Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF for US investors) is actively engaged in projects within the Golden Triangle of British Columbia and Alaska. The potential of BWCG is underscored by significant investments from prominent Canadian mining investor and billionaire Frank Giustra, who recently acquired an additional 575,000 shares of BWCG, putting his stake in the company to 13.4%.
As shown in the tweet below, Giustra, recently emphasized the urgent need for Canadian pension funds to increase their investments in the domestic resource sector during an appearance on BNN Bloomberg. Giustra highlighted Canada's lagging position in the global competition for critical minerals and the resulting economic vulnerabilities due to insufficient domestic investment.
Source: https://twitter.com/fioregroup/status/1760034089959301188?s=20
Giustra's faith in BWCG in particular is underscored by the company's recently-released conclusive results from its 2023 drilling and surface sampling endeavors, demonstrating the company's dedication to exploration and resource discovery in lucrative regions.
At its Harry Property, various styles of mineralization were identified, including high-grade gold-silver veins and multi-ounce silver base-metal veins with gold credits. Surface sampling and mapping at the Harry Property uncovered extensive areas of quartz-sericite-pyrite alteration, along with a 3-kilometer trend housing multiple mineralized zones.
Similarly, at BWCG's Cantoo Property, promising high-grade mineralization was identified in scree samples, while drilling efforts revealed 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.
For the full press release, click 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.