Blackrock Silver Corp · TSXV:BRC
Blackrock Silver — Investor Presentation (May 2022)
33 slides from Blackrock Silver's investor presentation, May 2022
Slide 1: One of the Great American Mining Camps Re-Awakened
ONE OF THE GREAT AMERICAN MINING CAMPS RE-AWAKENED May 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: Stock Info
STOCK INFO TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 Institutions Including, but not limited to: BRC Share Price Performance 2019 to date First Majestic Silver Eric Sprott SSI A.M. 37% Sprott A.M. Crescat Capital Gold 2000 MMCAP 59% Retail 4% Institutional & HNW BRC Management / Directors Reta Institution
Slide 4: 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 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 Maiden Resource Estimate
STOPE OPTIMIZED MAIDEN RESOURCE ESTIMATE Block AgEq Ounce of Cut-off Model Silver Gold AgEq Ounces of Ounces of Area cutoff Tonnes Silver Classification(3) US$/tonne(1) Value g/t g/t g/t Silver Gold g/t Equivalent(2) US$/tonne DPB 118 230 211 1,281,000 198 2.3 415 8,150,000 94,000 17,100,000 Inferre
Slide 7: Nevada: The Silver State
NEVADA: THE SILVER STATE Tonopah = one of the largest silver districts in North America and second largest in Nevada. COMSTOCK It’s said, “The Comstock put Nevada on the map, and Tonopah kept it there.” TONOPAH APRIL 2022 | 7
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: Infrastructure, Electricity, Casinos..
Infrastructure, Electricity, Casinos.. TONOPAH WEST PROJECT 12 APRIL 2022 |12
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: Beyond the Resource: Expansion Potential
BEYOND THE RESOURCE: EXPANSION POTENTIAL BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |14
Slide 15: 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 16: Victor Target
1 – Victor Target B’ A’ C’ C B A Deviated in front of target BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |16
Slide 17: Denver, Paymaster, Bermuda and Merten Veins
2 - DENVER, PAYMASTER, BERMUDA AND MERTEN VEINS B’ A’ C’ C B A Maiden Resource by Q1 2021 Program: 30,000m of core resource definition drilling at DPB BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |17
Slide 18: B’ A’ B
B’ A’ C’ C B A BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |18
Slide 19: 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 mills in early 1900’s. average recoveries of 95% Gold and 87% Silver;
Slide 20: 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 • Former Teck, Placer Dome, and Newmont project with multiple high-grade gold inte
Slide 21: 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 22: Similar Trends & Depths
SIMILAR TRENDS & DEPTHS BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |22
Slide 23: 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 24: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 | 24
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |24
Slide 25: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 | 25
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |25
Slide 26: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 | 26
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 APRIL 2022 |26
Slide 27: 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 28: 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 29: 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 30: Why BRC?
WHY BRC? Exploring Silver Cloud and Tonopah West: low sulfidation epithermal 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
Slide 31: www.blackrocksilver.com
TSX-V: BRC www.blackrocksilver.com OTC: BKRRF FSE: AHZ0
Slide 32: 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 33: 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