Resource Expansion Program At The Tonopah West Project

VANCOUVER – Blackrock Silver Corp. reported on its Resource Expansion Program showing significant width and high-grade silver and gold drill intercepts in step-out drilling at the Tonopah West project, located in Nye and Esmeralda Counties, Nevada. The resource expansion program at Tonopah West consisted of 18 drillholes totalling 10,802 metres (35,438 feet) of drilling, targeted expansion potential along a one-kilometre northwest trend between the Denver-Paymaster and Bermuda-Merten vein groups (DPB) south resource area and the Northwest (“NW”) Step Out resource area.

The aim of the Resource Expansion Program is to increase the size of the Tonopah West resource footprint and to allow evaluation and inclusion of the NW Step Out resource in an updated preliminary economic assessment to be completed on Tonopah West. This final batch of assay results from the Resource Expansion Program tracked high-grade gold and silver mineralization across significant widths spanning 500 metres from the existing DPB resource area to the northwest.

Andrew Pollard, President and Chief Executive Officer, said, “Final assays from our Resource Expansion Program have confirmed thick, high-grade silver and gold mineralization extending 500 metres beyond the current DPB resource, with standout intercepts including 10.1 metres grading 467 g/t AgEq and 11.6 metres of 327 g/t AgEq. These results reinforce the scale and continuity of the NW vein system and underscore the strong potential to materially expand the resource and extend mine life at Tonopah West. With our geologic model in hand, drill targeting is now underway for the remaining 500-metre gap of vein corridor that aims to fully bridge mineralization to our NW Step Out deposit.”