Blackrock Silver Corp · TSXV:BRC
Blackrock Silver — Investor Presentation (June 2022)
35 slides from Blackrock Silver's investor presentation, June 2022
Slide 1: One of the Great American Mining Camps Re-Awakened
ONE OF THE GREAT AMERICAN MINING CAMPS RE-AWAKENED June 2022 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: Nevada: Tonopah West: 100% Controlled District Leading Package
Nevada: • Nevada was the #3 ranked mining jurisdiction on the planet in 2021 according to the Fraser Institute Tonopah West: 100% Controlled District Leading Package • Western extension of the famed Tonopah silver district with control over more than half of what is the second-largest silver distric
Slide 4: Stock Info
STOCK INFO TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 Institutions Including, but not limited to: BRC Share Price Performance Since 2019 First Majestic Silver 4000% Share Performance Since 2019 Eric Sprott 3500% Blackrock 1,562.5% SSI A.M. SILJ - Prime Junior Silver Miners Index 27.7% 3000% Silver Price (U
Slide 5: Creating Value Through Discovery & De-Risking
CREATING VALUE THROUGH DISCOVERY & DE-RISKING Share performance relative to silver explorers & developers since optioning Tonopah West (April 1, 2020 to May 31, 2022) 720% 505% 497% 457% 442% 439% 429% 425% 390% 316% 216% 150% 145% 73% 26% Reta Institutional: 52% 22% 12% 12% -13% -19% -26% -29% -29%
Slide 6: 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 7: Stope Optimized Maiden Resource Estimate
STOPE OPTIMIZED MAIDEN 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 94,0
Slide 8: Underground Exploration and Development Silver Projects
UNDERGROUND EXPLORATION AND DEVELOPMENT SILVER PROJECTS GRADE IS KING: Tonopah West Commands Industry Leading US$/oz for Resource Stage Project MI&I Average Grade (g/t AgEq) Stage of Development Operator EV/Resource (US$/oz AgEq) Las Chispas (SilverCrest) 1,046 $6.91 RV Mine (Aurcana) 948 $0.95 Tono
Slide 9: Silver Project Grade
SILVER PROJECT GRADE Reta Institutional: 52% BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 | 9
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 stumbleonsilver- • 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 Sil
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: High Grades; Year Round Drilling
HIGH GRADES; YEAR ROUND DRILLING With over 120,000m 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 5,080 g/t AgEq (up to 26 g/t gold, 2,994 g/t silver)
Slide 14: Maiden Resource: Drillhole Location Map
MAIDEN RESOURCE: DILLHOLE LOCATION MAP BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |14
Slide 15: Maiden Resource: Drillhole Grade x Thickness Map
MAIDEN RESOURCE: DRILLHOLE GRADE X THICKNESS MAP (AgEq x M) BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |15
Slide 16: Maiden Resource Upside
MAIDEN RESOURCE UPSIDE BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |16
Slide 17: Stope Optimized Maiden Resource Estimate: Victor Area
STOPE OPTIMIZED MAIDEN RESOURCE ESTIMATE Victor Area Block Model Geologic Model Showing stopes Showing stopes BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |17
Slide 18: Stope Optimized Maiden Resource Estimate: DPB Area
STOPE OPTIMIZED MAIDEN RESOURCE ESTIMATE DPB Area Block Model Geologic Model Showing stopes Showing stopes BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |18
Slide 19: Tonopah North
TONOPAH NORTH District Scale Blue Sky Potential • Large land package consists of 260 unpatented mining claims covering 20 sq km adjacent to Tonopah West vein system. • A total of 9,000 metres of drilling is now underway in twelve RC drillholes • DPB vein system tracked to Tonopah West- Tonopah North
Slide 20: World Class Recoveries
WORLD CLASS RECOVERIES Tonopah Silver District produced 174m oz silver and 1.86m oz of gold from 7.5m • 2022: Initial Met Test Work tonnes, liberated through cyanide stamp • Appears amenable to standard cyanidation processing with y 9 ’ average recoveries of 95% Gold and 87% Silver; • Gold recoverie
Slide 21: Infrastructure, Electricity, Casinos..
Infrastructure, Electricity, Casinos.. TONOPAH WEST PROJECT 21 JUNE 2022 |21
Slide 22: 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, j H ’ H • Former Teck, Placer Dome, and Newmont project with multiple high-grade gold intercepts encountered on limit
Slide 23: 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 24: Similar Trends & Depths
SIMILAR TRENDS & DEPTHS BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |24
Slide 25: Comparison of Midas & Hollister Mines
COMPARISON OF MIDAS & HOLLISTER MINES 5000 ft RL Midas Mine • NNW-NW oriented veins Hollister Mine • Productive zone between 4500 and 5500 ft RL • E-W oriented veins • Volcanic hosted – Miocene Elko Prince • Productive zone between 4750 and 5250 ft RL • Veins 1.5m to 3m wide • Sediment hosted – Ordo
Slide 26: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 | 26
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |26
Slide 27: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 | 27
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |27
Slide 28: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 | 28
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 JUNE 2022 |28
Slide 29: A Tale of Two Geologies
A TALE OF TWO GEOLOGIES • Enhanced Gravity survey indicates two distinct geologic systems cutting across the entire property • Newly-identified Silver Cloud Graben cuts across western half of project, providing for a thick volcanic rock package that highlights major similarities to structural archit
Slide 30: 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 31: Leadership
LEADERSHIP David Laing Tony Wood John Seaberg Andrew Kaip Director Director Director Lead Director David Laing is a mining engineer with 40 Tony Wood currently serves as Chief Mr. Seaberg was Senior Vice President, years of experience in the industry. He is Financial Officer of Aurania Resources Str
Slide 32: Why BRC?
WHY BRC? Creating Value Through Discovery: High-Grade Gold & Silver 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 districts in No
Slide 33: www.blackrocksilver.com
TSX-V: BRC www.blackrocksilver.com OTC: BKRRF FSE: AHZ0
Slide 34: 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 35: 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