Blackrock Silver Corp. Accelerates Tonopah West Development

Blackrock Silver Corp. (TSXV: BRC) has intensified its exploration activities at the Tonopah West project in Nevada, announcing a comprehensive Phase 2 hydrology program, geotechnical evaluation, and a seismic survey that together aim to refine the deposit’s structural understanding and support future development timelines.

Phase 2 Hydrology and Groundwater Management

The company will deploy five additional piezometers, a dewatering well, and a groundwater monitoring well. These installations will provide high‑resolution data on water table fluctuations and aquifer stability, critical for assessing mine water management strategies and ensuring compliance with regulatory water‑usage standards.

Geotechnical Evaluation of the Proposed Decline Alignment

Blackrock has already completed 22 drillholes along the proposed decline alignment, gathering core samples that will feed into a detailed geotechnical model. The evaluation will inform shaft design, support systems, and risk mitigation, directly influencing construction costs and safety parameters for any underground operations.

Seismic Survey to Map Structural Controls

A 18‑kilometre seismic survey, comprising seven lines, will extend from the core Tonopah West deposit northwestward. The objective is to delineate fault structures, lithological boundaries, and potential resource extensions beyond the current exploration footprint. The data will enable a more accurate delineation of the mineralized zone, potentially extending the project’s life cycle and economic viability.

Technical Report Filing

On October 22, 2025, Blackrock filed an independent technical report titled “Mineral Resource Estimate Update, Tonopah West Silver‑Gold Project” on SEDAR+. The report, dated October 22, 2025, incorporates the latest drilling results and updated resource estimates, providing a robust framework for valuation and financing decisions.

Market Context and Outlook

With a market capitalization of CAD 219 080 000 and a 52‑week low of CAD 0.27, the company’s share price currently sits at CAD 0.67. Despite a negative P/E ratio of –8.02, the firm’s forward‑leaning exploration agenda positions it as a potential catalyst for value creation. The disciplined execution of hydrology, geotechnical, and seismic studies signals a strategic shift toward demonstrable resource definition, setting the stage for forthcoming financing rounds or potential asset monetization.

Forward‑Looking Perspective

The integration of hydrological, geotechnical, and seismic data is expected to sharpen the resource model and reduce exploration risk. Should the Tonopah West project confirm the projected silver‑gold reserves, Blackrock Silver Corp. will likely advance toward feasibility studies and capital raising, potentially accelerating the timeline to production. Investors and stakeholders should monitor the company’s progress closely, as the outcomes of these programs could materially influence the company’s valuation and strategic direction.