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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 Mar 12, 2024 8:00pm
108 Views
Post# 35929512

Insider Buying Signals Confidence

Insider Buying Signals Confidence

Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF for US investors) is actively involved in projects situated within the Golden Triangle of British Columbia and Alaska. 


The company's potential is emphasized by substantial investments from renowned Canadian mining investor and billionaire Frank Giustra. Giustra recently acquired an additional 575,000 shares of BWCG, increasing his stake in the company to 13.4%.


Moreover, BWCG has witnessed significant insider buying activity, a signal of confidence from those within the company regarding its future prospects.

User image


The company's recently released 2023 drilling and surface sampling endeavors were pivotal in revealing the vast potential of its properties and reaffirming its commitment to exploration-driven growth.


At the Harry Property, various styles of mineralization have been identified, including high-grade gold-silver veins and multi-ounce silver base-metal veins with gold credits. Extensive surface sampling and mapping at the Harry Property have revealed areas of quartz-sericite-pyrite alteration spanning a 3-kilometer trend, housing multiple mineralized zones.


Similarly, at BWCG's Cantoo Property, promising high-grade mineralization was found in scree samples, while drilling efforts unveiled substantial potential for high-grade mineralization, confirming the presence of a porphyry system.


With secure funding in place for an extensive 2024 drill program on the Harry Property, BWCG is well-positioned to capitalize on its 2023 discoveries.


More here: https://blackwolfcopperandgold.com/site/assets/files/5881/bwcg_nr2024-01-2023_expl_results_harry_and_cantoo_fina.pdf


Posted on behalf of Blackwolf Copper and Gold Ltd.

 
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