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Blende Silver Engages Ronacher McKenzie Geoscience to Advance District-Scale Interpretation and Targeting Following Promising 3D IP Survey Results at Flagship Yukon Project

Blende Silver engaged Ronacher McKenzie Geoscience after an in-house review of a 3D induced-polarization (IP) survey at its Blende Ag-Zn-Pb project revealed multiple, significantly larger chargeability anomalies than the known West Zone. The anomalies (notably in the Lower Central and New Mountain Top areas) extend to survey edges and suggest greater system scale and potential continuity between West, Central and East zones. RMG will integrate historical geological, geochemical, drilling and new 3D IP data and deliver a 3D workspace, technical report and prioritized targets in ~8 weeks. Market impact: the results increase the prospect of expanding the project’s silver inventory and a future resource update, which is bullish for Blende Silver’s valuation and supportive for silver exposure (XAGUSD) over the medium term, though near-term effect on the silver price is likely limited until drilling and resource upgrades materialize.

Category

Silver

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min