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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 Nov 03, 2023 4:25pm
78 Views
Post# 35716571

New BWCG CEO Interview Discussing Harry Property Discovery

New BWCG CEO Interview Discussing Harry Property Discovery
Discussing Blackwolf Copper and Gold's (BWCG.v BWCGF) latest significant milestone, CEO Morgan Lekstrom reported that the company drilled a significant new discovery at its Harry Property: https://youtu.be/sp_3BAikzu0?si=Qn9Idrxrnk03g_uF

With results including the intersection of 312 g/t gold over 1.0m from 139m to 140m as well as 277 g/t gold over 1.0m from 199m to 200m, these assays confirm a significant gold discovery with the high-grade gold occurring within coarse gold veins.

As one of the most exceptional intercepts in the Golden Triangle in recent times, this discovery is a Newcrest BruceJack style gold system with ultra-high-grade quartz-gold veins. Significantly, BruceJack stands out as one of the most prominent high-grade underground mines in North America and was acquired for USD$2.7 billion by Newcrest.

Based on previous sampling, the quartz veins can host significant gold, silver and/or base metal-rich mineralization and these first assays occur within a wide zone of multiple overlapping phases of sulphide mineralization.

Furthermore, this news follows BWCG's recent closure of a $3M oversubscribed and upsized private placement with the lead order coming from Billionaire Mining Investor Frank Guistra for 13.02% of all outstanding and common shares from 11.78% to 13.02% following the closure of an oversubscribed upsized private placement which was closed for gross proceeds of $3,263,532.

With additional assays pending from this first hole and the 6 remaining holes in the program still pending alongside assays from the Cantoo Property, BWCG is emerging as a high-potential and early-stage gold and precious metals play.

Posted on behalf of Blackwolf Copper and Gold Ltd.

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