JUNIORMETRICS

Blende Silver Corp.B

BAGGF·BAG·US$0.11 (CAD 0.16)·US$9.8M cap
Zincalso:Blende Project (100%, carbonate-hosted Ag-Zn-Pb, Mayo Mining District, Yukon, Canada) Map

Blende Silver Corp. (TSXV: BAG, formerly Blind Creek Resources, renamed Dec 2020) is a Vancouver-based explorer whose 100%-owned Blende Project (260 quartz mining claims, ~5,434 hectares, Mayo Mining District, Yukon) hosts the largest carbonate-hosted silver-zinc-lead deposit in the Yukon. A current NI 43-101-compliant Mineral Resource Estimate (Moose Mountain Technical Services, effective 2021-03-15) reports an Indicated Mineral Resource of 4.6 Mt @ 1.82% Zn, 1.63% Pb, 30.3 g/t Ag (187M lb Zn / 167M lb Pb / 4.5 Moz Ag), plus a much larger Inferred Mineral Resource of 42.2 Mt @ 1.83% Zn, 1.62% Pb, 27.5 g/t Ag (1.7B lb Zn / 1.5B lb Pb / 37.3 Moz Ag) -- the West and East Zones sit ~2km apart along a >6km mineralized corridor. The company received a 5-year Class 3 Quartz Mining Land Use Approval (Jul 2026-2031) and mobilized a maiden drill crew in Aug 2026 to test 3D IP chargeability anomalies in the Central Zone between the two known deposits; no PEA or other economic study has been completed -- the company states it is still working toward commencing PEA-stage work.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Road Access1 of 4 checked, 1 in place

Not yet determined: mill, tailings facility, grid power.

Not yet researched
Weak track recordStrong track record
4.6/10
Thin runwayWell-capitalized
4.6/10 vs.
How this is calculated
3.9/10
Weaker depositStronger deposit
3.9/10 vs.
How this is calculated
6.8/10
Harder place to buildEasier place to build
6.8/10 vs.
What goes into it
  • Jurisdiction (40%)8/10

    Yukon: Fraser PPI 2025 is 62.19 of 100 (rank 47 of 68), which maps to 8 on this site's scale. The Blende project is in the Mayo Mining District of north-central Yukon. Yukon has Canadian rule of law, but mining executives rate its policy climate below Canada's leading provinces.

  • Infrastructure (40%)6.4/10

    Confirmed road access at Blende Silver-Zinc-Lead Project, Mayo Mining District, Yukon, Canada; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.1/10
Weaker profileStronger profile
5.1/10 vs.
Price Chart
$0.071$0.082$0.068$0.122$0.116SepDecAprJulOct
Sep 19, 2025 – Oct 15, 2026
$0.11
+163.2%from low-52.1%from high
$0.043$0.24
$9.8M
Far belowFar above
$9.8M vs. $19.1M peer median
Price (USD - Local)
US$0.11 (CAD 0.16)
Cash Position (USD)
$683.9K
Far belowFar above
$683.9K vs. $1.1M peer median
Debt (USD)
$60.2K
Far aboveFar below
$60.2K vs. $0 peer median
$9.2M
Far belowFar above
$9.2M vs. $16.8M peer median
86.8M
Far aboveFar below
86.8M vs. 160.8M peer median
Jurisdiction
Canada
187,000,000 lb Zn
Feeds Deposit Quality score
Indicated187,000,000 lb Zn
Inferrednot scored1,706,000,000 lb Zn
Total resource1,893,000,000 lb Zn
Far belowFar above
187M lb vs. 672.8M lb peer median
Compares M&I only — Inferred isn't compared or scored.
$0.049/lb
M&I
Total resource (incl. Inferred)$0.005/lb
Peer median $0.032/lb
Far aboveFar below
$0.049/lb vs. $0.061/lb peer median
Cut-off: 1.5% ZnEq (within a pit constrained for reasonable prospects of eventual economic extraction)

Acquisition Susceptibility

How this is calculated
4.4/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    3.5/10

    Stage: Resource Definition

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    8/10

    Canada: jurisdiction score 8/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    2/10

    Primary commodity: Zinc

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-32% since 2026-09-19 · -32% from peak

Your Rankings

Community Sentiment
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Management Team

President & Chief Executive Officer of Blende Silver Corp. (TSXV: BAG); also Lead Director, Communications of Casa Minerals Inc. Capital markets and resource sector professional with over 25 years of experience in the advancement and financing of mineral exploration and development companies. Previously a director of Barkerville Gold Mines Ltd., advancing the Cariboo Gold Project and developing two operating British Columbia mines. Currently Lead Director of Doubleview Gold Corp. (TSXV: DBG), which has announced a Preliminary Economic Assessment on its Hat polymetallic project in northwestern British Columbia.

Chief Financial Officer of Blende Silver Corp. (TSXV: BAG). CPA, CGA and a member of the Chartered Professional Accountants of British Columbia; has worked for TSX-V listed mining companies since 1994. Source: blendesilver.com/about/.

Director of Blende Silver Corp. (TSXV: BAG). B.Comm., J.D., graduate of the University of British Columbia. After an initial career at the federal Department of Justice he has focused primarily as a legal, financial and business consultant to publicly traded companies, and serves as an officer and/or director of multiple TSX-V listed companies. Source: blendesilver.com/about/.

Director of Blende Silver Corp. (TSXV: BAG). Chartered Public Accountant (Chartered Accountant and Certified Management Accountant) with over 40 years of experience in public practice and industry. Bachelor of Commerce in Accounting and Management Information Systems, University of British Columbia; five years at Thorne Riddell (later KPMG) before establishing his own accounting practice. Source: blendesilver.com/about/.

Director of Blende Silver Corp. (TSXV: BAG). Capital markets and corporate lawyer with over 35 years of international experience in mining law, contracts, corporate strategy, mergers and acquisitions, government relations, indigenous relations, marketing and capital raising. Source: blendesilver.com/about/.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money

No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Despite its name, Blende Silver's main metal by value is zinc: its 100%-owned Blende project, 260 quartz claims covering about 5,434 hectares in Yukon's Mayo mining district, hosts the largest carbonate-hosted silver-zinc-lead deposit in Yukon. A resource effective 15 March 2021 reports 4.6 Mt indicated at 1.82% zinc, 1.63% lead and 30.3 g/t silver, containing 187,000,000 lb of zinc, 167 million lb of lead and 4.5 Moz of silver, plus 42.2 Mt inferred containing 1,706,000,000 lb of zinc. In 2026 the company received a five-year Class 3 mining land-use approval and began its first drilling of induced-polarisation targets in the Central Zone between the West and East zones. No economic study has been completed, and the company says it is working toward starting PEA-level work.