Blackrock Gold Corp. Plans Additional Geophysical and Geochemical Program This Fall at Silver Cloud Project

Blackrock Gold Resources (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (the “Company”) is pleased to announce that a review and study of the Silver Cloud property geophysical data has been conducted by Consulting Geophysicist Jim Wright of Elko, Nevada. Geophysical data over the Silver Cloud property, compiled by Wright (2018), has been analyzed and additional data including historic gravity, magnetic, CSAMT and Airborne Surveys conducted during the last 20 years are also included in the analysis.

The review and interpretation by Jim Wright indicates that property scale gravity data are dominated by lithologic responses and a large-scale gravity low. Furthermore, a compelling gravity low also correlates with the Silver Cloud deposit, the geologic source surmised to be advanced argillic alteration around and beneath the deposit. Several other similar gravity lows were recorded in the vicinity.

Airborne magnetic data covers the entire property, with lithological responses imparting considerable variation in the magnetic pattern. The most interesting feature is a magnetic high extending south-southeast from the Silver Cloud mine and termed the Silver Cloud Structural Zone (SCSZ). This magnetic high is likely produced by dikes filling a Northern Nevada Rift structural element.

Numerous small areas of silica alteration are interpreted from the CSAMT sections, as well as a myriad of small-scale structures. This is confirmed by examination of the geologic map. The most important guides to direct targeting of gold mineralization, based solely on the geophysics, are the inferred hydrothermal feeders proximal to larger-scale structures.

After a review of Jim Wright’s Report -Silver Cloud Geophysical Analysis-2018 GIS Data Base and the geochemical data collected in May 2018, the Company believes more surface technical work is warranted prior to a drill program to optimize success. After careful consideration and review, the company will perform additional surface and technical work including an extensive geochemical survey and additional geophysical survey in 2018. Blackrock Gold will finalize plans to start drilling the Silver Cloud project once this work is completed.

“We are glad to have the geophysical review and interpretation completed by Jim Wright,” stated Blackrock Gold CEO Greg Schifrin. “The information will help provide a better understanding of the geology, structure and alteration at Silver Cloud as we advance toward conducting additional surface exploration work on Silver Cloud project this fall in preparation for drilling.”

About Blackrock Gold

Blackrock Gold Corp is a discovery-driven junior exploration company focused on uncovering the next big economic gold deposit. Anchored by a seasoned Board, the Company is focused on blue-sky opportunities, with an aim to acquire large-scale land packages that are in prolific gold belts within stable jurisdictions.

For further information, please contact:

Gregory L. Schifrin, Chief Executive Officer
Blackrock Gold Corp.
Email: gschifrin@blackrockgoldcorp.com
Phone: 1 – 208-290-1180
Website: www.blackrockgold.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.

Forward-looking statements are generally identifiable by the use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to the ability of the Company to attract financing and the general market conditions of the industry in which the Company operates and the other factors discussed in the sections relating to risk factors discussed in the Company’s continuous disclosure filings on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

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