Silver Equivalent

Blackrock Silver has commenced a fully-funded 5,000-meter expansion drill program at its Tonopah West project in Nevada. Following successful scout drilling, which extended the DPB South zone 1,200 meters eastward, the program will utilize three drill rigs across 15 holes. Scout drilling revealed high-grade mineralization, including 2,063 g/t silver equivalent over 1.52 meters. This newly defined zone, outside the 2024 resource, offers significant growth potential. Program completion is expected in October, with results incorporated into a Q1 2026 resource update.