Blackrock Gold Closes C$7.5 Million Private Placement Led by a C$5.0 Million Investment from Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - Blackrock Gold Corp. (TSXV: BRC) ("Blackrock" or the "Company") is pleased to announce the completion of its non-brokered private placement (the "Private Placement") previously announced on July 22, 2020. Eric Sprott purchased C$5.0 million of the Private Placement. The Company issued a total of 10,416,667 units ("Units") at a price of C$0.72 per Unit for gross proceeds of C$7.5 million. Each Unit consisted of one common share of the Company...
2020-08-04 8:30 AM EDT
Blackrock Kündigt Privatplatzierung In Höhe Von 7,5 Millionen CAD An, Darunter Eine Investition in Höhe Von 5,0 Millionen CAD Von Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - 22. Juli 2020) - Blackrock Gold Corp. (TSXV: BRC) (FSE: AHZ) (das "Unternehmen") freut sich, eine nicht über einen Broker vermittelte Privatplatzierung (das "Angebot") von 10.416.667 Einheiten (die "Einheiten") zu einem Preis von 0,72 CAD pro Einheit für einen Bruttoerlös von 7.500.000,24 CAD bekannt zu geben. Das Unternehmen freut sich, mitteilen zu können, dass Eric Sprott zugestimmt hat, 5 Millionen CAD aus diesem Angebot zu erwerben. Jede Einheit wird aus einer Stammaktie und der Hälfte eines...
2020-07-22 12:09 PM EDT
Blackrock Announces C$7.5 Million Private Placement, Led by a C$5.0 Million Investment from Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to announce a non-brokered private placement (the "Offering") of 10,416,667 units (the "Units") at a price of C$0.72 per Unit for gross proceeds of C$7,500,000.24. The Company is pleased to advise that Eric Sprott has agreed to purchase C$5 million of the Offering. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole...
2020-07-22 8:00 AM EDT
Blackrock Drills 3 Metres of 2,198 G/T Silver EQ. in New Vein and Extends Victor Vein Down Plunge with 29 Metres Grading 965 G/T Silver EQ. on the Tonopah West Project
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2020) - Blackrock Gold Corp. (the "Company") is pleased to announce initial drill results from the Victor target on its 100% controlled Tonopah West project located in the Walker Lane trend of Western Nevada.HIGHLIGHTS:Drillhole TW20-001 intersected a new vein yielding 3 metres grading 2,198 g/t silver equivalent (silver :gold ratio 100:1) using a 400 g/t silver equivalent cut-off grade;Drillhole TW20-001 also extended the Victor Vein 30 metres down plunge with the intersection of...
2020-07-20 12:12 PM EDT
Blackrock Reports Remaining Assays and Resumes Exploration Program at Silver Cloud
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") announces that it has received all assays from the spring drill program and is pleased to report that after a brief hiatus due to Covid-19, it has resumed its exploration program for its 100% controlled low sulphidation epithermal Silver Cloud project located on the Northern Nevada Rift in Elko County, Nevada.SBC20-06 was drilled to intersect the Northwest Canyon east-west zone at depth, just above...
2020-06-18 4:05 PM EDT
Blackrock Commences 7,000 Meter Drill Program at Tonopah West Project
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to announce that drilling has commenced at its 100% controlled Tonopah West project located in the Walker Lane trend of Western Nevada. This newly-consolidated project, optioned from Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold"), represents the entire western half of, and largest package of claims within the historic Tonopah silver district. From 1900 to 1950, the...
2020-06-17 8:00 AM EDT
Blackrock Gold Closes Oversubscribed $4.5 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2020) - Blackrock Gold Corp. (TSXV: BRC) ("Blackrock" or the "Company") is pleased to announce the completion of its oversubscribed non-brokered private placement (the "Private Placement") previously announced for $2.75 million on May 8, 2020, as subsequently increased to $4.5 million further to the Company's news release on May 19, 2020. The Company issued a total of 22,670,737 units ("Unit") at a price of $0.20 per Unit for gross proceeds of approximately...
2020-06-05 4:00 PM EDT
Blackrock Announces Increase of Private Placement to Cdn$4.5 Million
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to announce that, due to demand from potential investors, its non-brokered private placement announced on May 8, 2020, has been increased by Cdn$1,750,000 (or 8,750,000 units) to up to 22,500,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of Cdn$4,500,000 (the "Offering"). Each Unit is comprised of one common share and one-half of one common share purchase...
2020-05-19 8:30 AM EDT
Blackrock Announces $2.75 Million Private Placement; to Present at Metals Investor Forum
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 13,750,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of up to $2,750,000. Each Unit is comprised of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share in the capital...
2020-05-08 8:45 AM EDT
Blackrock Outlines Program to Evaluate Historic Mineralized Mine Dumps and Tailings in Surface Material at Its Tonopah West Project
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2020) - Blackrock Gold Corp. (the "Company") has identified reports outlining gold and silver mineralization in historic mine dumps and tailing material on its 100% controlled Tonopah West project located in the Walker Lane trend of Western Nevada. The Tonopah West project reconstitutes the former Tonopah Extension Mining Company and the West End Consolidated Mining Company's land positions into the Tonopah West project, giving Blackrock the largest package of claims within the historic...
2020-05-07 9:49 AM EDT
Blackrock Outlines 2020 Exploration Program for the Tonopah West Project
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") announces exploration plans for its 100% controlled Tonopah West project located in the Walker Lane trend of Western Nevada. The project is a significant landholding within the historic Tonopah silver district with 97 patented and 17 unpatented lode mining claims comprising the property. Blackrock closed the lease option to purchase Agreement on April 1st. The transaction reconstitutes the historic Tonopah Extension Mining...
2020-04-27 8:45 AM EDT
Blackrock Gold Appoints David Laing to Board of Directors; Announces Option Grant
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") is pleased to announce that David Laing has been appointed to the Company's Board of Directors to serve as an Independent Director.David Laing is a mining engineer with 40 years of experience in the industry. He was formerly the COO of Equinox Gold Corp., operating gold projects in Brazil and California, COO of True Gold Mining Inc. which developed a gold heap leaching operation...
2020-04-06 8:30 AM EDT
Blackrock Gold Completes Lease Option Agreement for the Tonopah West Project
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the “Company”) is pleased to announce thecompletion of the Lease Option to Purchase agreement for the historic West Endand Tonopah Extension properties through a 4 year purchase option from Ely GoldRoyalties Inc. (“Ely Gold”) for payments totalling US$3 million. The transaction consolidates these propertiesinto the Tonopah West Project. These properties are a significant landholdingwithin the historic Tonopah silver district located in the Walker Lane trend ofWestern...
2020-04-02 4:05 PM EDT
Blackrock Provides Update on Silver Cloud Deep Drill Program; Major Graben Structure Identified
Press Release HighlightsSBC20-006 encounters multiple alteration zones of greater than 3.5 metres in Northwest Canyon;Deep drilling in Northwest Canyon and an enhanced property-wide gravity survey confirms the presence of a major structure between the Silver Cloud mercury mine and Northwest Canyon;The major structural zone is associated with eastern margin of Midas-like graben; andSBC20-006 is completed to a total depth of 678 metres, assays pending.Vancouver, British Columbia--(Newsfile Corp. - April 1, 2020) - Blackrock Gold Corp. (TSXV: BRC) (the "Company") commenced...
2020-04-01 8:30 AM EDT
Blackrock Reports Complete 2019 Drill Results at Silver Cloud; Commences Follow-up Drill Program
Press Release HighlightsDrillholes SBC19-001, -004 and -005 from the Silver Cloud mine area have identified mineralized zones of up to 6.1 metres in thickness at depth indicating the veins and fractures are coalescing down dip into thicker zones;Drill data shows the volcanic rock package thickens to the west, suggesting the boiling zone could be within the more favourable rhyolite host; The 3.93 g/t and 8.32 g/t gold intervals in SBC19-001 and SBC19-002 over 0.8 metres and 1.5 metres respectively, of...
2020-03-11 8:45 AM EDT
Blackrock's 2019 Drill Program Delineates 250 Metres of Mineralized Strike Open to the East, West, and Down-Dip at Silver Cloud
Press Release HighlightsDrilling in Northwest Canyon starts the week of March 8 to follow up drillholes SBC19-002, SBC19-003, and SCP-15. The spring 2020 drill program is tasked with drilling down-dip and along strike, extending the 250-metre long, east-west zone to the west and testing the gold/silver system at depth.The gravity in-fill survey commenced in late February and will be completed the week of March 1, with reprocessing and interpretation completed in March.An IP survey is scheduled to commence in...
2020-03-03 9:00 AM EST
RETRANSMISSION: Blackrock Gold Consolidates Western Half of Historic Nevada Silver District with Lease Option to Purchase Tonopah West Project
Press Release HighlightsThe Tonopah District produced over 174 million ounces of silver and 1.8 million ounces of gold from approximately 7.5 million tonnes of high-grade silver-gold epithermal quartz veins making it one of the most significant silver-gold districts in North America1. Mineralization hosted on adjacent or nearby properties is not necessarily indicative of the mineralization hosted on the Tonopah West Project.Blackrock has acquired an option to purchase the Tonopah West Project, consisting of 98 patented and 17 unpatented lode mining...
2020-02-26 8:30 AM EST
Blackrock Gold Consolidates Western Half of Historic Nevada Silver District with Lease Option to Purchase Tonopah West Project
Press Release HighlightsThe Tonopah District produced over 174 million ounces of silver and 1.8 million ounces of gold from approximately 7.5 million tonnes of high-grade silver-gold epithermal quartz veins making it one of the most significant silver-gold districts in North America1. Mineralization hosted on adjacent or nearby properties is not necessarily indicative of the mineralization hosted on the Tonopah West Project.Blackrock has acquired an option to purchase the Tonopah West Project, consisting of 98 patented and 17 unpatented lode mining...
2020-02-25 3:20 PM EST
Blackrock Gold Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2020) - Blackrock Gold Corp. (TSXV: BRC) ("Blackrock" or the "Company") is pleased to announce the closing of the final tranche of its non-brokered private placement previously announced on January 10, 2020. In connection with the closing of the final tranche, the Company issued a total of 3,512,065 units of the Company ("Units") at a price of $0.20 per Unit for gross proceeds of $702,413 (the "Private Placement"). Each Unit consisted...
2020-02-13 3:37 PM EST
Blackrock Gold Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2020) - Blackrock Gold Corp. (TSXV: BRC) ("Blackrock" or the "Company") is pleased to announce the closing of the first tranche of its non-brokered private placement previously announced on January 10, 2020. The Company issued a total of 2,685,000 units of the Company ("Units") at a price of $0.20 per Unit for gross proceeds of $537,000 (the "Private Placement"). Each Unit consisted of one common share of the Company ("Common Share") and...
2020-01-30 3:26 PM EST