Additional High Grade Silver & Gold Intercepts At Tonopah West Project

VANCOUVER - Blackrock Silver Corp. reported high-grade silver and gold drill intercepts from the M&I Conversion Program at its Tonopah West project located in Nye and Esmeralda Counties, Nevada. Currently in the process of completing the in-fill drilling program at Tonopah West which commenced in mid-July 2024 and consists of 62 drillholes within the shallow southern portion of the Bermuda-Merten vein group (DPB South) resource area (the M&I Conversion Area) with a goal to convert up to 1.0-million tonnes of material from inferred mineral resources to measured and indicated mineral resources (the M&I Conversion Program). The M&I Conversion Area represents the initial years of production based on the mine plan laid out in the Company's Preliminary Economic Assessment on Tonopah West.

Andrew Pollard, President and Chief Executive Officer, said, "Additional results from our M&I Conversion Program continue to validate our model, supporting mineral continuity as we track and define the geometry of the high-grade shoots within the vein system. Today's results, coupled with results previously announced from this same program, highlight that broader intercepts are associated with higher-than-average grades which should be beneficial in delineating high-grade tonnes. The broad zones of high-grade mineralization encountered in drillhole TXC-138 are a standout for us, as at a composite of 11.46 metres of 514 g/t AgEq (290 g/t Ag & 2.48 g/t Au), this is thickest (composite) zone we've drilled throughout the district outside of the historic Victor mine. As we await the final assays from the M&I Conversion Program, modelling has begun for our upcoming mineral resource update on Tonopah West, currently on track for Q3, 2025."