Reports 5.0 Metres Grading 744 g/t AgEq (462 g/t Ag and 3.48 g/t Au) in Addition to Multiple +1k g/t AgEq Intercepts; M&I Conversion Drilling Program Continues to Confirm High-Grade Continuity of Gold and Silver

HIGHLIGHTS:

TXC24-095 returned multiple zones of high-grade mineralization including: 1.68 metres of 1,056 grams per tonne (g/t) silver equivalent (AgEq) (572.7 g/t silver (Ag) and 5.38 g/t gold (Au)) from 192.9 metres

1.83 metres of 341 g/t AgEq (147 g/t Ag and 2.61 Au) from 196 metres

1.07 metres of 633 g/t AgEq (343.7 g/t Ag and 3.21 Au) from 239 metres, including 0.55 metres of 1,225 g/t AgEq (665 g/t Ag and 6.23 g/t Au) and 5.03 metres of 774.5 g/t AgEq (461.5 g/t Ag and 3.47 g/t Au) from 242.5 metres, including 0.76 metres of 2,245 g/t AgEq (1,362 g/t Ag and 9.8 g/t Au)

TXC24-098 returned 1.22 metres of 634 g/t AgEq (265.6 g/t Ag and 4.09 g/t Au) from 326.8 metres, including 0.3 metres of 2,480 g/t AgEq (1,034 gt Ag and 16.06 g/t Au)

TXC24-117 returned 2.01 metres of 1,783 g/t AgEq (1,141 g/t Ag and 7.13 g/t Au) from 261.2 metres, including 0.4 metres of 6,064.4 g/t AgEq (3,712 g/t Ag and 26.13 g/t Au)

Vancouver, British Columbia–(Newsfile Corp. – November 21, 2024) – Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) (“Blackrock” or the “Company”) is pleased to announce the second set of assay results from the M&I Conversion Program (as defined herein) on the Company’s 100% owned Tonopah West project (“Tonopah West”) located within the prolific Walker Lane trend in Esmeralda and Nye Counties adjacent to the town of Tonopah, Nevada, USA. The Company is completing an in-fill drilling campaign (the “M&I Conversion Program”) consisting of forty drillholes within the shallow southern portion of its DPB resource area with an aim to convert up to 1.5-million tonnes of material to the measured and indicated mineral resource category, with the drillhole pattern being implemented on 25-metre centers.

Blackrock Silver Corp. has reported significant high-grade mineralization results from their M&I Conversion Drilling Program on the Tonopah West project. The assay results indicate promising grades of gold and silver, with multiple intercepts exceeding 1,000 g/t AgEq. The company’s efforts to convert material to the measured and indicated mineral resource category are proving successful, confirming the high-grade continuity of gold and silver mineralization in the area.

Investors and stakeholders in the mining industry are likely to take notice of Blackrock Silver Corp.’s latest assay results, as they demonstrate the potential for economic mineralization at the Tonopah West project. The company’s ongoing drilling program continues to identify high-grade mineralization, further supporting the project’s mineral resource potential.

How will this affect me?

As an investor, the positive assay results from Blackrock Silver Corp. may present an opportunity for potential investment in the company. The high-grade mineralization and continued success of the M&I Conversion Drilling Program could lead to increased interest in the Tonopah West project and contribute to the company’s overall growth and valuation.

How will this affect the world?

The discovery of high-grade gold and silver mineralization at the Tonopah West project has the potential to contribute valuable resources to the global market. As demand for precious metals continues to rise, the successful development of mining projects like this one could help meet the growing need for gold and silver in various industries worldwide.

Conclusion:

Blackrock Silver Corp.’s latest assay results from the M&I Conversion Drilling Program highlight the significant high-grade mineralization present at the Tonopah West project. The company’s continued success in confirming the continuity of gold and silver mineralization is a positive sign for investors and stakeholders, as well as for the global market’s demand for precious metals. The exploration and development efforts at Tonopah West have the potential to create value for the company and contribute valuable resources to the world market.