I first talked about Blackrock in March of last year. They had
done a deal with Carl Pescio on what they call the Silver Cloud gold
project. The project is next to the high-grade Hollister Gold
Mine and near the high-grade Midas mine in Northern Nevada.
The district is well known for bonanza grade intercepts in vein systems.
8,000 meters of prior drilling fifteen years ago by both Teck and Placer Dome
generated intercepts of 1.5 meters of 157 g/t gold and 12 meters of 5.5 g/t
Au but were never followed up with.
Blackrock applied for and received permits for a 2,000-meter drill program
starting a month from now. A drill ready anomaly was discovered only this
summer by both geophysics and geochemical testing with surface vein
outcropping at surface on the 40 square kilometer project.
New technical work suggests a 2 km strike potential with primary
orientation running East/West rather than the North/South direction suggested
by historic drilling.
An indication of the interest in participation in the recent placement at
$0.16 for $150,000 from Carl Pescio himself should show potential investors
the level of confidence the claim owner feels about both Blackrock and the
pending drill program.
The million dollars being raised will fund the planned exploration program
and Blackrock has about $2.5 million in warrants priced between $0.10 and
$0.20 so any indication of success should generate the money for a follow-up
program.
Blackrock is an advertiser. I am participating in the current pp. I did
participate in the last pp and I'd love to be able to exercise my warrants.
Naturally that makes me somewhat biased. Do your own due diligence.
Blackrock Gold Corp.
BRC-V $0.16 (Aug 19, 2019)
BKR-OTCBB 49.2 million shares
Blackrock website.
Bob and Barb Moriarty brought 321gold.com to the Internet
almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline,
coal, solar, wind and nuclear energy. Both sites feature articles, editorial
opinions, pricing figures and updates on current events affecting both
sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than
832 missions in Vietnam. He holds 14 international aviation records.
[NLINSERT]
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