In a recent presentation at the Deutsche Goldmesse Conference, Morgan Lekstrom, CEO of Blackwolf Copper & Gold Ltd. (Ticker: BWCG.v or BWCGF for US investors), provided a comprehensive update on the company's ventures in metals exploration. The focus of the discussion was on the Niblack Project and the recently acquired Harry property in Stewart, British Columbia.
Lekstrom highlighted Blackwolf's unique position, emphasizing the three pillars of their investment strategy: the leadership team, value (geological assets), and strategic investors. Lekstrom introduced key figures in the leadership team, including Andrew Bowering, the founder of Optimum Ventures and Millennial Lithium, and Rob McCloud, the executive chairman with a deep family history in the Stewart, BC area.
The exploration projects were categorized into three main areas: Harry in British Columbia, Cantoo in Alaska, and Niblack in Southeast Alaska. The acquisition of the Harry project proved to be fruitful, with the discovery of high-grade gold veins, drawing analogies to successful mines like Premier and Bruce Jack.
The Cantoo project, situated on the Alaska side of the Golden Triangle, showcased the company's commitment to venturing into unexplored territories. Lekstrom shared the fascinating story of the project's discovery based on a 1920s map found in a bar in Hyder, Alaska. Initial drilling revealed promising porphyry mineralization, with assay results pending.
However, the spotlight of the presentation was on the Niblack Project in Southeast Alaska. Lekstrom discussed the historical misunderstanding of the VMS deposit, emphasizing recent successes and a fully developed underground mine that allows year-round exploration.
To strategically position Blackwolf for the future, Lekstrom revealed plans for a hub-and-spoke model with a fully permitted mill site, providing a significant advantage in terms of infrastructure and permitting.
Lekstrom hinted at upcoming catalysts, with pending assay results and plans for winter drilling at Niblack, showcasing the company's determination to maintain momentum and deliver value to its shareholders.
With a solid capital structure, including 122 million shares and about $6.2 million in the bank, Blackwolf Copper & Gold Ltd. is poised for further exploration and development.
Full video here:
Posted on behalf of Blackwolf Copper & Gold Ltd.