Blackwolf Copper and Gold Ltd V.BWCG

More than 20 million tonnes of Copper consumed each year

[waves1]

Given more than 20 million tonnes are consumed each year across a variety of industries, copper is increasingly one of the most important metals in the world. Combined with silver and gold, two precious metals that offer investors protection during periods of economic and political uncertainty, the three metals are a significant bet as the world transitions to clean energy.

(Source: https://www.mining.com/copper-and-silver-the-electrical-metals/)

With significant backing from billionaire Frank Guistra, Blackwolf Copper and Gold (BWCG.v BWCGF) has emerged in this landscape as an early-stage gold and precious metals play located in Alaska's Golden Triangle, a 500km belt of mineralization stretching from British Columbia.

BWCG's initial visual observation of the drill core at its Cantoo Project following the completion of a 3-hole, 1,356 m maiden drill program, suggests significant alteration and mineralization consistent with a porphyry system.

Strong silicification zones including veining with sulphides were additionally intersected, corresponding with surface expressions identified from the previous surface sampling which include high-grade mineralization with grades up to 30.4 grams per tonne ("g/t") gold, 2,860 g/t silver and 5.8% copper.

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 for the initial drill holes, BWCG is now exploring the Harry Property which was recently acquired with the approval of its acquisition of Optimum Ventures.

BWCG CEO and Director, Morgan Lekstrom commented,

"With the acquisition of Optimum, Blackwolf has become a top developer of precious and strategic metal projects in Alaska and British Columbia's Golden Triangle. We are excited to welcome Optimum shareholders and our new board member, Andrew Bowering. This merger has brought exciting projects and expertise to Blackwolf, and we believe it contribute significantly to our goal of creating value for our shareholders."

Latest News Release: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-completes-acquisition-of-optimum-ventures-andrew-bowering-joins-the-board-of-directors/

Posted on behalf of Blackwolf Copper and Gold Ltd.