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Blackwolf Copper and Gold Ltd V.BWCG

Blackwolf Copper and Gold Ltd. is a mineral exploration and development company focused on base and precious metal projects located in Alaska and British Columbia. It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska, as well as six Hyder Area gold-silver and base metal properties in southeast Alaska and northwest British Columbia in the Golden Triangle, including the Cantoo and Harry properties. The Niblack copper-gold-zinc-silver project is located on Prince of Wales Island in southeast Alaska. The project covers approximately 6,200-acres, including 250 acres of patented land. The Hyder Properties are composed of five claim blocks (Cantoo, Mineral Hill, Texas Creek, Casey, Harry, and Rooster) located within the Golden Triangle and adjacent to the Alaska/British Columbia boarder. The Cantoo Property is a 513-hectare (ha) area comprised of about 63 claims. The Mineral Hill Property is a 502-ha area.


TSXV:BWCG - Post by User

Post by MarketMakersson Oct 31, 2023 3:22pm
133 Views
Post# 35709836

BWCG RedCloud Webinar Replay

BWCG RedCloud Webinar Replay

Blackwolf Copper and Gold (BWCG.v BWCGF) drilled a significant new discovery at its Harry Property, intersecting 312 g/t gold over 1.0m from 139m to 140m as well as 277 g/t gold over 1.0m from 199m to 200m!

For more information BWCG CEO Morgan Lekstrom, held a webinar with RedCloud to discuss these results alongside BWCG's Cantoo Project, Leadership and Strategic Investors: https://www.youtube.com/watch?v=2pOdP6qNT_k&ab_channel=RedCloudTV

Notably, the initial assay results from the Swann Zone at the Harry Property confirmed a significant gold discovery with the high-grade gold occurring within coarse gold veins.

As one of the most exceptional intercepts in the Golden Triangle in recent times, this discovery is a Newcrest BruceJack style gold system with ultra-high-grade quartz-gold veins.

Based on previous sampling, the quartz veins can host significant gold, silver and/or base metal-rich mineralization and these first assays occur within a wide zone of multiple overlapping phases of sulphide mineralization.

BWCG CEO, Morgan Lekstrom, commented:
The Swann zone, like BruceJack, bears the imprint of the McLeod family's exploration and area knowledge. We are not only thrilled by the exceptional high-grade nature of this discovery, but also the tremendous value it holds for our shareholders. Notably, BruceJack was acquired for USD$2.7 billion by Newcrest and stands as one of the most prominent high-grade underground mines in North America. I firmly believe that we have the potential to develop another similar system.
Furthermore, this news follows BWCG's recent closure of a $3M oversubscribed and upsized private placement with the lead order coming from Billionaire Mining Investor Frank Guistra for 13.02% of all outstanding and common shares from 11.78% to 13.02% following the closure of an oversubscribed upsized private placement which was closed for gross proceeds of $3,263,532.

With additional assays pending from this first hole and the 6 remaining holes in the program still pending alongside assays from the Cantoo Property, BWCG is emerging as a high-potential and early-stage gold and precious metals play.

Posted on behalf of Blackwolf Copper and Gold Ltd.

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