing and expectations for the Co
Slide 3: Stock Info
STOCK INFO TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 Institutions Including, but not BRC Share Price Performance Since 2019 Blackrock 650.0% limited to: 4000% First Majestic Silver 3500% SILJ - Prime Junior Silver Miners Index 19.7% BRC Silver Price (US$) 50.0% Eric Sprott 3000% Gold Price (US$) 54.7% 37%
Slide 4: Tonopah West: 100% Controlled District Leading Package
Tonopah West: 100% Controlled District Leading Package • Situated on patented claims, project represents the western extension of the famed Tonopah silver district with control *All historic production information from Nevada over more than half of the second-largest silver district Bureau of Mines
Slide 5: Tonopah Silver District
TONOPAH SILVER DISTRICT The Queen of the Silver Camps • One of the largest historic silver districts in North America, producing 174 Mozs Ag & 1.8 Mozs Au from 7.5m tonnes • Mined from underground from 1900 to 1930, with peak years producing up to 14,000,000oz/ year AgEq; Victor vein was 24m thick w
Slide 6: Stope Optimized Mineral Resource Estimate
STOPE OPTIMIZED MINERAL RESOURCE ESTIMATE Block Block Diluted AgEq Ounce of Cut-off Model Grades Ounces of Ounces of Area cutoff Tonnes Silver Classification(3) US$/tonne(1) Value Silver Gold AgEq Silver Gold g/t Equivalent(2) US$/tonne g/t g/t g/t DPB 118 230 211 1,281,000 198 2.3 415 8,150,000 94,
Slide 7: Silver Explorers/Developers by Grade, Resource & In Situ Multiples
SILVER EXPLORERS/DEVELOPERS BY GRADE, RESOURCE & IN SITU MULTIPLES $7.00 Primarily Au-Ag Au - Ag - Pollymetallic SilverCrest Emerging Silver Producer $6.00 $5.00 EV/Resources (US$/oz AgEq) $4.00 $3.00 $2.00 New Pacific Investigator Silver Tiger Prime Blackrock $1.00 AbraSilver Reta Institutional: 52
Slide 8: Tonopah West Project
TONOPAH WEST PROJECT • Tonopah: A high-grade low sulfidation epithermal district Ranch hand and part-time prospector Jim Butler and his trusty mule stumbleon silver- • Production: ~1.86 Moz Au, 174 Moz Ag from 7.45m tonnes rich veins near Tonopah Springs in the • Silver Primary District: 100 to 1 Si
Slide 9: Tonopah District Gold and Silver Production
All historic production information from Nevada Bureau of Mines & Geology, Bulletin 51 and Bulletin TONOPAH DISTRICT GOLD AND SILVER PRODUCTION 92. US short tons have been converted to metric tonnes by multiplying short tons by 0.9072 AuEq = (historic silver production times historic silver price) d
Slide 10: Tonopah West: Picking Up Where Historic Miners Left Off
TONOPAH WEST: PICKING UP WHERE HISTORIC MINERS LEFT OFF Amalgamation of West End Mining Company and Tonopah Extension Mining Company. This property represents the 3rd largest producer in the district. Purple - Tonopah Extension Mining Company land (in purple) has never been worked since 1928. Held b
Slide 11: Tonopah District & Tonopah West Geology Map
TONOPAH DISTRICT & TONOPAH WEST GEOLOGY MAP Caldera setting - Joe Colgan – USGS, Denver CO THREE HILLS Siebert Formation (<12 Ma) Mafic lava flows (ca. 16 Ma) Donovan/Divide (ca. 17 Ma) Brougher rhyolite (17.3 Ma) Underground workings • 55 Km (34 mi) Post-caldera tuffs & seds 17.3 My Fraction tuff (
Slide 12: High Grades; Year Round Drilling
HIGH GRADES; YEAR ROUND DRILLING With over 150,000m of drilling completed since June 2020, Tonopah West is the most active silver exploration project in North America Significant intercepts range from 1 to 29 metres in thickness, with grades up to 6,526 g/t AgEq (up to 37 g/t gold, 2,740 g/t silver)
Slide 13: Clear Resource Expansion Potential
CLEAR RESOURCE EXPANSION POTENTIAL Tonopah West drillhole location map showing the location of drillholes mentioned in Jan 23 news release (green dots) • Step-out drilling continues to expand the mineralized footprint well beyond the April 2023 resource boundary and remains open to the south, northw
Slide 14: Mineral Resource Estimate: Victor Area
MINERAL RESOURCE ESTIMATE: Victor Area Block Model Geologic Model Showing stopes Showing stopes Silver Equivalent grade is based on silver and gold prices of US$20/ounce and BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 US$1750/ounce, respectively, and recoveries for silver and gold of 87
Slide 15: Mineral Resource Estimate DPB Area
MINERAL RESOURCE ESTIMATE DPB AREA Block Model Geologic Model Showing stopes Showing stopes Silver Equivalent grade is based on silver and gold prices of BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 US$20/ounce and US$1750/ounce, respectively, and recoveries for silver and gold of 87% an
Slide 16: World Class Recoveries
WORLD CLASS RECOVERIES Tonopah Silver District produced 174m oz silver and 1.86m oz of gold from 7.5m • 2023: Initial Met Test Work tonnes, liberated through cyanide stamp • Appears amenable to standard cyanidation processing with mills in early 1900’s. average recoveries of 95% Gold and 87% Silver;
Slide 17: Tonopah North Lithium
TONOPAH NORTH LITHIUM • Large land package consists of 260 unpatented mining claims covering 20 sq km adjacent to Tonopah West vein system to south and American Lithium’s TLC Project to northwest, representing the crossroads between where the Tonopah silver district intersects with the Tonopah lithi
Slide 18: Infrastructure, Electricity, Casinos..
Infrastructure, Electricity, Casinos.. TONOPAH WEST PROJECT 18 JUNE 2023 |18
Slide 19: Silver Cloud
SILVER CLOUD The Richest Gold Mining Area In North America • Large land package consists of 572 mining claims covering 45sq km (+12,000 acres) • Centered on the Northern Nevada Rift, adjacent to Hecla’s Hollister mine • 3 core drillhole programme completed in November 2022 led to Nevada’s newest bon
Slide 20: LS Epithermal Pathfinders: Historic Mercury Mines
LS EPITHERMAL PATHFINDERS: HISTORIC MERCURY MINES • Mercury and arsenic are the ultimate pathfinder elements for low-sulphidation epithermal gold deposits • The Silver Cloud project is named after the past producing Silver Cloud gold mine where past high-grade intercepts were encountered by Teck and
Slide 21: Similar Trends & Depths
SIMILAR TRENDS & DEPTHS There is no assurance that mineralization comparable to that on adjacent properties will be discovered on Blackrock’s Silver Cloud Project -North-Northwest veins -Productive zone between 4200 and 5100 ft RL - Volcanic hosted BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE:
Slide 22: Comparison of Midas & Hollister Mines
COMPARISON OF MIDAS & HOLLISTER MINES There is no assurance that mineralization comparable to that on adjacent properties will be discovered on Blackrock’s Silver Cloud Project 5000 ft RL Midas Mine • NNW-NW oriented veins Hollister Mine • Productive zone between 4500 and 5500 ft RL • E-W oriented v
Slide 23: Silver Cloud 2023 Drill Program
SILVER CLOUD 2023 DRILL PROGRAM Caldera setting - Joe Colgan – USGS, Denver CO THREE HILLS Siebert Formation (<12 Ma) Mafic lava flows (ca. 16 Ma) Donovan/Divide (ca. 17 Ma) Brougher rhyolite (17.3 Ma) Spring 2023 Drill Program Post-caldera tuffs & seds • Permits in-hand and drillers lined up to com
Slide 24: Leadership
LEADERSHIP Bill Howald Andrew Pollard Daniel Vickerman Executive Chairman President & CEO, Director SVP Corporate Development, Director William (Bill) Howald is a successful entrepreneur who Prior to joining Blackrock as President & CEO in 2019, Mr. Vickerman is a seasoned institutional sales and fo
Slide 25: Leadership
LEADERSHIP David Laing Tony Wood Edie Thome Andrew Kaip Director Director Director Lead Director David Laing is a mining engineer with 40 Tony Wood currently serves as Chief Ms. Edie Thome brings a wealth of years of experience in the industry. He is Financial Officer of Aurania Resources senior lea
Slide 26: Why BRC?
WHY BRC? Creating Value Through Discovery: High-Grade Gold, Silver & Lithium in the Heart of Nevada Tonopah West & Tonopah North • Newly consolidated land package consists of 100 patented & 279 unpatented mining claims covering 25.5sq km (6,300 acres) in one of largest known high-grade silver distri
Slide 27: TSX-V: BRC OTC: BKRRF FSE: AHZ0
TSX-V: BRC www.blackrocksilver.com OTC: BKRRF FSE: AHZ0
Slide 28: Addendum – Significant Intercepts
ADDENDUM – SIGNIFICANT INTERCEPTS HOLEID Area From (m) To (m) Length (m) Au_g/t Ag_g/t AgEq_g/t HOLEID Area From (m) To (m) Length (m) Au_g/t Ag_g/t AgEq_g/t HOLEID Area From (m) To (m) Length (m) Au_g/t Ag_g/t AgEq_g/t TW20-001 Victor Vein 554.7 557.8 3.0 2.435 221.3 464.8 TW20-041C Victor 578.2 58
Slide 29: Addendum – Significant Intercepts
ADDENDUM – SIGNIFICANT INTERCEPTS HOLEID Area From (m) To (m) Length (m) Au_g/t Ag_g/t AgEq_g/t HOLEID Area From (m) To (m) Length (m) Au_g/t Ag_g/t AgEq_g/t TXC21-026 DPB 359.1 363.2 4.1 9.070 1120.0 2027.0 Including 381 382.5 1.5 5.467 487.3 1034.0 Including 361.2 362.1 0.9 20.850 2994.5 5079.5 TX