Blackwolf Copper and Gold Ltd V.BWCG

Metals & Mining Industrial Metals & Minerals

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.

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Blackwolf Copper and Gold Ltd

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Post by MarketMakersson Nov 14, 2023 7:57pm

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Post# 35735803

The High Value of Gold

High liquidity, diversification value, low correlation to traditional stocks and bonds, as well as market shocks or elevated uncertainty, are some of the reasons gold is so highly valued and viewed as a hedge against inflation, as discussed by Billionaire Mining Investor Frank Giustra on "Why you should invest in gold bars and coins for the holidays": https://www.cbsnews.com/news/why-to-invest-in-gold-bars-and-coins-for-holidays/

With significant backing from Giustra, Blackwolf Copper and Gold (BWCG.v BWCGF) has emerged as a high-potential opportunity having drilled one of the most exceptional intercepts in the Golden Triangle in recent times.

In drilling the significant new gold discovery at its Harry Property, BWCG intersected 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.

This discovery is a Newcrest BruceJack style gold system with ultra-high-grade quartz-gold veins. Significantly, BruceJack stands out as one of the most prominent high-grade underground mines in North America and was acquired for USD$2.7 billion.

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.

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 1.78% 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.

Latest News Release: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-drills-significant-new-discovery-at-the-harry-property-intersecting-312-g-t-gold-over-1.0-meter-10.0-opt-and-277-g-t/

Posted on behalf of Blackwolf Copper and Gold Ltd.

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