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Blackwolf Copper and Gold Ltd V.BWCG

Alternate Symbol(s):  BWCGF

Blackwolf Copper and Gold Ltd. is a mineral exploration and development company focused on base and precious metal projects located in Alaska and British Columbia. It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska, as well as six Hyder Area gold-silver and base metal properties in southeast Alaska and northwest British Columbia in the Golden Triangle, including the Cantoo and Harry properties. The Niblack copper-gold-zinc-silver project is located on Prince of Wales Island in southeast Alaska. The project covers approximately 6,200-acres, including 250 acres of patented land. The Hyder Properties are composed of five claim blocks (Cantoo, Mineral Hill, Texas Creek, Casey, Harry, and Rooster) located within the Golden Triangle and adjacent to the Alaska/British Columbia boarder. The Cantoo Property is a 513-hectare (ha) area comprised of about 63 claims. The Mineral Hill Property is a 502-ha area.


TSXV:BWCG - Post by User

Post by MarketMakersson Aug 04, 2023 12:53pm
97 Views
Post# 35573608

Golden Triangle Potential

Golden Triangle Potential
Blackwolf Copper and Gold (BWCG.v BWCGF), has commenced drilling at its Cantoo project in Alaska's Golden Triangle, a 500km belt of mineralization stretching from British Columbia!

The Golden Triangle has hosted many past-producing mines, with several in various stages of being brought back into production, however, BWCG is the only player on the US Side.

Containing a wide variety of mineral deposits, the Triangle is situated within the Sulphurets Hydrothermal System, which hosts one of the world’s largest concentrations of minerals including:
  • 188 million ounces of gold estimated reserves, with 47.5 million proven and probable
  • 1.2 billion ounces of silver, with 214 million proven and probable
  • 55 billion pounds of copper, with 10 billion proven and probable.
BWCG's program will test multiple stacked shallow-dipping vein structures and breccia including a 30m wide vein with high-grade results of up to 30.4g/t Gold, 2860 g/t Silver, and 5.8% Copper outcropping at the surface.

The initial drill holes could exceed 700m to test the multiple structures with the plan to cover up to 2000m in 4 drill holes over a 1.5-month period. Initial results are expected in early September

This is the maiden drill program at Cantoo, the first modern exploration effort and the first-ever diamond drill program, highlighting the significant discovery potential here.

BWCG CEO and Director, Morgan Lekstrom, commented:
"Cantoo stands out as one of the most compelling untested drill targets in the Golden Triangle. Notably, it lies just approximately 600 meters away from the Premier Mine on the Canadian side of the border. As we know, geology transcends boundaries and borders, and in this prolific region, which is also home to the renowned Brucejack Mine (acquired in 2021 for $2.8 Billion) and numerous other significant mining endeavors, we are poised to unveil the hidden treasures that lie beneath its surface."

Posted on behalf of Blackwolf Copper and Gold Ltd.

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