Key Takeaways
- Blackrock Silver (BRC.V) reported 2,180 g/t Ag over 3.2m in hole TW26-124 at Tonopah West.
- The intercept is within the Bermuda vein system the most productive structure identified to date.
- The company plans an NI 43-101 resource update in Q4 2026; current inferred resource is 52 Moz AgEq.
- BRC.V trades at C$0.48, up 22% on the result; 52-week range is C$0.28–C$0.62.
Blackrock Silver has delivered another high-grade result from its Tonopah West property in Nevada, adding to a drill database that is building the case for a significant increase to the company’s NI 43-101 resource estimate. The headline intercept 2,180 grams per tonne silver over 3.2 metres in hole TW26-124 reflects the extremely high-grade character of the Bermuda vein system, a discovery made by the company in 2021 that has been the focus of an increasingly systematic drilling campaign.
Tonopah West Drill Results Summary
| Hole | Vein | From (m) | Width (m) | Ag g/t | AuEq g/t |
|---|---|---|---|---|---|
| TW26-124 | Bermuda | 312.4 | 3.2 | 2,180 | 28.4 |
| TW26-122 | Bermuda | 298.1 | 2.8 | 1,840 | 24.2 |
| TW26-119 | Montana | 224.8 | 4.1 | 940 | 12.8 |
| TW26-117 | Bermuda | 318.2 | 1.9 | 3,120 | 40.8 |
Resource Upside Potential
The Tonopah district has historic production of over 174 million ounces of silver from underground operations that closed in the 1950s. Modern drilling by Blackrock is testing both the down-dip extensions of the historic veins and entirely new vein structures identified through geophysics. The Q4 2026 resource update is expected to incorporate approximately 18,000 metres of new drilling not included in the current 52 Moz AgEq inferred estimate.