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Blackrock Silver Corp. (TSXV:BRC) – Excellent Initial Metallurgical Results from Tonopah West

Impact: Positive

Blackrock announced positive results from initial metallurgical test work at its Tonopah West project in Nevada that demonstrate that the Ag-Au mineralization appears to be amenable to standard cyanidation processing with average recoveries of 95% Au and 87% Ag. We believe initial testing has returned excellent recoveries for both Au and Ag that are generally in-line with or better than comparable exploration and development stage Ag-Au projects. The confirmation of high recoveries from cyanide bottle roll leach tests is an important de-risking step for the project and reinforces our view that Tonopah West is one of the best Ag projects being advanced globally.

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