Blende Silver Corp. - Diamond Drill Mobilization and Initial Site Preparation

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(TheNewswire)



 

February 4, 2021 – TheNewswire - Vancouver, Canada – Blende Silver Corp. (the “Company”) (TSXV:BAG) announced today a work crew has mobilized a diamond drill to its wholly owned Blende silver, zinc, lead property located 63km north of Keno Hill, Yukon.

 

Along with mobilizing a diamond drill to the Blende project, the Company’s crew made initial preparations at the camp for a robust exploration program in 2021 to expand on significant work completed to date, including:

 

  • - > $9.2 million in past exploration ($5.2 million by Blende) incl 25k m drilling in 132 drill holes

    - NI 43-101 Resource Estimate completed my Moose Mountain Technical Services (05/25/18)

    - Indicated Resource of 4.19M oz Silver @ 35.7 g/t, 0.16B lbs 1.98% Zinc and 0.16B lbs 1.95% Lead

    - Inferred Resource of 32.98M oz Silver @ 32 g/t, 1.46B lbs 2.01% Zinc and 1.36B lbs 1.88% Lead

 

Mineralization at Blende outcrops at surface and is open to the northwest, southeast and below the mineralization which currently extends along a 6km strike, is 200m wide and is 700m vertical. Exploration in 2021 will focus on upgrading and expanding the Company’s current mineral resource as well as upgrading facilities at the Blende project to accommodate anticipated work programs.

 

The technical information in this news release was reviewed by Sue Bird, P. Eng., a qualified person with respect to NI 43-101.

 

For further information please contact:

 

Blende Silver Corp.

“Andrew H. Rees”       

 

Andrew H. Rees, Director

Tel:  604-505-3739

 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

This news release contains certain forward-looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Blende Silver Corp. which may cause actual results, performance or achievements of Blende Silver Corp. to be materially different from the results, performance or expectation implied by these forward-looking statements.  By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future.  Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors.

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