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 Dec 01, 2023 6:11pm

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Post# 35764562

Gold Breaks Resistance @ $2,050

Breaking through resistance at $2,050 an ounce, even as Federal Reserve Chair Jerome Powell maintains his hawkish stance on US monetary policy, gold has surged to session highs.

As stated by CEO Morgan Lekstrom, this is a "Great time to have a high-grade gold discovery, a copper/gold/zinc/silver deposit that’s highly expandable and an exciting unexplored portion of the Alaska side of the golden triangle. All that to say, commodity requirement is about to outshine sentiment." - https://twitter.com/MLekstrom/status/1730265568752660643

Amid this dynamic market, Blackwolf Copper and Gold (BWCG.v BWCGF) has emerged as a high-potential opportunity with three strong discoveries located in the Golden Triangle.

Most recently, 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 marks a substantial new discovery as the ultra-high-grade quartz-gold veins hint at this being the next BruceJack style gold system (one of the most prominent high-grade underground mines in North America that was acquired for USD$2.7 billion by Newcrest)

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's two additional projects are the Niblack Copper-Gold-Zinc-Silver Project which hosts a 400 million-pound copper equivalent deposit, and the Cantoo Project, one of the most compelling untested drill targets in the Golden Triangle located in close proximity to the historic Premier Gold Mine.

With additional assays pending from both Harry and Cantoo, BWCG is on track for a range of catalysts as it continues to solidify its position as an early-stage precious metals play.

For more information, check out BWCG CEO Morgan Lekstrom's presentation during Red Cloud's Fall Mining Showcase 2023: https://youtu.be/rWyzRl5lwrw?si=QO69YE63nwx8U3RW&t=1

Posted on behalf of Blackwolf Copper and Gold Ltd.

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