viewBlackrock Gold Corp

Blackrock Gold says Victor Target drilling at Tonopah West project has confirmed its model

The Victor target remains open down dip and 480 metres along strike to the project's boundary to the east

Blackrock Gold Corp -
At Tonopah, the focus is on a resource definition program consisting of 30,000 metres and deliverimng an initial resource on the historic DPB mine target in Q4 2021

Blackrock Gold Corp (CVE:BRC) (OTCMKTS:BKRRF) has reported more high grade drill results from drilling at its Victor Target at its Tonopah West project in western Nevada, which have confirmed the company's geological modelling.

The Victor target remains open down dip and 480 metres along strike to the project's boundary to the east. It is one of several targets at the project, and lies 800 meters east of the Denver, Paymaster and Bermuda (DPB) high-grade vein target, which were historically mined together.

READ: Blackrock Gold announces a 480 metre extension of the Victor vein at the Tonopah West project in Nevada

Blackrock said that this year, exploration will scale up to three diamond core drills and one reverse circulation (RC) rig for a planned 40,000m campaign.

The focus will be a resource definition program consisting of 30,000 metres and will deliver an initial resource on the historic DPB mine target in Q4 2021, the firm added.

"With six months of core drilling now under our belt at Victor, it is these new assay results that management are most excited about as they represent what has been the missing link for us thus far, a confirmation that our model of the structural controls of the system is correct having hit the thick mineralized zone again as predicted," said Andrew Pollard, CEO of Blackrock, in a statement.

"With our geologic model now validated, it is evident that significant exploration potential remains within this target."

One hole confirmed the geologic model by successfully intersecting the Murray vein 60 metres down dip from where another hole had encountered 29 metres (m)grading 965 grams per ton (g/t) of silver-equivalent, Blackrock noted.

Another hole cut 3.11m grading 386 g/t silver-equivalent (198 g/t silver and 1.88 g/t gold), including 0.31 metres of 1,121 g/t silver-equivalent (571 g/t silver and 5.5 g/t gold), the company said.

"Intersecting this thick zone of gold and silver mineralization not only demonstrates the high-grade nature and continuity of the vein, extending it along strike and down-dip, but it also indicates we now have a solid grasp of the orientation of the structure itself," said Pollard.

Blackrock noted that assays for a further 12 drillholes are pending from the Tonopah West project.

The explorer is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold and silver projects, which lie on the established northern Nevada rift in north-central Nevada and the Walker Lane trend in the west of the state.

Contact the author at giles@proactiveinvestors.com

Quick facts: Blackrock Gold Corp

Price: 0.68 CAD

Market: TSX-V
Market Cap: $83.21 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Blackrock Gold Corp named herein, including the promotion by the Company of Blackrock Gold Corp in any Content on the Site, the Company...


Blackrock Gold drilling program turns up more high-grade gold and silver...

Blackrock Gold (CVE: BRC- OTC: BKRRF) CEO Andrew Pollard joined Steve Darling from Proactive with news the company announced additional high-grade gold and silver intercepts at their Tonopah west. Pollard telling Proactive these targets are coming from the Denver, Paymaster, and Bermuda...

on 4/12/20

3 min read