Blackrock Silver Receives First of Three Key Permits for the Tonopah West Project
Blackrock Silver Receives First of Three Key
Permits for the Tonopah West Project
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2026) -
Blackrock Silver Corp. (TSXV:
BRC) (OTCQX: BKRRF) (FSE: AHZ0)
("
Blackrock
" or the "
Company
") is pleased to announce the
issuance by the Nevada Department of Environmental Protection (NDEP), through the Bureau of Air
Pollution Control, the Class II Air Quality and Surface Disturbance Permit (the "
Permit
") for the
Company's Tonopah West mineral project ("
Tonopah West
") located along the Walker Lane Trend in
Nye and Esmeralda Counties, Nevada, USA.
The Permit allows for the disturbance of up to 150 acres (60.7 Hectares) at Tonopah West with
appropriate dust control measures and an ongoing program using the best practical methods to prevent
particulate matter from becoming airborne.
The term of the Permit is five (5) years, which can be
extended and modified as Tonopah West moves toward permitting and construction of its proposed
exploration decline, test mining and bulk sample extraction programs.
Data collection continues for the hydrogeological and geochemical programs that will form the basis for
the Water Pollution Control Permit.
Five humidity cells are in process to review acid generating potential
of the waste and mineralized lithologies that will be encountered and transported to the surface during
the tunneling and construction of the exploration decline including stockpiles for mineralized material
mined as part of the bulk sample program.
The hydrogeological program is designed to understand the groundwater dynamics focused on potential
flow and volumes to support required management and disposal as needed during the test mining and
bulk sample phase of the program.
Waste dump, stockpiles and portal entry engineering designs are on
schedule and will be completed and used to calculate surface disturbance that will be the cornerstone for
the Modification to the Nevada Reclamation Permit.
The permitting process is on schedule with all
permits anticipated by mid-2027.
Once all permits are in hand, the Company will decide when to
commence with the exploration decline, test mining and bulk sample extraction programs at Tonopah
West.
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.
Blackrock Silver Corp.
is an American-focused emerging primary silver developer systematically
advancing the high-grade Tonopah West Project, situated in the historic "Queen of the Silver Camps" in
a jurisdiction consistently ranked as one of the top mining regions globally. The Company is
backstopped by a veteran board and technical team with a proven track record of discovering, financing,
and building major precious metal mines in Nevada and globally. Blackrock is committed to establishing
a secure, high-margin, domestic supply of silver and gold.
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 Company's
permitting initiatives at Tonopah West, including the anticipated receipt of all permits by mid-2027; the
proposed commencement of an exploration decline, test mining and bulk sample extraction programs at
Tonopah West; the Company's de-risking initiatives at Tonopah West; estimates of mineral resource
quantities and qualities; 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
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/286059