'One of the highest-grade undeveloped silver deposits in the world' - Blackrock Silver's Tonopah
(Kitco News) - A maiden resource estimate announced in May for Blackrock Silver's Tonopah West establishes the property as one of the highest-grade undeveloped silver deposits of its size in the world.
On Tuesday Blackrock CEO Andrew Pollard sat with Kitco for an interview at the Vancouver Resource Investment Conference. Pollard highlighted that Blackrock Silver’s (TSX-V: BRC) deposit is in Nevada.
"This isn't a new discovery, it's a rediscovery. A hundred years ago, Tonopah Silver district is the reason why Nevada is known as the Silver State," said Pollard. "Effectively we're the first group to consolidate this district, the first group to ever drill it. In the old days, the old-timers did no drilling. They just mined these veins right from surface and followed them down along strike and underground."
Nevada is mining friendly. In 2021 the Fraser Instituted ranked Nevada the #3 mining jurisdiction on the planet.
Pollard said the project has substantial resource expansion potential remaining.
"We're just picking up right where others left off, and 90 years later we're showing that the last chapter's yet to be written," said Pollard.