TSXV:BWCG - Post Discussion
Post by
MarketMakerss on Oct 05, 2023 4:40pm
BWCG Encounters Visible Gold at Harry Project
Having completed its initial drilling program targeting the Swann Zone at its Harry Property, Blackwolf Copper and Gold (BWCG.v BWCGF) has drilled abundant visible gold at its newly acquired Harry Project in BC's Golden Triangle.
Seven drill holes were completed for a total of 1,740m of drilling with each hole encountering significant mineralization.
The sixth hole encountered coarse visible gold, including a ~10cm long streak at ~140m depth.
Based on previous surface sampling and drilling by Optimum Ventures including encountering 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 news follows BWCG's initial visual observation of the drill core at its Cantoo Project, located on the Alaskan side of the Golden Triangle, which suggests 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.
Posted on behalf of Blackwolf Copper and Gold Ltd.
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