Blackwolf & the Harry ProjectThe timing seems right for the next set of assays from Blackwolf's Harry project option; possibly next week? It will be interesting to see if they can develop any size on this discovery, since the grades are obviously outstanding. For those who missed it, one hole from the Swann Zone hit two separate one metre intervals of 312 g/t Au & 291 g/t Au respectively. This was a rushed core. Assays from the remainder of the hole and an additional six holes are still pending.
According to my math, after the Optimum/Blackwolf merger, Teuton should hold about 2.6 million shares of Blackwolf if the option commitments ($9 million over five years) are completed. Of course, Teuton would also hold a 20% interest and a 2.0% NSR.
If some size is confirmed, this would arguably put Harry at number 2 on Teuton's asset list.