Published: June 26, 2020 |

Blackrock Gold Corp has resumed exploration at its Silver Cloud project in Nevada after work was halted due to the coronavirus pandemic.

The Vancouver-based company reported new assay results from drill hole SBC20-06, which was “crucial” to Blackrock’s understanding of the mineralized structure, CEO Andrew Pollard said in a statement.

SBC20-06 was drilled to intersect the Northwest Canyon east-west zone at depth and intersected a 25.1-metre alteration zone from 426 to 451.1 meters down the hole. Alliteration consisted of quartz and sulphide veinlets ranging between 6 millimeters to more than 100 millimeters over the length of the alteration zone with veinlets occurring every 1.5 to 2.5 meters within the interval, according to a release.

Assay results revealed gold values up to 0.450 parts per million (ppm) gold, and a section measuring 3.5 meters and grading 0.34 grams per tonne gold was returned starting at 426 meters down the hole using a 0.2 gram per tonne gold cutoff. The entire 25 meter zone returned an average grade of 0.121 grams per tonne gold using a 0.1 gram per tonne cutoff.

In a statement, Pollard said that Blackrock’s objectives with SBC-006 included targeting the mineralized structure thought to have been previously encountered too high up in the epithermal system, down dip within the projected boiling zone, and understanding the depth of the Ordovician basement lithologies in area to further define the geometry of the volcanic basin and assist with ongoing and future targeting.

“We were successful in hitting the structure down dip precisely as modeled, though it’s evident we encountered it within a rock package that isn’t ideal for a vein formation,” Pollard told investors.

“This hole has been crucial to us in terms of understanding what this epithermal system looks like at depth, and by identifying the top and bottom of this mineralized zone, we are able to refine our targeting in search of the ‘Goldilocks horizon’.”

Upcoming work on Silver Cloud includes property-wide IP surveys and a detailed mapping and sampling program at the Northeast Veins and Quiver targets. The company is planning a 3,500-meter RC drilling program, consisting of 10-12 drill holes is slated to begin in September.

Source: Proacvtive Investors

About Blackrock Gold
With decades of combined industry experience, Blackrock’s management has a deep understanding of high grade epithermal gold systems. Limited drilling on Silver Cloud has yielded 12.2 meters grading 5.53 g/t gold and 1.5 metres grading 157.7 g/t gold.

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