Blende Silver Corp Provides Update for the Blende Zinc-Lead-Silver Property

Core Viewpoint - Blende Silver Corp. is advancing its exploration and development activities at the Blende zinc-lead-silver property in Yukon, with ongoing regulatory processes for mining permits and significant mineral resource estimates indicating potential for substantial mineral extraction [1][2][5]. Group 1: Project Development - The Company submitted a Class 4 Quartz Mining Land Use Approval application in January 2025, which is crucial for exploration and development at the Blende property [2]. - Proposed activities include upgrading existing trails, constructing new infrastructure such as a heli-pad and airstrip, and supporting a 25,000-meter drill program with up to 50 surface diamond drill holes annually [2]. - A smaller Class 1 Exploration Notification is being initiated to support a surface drill program with a temporary camp for less than 250 person-days [3]. Group 2: Mineral Resource Estimates - The Blende property hosts a significant mineral resource, with an Indicated Mineral Resource of 4.6 million tonnes grading 1.82% Zn, 1.63% Pb, and 30.3 g/t Ag, translating to approximately 187 million pounds of zinc, 167 million pounds of lead, and 4.5 million ounces of silver [5][6]. - An Inferred Mineral Resource of 42.2 million tonnes grading 1.83% Zn, 1.62% Pb, and 27.5 g/t Ag is also reported, equating to about 1.7 billion pounds of zinc, 1.5 billion pounds of lead, and 37.3 million ounces of silver [5][6]. - The mineralization is characterized as a Proterozoic-aged carbonate-hosted massive sulphide deposit, forming a mineralized corridor over 6 km [5]. Group 3: Regulatory Engagement - The Yukon Environmental and Socio-economic Assessment Board (YESAB) has extended the public comment period for the project until September 18, 2025, encouraging stakeholder participation [3]. - The Company is actively engaging with regulatory authorities to facilitate the approval process for the Class 4 Quartz Mining Permit [2]. Group 4: Historical Context - The Blende property was reported in 1995 as the largest strata-bound, carbonate-hosted, zinc-lead deposit in Yukon, highlighting its historical significance in the mining sector [4].