Blackrock Gold Corp (CVE:BRC) (OTCMKTS:BKRRF) reported that recent drill intercepts from the eastern border of the Tonopah West gold and silver project in Nevada show that the Victor vein target extends the project`s strike length 480 metres to the east.
The company said core drilling along strike of the Victor/Murray vein returned results that included 1,079 grams per tonne (g/t) silver equivalent (5.19 g/t gold and 560 g/t silver) over a 0.9 metre (m) interval, in addition to 582 g/t silver equivalent over 0.7 metres.
Blackrock noted that it is awaiting additional assays from further drill holes from this target area.
READ: Blackrock Gold continues to hit "phenomenal grades" at its Tonopah West project in Nevada
Blackrock Gold, which is on a quest to make an economic discovery, is focused on exploration and development of its Nevada portfolio of properties consisting of low-sulphidation epithermal gold and silver projects located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.
In late November, the company announced what it called “phenomenal grades” from the Victor Target, which included 19 g/t gold and 1,634 g/t silver over 0.9 m.
The Victor Target is a multi-vein gold and silver zone that has been drill-defined within an area 210 by 150m, and remains open to the west and down dip.
Blackrock also recently reported drill results from the Denver, Paymaster and Bermuda (DPB) targets at Tonopah West, which returned three metres of 10.5 g/t gold and 1,188 g/t silver (2,238 g/t silver equivalent) along the Merton vein.
Blackrock Gold secured a four-year purchase option in April for the brownfield Tonopah West project in a US$3 million deal with Ely Gold Royalties Inc. The project includes an historic mine that shut down production in 1930 due to low metals prices.
Contact Sean at sean@proactiveinvestors.com