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 Nov 28, 2023 8:00pm

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Post# 35757620

Gold Continuing to Hold Near Six Month High

Fueled by a weaker dollar, a growing conviction that the US Federal Reserve has finished raising interest rates and uncertainty in geopolitics, gold prices are holding near six-month highs and provide strong diversification elements to any portfolios while working as a hedge against inflation. (Source: https://www.bloomberg.com/news/newsletters/2023-11-28/is-gold-finally-heading-for-a-new-record-high)

With the latest discovery hinting at its potential to be the next Newcrest BruceJack style gold system with ultra-high-grade quartz-gold veins, Blackwolf Copper and Gold's (BWCG.v BWCGF) Harry Property in Alaska has emerged as a strong discovery and high potential opportunity.

In drilling its Harry Property, BWCG intersected 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.

Harry's ultra-high-grade quartz-gold veins hint at this being the next BruceJack style gold system which stands out as one of the most prominent high-grade underground mines in North America that 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.

Boasting two additional projects spanning the Golden Triangle in British Columbia and Alaska, BWCG is sitting on major growth potential with the Niblack Copper-Gold-Zinc-Silver Project hosting a 400 million pound copper equivalent deposit and the Cantoo Project, one of the most compelling untested drill targets in the Golden Triangle located in close proximity to the historic Premier Gold Mine.

With additional assays pending from the Harry Program still pending alongside assays from the Cantoo Property, BWCG is emerging as a high-potential and early-stage gold and precious metals play.

For more information, check out BWCG CEO Morgan Lekstrom's presentation during Red Cloud's Fall Mining Showcase 2023: https://youtu.be/rWyzRl5lwrw?si=QO69YE63nwx8U3RW&t=1

Posted on behalf of Blackwolf Copper and Gold Ltd.

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