Blackrock Silver Announces Inclusion of Victor Vein System in Upcoming Inaugural Resource Estimate at Tonopah West

Vancouver, British Columbia–(Newsfile Corp. – March 24, 2022) – Blackrock Silver Corp. (TSXV: BRC) (the “Company” Where “black rock“) is pleased to report that modeling of the numerous silver and gold intersections reported to date in the Victor Vein system demonstrate sufficient vein continuity to be included in the project’s upcoming Initial Resource Estimate (MRE). 100% controlled Tonopah West, located in Tendance Walker Lane of western Nevada.

The Victor vein system (the intersection of the Murray, Merger and OK vein systems) extends 480 meters to the eastern edge of the Tonopah West project which neighbors Summa Silver. Drilling from Blackrock shows the vein to be 480 meters long and its dip is unknown at this time as bottom has not been encountered. Drilling by Summa Silver indicates that this vein system still extends an additional 300 meters to the east along strike of their property.

The Tonopah West project is conveniently located directly adjacent to the town of Tonopah in western Nevada, with US Highway 95 passing through the property, and the DPB and Victor resource areas are comprised entirely of patented mining claims.

Andrew Pollard, President and CEO of Blackrock Silver, said: “As we near the end of our first resource estimate on the DPB target at Tonopah West, we have concluded that the Victor Vein System, which lies next door has enough information and will play a part in this important milestone for the Company, alongside our DPB vein corridor. are very close. Over 90 years after development and production ceased, it’s only fitting that these two areas will reappear for the next chapter of “Queen of the Silver Camps.” To account for the additional work required in the modeling of this distinct vein system, the announcement of the first resource estimate is expected by April 15^and2022.”

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Figure 1: Maiden Resource Area Plan Map

To view an improved version of Figure 1, please visit:
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Table of Victor’s significant interceptions

Table 1: Previously published summary of significant Au and Ag assay results using an AgEq cut-off grade of 200 g/t from the Victor target (intersections greater than 2,000 gram-meter AgEq are shown in bold).

Blackrock’s exploration activities at the Tonopah West project are led and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG #11041 Certified Professional Geologist, is a Qualified Person as defined by National Instrument 43-101. It has reviewed and approved the content of this press release.

About Blackrock Silver Corp.

Blackrock is a junior exploration company focused on precious metals seeking to make an economic discovery. Anchored by a seasoned board, the company is focused on its Nevada property portfolio of epithermal low-sulphidation gold and silver projects located along the Nevada North Rift established in north-central Nevada and the trendy Walker Lane in western Nevada. With 110,000 meters of drilling completed on its flagship Tonopah West silver-gold project, the Company expects to provide an initial resource estimate by April 15.^and2022.

For more information, please contact:

Andrew Pollard, President and CEO
Blackrock Silver Corp.
Telephone: 604 817-6044
Email: [email protected]

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of Canadian securities laws. These forward-looking statements relate to the Company’s strategic plans, the completion of the Tonopah West project’s first resource estimate in the first quarter of 2022, the timing and expectations of the Company’s exploration and drilling programs, estimates of mineralization from drilling, geological information projected from sampling results and potential quantities and grades of target zones. These forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things, general economic and financial market conditions; accuracy of analysis results; geological interpretations of drilling results, timing and amount of capital expenditures; performance of laboratory services and other related services available; future operating costs; and the historical basis for current estimates of the potential quantities and grades of the target zones. Actual results could differ materially from those anticipated in these forward-looking statements due to risk factors, including the Company’s ability to make lease option payments to purchase the Tonopah West Project; the schedule and content of the work programs; the results of exploration activities and the development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of mining permits and titles; environmental and other regulatory risks; project cost overruns or unforeseen costs and expenses; availability of funds; inability to delineate potential quantities and qualities of target areas based on historical data and general market and industry conditions. Forward-looking statements are based on the expectations and beliefs of the Company’s management as of the date the statements are made. The assumptions used in the preparation of these statements, although believed to be 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 are not valid only on the date on which the declarations were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this press release if such 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.

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