Blackrock Gold, TSXV:BRC OTC:BKRRF

Some pretty big news today

2021-05-19 10:33 ET - News Release


Mr. Andrew Pollard reports

BLACKROCK ANNOUNCES EQUITY INVESTMENT FROM FIRST MAJESTIC SILVER CORP. AS PART OF C$2.0 MILLION PRIVATE PLACEMENT

Blackrock Silver Corp. has arranged a non-brokered private placement of 2,666,666 units at a price of 75 cents per unit for gross proceeds of $2-million to be conducted concurrently on the same terms and conditions as the bought deal private placement announced May 17, 2021. The company is pleased to advise that First Majestic Silver Corp. has agreed to purchase $1.25-million of the offering. Each unit comprises one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share in the capital of the company at a price of $1.15 for a period of two years from the date the units are issued.

Andrew Pollard, president and chief executive officer of Blackrock, commented: "This strategic investment by First Majestic represents a validation of the potential at our Tonopah West silver-gold project in Nevada. With First Majestic's recent entry into Nevada through their acquisition of the Jerritt Canyon mine and their deep technical bench-strength, they represent an ideal strategic investor as we continue on our path towards delivering our maiden resource estimate. As the footprint of known mineralization continues to expand via the drillbit, both along strike and through the discovery of new veins, this additional funding will allow us to scale up our exploration program."

Some decent results from their gold property, does not look like any fire works though

2021-03-29 07:18 ET - News Release


Mr. Andrew Pollard reports

BLACKROCK REPORTS DRILL RESULTS FROM ITS SILVER CLOUD PROJECT IN NORTHERN NEVADA

Blackrock Silver Corp. has released gold and silver drill intercepts from its 2020 winter drill program on its 100-per-cent-controlled Silver Cloud project located along the Northern Nevada rift in north-central Nevada.

Highlights:

At the Northwest Canyon target drill hole SBR20-007 intersected a significant amount of gold mineralization suggesting the east-west zone continues but the high-grade portion may be off set along a north-northwest to north-south fault.
Drill holes in the northeast veins target were unable to reach the desired lithologies, which aimed to target the volcanic-sediment unconformity, though due to a thicker than modelled volcanic rock package and limited range on the track RC drill, ultimately the Hollister-type target was left untested.
Significant gold mineralization was encountered in the Quiver target, which requires and warrants additional follow-up drilling.
Twelve reverse circulation drill holes were completed in Blackrock Silver's Silver Cloud project between Nov. 10 and Dec. 19, 2020. A total of 3,774 metres (12,381 feet) were drilled within three main targets on the company's claim block in the historical Silver Cloud Mercury district. A Boart Longyear track reverse circulation drill rig was utilized.

This drill program was designed to test multiple target areas through the 45-square-kilometre project including Northwest Canyon, northeast veins area that lays directly adjacent to Hecla's Hollister mine (silver and gold), and the Quiver area in the northwest portion of the project area. Targets consisted mainly of testing surface exposures of banded chalcedony veins. These veins have never been drill tested before.

The 1,650-metre RL (5,500-foot elevation) was the main target horizon because that horizon hosts high-grade ore shoots at the Midas and Hollister mines of which Silver Cloud is on trend. Other targets were geophysical gravity anomalies that were defined in early 2020.

Andrew Pollard, president and chief executive officer, commented: "The purpose of this program was to test primarily new prospective areas throughout this expansive, target-rich property, with the aim to provide us with the crucial data to refine a focused campaign on prioritized areas. The bulk of this drill program was designed to target the newly delineated northeast veins area of the property that sits directly adjacent to Hecla's Hollister vein system, where eight veins had been mapped outcropping at surface, atop a large geophysical and geochem anomaly. Drilling revealed the volcanic rock package in this previously undrilled area was significantly thicker than modelled, and due to the limited range of the track-mounted RC rig, we were unable to hit the targeted structures within the sediment rocks beneath the volcanics. This area remains highly prospective and has yet to be truly tested. At our Quiver target, the company is extremely encouraged by the wide swaths of good grade gold encountered along the eastern margin of what is projected to be the Silver Cloud graben, that shares many similar structural characteristics of the nearby Midas mine, of which this area lines up directly on trend. The recent discovery announced by Hecla on their Green Racer sinter target (see Hecla Mining news release Feb. 18, 2021), two miles east of Midas highlights the prospectivity and multiounce grade potential of which the Northern Nevada rift is renowned."

Vancouver, British Columbia--(Newsfile Corp. - March 15, 2021) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to announce that effective Wednesday, March 17th, 2021 the Company will change its name to Blackrock Silver Corp., to better reflect the silver dominant nature of our flagship Tonopah West silver-gold project located in the Walker Lane trend of the "Silver State" of Nevada. The Company's common shares will continue to trade under the symbol "BRC", the new CUSIP number for its common shares is 09261Q107 and the new ISIN is CA09261Q1072.

There is no consolidation of the Company's share capital in connection with the name change. As a result, shareholders are not required to exchange their existing share certificates for new certificates bearing the Company's new name. The name change does not affect the Company's share structure or the rights of the Company's shareholders, and no further action is required by existing shareholders.

Andrew Pollard, President & CEO, stated, "With four drill rigs at site working towards delivering a maiden resource estimate at Tonopah West in 2021, its evident that within the silver space we have something incredibly unique on our hands. While most think of Nevada as having a massive gold endowment, to this day Nevada is still known as the "Silver State". The Tonopah silver district, second to only the Comstock Lode in terms of historic production, is a large part of that reason. "The Queen of the Silver Camps", as it came to be known, produced 174 million ounces of silver and 1.8 million ounces of gold from approximately 7.5 million tonnes of material, establishing it as one of the most significant silver-gold districts in North America, both in terms of size and grade.1 Our Tonopah West project represents the consolidation of the western half of this prolific district."

Mr. Pollard continued, "The Fraser Institute recently named Nevada as the top mining jurisdiction in the world2 based on investment attractiveness, and when comparing to other notable silver jurisdictions globally, the perceived difference in investor appeal could not be more evident. Mexico and Peru, which are the world's largest producers of silver by a wide margin, ranked 42 and 34 respectively on the same survey, highlighting just how attractive Nevada is within the global framework. According to the Silver Institute, only 29% of silver produced comes from silver primary mines3, and a further 15% is produced as a byproduct from gold mines. The 100 to 1 silver-gold ratio found in the Tonopah silver district makes it a clear standout within a sector where the majority of production comes as a byproduct of base metals mines, which, as they're tied predominantly to other metals, are unable to scale up output to meet any increased demand for silver. By changing our name to better reflect the nature of our flagship asset, we hope to broaden our investor appeal amongst those looking for pure exposure to both high-grade silver & gold in America."

Now we know where some of the selling pressure has come from

Thursday January 21 2021 - News Release

Also Blackrock Gold Corp (C:BRC) News Release

Mr. Mehdi Azodi of Belgravia Hartford reports

BELGRAVIA HARTFORD ANNOUNCES DECREASED POSITION IN BLACKROCK GOLD BELOW 10%

Belgravia Hartford Capital Inc., as a result of open market dispositions made between July 21, 2020, and Jan. 20, 2021, of 2.51 million common shares, no longer holds over 10 per cent of the issued and outstanding shares of Blackrock Gold Corp.

Between July 21, 2020 and January 20, 2021, the Company disposed of 2,510,000 common shares of Blackrock Gold through the facilities of the Toronto Stock Exchange at an average price of $0.88 per Common Share for a total consideration of $2,203,691. Prior to the Transactions that gave rise to Belgravia's obligation to file an early warning report, Belgravia had owned directly 12,260,000 Common Shares representing 11.36% of the issued and outstanding Common Shares of Blackrock Gold and continues to hold 1,000,000 common share purchase warrants exercisable at $0.30 until January 30, 2022 (the "Warrants"). As a result of the Transactions, Belgravia owns 9,750,000 Common Shares being 9.04% of the issued and outstanding shares on a non-diluted basis. As a result of the Transactions, the Company has decreased its holdings in Blackrock Gold by 2.32%. If all of the Warrants were exercised, Belgravia would own, directly or indirectly, or exercise control or direction over, approximately 9.96% deemed beneficial shareholding percentage.

The Blackrock Gold shares were sold for investment purposes. Liquidating these common shares provided Belgravia the opportunity to increase other key security holdings we feel are undervalued. In accordance with applicable securities laws, Belgravia may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments (collectively, "Securities") of Blackrock Gold in the open market or otherwise, and reserves the right to dispose of any or all of its Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of Blackrock Gold and other relevant factors.

I bought more stock in the 60s, great price with a major high grade silver discovery underway. News yesterday was very strong again

2020-12-03 10:05 ET - News Release


Mr. Andrew Pollard reports

BLACKROCK REPORTS MULTIPLE SIGNIFICANT INTERCEPTS INCLUDING 3M OF 2,238 SILVER EQ AND INITIATES RESOURCE DEFINITION PROGRAM ON THE DPB TARGET AT TONOPAH WEST

Blackrock Gold Corp. has released additional high-grade gold and silver drill intercepts from its Denver, Paymaster and Bermuda (DPB) target on the 100-per-cent-controlled Tonopah West project located in the Walker Lane trend of western Nevada.

Highlights:

TW20-037 cut three metres returning 10.5 grams per tonne gold and 1,188 g/t silver, or 2,238 g/t AgEq, along the Merton vein and indicates 290 m of dip potential. Silver-to-gold ratio is 100:1 using a 200 g/t AgEq cut-off grade.

TW20-027 drilled 12.2 m grading 297 g/t AgEq at the Bermuda-Merton vein intersection.

TW20-022 intersected 4.5 m grading 285 g/t AgEq on the Paymaster vein.

Drilling defines mineralization over 300 m along the Paymaster vein.

All DPB veins are open to the east and west, as well as up and down dip.

A resource definition program is being co-ordinated to deliver an initial resource on DPB by year-end 2021.

Additional assays are pending from the DPB and Victor targets.

More high grade intercepts reported today

BLACKROCK REPORTS MULTIPLE HIGH-GRADE GOLD & SILVER INTERCEPTS AND DISCOVERS NEW VEIN ZONE AT THE VICTOR TARGET AT TONOPAH WEST

Blackrock Gold Corp. has drilled multiple high-grade gold and silver core intercepts at its Victor target on the 100-per-cent-controlled Tonopah West project located in the Walker Lane trend of western Nevada.

HIGHLIGHTS:

At the Victor Target, a high-grade, multi-vein gold and silver zone has been drill-defined within an area 210 by 150 metres, and remains open to the west and down dip;

Drillhole TW20-020C encountered 19 g/t gold and 1,634 g/t silver (3,534 g/t AgEq) over 0.9 metres near its target destination; however, it was abandoned at historic mine workings. (Silver:gold ratio is 100:1 using a 300 g/t AgEq cut-off grade);

Drillhole TW20-031C cut 2.9 metres grading 1081 g/t AgEq; this intercept potentially represents a new vein system to the north of the Victor Target. This intercept connects with drillhole TW20-021C which hit 3.0 metres of 785 g/t AgEq. The two drillholes are separated horizontally by190 metres;

24,000 metres in 48 drillholes are completed to date. Assays for 24 drillholes have been released, delivering 22 significant and high-grade intercepts ranging from 1 to 29 metres in thickness, with grades from 300 to 4,643 g/t AgEq. Sixteen intercepts have assayed at +500 g/t AgEq, with seven assayed at +1,000 g/t AgEq; and,

Assays from the Ohio, DPB, and Victor Targets are pending at this time.

Andrew Pollard, President & CEO commented, "We continue to hit absolutely phenomenal grades with our drilling as the mineralized zone at Victor Target expands, and a new high-grade vein zone has been identified. As the first group to target this historic mine since production shut down in 1930 due to low metals prices, we have refined our geologic model of the thick mineralized structure encountered in drillhole TW20-001 (29 metres grading 965 g/t AgE) and now believe the mineralized structure dips at a steeper angle than previously anticipated. We see significant expansion opportunities at this target, as we do our best to "thread the needle" around the historic workings with the drillbit to hit this structure down-plunge. In addition, with the large Pittsburg-Monarch fault encountered on the western extent of this significant, multi-vein, drill-defined zone, we also see significant expansion potential to the west should we be successful in targeting the offset vein system. With a number of completed drillholes pending assays from multiple target areas, we expect continuous newsflow through the end of the year."

been quiet here, looks like the stock is bottoming out, good buy level here

More great drill results this morning

2020-09-01 08:05 ET - News Release


Mr. Andrew Pollard reports

BLACKROCK GOLD MAKES SECOND DISCOVERY DRILLING 2,215 G/T SILVER EQ. OVER 3.0 METRES WITHIN 4.6 METRES OF 1,577 G/T SILVER EQ. AT TONOPAH WEST

Blackrock Gold Corp. has provided an update on its maiden drill program at the 100-per-cent-controlled Tonopah West project located in the Walker Lane trend of western Nevada.

HIGHLIGHTS:TW20-006 at the Paymaster vein returned 1,577 g/t silver equivalent (AgEq) over 4.6 metres including 3.0 metres grading 2,215 g/t AgEq. TW20-006 also intersected a second vein yielding 1.5 metres of 1,670 g/t AgEq.;The Denver vein assayed 1.5 metres grading 345 g/t AgEq in drillhole TW20-005, and TW20-004 yielded 1.5 metres grading 245 g/t AgEq; Though TW20-007 experienced significant deviation from the targeted Bermuda vein, it still intersected 1.5 metres grading 387 g/t AgEq of a previously unknown vein. The Denver, Paymaster, and Bermuda ("DPB") veins, in addition to the new vein encountered, represent the Company's DPB Target; Yielding 1.5 metres grading 329 g/t AgEq from the Merger vein, RC drillholes TW20-003 and TW20-002 experienced severe deviation to the east missing the main Victor target. A core drill rig has completed two of five planned additional drillholes at this target to delineate approximately 300 metres of strike along the Victor vein.; The first drillhole at the New Discovery Target, TW20-008, returned 562 g/t AgEq over 1.5 metres from the steeply dipping Discovery Vein.; andDrilling continues to ramp up with 10,000 metres of a planned 20,000 metre initial program now complete, with two drill rigs (core and RC) being utilized.

The Company is approaching 10,000 metres of drilling in 19 RC and 2 core drillholes across the Victor, DPB, and Discovery targets. This initial program, originally slated to consist of 7,000 metres of drilling, has been expanded to 20,000 metres following the successful targeting of drillholes TW20-001, TW20-003, TW20-005, TW20-006 and TW20-008.

Next drill news should be out soon, anyone hear anuthing??

Here is the weekly cloud chart, it broke above the cloud in May and has been in an uptrend since. Some consolidation could be in order, but if next drill results are good, away we go again.

up another 17 cents at open. I bought more yesterday and enjoying the ride

Alex, great news, holding a large gain in this one