For thousands of other reports visit RSC's Mineral Intellingence Map
Blackrock Gold Corp.
Summary
| Project: | Silver Cloud | |
|---|---|---|
| Deposit: | Silver Cloud | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 1/6/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-1-2020: Blackrock Gold Corp. announces an Exploration/Drilling Update report for its Silver Cloud deposit at the Silver Cloud project. Drilling results incl. 1.5m @ 8.32g/t Au from 263.3m. Vancouver, British Columbia--(Newsfile Corp. - January 6, 2020) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: William Howald (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - January 6, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to report assay results and geologic interpretation following a 15 year exploration hiatus on its recently acquired, 100% controlled Silver Cloud project located on the Northern Nevada Rift in Elko County, Nevada. Andrew Pollard, President & CEO, stated, "Our drill campaign, the first completed on the project in almost 15 years, set out to establish the existence of an east-west epithermal vein system at the Silver Cloud mine and Northwest Canyon. The potential for discovery of a bonanza epithermal system on our property, for which the Northern Nevada Rift is renowned, represents a 3- dimensional puzzle that we are trying to solve. The initial results confirm the existence of an epithermal vein system oriented in an east-west direction. This is a crucial step forward in deciphering the mystery of Silver Cloud, and suggests we are well on our way to solving this puzzle. Given the reported gold grades and the trace element geochemistry, we correctly predicted the eastwest structures, but they indicate that the drill encountered them too high in the system. This suggests potential exists for highergrade gold at depth within the boiling zone of this epithermal system. Additional data from drillholes SBC-001, including the bottom 135 meters, and SBC-002 have yet to be received. Assays for drillholes SBC-004 and SBC-005, both of which have significant visible alteration starting at roughly 335 meters are also pending. Hole SBC-005 was by far the deepest of the initial program, going to a total depth of 552 meters, roughly 83 meters beyond the next deepest drillhole (SBC-001). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report