Successfully Steps Out Tonopah West
Blackrock Gold Corp. (TSXV: BRC) has receives additional significant reverse circulation (RC) drillhole intercepts on its maiden drill programme at the 100% controlled Tonopah West project located in the Walker Lane trend of Western Nevada.
Drillhole TW20-017 has delivered the highest-grade intercept of the programme to date, cutting 1.5m of 26 g/t gold and 2030 g/t silver, or 4,643 g/t silver equivalent (AgEq) within 3.1m of 14 g/t Au an 1070 g/t Ag (2,466 g/t AgEq) on the Merton vein which is part of the DPB Target vein system.
TW20-17 delivered a second significant intercept, drilling 1.5m of 2.8 g/t Au and 220 g/t Ag (506 g/t AgEq.
Drillhole TW20-016 connected with a 500m step out along the DPB Target with multiple significant intercepts including 1.5m of 553 g/t AgEq (3.2 g/t Au, 232 g/t Ag), 1.5m of 489 g/t AgEq (4.8 g/t Au/ 5 g/t Ag), and 1.5m of 322 g/t AgEq (1.78 g/t Au/ 145 g/t Ag).
President and CEO, Andrew Pollard, said management had high expectations going into our maiden round of drilling, though as initial assay results continue to roll in, it’s clear we may have underestimated the project’s potential.
“These results from the DPB Target not only continued to highlight the bonanza grades for which this historic district was renowned, but have now extended the mineralised vein corridor a further 500m along strike from where historic production shut down roughly 90 years ago.
“The Denver, Paymaster and Bermuda (DPB) high-grade veins that were historically mined together, represented the last producing mine in the district prior to shutting down due to low metals prices at the onset of the Great Depression.
“As the first group to target the historic workings, we are excited to not only confirm that high-grade mineralisation remains where production left off, but more consequentially, that the system extends substantially beyond and remains open.
“With assays showing 14 significant intercepts from the 16 drillholes reported thus far, we’re seeing tremendous leverage via the drill bit at what is just the very beginning of our maiden program at the project. “With three drill rigs now at site and roughly 30,000 metres of drilling planned through the end of the year, we are focused on expanding the footprint of known mineralisation while we continue to enhance our understanding of the geologic model.”