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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Blackwolf Copper and Gold Ltd

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Post by MarketMakersson Oct 06, 2023 3:37pm

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Post# 35673802

Frank Guistra Buying More BWCG Following Harry Drilling

Blackwolf Copper and Gold (BWCG.v BWCGF) has successfully completed its initial drilling program targeting the Swann Zone at its Harry Property, revealing abundant visible gold at the newly acquired Harry Project in BC's Golden Triangle.

Encompassing a total of 1,740m of drilling, seven drill holes were completed with each hole encountering significant mineralization.

Notably, the sixth hole encountered coarse visible gold, including a ~10cm long streak at ~140m depth.

Given previous surface sampling and drilling by Optimum Ventures encountered 15.64m of 1437 g/t Silver Equivalent beginning at 8.75m depth approximately 250m from the sixth hole, these vein phases have the potential to host significant gold, silver and base metal-rich mineralization.

BWCG CEO Morgan Lekstrom commented,

"The presence and quantity of visible gold in the drill core at the Swann Zone is promising. We eagerly await assay results from the Swann Zone, where drilling has expanded the strike length by an impressive 250 meters and remains open for expansion in all directions."

This announcement follows BWCG's initial visual assessment of the drill core at its Cantoo Project, located on the Alaskan side of the Golden Triangle, indicating significant alteration and mineralization consistent with a porphyry system.

As one of the most compelling untested drill targets in the Golden Triangle, Cantoo's proximity to the historic Premier Gold Mine currently in redevelopment is significant as well.

With assays pending and initial results expected in the coming weeks, BWCG is emerging as an early-stage gold and precious metals play with significant backing from billionaire Frank Guistra.

Latest News Release: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-drills-abundant-visible-gold-at-the-newly-acquired-harry-project-in-b.c.s-golden-triangle/

Posted on behalf of Blackwolf Copper and Gold Ltd.

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