TSXV:TUO - Post Discussion
Post by
highper on Oct 30, 2023 1:02pm
277 G/T GOLD OVER 1.0 METER (8.9 OPT)
October 30th, 2023, VANCOUVER, BC: Blackwolf Copper and Gold Ltd. ("Blackwolf" or the "Company") (TSXV: BWCG, OTC:BWCGF) is very excited to announce the initial assay results from the Swann Zone at the Harry Property, confirming a significant gold discovery in the Golden Triangle. Results from H23-017 include 312 grams per tonne (“g/t”) gold and 101 g/t silver over 1.0 meter (“m”), and 291 g/t of gold with 118 g/t Silver over 1.0m. These two intervals occur within a wide zone of multiple, overlapping phases of sulphide mineralization and quartz veins. The high-grade gold occurs within coarse gold veins similar to those at Newcrest/Newmont’s Brucejack Mine, north of the Harry Property and Ascot’s Premier Mine, currently in development to the south. The Property, strategically situated in the Golden Triangle northwest of Stewart BC, has road access located between the previously producing Scottie Gold Mine and the historically significant Premier Gold Project. Further assay results from this hole, as well as the remaining 6 holes in the program, are still pending. Additionally, assays are also pending from the Cantoo Property, located south of Harry and west of the Premier Mine.
Highlights:
- An Exciting Discovery of High-Grade Gold and Silver, one of the most exceptional intercepts in the Golden Triangle in recent times.
- First Assays received hit two bonanza grade gold zones in the same drill hole,
- H23-017: 29,098 g/t AgEq* or 312 g/t Au and 101 g/t Ag, over 1.0m from 139m to 140m,
- H23-017: 25,862 g/t AgEq* or 277 g/t Au and118 g/t Ag, over 1.0m from 199 to 200m,
- Newmont’s BruceJack style gold system with ultra-high grade quartz-gold veins.
*Silver Equivalent values were calculated using Au USD/oz $1,850 and, Ag USD/oz $20. Values do not consider metal recoveries.
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