Blende Silver Corp. (TSX.V: BAG) (OTC: BAGGF) announced that the Yukon Department of Energy, Mines and Resources has granted the company a Class 3 Quartz Mining Land Use Approval for its 100%-owned Blende Silver-Zinc-Lead Project in north-central Yukon. The approval, effective July 13, 2026, and valid through July 12, 2031, provides a five-year permitting window for advanced exploration across all 260 quartz claims.
“This approval is a major de-risking milestone for Blende Silver,” said Andrew H. Rees, President and CEO. “With a five-year Class 3 permit in hand covering the entire claim package, the Company now has the regulatory certainty to plan and execute sustained, multi-season drill programs at what is the largest carbonate-hosted silver-zinc-lead deposit in Yukon.”
The approval permits diamond drilling across the project area, an operating season from February 1 to September 15 annually, camp facilities for up to 50 persons (supporting up to 11,300 person days of work), a permitted airstrip (25,000 m²), upgrading of 5 km of existing access and construction of 2 km of new road, winter access via the Wind River Winter Road, and on-site fuel storage. The company acknowledges the First Nation of Na-Cho Nyak Dun, on whose traditional territory the project is located, and commits to responsible exploration and compliance with all conditions.
The Blende Project hosts the largest carbonate-hosted silver-zinc-lead deposit in the Yukon (M. Robinson and C.I. Godwin, Economic Geology 1995). A mineral resource estimate at a 1.5% ZnEq cutoff, disclosed in a May 20, 2021 news release, includes historical figures that have not been updated. The estimate was prepared by Sue Bird, P.Eng., of Moose Mountain Technical Services, an independent Qualified Person. The project covers 5,345 hectares and is located approximately 63 km northeast of Keno Hill, Yukon, within the Keno Hill silver district.
With the Class 3 approval in hand, Blende Silver intends to advance exploration programs over the coming seasons. The company is also conducting district-scale targeting work with Ronacher McKenzie Geoscience. This approval provides the regulatory certainty needed to aggressively pursue resource growth at the Blende Project.
