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Blackrock Gold Drlling Update on Tonopah West

Mining News - Published on Tue, 13 Oct 2020

Image Source: Blackrock Gold Tonopah West
Blackrock Gold Corp announced additional significant reverse circulation drillhole intercepts on its maiden drill program at the 100% controlled Tonopah West project located in the Walker Lane trend of Western Nevada.

HIGHLIGHTS:

Drillhole TW20-017 has delivered the highest-grade intercept of the program to date, cutting 1.5 metres (m) of 26 g/t gold (Au) & 2,030 g/t silver (Ag), or 4,643 g/t silver equivalent (AgEq) within 3.1 metres of 14 g/t Au & 1,070 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 1.5 metres of 2.8 g/t Au and 220 g/t Ag (506 g/t AgEq). Silver:gold ratio is 100:1, using a 300 g/t AgEq cut-off grade

Drillhole TW20-016 connected with a 500 metre step out along the DPB Target with multiple significant intercepts including 1.5 metres of 553 g/t AgEq (3.2 g/t Au, 232 g/t Ag), 1.5 metres of 489 g/t AgEq (4.8 g/t Au/ 5 g/t Ag), and 1.5 metres of 322 g/t AgEq (1.78 g/t Au/ 145 g/t Ag)

Drillholes TW20-011, 012, 013 and 020 are pre-collars for the core tail program. Assays for the core-tail program are pending from Victor Target. The core program is testing 300 metres of strike from where TW20-001 intercepted 29 metres grading 965 g/t AgEq (see news release dated July 20, 2020). This series of drillholes were pre-collared half to two-thirds of the way to the target location using an RC drill. Once hole casing is set, a core drill is employed to complete the drillholes with a “core tail”

Drill program has been expanded to 30,000 metres, and a third drill rig has been mobilized to test the Ohio Target, which represents a third historic mine on the property

13,700 metres in 28 drillholes have been completed to date. Assays for 16 completed drillholes have been released, delivering 14 significant & high-grade intercepts, ranging from 1.5 metres to 29 metres in thickness, with grades from 300 g/t AgEq to 4,643 AgEq. Five of those intercepts assayed at +1kg g/t AgEq

Andrew Pollard, President & CEO commented “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 mineralized 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 mineralization 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 mineralization while we continue to enhance our understanding of the geologic model.”

Source :

Posted By : Yogender Pancholi on Tue, 13 Oct 2020
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