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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 1StockInformeron Oct 31, 2023 7:56pm
122 Views
Post# 35710300

Exciting Gold Discovery at BWCG.v's Harry Project

Exciting Gold Discovery at BWCG.v's Harry Project

Blackwolf Copper and Gold Ltd. (TSXV: BWCG, OTC: BWCGF) announced yesterday a significant gold find at its Harry Property. This project is strategically nestled within the heart of the BE and Alaska's Golden Triangle and flanked by the historically renowned Premier Gold Project and the previously productive Scottie Gold Mine.


Full press release here: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/980-tsx-venture/bwcg/150351-blackwolf-drills-significant-new-discovery-at-the-harry-property-intersecting-312-g-t-gold-over-1-0-meter-10-0-opt-and-277-g-t-gold-over-1-0-meter-8-9-opt.html


The discovery encompasses an impressive array of high-grade gold, silver, and ultra-high-grade quartz-gold veins, primarily concentrated in the Swann Zone. 

User image


Notably, the first assays received by BWCG revealed not one but two "bonanza grade" gold zones within the same drill hole, boasting 312 grams per tonne (g/t) of gold and 101 g/t of silver over a one-meter span. This revelation stands as one of the most remarkable findings in recent times within the Golden Triangle.


Moreover, the presence of ultra-high-grade quartz-gold veins underscores the immense mining potential inherent in BWCG's discovery. Drawing parallels to the success of Newmont's Brucejack Mine, a prominent high-grade underground operation in North America, further exemplifies the significance of this find.


Blackwolf's CEO, Morgan Lekstrom, expressed his profound excitement and gratitude for this discovery, emphasizing not only its exceptional high-grade nature but also the substantial value it offers to shareholders.


Lekstrom envisions a bright future, highlighting BWCG's potential to create a mining system akin to the one at Brucejack Mine, which was acquired by Newcrest for an impressive $2.7 billion US.


With the potential to establish another high-grade underground mining venture in North America, the future looks incredibly promising for BWCG and its dedicated shareholders.


Company website here:
https://blackwolfcopperandgold.com/.


Posted on behalf of Blackwolf Copper and Gold Ltd.

 
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