Blackrock Silver Corp · TSXV:BRC
Blackrock Silver — Investor Presentation (March 2024)
27 slides from Blackrock Silver's investor presentation, March 2024
Slide 1: The Queen of the Silver Camps, Where Grade Reigns King
THE QUEEN OF THE SILVER CAMPS, WHERE GRADE REIGNS KING MARCH 2024 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 limited BRC Share Price Performance Since 2019 to: 4000% Blackrock 437.5% First Majestic Silver SILJ - Prime Junior Silver Miners Index -0.9% BRC Eric Sprott 3500% Silver Price (US$) 48.4% Gold Price (US$) 60.3% Sprott A.
Slide 4: Tonopah West, Tonopah North and Silver Cloud discoveries
Tonopah West: Advanced Discovery • Updated 2023 mineral resource estimate outlines 6.12M tonnes at block diluted grade of 508.5 g/t AgEq for 100.04M ounces AgEq ** • Resource Expansion Upside: Multiple deposits tracked across *All historic production information from Nevada Bureau of Mines & Geology
Slide 5: EV/Resources (US$/oz AgEq) at 200 g/t cutoff
SILVER EXPLORERS/DEVELOPERS BY GRADE & IN SITU MULTIPLES Blackrock’s mineral resource at 200g/t AgEq cutoff (100M AgEq ounces) Compelling Value/Re-Valuation Upside: Blackrock’s AgEq ounces currently trading at discount to high-grade peers $1.20 Primarily Au-Ag Au - Ag - Pollymetallic Prime $1.00 Dol
Slide 6: EV/Resources (US$/oz AgEq) at 400 g/t cutoff
SILVER EXPLORERS/DEVELOPERS BY GRADE & IN SITU MULTIPLES Blackrock’s mineral resource at 400g/t AgEq cutoff (70.6M AgEq ounces) $1.20 Primarily Au-Ag Au - Ag - Pollymetallic Prime $1.00 Dolly Varden EV/Resources (US$/oz AgEq) $0.80 $0.60 Vizsla AbraSilver $0.40 Blackrock Reta Institutional: 52% Zaca
Slide 7: 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 8: October 2023 Updated Mineral Resource Estimate
OCTOBER 2023 UPDATED MINERAL RESOURCE ESTIMATE Ounces of AgEq Block Diluted Grade Ounces of Ounces of Area Tonnes Silver Classification(4) cutoff g/t (1) Silver Gold Silver g/t Gold g/t AgEq g/t (2) Equivalent(3) Victor 200 2,193,000 262.2 3.11 547.4 18,484,000 219,000 38,589,000 Inferred DP 200 1,5
Slide 9: October 2023 Updated Mineral Resource Estimate: All Cut Offs
OCTOBER 2023 UPDATED MINERAL RESOURCE ESTIMATE Robust and Sizeable Resource At All Cut Offs All Tonopah West Resource Cut Off Sensitivty Cutoff Ave. AgEq Ave. Au Ave. Ag Grade Contained Contained Contained Grade Tonnes Grade Grade g g Ag/t oz Ag oz Au oz AgEq g AgEq/t g AgEq/t Au/t 200 6,119,000 508
Slide 10: 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 stumble on 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 S
Slide 11: 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 12: 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 13: Tonopah District & Tonopah West Geology Map
TONOPAH DISTRICT & TONOPAH WEST GEOLOGY MAP Caldera setting - Joe Colgan – USGS, Denver Caldera settingCO - Joe Colgan – USGS, Denver CO THREE HILLS Siebert Siebert Formation Formation (<12 (<12 Ma) Ma) Mafic Mafic lava lava flows flows (ca. (ca. 16 16 Ma) Ma) Donovan/Divide Donovan/Divide (ca. (ca.
Slide 14: Clear Resource Expansion Potential; Conventional Underground Mining Methods
CLEAR RESOURCE EXPANSION POTENTIAL; CONVENTION UNDERGROUND MINING METHODS • Step-out drilling has more than doubled the mineralized footprint beyond the April 2022 resource boundary • Multiple deposits tracked across open vein corridor spanning 4km in strike length with large gaps (1.5km) remaining
Slide 15: World Class Recoveries
WORLD CLASS RECOVERIES Tonopah Silver District produced 174m oz silver and 1.86m oz of gold from 7.5m tonnes, liberated through cyanide stamp Initial Met Test Work Lines Up With Historic Production Reports mills in early 1900’s. • Amenable to standard cyanidation processing and milling with average
Slide 16: 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 17: Infrastructure, Electricity, Casinos..
Infrastructure, Electricity, Casinos.. TONOPAH WEST PROJECT 17 MARCH 2024|17
Slide 18: 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 19: 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 20: 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 21: 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 22: 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 23: 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 24: 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 25: TSX-V: BRC OTC: BKRRF FSE: AHZ0
TSX-V: BRC www.blackrocksilver.com OTC: BKRRF FSE: AHZ0
Slide 26: 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 27: 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
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