What Blackrock Silver does

Blackrock Silver Corp. (TSXV: BRC; OTCQX: BKRRF) is a Canadian-domiciled, Vancouver-headquartered junior mining company focused on the acquisition, exploration, and pre-development of precious metal properties in Nevada, USA. The company's flagship asset is the 100%-owned Tonopah West silver-gold project in Nye and Esmeralda Counties along the Walker Lane Trend, with a secondary earlier-stage exploration property, the Silver Cloud gold project, in Elko County. Tonopah West is supported by a 2026 Updated Preliminary Economic Assessment outlining an 11.2-year mine life producing an average of 7.1 million silver equivalent ounces per year at an all-in sustaining cost of US$17.44/oz, with indicated mineral resources of 40.2 million AgEq ounces at 454.3 g/t AgEq and inferred resources of 82.9 million AgEq ounces at 465.8 g/t AgEq.

The technical approach centers on underground mining using long-hole stoping for 88% of tonnes and cut-and-fill mining for the remaining 12%, feeding a conventional three-stage crushing and milling plant with agitated cyanide leaching and Merrill-Crowe zinc precipitation to produce silver and gold doré. Mineral resource estimation uses tightly constrained low-, medium-, and high-grade domains modeled with structural disks in Leapfrog software at 1.0m x 1.0m x 1.0m block dimensions, supported by 18 kilometers of newly acquired seismic data and a hybrid reverse-circulation/core drilling methodology used for cost-efficient step-out drilling.

Blackrock Silver is pre-revenue and funds exploration and pre-development activities entirely through equity capital raised on the TSX Venture Exchange and OTCQX markets. Since 2019 the company has raised more than $100M across multiple private placements and bought-deal offerings, with Eric Sprott (through 2176423 Ontario Ltd.) acting as a recurring lead or cornerstone investor. The go-to-market motion is investor-relations focused, comprising conference participation (e.g., Precious Metals and Critical Minerals Virtual Investor Conference), analyst coverage from Raymond James, Ventum Financial, Red Cloud Securities, and Research Capital, and active social media outreach, while future doré production is intended to be sold to refineries on global commodities markets once the underground development decision is targeted for H2 2027.

Name

Blackrock Silver

Legal name

Blackrock Silver Corp.

Website

https://blackrocksilver.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Blackrock Silver Corp. (TSXV: BRC; OTCQX: BKRRF) is a Vancouver-based, pre-revenue junior mining company advancing the 100%-owned high-grade Tonopah West silver-gold project in Nevada toward production, with a 2026 PEA outlining 7.1M AgEq oz/year at US$17.44/oz AISC.

Ownership category

akta.pro rank

Product category

Silver and Gold Mining

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Silver Mining (IMAKAEAB)

akta.pro secondary industries

Gold Mining (IMAKAEAA), Precious Metals Ore Processing & Beneficiation (IMAKAEAD)

Keywords

• Silver mining
• Gold exploration
• Mineral resource development
• Precious metals mining
• Underground mining

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Silver and Gold Production (Future): Pre-revenue exploration-stage company. Future revenue will come from silver and gold production at Tonopah West project once developed, generating revenue from sale of silver and gold doré bars produced at the processing plant.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Blackrock Silver Corp. is a pre-revenue junior mining company engaged in the acquisition, exploration, and development of precious metal properties in Nevada, USA. The company is advancing two core assets: the flagship Tonopah West silver-gold project (Nye and Esmeralda Counties) and the Silver Cloud gold exploration project (Elko County), with future revenue expected from the sale of silver and gold doré bars produced at an on-site processing plant.

Product overview

Blackrock Silver Corp. is an American-focused emerging primary silver developer with a focused portfolio of two core mining projects in Nevada: the flagship Tonopah West Project and the Silver Cloud Project. The Tonopah West Project is the company's primary development asset, a high-grade silver-gold project advancing toward production with a published Updated Preliminary Economic Assessment (PEA) demonstrating robust economics. The Silver Cloud Project is an earlier-stage gold exploration asset. The company does not offer software products, platforms, or technology services; its product offering consists solely of mineral resource development.

Differentiator

Problem solved

Functional benefit

Products and services

• Tonopah West Project A high-grade underground silver-gold development project located in the historic Walker Lane trend in Nevada, USA. Per the 2026 Updated PEA, the project targets annual production of 7.1 million silver equivalent ounces at AISC of US$17.44/oz over an 11.2-year mine life, with initial capex of US$190M. Indicated mineral resource stands at 2.75 million tonnes grading 454.3 g/t AgEq (40.2 million AgEq ounces). Intended output is silver and gold doré bars sold to refineries for refining and sale into commodities markets.
• Silver Cloud Project

Quantifiable outcome

• 28% after-tax IRR and US$437M NPV (5% discount) at base case metal prices (US$31/oz Ag, US$2,700/oz Au)
• +4 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Apollo Silver Corp. Junior primary silver developer advancing projects in North America, led by former CEO Tom Peregoodoff who is now Lead Independent Director at Blackrock. Apollo Silver and Blackrock Silver operate in the same primary silver development stage, with comparable scale, team overlap, and silver-only thematic positioning.
• MAG Silver Corp. Primary silver developer focused on high-grade silver projects, with a board member (Susan Mathieu) shared with Blackrock Silver. MAG's Juanicipio project in Mexico is one of the highest-grade silver development assets globally, making it directly comparable to Blackrock's Tonopah West in mine type and silver-focused value proposition.
• Dolly Varden Silver Corporation: Emerging primary silver developer advancing the Kitsault Valley project in British Columbia. Similar stage of development, similar precious-metals value proposition, and similar small-cap TSX Venture listing structure as Blackrock Silver.
• Vizsla Silver Corp. Junior primary silver developer advancing the Panuco project in Mexico. Comparable to Blackrock Silver in size, stage, and silver-focused thesis, and competes for the same pool of silver-focused retail and institutional investors.
• SilverCrest Metals Inc. Advanced-stage primary silver-gold developer that built and commissioned the Las Chispas mine in Mexico. Comparable in its silver-gold focus and project economics, and provides a development-stage template and benchmark for Tonopah West's construction-phase economics.
• Americas Gold and Silver Corporation: Mid-tier silver-gold producer/developer operating the Cosala mine in Mexico and Relief Canyon in Nevada. Comparable in its silver-dominant production profile and Nevada footprint, and serves as a reasonable scaled-up analog to Blackrock's Tonopah West.
• Alexco Resource Corp. Primary silver developer with the Keno Hill silver district in Yukon, Canada. Highly comparable in primary silver thesis, project scale, and TSX Venture listing — Alexco's history of resource expansion and ultimate acquisition by Hecla is a relevant precedent for Blackrock's pathway.

Emerging players

• Westhaven Gold Corp. Junior gold explorer focused on the Shovelnose and other projects in British Columbia. Sean Thompson, Blackrock's Head of IR, was previously VP Corp Dev at Westhaven. While a gold-only play, it shares management talent, Canadian listing, and junior mining development structure with Blackrock.

Broad incumbents

• Hecla Mining Company: Largest primary silver producer in the United States, with operating silver mines in Idaho, Alaska, and Quebec. Hecla acquired Alexco Resource (Keno Hill), demonstrating appetite for primary silver assets, and represents a likely strategic acquirer of advanced silver developers like Blackrock Silver.
• Coeur Mining Inc. U.S.-based mid-tier precious metals producer with significant silver exposure across its Palmarejo, Rochester, and Kensington operations. Operates in Nevada, making it a direct regional incumbent and a credible acquirer of advanced Nevada silver-gold development projects like Tonopah West.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BRCSilver
• YouTubeyoutube.com/@blackrocksilvercorp
• Facebookfacebook.com/blackrocksilvercorp
• LinkedInlinkedin.com/company/blackrock-silver-corp
• Instagraminstagram.com/blackrocksilver

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blackrock Silver