Blackrock Silver Corp · TSXV:BRC
Blackrock Silver — Investor Presentation (November 2022)
34 slides from Blackrock Silver's investor presentation, November 2022
Slide 1: Re-awakening One of the Great American Silver Camps
RE-AWAKENING ONE OF THE GREAT AMERICAN SILVER CAMPS NOVEMBER 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 • Situated on patented claims, project represents the western extension of the famed Tonopah silver district with control over more th
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% Blackrock 1,025.0% Eric Sprott 3500% SILJ - Prime Junior Silver Miners Index 14.7% SSI A.M. 3000% Silver Price (US$) 23.6% BRC Gold Price (US$
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 November 31, 2022) 567% 370% 309% 294% 288% 222% 212% 207% 189% 140% 60% 38% 33% Reta Institutional: 52% -6% -8% -23% -26% -32% -32% -49% -60% -62%
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: Silver Explorers/Developers by Grade & In Situ Multiples
SILVER EXPLORERS/DEVELOPERS BY GRADE & IN SITU MULTIPLES $6.00 Primarily Ag-Au deposits Ag - Au – polymetallic deposits SilverCrest $5.00 EV/Resources (US$/oz AgEq) $4.00 $3.00 $2.00 New Pacific Silver Tiger Vizsla Silver One Prime Defiance Kuya Silver Blackrock Reta Institutional: 52% $1.00 AbraSil
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 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 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. 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 12: 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 13: 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 14: Clear Resource Expansion Potential
CLEAR RESOURCE EXPANSION POTENTIAL Tonopah West drillhole location map showing the location of drillholes mentioned in Oct 22 news release (green dots) • Step-out drilling continues to expand the mineralized footprint well beyond the April 2022 resource boundary and remains open to the south, northw
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 November 2022 |15
Slide 16: 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 November 2022 |16
Slide 17: 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 November 2022 |17
Slide 18: Tonopah North
TONOPAH NORTH • Large land package consists of 260 unpatented mining claims covering 20 sq km adjacent to Tonopah West vein system. • A 9,000 metre RC drill program was completed, the results of which demonstrate significant lithium potential over a considerable area • Lithium values up to 1,217 ppm
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: Infrastructure, Electricity, Casinos..
Infrastructure, Electricity, Casinos.. TONOPAH WEST PROJECT 20 November 2022 |20
Slide 21: 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 22: 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 23: Similar Trends & Depths
SIMILAR TRENDS & DEPTHS BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 November 2022 |23
Slide 24: 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 25: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 November 2022 | 25
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 November 2022 |25
Slide 26: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 November 2022 | 26
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 November 2022 |26
Slide 27: BLACKROCKSILVER.COM | TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 November 2022 | 27
BLACKROCKSILVER.COM| TSX-V: BRC | OTC: BKRRF | FSE: AHZ0 November 2022 |27
Slide 28: 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 29: 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 30: Leadership
LEADERSHIP Tony Wood Andrew Kaip David Laing Director Director Lead Director Tony Wood currently serves as Chief Financial David Laing is a mining engineer with 40 years of Officer of Aurania Resources Inc. Mr. Wood’s Mr. Kaip brings over 25 years of experience within the experience in the industry.
Slide 31: 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 32: TSX-V: BRC OTC: BKRRF FSE: AHZ0
TSX-V: BRC www.blackrocksilver.com OTC: BKRRF FSE: AHZ0
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 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 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 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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