Kobo Resources Reports Strong Gold Intercepts of 8.0 m at 2.07 g/t Au and 8.0 m at 2.16 g/t Au and Improves Structural Understanding at Kossou

Kobo Resources Reports Strong Gold Intercepts of 8.0 m at 2.07 g/t Au and 8.0 m at 2.16 g/t Au and Improves Structural Understanding at Kossou

 
  •   Latest diamond drill results confirm strong gold continuity across the Jagger Shear Zone, with 8.0 m at 2.07 g/t Au and 8.0 m at 2.16 g/t Au  
  •  
  •   Improved understanding of structural controls and geology supports expanding mineralised zones at the Jagger Zone target  
  •  
  •   All four holes intersected gold-bearing shear structures, validating the Company's exploration model and highlighting near-surface potential  
  •  

 

 Kobo Resources Inc. (" Kobo" or the " Company ") ( TSX.V: KRI ) is pleased to announce results from the first four diamond drill holes of the Company's current exploration program at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire, West Africa. The new holes targeted the Jagger Zone and returned multiple high-grade gold intercepts while significantly improving the Company's understanding of the geology and structural controls that host mineralisation across this priority target.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515086295/en/  

 
 Figure 1: Jagger Zone Diamond Drill Results and Collar Location Map

Figure 1: Jagger Zone Diamond Drill Results and Collar Location Map

 

 

Jagger Zone Diamond Drill Results Highlights:

 
  •   KDD0076  
    •   2.0 metres ("m") at 4.13 g/t Au from 38.0 m
    •  
    •   2.0 m at 2.66 g/t Au from 45.0 m
    •  
    •   6.0 m at 1.20 g/t Au from 54.0 m
    •  
    •   4.0 m at 0.70 g/t Au from 98.0 m
    •  
  •  
  •   KDD0077  
    •   10.0 m at 1.13 g/t Au from 34.0 m
    •  
    •   8.0 m at 2.07 g/t Au from 56.0 m , including 3.0 m at 4.23 g/t Au from 61.0 m
    •  
    •   2.6 m at 1.17 g/t Au from 83.0 m
    •  
    •   5.0 m at 1.88 g/t Au from 185.0 m
    •  
  •  
  •   KDD0078  
    •   3.0 m at 3.08 g/t Au from 55.0 m, including 1.0 m at 6.95 g/t Au from 56.0 m
    •  
    •   6.0 m at 1.64 g/t Au from 64.0 m, including 1.0 m at 8.47 g/t Au from 64.0 m
    •  
    •   7.3 m at 1.63 g/t Au from 95.0 m, including 1.0 m at 8.62 g/t   Au from 95.0 m
    •  
  •  
  •   KDD0079  
    •   8.0 m at 2.16 g/t Au from 45.0 m, including 2 m at 5.20 g/t Au from 48.0 m
    •  
    •   8.4 m at 1.64 g/t Au from 61.0 m, including 5.4 m at 2.23 g/t Au from 64.0
    •  
    •   7.5 m at 0.99 g/t Au from 108 m
    •  
    •   14.0 m at 0.87 g/t Au from 198.0 m, including 10 m at 0.96 g/t Au from 199.0 m
    •  
  •  

Edward Gosselin, CEO and Director of Kobo commented: "We continue to deliver strong results at our Kossou Gold Project . Our latest drill results strengthen our understanding of the continuity of gold mineralisation at the Jagger Zone and continue to validate the broader structural model we've been developing at Kossou. In addition, new intercepts indicate additional mineralisation in the footwall of the Jagger Shear Zone within "Jagger Structure 6" and additional drilling is warranted to further define this target."  

 

He continued: "Gold mineralisation at the Jagger Zone occurs within an approximately 70-m wide zone of shearing and is closely associated with the quartz feldspar porphyry and diorite intrusives within the basalts, part of an overall 200 m wide deformation zone that has been mapped the length of the Jagger-Road Cut Zone area. This improved understanding of the structural controls gives us greater confidence in our ability to define additional mineralised zones and strategically advance the project going forward. As our 2025 diamond drilling campaign progresses, we remain focused on uncovering additional near-surface mineralization as we work to unlock the broader potential of Kossou."  

 

Drill hole KDD0077 , completed on Jagger Section JZ650 , was drilled to test the continuity of mineralisation between previously drilled in holes KRC006 and KRC007 ( see press release July 24, 2023 ). The hole successfully confirmed the predicted continuity of the Jagger Shear Zone and its associated gold-bearing structures. Notably, Jagger Structure 6 (" JS6 ") was intersected near the bottom of the hole, returned 5.0 m at 1.88 g/t Au , highlighting its potential as a significant but relatively underexplored gold-bearing shear zone. JS6 will be prioritized for additional drill testing in future phases. See Figure 2 for cross section JZ650 . Detailed collar information and intercepts for all four holes are provided in Table 1.

 

Drill hole KDD0078 , completed on section JZ625 , demonstrated continuity of the Jagger Shear Zone and higher-grade mineralisation, similar to what has been observed in previous drilling. The hole is projected onto section JZ600 (see Figure 3), and demonstrates strike continuity of gold mineralisation across the zone. Importantly, KDD0078 also intersected significant mineralisation within JS6 , returning 4.0 m at 2.39 g/t Au, reinforcing the structure's potential as a key mineralized target.

 

Drill hole KDD0079 , completed on section JZ575 , continued to demonstrate strong correlation between the overall Jagger Shear Zone and associated higher-grade gold mineralized intervals. Consistent with previous drilling, KDD0079 intersected JS6 , returning a broad zone of 14.0 m grading 0.87 g/t Au .

 

  Additional shear zones with anomalous gold values were encountered in all four diamond drill holes on the footwall side of JS6, suggesting potential for additional mineralised shear zones within the volcanic package approaching the first order Contact Fault Zone .

 

  Understanding Gold Controls at the Kossou Gold Project  

 

The gold mineralisation at Kossou is localized within a broad, north-south–trending and steeply west-dipping deformation corridor with an estimated width of approximately 200 m, consisting of anastomosing second- and third-order fault zones in close proximity to the first-order Contact Zone Fault that separates basaltic volcanics from volcano-sedimentary rocks.

 

The brittle-ductile shears and faults in the area serve as the primary structural controls on gold mineralization. The development of shears at the Jagger Zone is strongly influenced by lithological competency contrasts between basalt and diorite/quartz feldspar porphyry dykes within the volcanic package.

 

  The main zone of shearing at the Jagger Zone occurs within an approximately 70-m wide corridor and is closely associated with the quartz feldspar porphyry and diorite intrusives within the basalts.  

 

The primary vein types intersected in the drill core are V1 quartz veins and veinlets, which are parallel to the S1 foliation and are gold-bearing within the main shear zones. The dominant gold-bearing veins are V2A veins, which trend WNW to NW and are prominent within and in close proximity to the shears. A relatively minor set of sub-horizontal V2B veinlets and hairline fractures contains sporadic mineralization.

 

  Recent drilling has shown that JS6, situated approximately 100 m in the footwall of the main Jagger Shear Zone, contains a consistent and laterally persistent shear zone, with all four of the latest diamond drill holes intersecting this structure .

 

   The results of these four diamond drill holes demonstrate that gold intersections occurred where predicted, providing evidence of relatively good along-strike continuity within this part of the shear zone.   

 

  Drilling Orientation Testing Completed  

 

Drill hole KDD0076 was completed using an azimuth of 045° to test the effectiveness of the current drill orientation. In contrast, drill holes KDD0077 through KDD0079 were completed at the standard 070° azimuth. Results from this test confirm that the 070° orientation remains optimal for targeting the mineralized structures at Jagger, and that no adjustments to the current drilling pattern are necessary.  

 

  Table 1: Summary of Significant Diamond Drill Hole Results  

 
                                                                                                                                                                                         
 

  BHID  

 
 

  East  

 
 

  North  

 
 

  Elev.  

 
 

  Az.  

 
 

  Dip  

 
 

  Depth  

 
 

  From (m)  

 
 

  To (m)  

 
 

  Int. (m)  

 
 

  Au g/t  

 
 

  Target  

 
 

KDD0076

 
 

229029

 
 

775272

 
 

354

 
 

45

 
 

-50

 
 

244.05

 
 

  38.0  

 
 

  40.0  

 
 

  2.0  

 
 

  4.13  

 
 

  Jagger  

 
 

 

 
 

45.0

 
 

47.0

 
 

2.0

 
 

2.66

 
 

Jagger

 
 

  54.0  

 
 

  60.0  

 
 

  6.0  

 
 

  1.20  

 
 

  Jagger  

 
 

88.0

 
 

91.0

 
 

3.0

 
 

0.63

 
 

Jagger

 
 

98.0

 
 

102.0

 
 

4.0

 
 

0.70

 
 

Jagger

 
 

192.0

 
 

197.0

 
 

5.0

 
 

0.58

 
 

Jagger

 
 

KDD0077

 
 

229029

 
 

775272

 
 

354

 
 

70

 
 

-50

 
 

221.05

 
 

  34.0  

 
 

  44.0  

 
 

  10.0  

 
 

  1.13  

 
 

  Jagger  

 
 

 

 
 

  56.0  

 
 

  64.0  

 
 

  8.0  

 
 

  2.07  

 
 

  Jagger  

 
 

  incl. 61.0  

 
 

  64.0  

 
 

  3.0  

 
 

  4.23  

 
 

  Jagger  

 
 

83.0

 
 

85.6

 
 

2.6

 
 

1.17

 
 

Jagger

 
 

90.9

 
 

92.6

 
 

1.8

 
 

0.57

 
 

Jagger

 
 

106.0

 
 

109.0

 
 

3.0

 
 

0.43

 
 

Jagger

 
 

  185.0  

 
 

  190.0  

 
 

  5.0  

 
 

  1.88  

 
 

  Jagger  

 
 

KDD0078

 
 

229006

 
 

775291

 
 

351

 
 

70

 
 

-50

 
 

242.05

 
 

  55.0  

 
 

  58.0  

 
 

  3.0  

 
 

  3.08  

 
 

Jagger

 
 

 

 
 

  64.0  

 
 

  70.0  

 
 

  6.0  

 
 

  1.64  

 
 

  Jagger  

 
 

  incl. 64.0  

 
 

  65.0  

 
 

  1.0  

 
 

  8.47  

 
 

  Jagger  

 
 

  95.0  

 
 

  102.3  

 
 

  7.3  

 
 

  1.63  

 
 

  Jagger  

 
 

105.9

 
 

109.0

 
 

3.1

 
 

0.48

 
 

Jagger

 
 

197.0

 
 

201.0

 
 

4.0

 
 

2.39

 
 

Jagger

 
 

KDD0079

 
 

228991

 
 

775311

 
 

344

 
 

70

 
 

-50

 
 

242.05

 
 

  45.0  

 
 

  53.0  

 
 

  8.0  

 
 

  2.16  

 
 

  Jagger  

 
 

 

 
 

  incl. 48.0  

 
 

  50.0  

 
 

  2.0  

 
 

  5.20  

 
 

  Jagger  

 
 

  61.0  

 
 

  69.4  

 
 

  8.4  

 
 

  1.64  

 
 

  Jagger  

 
 

  incl. 64.0  

 
 

  69.4  

 
 

  5.4  

 
 

  2.23  

 
 

  Jagger  

 
 

108.5

 
 

116.0

 
 

7.5

 
 

0.99

 
 

Jagger

 
 

120.0

 
 

129.0

 
 

9.0

 
 

0.44

 
 

Jagger

 
 

  198.0  

 
 

  212.0  

 
 

  14.0  

 
 

  0.87  

 
 

  Jagger  

 
 

incl. 198.0

 
 

208.0

 
 

10.0

 
 

0.96

 
 

Jagger

 
 

incl. 198.0

 
 

204.0

 
 

6.0

 
 

1.33

 
 

Jagger

 
 

  Notes:  

 
  • Cut-off using 2.0 m at 0.30 g/t Au
  •  
 

An accurate dip and strike and controls of mineralisation are unconfirmed at this time and the true width of mineralisation are unconfirmed at this time. Drill holes are planned to intersect mineralised zones perpendicular to interpreted targets. All intercepts reported are downhole distances.

 

  Sampling, QA/QC, and Analytical Procedures  

 

Drill core (HQ/NQ) was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half remaining in the core box and the other half secured into new plastic sample bags with sample number tickets. Samples are transported to the SGS Côte d'Ivoire facility in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis (prep code PRP86/PRP94). Sample splits of 50 grams were then analysed for gold using 50g Fire Assay as per SGS Geochem Method FAA505. QA/QC procedures for the drill program include insertion of a certificated standards every 20 samples, a blank every 20 samples and a duplicate sample (split of the 1 m original sample) every 20 samples. All QAQC control samples returned values within acceptable limits.

 

  Review of Technical Information  

 

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.

 

  About Kobo Resources Inc.  

 

 Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities.

 

With over 15,000 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou's Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

 

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo's common shares trade on the TSX Venture Exchange under the symbol "KRI". For more information, please visit www.koboresources.com .

 

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc. 

 

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

   Cautionary Statement on Forward-looking Information:   

 

  This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.  

 

  

  

For further information, please contact:

 

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com  

 

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Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou

 
  •   High-grade gold intercepts highlighted by 15.5 m at 2.30 g/t Au, incl. 8.3 m at 3.43 g/t Au at the Road Cut Zone  
  •  
  •   Initial drilling on the gap between Jagger and Road Cut Zone confirms target structure, warrants further testing  
  •  
  •   Current drill phase complete; Geological modelling and planning underway for 15,000 m drill program expected to begin in H2 2025  
  •  

 

 Kobo Resources Inc. (" Kobo" or the " Company ") ( TSX.V: KRI ) is pleased to report additional diamond drill results from the Road Cut Zone at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire. Results from these holes continue to strengthen the Company's understanding of the key structural controls that define this prospective target area.

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  •   All reported holes intersected gold mineralization, reinforcing continuity and improving structural understanding at the Jagger Zone  
  •  
  •   Results support   the Company's systematic exploration and targeting approach for further resource definition at Kossou  
  •  

 

 Kobo Resources Inc. (" Kobo" or the " Company ") ( TSX.V: KRI ) is pleased to announce additional diamond drill results from the ongoing exploration program at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire. Results from the Jagger Zone continue to confirm broad zones of mineralisation and extend the footprint of gold-bearing structures along strike and at depth.

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Kobo Resources Provides an Overview of the Highly Prospective Gold Discovery at its 100%-Owned Kossou Gold Project in Preparation for its Maiden 8,000+ meter Drill Program

 

 Kobo Resources Inc. (" Kobo" or the " Company ") (TSX.V: KRI) is pleased to provide an overview of its compelling new gold discovery at the Company's 100%-owned Kossou Gold Project ("Kossou") in Cote d'Ivoire, one of West Africa's most prolific and developing gold districts. The Company also announces plans to initiate its first drill program at Kossou, an 8,000+ metre ("m") reverse circulation ("RC") drill program to define significant near surface zones of gold mineralisation.

 

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Blackrock Silver Commences Eastern Expansion Drill Program Targeting 1.2km Trend at Tonopah West

Blackrock Silver Commences Eastern Expansion Drill Program Targeting 1.2km Trend at Tonopah West

 

Scout Drilling Discovered the Extension of the High-grade Merten Vein Creating an Opportunity to Expand the Dpb Resource up to 1,200 Metres to the East

 

SCOUT PROGRAM HIGHLIGHTS:

 
  • Assay results from the Company's reverse circulation Scout Drill Program (see March 31, 2025 news) returned significant gold & silver values in 7 drillholes that successfully expanded the footprint of mineralization up to 1,200 metres from the east of the existing DPB resource toward the historic Ohio mine;

  •  
  • These intercepts cover a new zone of silver and gold interpreted to be the outer ring structure of the Fraction caldera, and are not included in the 2024 resource;

  •  
  • A fully funded 15 drillhole program totalling up to 5,000 metres is underway; and

  •  
  • Results from this program will be incorporated into an updated Mineral Resource Estimate in Q1, 2026.

  •  

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2025) - Blackrock Silver Corp. (TSXV: BRC,OTC:BKRRF) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") announces commencement of a fully-funded expansion drill program ("Expansion Program") to follow up on the successful Scout Drilling campaign that expanded the DPB South zone 1,200 metres in an easterly direction on its 100% owned Tonopah West project located in Nye and Esmeralda Counties, Nevada, United States.

 

The Expansion Program will utilize one Reverse Circulation (RC) drill overseen by Legacy Drilling and two core drill rigs operated by Alloy Drilling to complete 2,450 metres (8,000 ft) of RC precollars and 2,550 metres (8,400 ft) of core tails across 15 drillholes targeting the Eastern Expansion zone between the DPB resource area and the eastern extent of the project. Drilling is anticipated to be completed in October with assay results expected through year end.

 

Andrew Pollard, Blackrock's President and CEO, stated, "With drills now turning on this fully financed program, we're stepping out across a 1.2-kilometre corridor with strong potential to significantly expand our mineral inventory at Tonopah West. Scout drilling confirmed the eastern extension of the high-grade Merten vein well beyond the current resource boundary, returning standout grades including 2,063 grams per tonne (g/t) silver equivalent (AgEq) (1,198 g/t silver (Ag) and 9.6 g/t gold (Au)) over 1.52 metres, and 952 g/t AgEq (10 g/t Ag and 10.5 g/t Au) over 4.57 metres. This newly defined zone, situated along the outer ring structure of the Fraction caldera, lies entirely outside our 2024 resource and presents an opportunity to quickly and meaningfully grow the scale of the project. Results from this program are expected to underpin a resource update in Q1 2026. The Company remains on track to deliver a separate resource update in Q3 2025 that will incorporate all results from the recently completed M&I conversion program."

 

As announced on March 31, 2025, the Company discovered the 1,200 metre eastern extension zone representing the continuation of the outer-ring structure or Fraction caldera margin from DPB South to the historic Ohio mine. The Scout Drilling showed the Merten vein extends eastward and is arched and dips southward. This orientation suggests multiple ring structures associated with the Fraction caldera running across Tonopah West. An inner structure hosting the Victor and DPB North (Denver and Paymaster) resources, and an outer, more southern, ring structure hosting DPB South (Merten and Bermuda) and the NW Stepout resources (See Figure 1). The arching geometry of the Merten vein is similar to that described from the historic Ohio vein which was 15 metres thick when mined in the early 1900s1. Given the geometry and location, the Merten is potentially the extension of the Ohio vein. Table 1 summarizes the Scout Drilling assay results above 150 g/t AgEq.

 

Table 1: Scout Drilling Program results above 150 g/t AgEq

 
                                                                                                 
Drillhole IDHole 
Type
AreaFrom 
(m)
To
 (m)
Drill
 Interval
 (m)
Ag g/tAu g/tAgEq g/t
TW25-125RCDPB East220.98222.501.5276.412.010257.3
TW25-127RCDPB East390.15391.671.528.001.750165.5
TW25-130RCDPB East188.98190.501.52290.003.300587.0
TW25-132RCDPB East245.36246.891.5278.581.180184.8
TW25-133RCDPB East280.42283.473.05129.081.575270.8
TW25-133RCDPB East309.37313.954.5710.6510.456951.8
Including309.37310.901.5215.7321.4671,948.0
TW25-128RCOhio292.61294.131.521,198.009.6102,063.0
TW25-128RCOhio297.18298.711.52219.001.720373.8
TW25-131RCOhio269.75271.271.5289.102.630325.8
AgEq gpt=(Au gpt*90)+Ag gpt; True thickness unknown at this time; Cut-off grade is 150 gpt AgEq;
RC = Reverse Circulation Drilling
 

 

 

TW25-133 returned significant silver and gold with values starting at 309-metres grading 10.46 g/t gold and 10.6 g/t silver over 4.57 metres (952 g/t AgEq), and show mineralization extends along the Merten vein for 540 meters to the east-southeast of the main DPB South resource. With the inclusion of TW25-128 which returned 9.6 g/t gold and 1198 g/t silver over 1.5-metres (2,063 g/t AgEq), the zone could be up to 1,200-metres in length.

 

The mineralized zone traced by these assay results is new and not included in the 2024 resource. These results could have a substantive impact on the future resource estimate.

 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_001.jpg

 

Figure 1: Tonopah West expansion potential

 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_001full.jpg

 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_002.jpg

 

Figure 2: Drillhole location map with cross section line at location 478540E

 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_002full.jpg

 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_003.jpg

 

Figure 3: Geologic cross section along 478540E

 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_003full.jpg

 

Quality Assurance/ Quality Control

 

All sampling is conducted under the supervision of the Company's project geologists, and a strict chain of custody from the project to the sample preparation facility is implemented and monitored. The RC samples are hauled from the project site to a secure and fenced facility in Tonopah, Nevada, where they are loaded on to American Assay Laboratory's (AAL) flat-bed truck and delivered to AAL's facility in Sparks, Nevada. A sample submittal sheet is delivered to AAL personnel who organize and process the sample intervals pursuant to the Company's instructions.

 

The RC samples are lined out at the lab and logged into AAL's system. The samples are dried, crushed to 85% passing 10 mesh (2mm) and a 250-gram sub-sample split is collected and pulverized to 200 mesh (74 micron) in a ring and puck pulverizer. Then the pulverized material is digested and analyzed for gold using fire assay fusion and an Induced Coupled Plasma (ICP) finish on a 30-gram assay split (FA-PB30-ICP). Silver is determined using five-acid digestion and ICP analysis (ICP-5AM48). Over limits for gold and silver are determined using a gravimetric finish (GRAVAU30 and GRAVAG30). Data verification of the assay and analytical results are completed to ensure accurate and verifiable results. Blackrock personnel insert a blind prep blank, lab blank or a certified reference material approximately every 15th to 20th sample.

 

Qualified Persons

 

Blackrock's exploration activities at Tonopah West are conducted and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG Certified Professional Geologist #11041, is a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. He has reviewed and approved the contents of this news release.

 

About Blackrock Silver Corp.

 

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

 

Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR at www.sedarplus.ca.

 

Cautionary Note Regarding Forward-Looking Statements and Information

 

This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company's strategic plans; the timing of and successful completion of the Company's Expansion Program at Tonopah West and the anticipated objectives and results therefrom; timing and estimates of mineral resource quantities and qualities; timing of updated resource estimates; estimates of mineralization from drilling; geological information projected from sampling results; and the potential quantities and grades of the target zones.

 

These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

 

The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption "Risks Factors" in the Company's most recent Annual Information Form.

 

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 
 

For Further Information, Contact:

 

Andrew Pollard
President and Chief Executive Officer
(604) 817-6044
info@blackrocksilver.com 

 
 

News Provided by Newsfile via QuoteMedia

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