Blackwolf Copper and Gold Ltd V.BWCG

Alternate Symbol(s): BWCGF

Metals & Mining Industrial Metals & Minerals

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.

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Post by 1StockInformeron Aug 08, 2023 3:49pm

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Post# 35578195

Cantoo Project Drill Program Starts in the Golden Triangle

Amidst a significant transformation occurring in the precious metals sector, Blackwolf Copper and Gold Ltd. (TSXV: BWCG, OTC: BWCGF) has secured complete ownership of several promising Gold, Silver, and Copper projects in Alaska and BC.

These projects include BWCG's high-grade Niblack copper-gold-zinc-silver Volcanogenic Massive Sulphide (VMS) Project and 5 Hyder Area properties which hold substantial potential for gold-silver and VMS resources and are strategically positioned within the renowned Golden Triangle region.

BWCG's Cantoo Property, located in Southwest Alaska adjacent to the Canadian border and in close proximity to the historic Premier Gold Mine currently undergoing redevelopment, presents an alluring exploration opportunity.

Recent news from BWCG heralds the initiation of their inaugural drill program at the Cantoo Mountain Project. This marks the first modern exploration effort at Cantoo since the 1920s, as well as the debut diamond drill program targeting multiple stacked shallow-dipping vein structures and breccia, including a notable 30-meter wide vein.

https://blackwolfcopperandgold.com/news/latest-news/blackwolf-commences-drilling-at-the-cantoo-project-in-alaskas-golden-triangle/

Initial sampling efforts have already unveiled a substantial 30-meter vein displaying impressive high-grade results: up to 30.4g/t Gold, 2860 g/t Silver, and 5.8% Copper, evident at the surface.

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Building upon these encouraging findings, the maiden drill program is set to encompass up to 2000 meters across 4 drill holes, spanning a 1.5-month period. Preliminary results are anticipated to be disclosed by early September.

Of note, Cantoo's proximity to the Premier Mine on the Canadian side of the border highlights the geological continuity and prospective nature of the region. Furthermore, situated within the Golden Triangle—a hub that houses the esteemed Brucejack Mine and various other significant mining ventures—the Cantoo Project holds significant promise.

More on the Cantoo Project in this BWCG CEO interview: