Blende Silver Corp. (TSX.V: BAG) (OTC: BAGGF) announced it has engaged Ronacher McKenzie Geoscience Inc. (RMG), a Canadian geoscience consulting firm, to complete an integrated geological, geochemical, and geophysical interpretation and targeting program at its 100%-owned Blende Silver-Zinc-Lead Project in north-central Yukon. The decision follows compelling initial results from a 3D induced polarization (IP) survey that identified multiple untested chargeability anomalies significantly larger than the known West Zone mineralization.
The 3D IP survey was designed to calibrate the geophysical signature over the known West Zone deposit and to test for potential extensions and new targets across the property, including the approximately 2 km Central Zone gap between the West and East Zones, as well as areas north of these zones. Initial plot-up and inversion of the data showed a strong correlation between IP chargeability and known silver-zinc-lead mineralization at the West Zone, providing a reliable calibration benchmark. More importantly, the survey revealed multiple significantly larger-scale untested chargeability anomalies in the Lower Central Zone and New Mountain Top areas, which appear to be several times larger than the West Zone response. These anomalies extend to the edges of the surveyed grid, suggesting potential for even greater extent beyond current coverage.
Historical drilling in the Central Zone, consisting of 13 holes drilled along the ridge toward the East Zone, appears to have been positioned between two distinct chargeability anomalies rather than directly testing the strongest responses. This finding suggests potential for greater system scale and continuity than previously recognized, including possible extensions of mineralization from the West Zone through the Central Zone toward the East Zone.
“Blende already hosts the largest carbonate-hosted silver-zinc-lead deposit in the Yukon with a substantial existing mineral resource,” said Andrew H. Rees, President and CEO. “The 3D IP survey appears to have delivered a clear calibration at the West Zone while revealing multiple untested chargeability anomalies in the Lower Central and New Mountain Top areas that are notably larger in scale than the West Zone response. This is a significant development that warrants expert interpretation.”
RMG will compile and integrate the Company’s historical geological, geochemical, and drilling data with the new 3D IP results. The program includes geophysical quality control, integrated 3D interpretation, and identification of high-priority targets. Deliverables will include a 3D data workspace, technical report, and presentation, expected within approximately eight weeks.
The Blende Project hosts the largest carbonate-hosted silver-zinc-lead deposit in the Yukon, with a 2021 mineral resource estimate outlining substantial resources. Historical exploration defined the East and West Zones approximately two kilometers apart along a >6 km corridor. The new 3D IP data provides important context for evaluating potential continuity and overall scale of the mineralized system.
With permitting progress advancing and high-quality 3D geophysical data in hand, the Company is well positioned to advance systematic exploration. The integrated interpretation from RMG will guide future programs, including potential updates to the mineral resource estimate. The technical information in this news release has been reviewed and approved by Dr. Sarah Palmer, P.Geo., an independent consultant and Qualified Person under NI 43-101.
For further details, the original press release is available at NewMediaWire.
