Blende Silver Corp. (TSX.V: BAG) (OTC: BAGGF) announced that it has engaged Ronacher McKenzie Geoscience Inc. (RMG), a leading 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 engagement follows compelling initial results from a 3D induced polarization (IP) survey that revealed 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, which anchors the company's existing mineral resource, and to test for potential extensions and new targets across the property. Key observations include 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 identified multiple significantly larger-scale untested chargeability anomalies, particularly in the Lower Central Zone and New Mountain Top areas. These anomalies appear to be several times larger than the chargeability response associated with the defined West Zone mineralization.
Both the Lower Central Zone anomaly and the New Mountain Top anomaly extend to the edges of the surveyed grid, suggesting potential for 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 (the Lower Central and Backside Central Zone anomalies) rather than directly testing the strongest responses. These findings suggest the potential for greater system scale and continuity than previously recognized, including possible extensions of mineralization from the West Zone through the Central Zone area toward the East Zone, as well as additional mineralized zones across the district-scale property.
“Blende already hosts the largest carbonate-hosted silver-zinc-lead deposit in the Yukon (M. Robinson and C.I. Godwin, Economic Geology, 1995) 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. A 2021 mineral resource estimate (prepared in accordance with National Instrument 43-101 at a 1.5% ZnEq cutoff) outlines a substantial system: 7.2 million tonnes Indicated grading 330.1 g/t silver, 3.00% zinc, and 1.59% lead, and 4.0 million tonnes Inferred grading 293.4 g/t silver, 2.89% zinc, and 1.43% lead. Historical exploration defined the East and West Zones, approximately two kilometers apart along a >6 km corridor. The new 3D IP data provides important new context for evaluating potential continuity and overall scale.
With permitting progress advancing and high-quality geophysical data in hand, the company is well positioned to advance systematic exploration. The integrated interpretation from RMG will guide future programs, including the potential to update the mineral resource estimate to reflect current commodity prices and new exploration 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. The 100% owned property covers 5,345 hectares, is winter road accessible, and is located approximately 63 km northeast of Keno Hill, Yukon, within the historic Keno Hill silver district.
