One of Blackrock Gold Corp.’s (TSXV:BRC) drill holes showed two massive silver intercepts
Bob Moriarty | July 23, 2020 | SmallCapPower:Blackrock Gold Corp. (TSXV:BRC) announced the first drill results from their latest program at their 100% controlled Tonopah West silver project in Nevada.
(The following is an article originally published on 321gold.com on July 22, 2020)
Hole TW20-001 showed two massive silver intercepts. The highest grade was the 2,198 g/t Ag over 3.04 meters.
Another layer that was the actual target of the drill hole reported 29 meters of 965 g/t Ag where it intersected the Victor silver vein.
No wonder the shares were up 102% on the day.
The company has about 20 million warrants outstanding with an average exercise price of $0.25 and some warrants can be forced so the company can count on having another $5 million brought in.
It might be time to change the name of the company from Blackrock Gold to Blackrock Silver because they just brought the Tonopah silver district back to life in a bigly way.
Blackrock is an advertiser. I have participated in several private placements so naturally I am biased. Their website is pretty good and presentation excellent.
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