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The latest update is out from Blackrock Silver ( (TSE:BRC) ).
Blackrock Silver Corp. has announced the completion of its M&I Conversion Program at the Tonopah West project, confirming high-grade continuity of silver and gold mineralization over a 350-metre zone. The results validate the geologic model and highlight new near-surface zones of high-grade mineralization, reinforcing the project’s status as a leading undeveloped silver asset. An updated mineral resource estimate is expected by Q3 2025, which will help de-risk the early years of anticipated production.
Spark’s Take on TSE:BRC Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRC is a Neutral.
Blackrock Silver faces significant financial challenges, with ongoing losses and negative cash flows. However, its minimal debt and positive developments in the Tonopah West project provide some optimism. The technical indicators are neutral, and valuation metrics are unfavorable. Strategic improvements and successful project developments are crucial for future growth.
To see Spark’s full report on TSE:BRC stock, click here.
More about Blackrock Silver
Blackrock Silver Corp. operates in the mining industry, focusing on the exploration and development of silver and gold projects. The company is primarily engaged in advancing its Tonopah West project located in Nevada, United States, which is known for its high-grade silver and gold mineralization.
Average Trading Volume: 705,526
Technical Sentiment Signal: Buy
Current Market Cap: C$124.6M
Find detailed analytics on BRC stock on TipRanks’ Stock Analysis page.