Tonopah West Project Updated MRE Filed

VANCOUVER - Blackrock Silver Corp. has filed an updated mineral resource estimate for its Tonopah West Silver-Gold Project, Nye and Esmeralda Counties, Nevada. The Updated MRE contains a total of 0.57 million ounces (Moz") of gold and 47.74Mozs of silver or 100.04Mozs of silver equivalent (AgEq), which is a 135% increase over the maiden resource estimate for Tonopah West. At a 200 g/t AgEq cut-off, the average grade of the inferred mineral resource is 508.5 g/t AgEq, which is a 14% increase over the Maiden MRE. The Updated MRE includes 6.12 million tonnes, which is a 106% increase over the Maiden MRE. The MRE is based on a structural re-interpretation of the Victor and DPB areas and incorporation of the new drill information from the Northwest Step Out target. The Updated MRE captures approximately 3-kilometres of strike along the Tonopah West vein system. Silver and gold mineralization remains open to the northwest and internally between Victor and DPB, and DPB and the Northwest Step Out target, and at depth.