Blackrock Silver Corp · TSXV:BRC
Blackrock Silver — Investor Presentation (August 2024)
28 slides from Blackrock Silver's investor presentation, August 2024
Slide 1: The Reawakening of the Queen of the Silver Camps
THE REAWAKENING OF THE QUEEN OF THE SILVER CAMPS August 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 to: BRC Share Price Performance Since 2019 First Majestic Silver 4000% Blackrock 600.0% Eric Sprott SILJ - Prime Junior Silver Miners Index 59.1% BRC 3500% 84.2% SSI A.M. Silver Price (US$) Gold Price (US$) 90.0%
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: Silver Explorers/Developers by Grade & In Situ Multiples
SILVER EXPLORERS/DEVELOPERS BY GRADE & IN SITU MULTIPLES Blackrock’s mineral resource at 200g/t AgEq cutoff (100M AgEq ounces) Compelling $1.60 Value/Re-Valuation Upside: Blackrock’s AgEq ounces currently trading at discount to high-grade peers Primarily Au-Ag Au - Ag - Polymetallic Vizsla $1.40 Dol
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: 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 8: October 2023 Updated Mineral Resource Estimate: Cut Off Sensitivity
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 9: 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 10: 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 11: 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 now owned 100% by Blackrock Silver. This property represents the 3rd largest producer in the district. Purple - Tonopah Extension Mining Company land (in purple) has n
Slide 12: 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 13: Clear Resource Expansion Potential; Conventional Underground Mining Methods
CLEAR RESOURCE EXPANSION POTENTIAL; CONVENTION UNDERGROUND MINING METHODS • Multiple deposits tracked across open vein corridor spanning 4km in strike length with large gaps (1.5km) remaining to infill to bridge deposits together as one • The system also remains open to the south, northwest, at dept
Slide 14: Drills Turning
DRILLS TURNING • Fully-funded 20,000 metre, 50 drillhole program utilizing 3 drill rigs (2 core, 1 RC) now underway • In-fill drilling (40 drillholes) on 25-metre centers, is anticipated to convert inferred resources located in the shallower portions of the Bermuda and Merten vein systems into measu
Slide 15: Tonopah West Project Conceptual Mine Layout
Vent Shaft using McKane Shaft Existing Underground Workings Portal Entrance Decline Vent Shaft using West Tonopah Shaft Vent Shaft using Victor Shaft New Vent Raise TONOPAH WEST PROJECT CONCEPTUAL MINE LAYOUT LOOKING SOUTHEAST 0 500 1000 **Technical information relating to the Tonopah West Project i
Slide 16: 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 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 AUGUST 2024|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: 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 24: 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 25: 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 ownership of 100 patented & 279 unpatented mining claims covering 25.5sq km (6,300 acres) in one of largest known high-grade
Slide 26: TSX-V: BRC OTC: BKRRF FSE: AHZ0
TSX-V: BRC www.blackrocksilver.com OTC: BKRRF FSE: AHZ0
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 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 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 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
Blackrock Silver — Investor Presentation (August 2024) on 6ix