Blackrock Gold (V.BRC) has a highly prospective piece of land in Nevada. The question the company faces is how to gain traction to explore that land.
New CEO Andrew Pollard brought a huge network of mining professionals to the company as well as significant financial clout. Yesterday’s announcement of the appointment of Bill Howald – ex Rye Patch Gold CEO – to the Executive Chairman’s role brings exploration expertise and a huge network of specifically Nevada connections to the company.
In yesterday’s release Howald states, “Bill Howald, Executive Chair stated, “It’s amazing that a project of this quality with multiple high-grade gold drill intercepts in Nevada is undeveloped. Silver Cloud is located in an extraordinarily productive part of north-central Nevada along the Northern Nevada Rift not far from Hecla’s Midas mine and adjacent to its Hollister mine. The project is an excellent asset, with identified high-grade gold and silver vein systems and a large under-explored land package (40.2 sq. Km). Accessing my Nevada contacts and connections, the Company is preparing an exploration program and budget with the aim of delivering drill-ready targets this fall.”
We’re looking forward to significant news as Pollard and Howald move forward with the Silver Cloud project.