Blackrock Gold, TSXV:BRC OTC:BKRRF

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1 year 1 month ago #125337 by alexgreat
alexgreat replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Wow, great news with a big silver hit, stock up strongly

Mr. Andrew Pollard reports

BLACKROCK DRILLS 3 METRES OF 2,198 G/T SILVER EQ. IN NEW VEIN AND EXTENDS VICTOR VEIN DOWN PLUNGE WITH 29 METRES GRADING 965 G/T SILVER EQ. ON THE TONOPAH WEST PROJECT

Blackrock Gold Corp. has released initial drill results from the Victor target on its 100-per-cent-controlled Tonopah West project, located in the Walker Lane trend of western Nevada.

Highlights:

Drill hole TW20-001 intersected a new vein yielding three metres grading 2,198 grams per tonne silver equivalent (silver:gold ratio of 100:1), using a 400 g/t silver equivalent cut-off grade.

Drill hole TW20-001 also extended the Victor vein 30 metres down plunge with the intersection of 965 g/t silver equivalent over 29 metres.

Two additional drill holes are completed at the Victor vein target to test the down plunge extension (assays pending).

A core drill is being mobilized to site to follow up on TW20-001's outstanding results.
Drilling is continuing at the Denver/Paymaster/Bermuda (DPB) target, with three of eight drill holes completed and one in progress.

The New Discovery and Ohio vein targets remain untested at this time.

Andrew Pollard, president and chief executive officer, commented: "As the first group to target the historic workings within this prolific, historic silver district in the heart of Nevada, our first drill hole, having encountered multiple significant high-grade veins, is nothing short of remarkable. With six drill holes now completed in two distinct target areas, we are incredibly encouraged, as our modelling of the vein systems appears to line up as predicted. Given these encouraging initial results, we are mobilizing a core drill rig and expanding our initial drill program beyond the previously envisioned 7,000 metres."

Three reverse circulation drill holes are complete in the Victor vein area targeting the down-plunge extension of a mineralized shoot that is 20 metres wide, 200 metres long and open down plunge. Drill hole TW20-001 is the first of three drill holes to test this target.

TW20-001 targeted the down-plunge extension of the Victor vein silver and gold zone. The drill hole intersected this zone which dips 45 degrees to the northwest starting at 574.5 metres down the drill hole. The drill hole was designed to intersect the zone 50 metres down plunge; however, it intersected at 40 metres due to deviation. The drill hole terminated unexpectedly in historic workings. The workings indicate mining of the zone in the 1920's may have continued if not for technical issues apparently caused by unreliable power to pump the water.

In addition, two previously unknown veins were intersected above the main Victor zone. The first returned three metres grading 465 g/t silver equivalent, and the second yielded three metres grading 2,198 g/t silver equivalent. All zones carried quartz vein material with black sulphides associated with the quartz veins.

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1 year 1 month ago #125332 by lynnsa10
lynnsa10 replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Anxious for the news, hold a good position

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1 year 1 month ago #125326 by Gambler
Gambler replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Blackrock halted for news since Friday. Fingers crossed for big drill hit

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1 year 3 months ago #125154 by alexgreat
alexgreat replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Lets see if drill news gives us the break out

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1 year 3 months ago #125153 by RonS
RonS replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Blackrock Gold TSXV:BRC drilling in Nevada - stock near break out


I put a post on Linkedin. They are drilling two projects in Nevada, Silver Cloud and Tonopah West in the Walker Lane trend of Nevada.


At Silver Clound, BRC completed 5 drill holes last fall. The 3.93-g/t and 8.32 g/t gold intervals in SBC19-001 and SBC19-002 over 0.8 metre and 1.5 metres respectively, of which are 1.5 kilometres apart, are interpreted to be within the upper levels of the epithermal system. In March they completed the deepest drill hole (678 metres), SBC20-006, at the Northwest Canyon target on its Silver Cloud project, This will test down dip and results out any time.



They are planning a June drill program at Tonopah West, which is a project combined of numerous claim blocks brought under one ownership for the first time. This is in a historic and prolific silver district. They announced a $2.75M financing at $0.20 and increased to $4.5 M because of high demand. This stock is going to see lots of activity and drill news. It looks like the stock is poised to breakout.

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1 year 6 months ago #124640 by alexgreat
alexgreat replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
stock halted this morning. must be drill news coming out

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1 year 7 months ago #124550 by Hoss
Hoss replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Clouds look good, but might come to a decisive point in 1 or 2 weeks if the stock continues sideways. Or it could just move higher an no issue?

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1 year 7 months ago #124500 by GoldnBoy
GoldnBoy replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Despite the share price being a little soft lately, BRC is progressing well with 20 cent financing

Mr. Mehdi Azodi of Belgravia reports

BELGRAVIA ANNOUNCES ACQUISITION OF SECURITIES OF BLACKROCK GOLD

On Jan. 30, 2020, Belgravia Hartford Capital Inc. acquired two million units of Blackrock Gold Corp. pursuant to a private placement. Each unit consisted of one common share and one-half common share purchase warrant of Blackrock Gold, each whole warrant entitling the holder to acquire one additional common share until Jan. 30, 2022, at an exercise price of 30 cents per share.

The units were purchased at a price of 20 cents per unit for total consideration of $400,000. The common shares acquired by Belgravia Hartford represent approximately 3 per cent of the issued and outstanding common shares of Blackrock Gold. Mehdi Azodi, Belgravia's president and chief executive officer, stated, "Belgravia is confident in the leadership at Blackrock Gold and further due diligence supports the advancement of the Silver Cloud project in Nevada."

John Stubbs, Belgravia's board chairman, stated, "The recent positive drilling results in Nevada by Blackrock Gold would underscore the case for additional work to be undertaken, to further develop the Silver Cloud project."

Prior to this acquisition, Belgravia Hartford directly owned 9.78 million common shares of Blackrock Gold and 2.64 million warrants for a total deemed beneficial ownership of 12.42 million common shares of Blackrock Gold, representing 18.9 per cent of the deemed outstanding shares. After the completion of the private placement, Belgravia Hartford now directly owns 11.78 million common shares representing approximately 17.8 per cent of the issued and outstanding common shares, together with warrants to acquire an aggregate of 3.64 million common shares of Blackrock Gold. If Belgravia Hartford were to exercise these convertible securities, the company would own 15.42 million common shares of Blackrock Gold, representing approximately 22.2 per cent of the issued and outstanding common shares deemed outstanding as of such date. This represents a decrease of 2 per cent since its previous early warning report filed on Aug. 19, 2019, of a beneficial shareholding of 24.2 per cent.

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1 year 7 months ago #124488 by Gambler
Gambler replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
January 30, 2020) - Blackrock Gold Corp. (TSXV: BRC) ("Blackrock" or the "Company") is pleased to announce the closing of the first tranche of its non-brokered private placement previously announced on January 10, 2020. The Company issued a total of 2,685,000 units of the Company ("Units") at a price of $0.20 per Unit for gross proceeds of $537,000 (the "Private Placement"). Each Unit consisted of one common share of the Company ("Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.30 until January 30, 2022.

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1 year 7 months ago #124413 by RonS
RonS replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Great video, from yesterday, must watch

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1 year 8 months ago #124254 by alexgreat
alexgreat replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
Has been quiet here

Vancouver, British Columbia--(Newsfile Corp. - January 10, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 7,500,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of up to $1,500,000. Each Unit is comprised of 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 $0.30 per share for a period of two years from the date the Units are issued.

The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. The common shares to be issued under the Offering will have a hold period of four months and one day from the closing. The net proceeds of the Offering will be used by the Company to fund the initial 2020 drilling program and exploration work on the Company's Silver Cloud property, and general working capital.

The Company may pay finder's fees on a portion of the Offering of up to 6% in cash and, for subscriptions exceeding $250,000 in the aggregate or from institutional investors, finder's warrants equal to 4% of such Units placed by the finder, exercisable for a two-year term at a price of $0.30 per common share.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States absent an exemption from registration.

Initial 2020 Exploration Program

The highlights of the Company's next exploration program for its 100% controlled low sulphidation epithermal Silver Cloud project located on the Northern Nevada Rift in Elko County, Nevada are as follows:

Immediately mobilize core drill to site to follow up on positive drill results received from core holes SBC19-001 and SBC19-002 (see news release dated January 6, 2020), testing the extent of the mineralised system at depth in search of the boiling zone;

Assemble geophysical crew to complete induced polarization survey between the Northwest Canyon through the Silver Cloud mercury mine to the eastern property boundary to capitalize on gold-bearing sulphide filled structures and felsic intrusives along the 5-kilometre trend;

Coordinate induced polarization survey over NE Veins target to aid in targeting maiden drill program;

Property-wide gravity survey to infill existing survey and gain better resolution on structural orientations and altered flow dome locations;

Complete mapping, sampling and drillhole targeting at the Northeast Veins and Quiver targets; and

Commence maiden drill program at NE Veins target consisting of up to 3,000m of reverse circulation (RVC) drilling in six holes.

Andrew Pollard, President & CEO of the Company stated "With gold assays from drillholes SBC19-001 and SBC19-002 in hand serving as a proof of concept confirming the east-west orientation of the mineralised vein system at Silver Cloud, we are eager to hit the ground running in 2020 by following up on these exciting gold results and searching for bonanza gold grades that may lurk at depth. With a better understanding of the structural orientation of the system and the significant presence of sulphides encountered in our initial drill program, we want to enhance our targeting of the deep-seated structures at the Silver Cloud mine area and at our NE Veins target using gravity and IP geophysics. The NE Veins target, sitting adjacent to Hecla's Hollister mine and encompassing eight known outcropping veins atop a 1300m by 800m geochemical and gravity geophysical anomaly, is slated for its maiden drill program by summer. We are in one of the most productive gold mining districts in Nevada with the surrounding deposits revered for their high grades, and we have an abundance of high-potential targets. We are eager to build upon our initial success at Silver Cloud and look forward to what 2020 brings."

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1 year 9 months ago #123975 by GoldnBoy
GoldnBoy replied the topic: Blackrock Gold, TSXV:BRC OTC:BKRRF
looks like a bottom around $0.20

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