TSXV:BWCG - Post Discussion
Post by
MarketMakerss on Oct 06, 2023 3:37pm
Frank Guistra Buying More BWCG Following Harry Drilling
Blackwolf Copper and Gold (BWCG.v BWCGF) has successfully completed its initial drilling program targeting the Swann Zone at its Harry Property, revealing abundant visible gold at the newly acquired Harry Project in BC's Golden Triangle.
Encompassing a total of 1,740m of drilling, seven drill holes were completed with each hole encountering significant mineralization.
Notably, the sixth hole encountered coarse visible gold, including a ~10cm long streak at ~140m depth.
Given previous surface sampling and drilling by Optimum Ventures encountered 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 announcement follows BWCG's initial visual assessment of the drill core at its Cantoo Project, located on the Alaskan side of the Golden Triangle, indicating 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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