Blende Silver Corp. (TSX.V: BAG) (OTC: BAGGF) has announced the engagement of Ronacher McKenzie Geoscience Inc. (RMG), a leading Canadian geoscience consulting firm, to conduct an integrated geological, geochemical, and geophysical interpretation and targeting program at its 100%-owned Blende Silver-Zinc-Lead Project in north-central Yukon. This decision follows compelling initial results from a 3D induced polarization (IP) survey that identified multiple untested chargeability anomalies significantly larger than those associated with the known West Zone mineralization.
The 3D IP survey was designed to calibrate the geophysical signature over the West Zone, which anchors the company's existing mineral resource, and to test for extensions and new targets across the property. Key observations include a strong correlation between IP chargeability and known mineralization at the West Zone, providing a reliable benchmark. More notably, the survey identified significantly larger-scale untested anomalies in the Lower Central Zone and New Mountain Top areas, which appear several times larger than the West Zone response. These anomalies extend to the edges of the surveyed grid, suggesting potential for greater extent beyond current coverage. Historical drilling in the Central Zone, which targeted the ridge spine toward the East Zone, appears to have been positioned between two distinct anomalies rather than directly testing the strongest responses.
“Blende already hosts the largest carbonate-hosted silver-zinc-lead deposit in the Yukon with a substantial existing mineral resource,” commented 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 (prepared in accordance with NI 43-101 at a 1.5% ZnEq cutoff) outlining substantial resources: Indicated resources of 2,607,000 tonnes grading 326.65 g/t Ag, 1.45% Pb, and 3.35% Zn (27.38 Moz Ag, 83.21 Mlbs Pb, 192.79 Mlbs Zn), and Inferred resources of 9,833,000 tonnes grading 158.22 g/t Ag, 0.92% Pb, and 2.48% Zn (50.00 Moz Ag, 199.60 Mlbs Pb, 537.87 Mlbs Zn). Historical exploration defined the East and West Zones approximately two kilometers apart along a >6 km corridor, and the new 3D IP data provides important context for evaluating potential continuity and overall system scale.
The company is well positioned to advance systematic exploration, with permitting progress advancing and high-quality geophysical data in hand. The integrated interpretation from RMG will guide future programs, including potential updates to the mineral resource estimate to reflect current commodity prices and new results. The technical information in this news release has been reviewed and approved by Dr. Sarah Palmer, P.Geo., an independent consultant and Qualified Person as defined by NI 43-101. Blende Silver Corp. is a Vancouver-based junior resource company focused on silver-zinc-lead exploration and development at its flagship Blende Project, which covers 5,345 hectares and is winter road accessible, located approximately 63 km northeast of Keno Hill, Yukon. The property lies within the Keno Hill silver district, one of Canada's highest-grade historic silver producing districts, currently advanced by Hecla Mining Company. More than $9.2 million has been spent on past exploration, including 25,195 meters of drilling in 132 drill holes.
