Blackrock Gold Corp (CVE:BRC) (OTCQB:BKRRF) (FRA:AHZ) Monday reported that it has started drilling its flagship Silver Cloud project, a 4500-plus hectare property in Nevada, on the convergence of the Carlin Trend and Northern Nevada Rift.
The company said it will drill up to 3,500 metres in 14 reverse circulation (RC) drill holes across four distinct target areas, with most of the drilling focused on the newly-delineated, yet untested, NE Veins target.
Blackrock Gold believes the target’s geologic setting shares many similarities to Hecla's Hollister mine, an east-west trending series of veins that lies three kilometres to the east. The purpose of this drill program is to determine whether or not Silver Cloud represents the western extension of the Hecla deposit.
Blackrock Gold CEO Andrew Pollard said in a statement: "This is a campaign that we've been looking forward to since we first identified the outcropping veins and geophysical anomaly at the NE Veins target area during the summer of 2019. Untested targets like this, directly adjacent to a prolific, high-grade system in what is the richest gold mining area in North America, are incredibly rare to just stumble upon. Management has always had unwavering belief in the prospectivity of Silver Cloud, in fact, it's the reason why I joined the company in the first place, and armed with a plethora of new data, we're excited to bring the most expansive drill program that the project has seen since 2002."
The company added that drilling is expected to be completed by mid-December, although it will be dependent on the weather.
Blackrock Gold’s 100%-owned Silver Cloud project, which has multi-million-ounce gold potential, consists of 572 claims covering 45 square kilometres and is adjacent to Hecla Mining's Hollister mine, which, in 2018 generated nearly 33,000 ounces of gold and over 172,000 ounces of silver.
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