Blackrock Silver Corp. announced the final high-grade silver and gold intercepts from its DPB in-fill core drilling program, in addition to notable new intercepts from reverse circulation (RC) drilling in the Victor target and a concurrent step-out campaign at DPB on its 100% controlled Tonopah West project, located in the Walker Lane trend of Western Nevada. The final assay results have been received from the DPB in-fill drilling program and are being incorporated into the Company's maiden resource estimate.

In-fill assay results successfully establish continuity of the vein structures and high-grade silver and gold mineralization of this growing, multi-vein system. The Tonopah West project is conveniently situated directly adjacent to the town of Tonopah in Western Nevada, with highway US 95 traversing the property, and the DPB resource area is comprised entirely of patented mining claims. The Company is working towards delivery of a maiden resource estimate on the Tonopah West project, with an estimated completion date of the first quarter of 2022. Step-out drillhole TW21-109 encountered an up-dip portion of Merten vein system 350 metres southwest of the DPB resource area, returning 1.5 metres grading 2 g/t gold and 298 g/t silver or 498 g/t AgEq.

(AgEq_= Ag_g/t + Au_g/tX100). The Merten vein system is the largest mineralized feature identified to date. The vein and its accompanying hangingwall and footwall splays have 1.5 kilometres of mineralized strike and over 1,200 metres of drill-tested dip potential; Step-out drillhole TW21-110 cut two, 1.5 metre zones 250 metres west of the DPB resource area in the stratigraphic position of the Denver vein.

The first intersection returned 2.03 g/t gold and 7.5 g/t silver (210 g/t AgEq), and the second yielded 1.46 g/t gold and 157 g/t silver (303 g/t AgEq). This extends the Denver another 250 metres westward making the overall strike of the Denver to be approximately 800 metres in length; RC drillhole TW21-116 at Victor cut three zones which yielded 1.5 metres grading 1.6 g/t gold and 187 g/t silver (347 g/t AgEq), 1.5 metres with 1.49 g/t gold and 144 g/t silver (293 g/t AgEq), and 3.0 metres returning 1.16 g/t gold and 176 g/t silver (293 g/t AgEq). The three intercepts are related to the Murray, Merger and OK veins.

These veins merge toward the west to become the thick Victor vein, tracked over 480 metres; and Multiple high-grade intercepts reported over select intervals from the DPB in-fill program; and All assays have now been received from the DBP resource definition program that consisted of 57,192 metres of RC and core drilling within 94 drillholes. The maiden resource estimate is on track for the first quarter of 2022.