Blackwolf Copper and Gold Ltd V.BWCG

BWCG Reports Final 2023 Results from Harry & Cantoo

[MarketMakerss]

Today, Blackwolf Copper and Gold (BWCG.v BWCGF) reported the final results from drilling and surface sampling on its Harry Property, as well as the inaugural drilling on its Cantoo Property, both of which were completed in 2023 and are strategically located in the prolific Golden Triangle.

 

7 Hole Surface Drill Program and Surface Sampling at the Harry Property

• Total of 1,741m of drilling across 7 holes
• Multiple Mineralization-Styles
  • Two Distinct Styles: 1) High-grade gold-silver veins 2) Multi-ounce silver base-metal veins
• Multi-Zone Mineralization: Silver and base-metal occurrences identified over a 3-km trend and two areas of intense quartz-sericite-pyrite alteration up to 1km in extent and associated with the new high-grade visible gold vein discovery at the Swann Zone
• Multi-ounce silver-base metal veins with gold credits in samples like B976744 1,049 g/t Ag, 4.447 g/t Au, 1.521% Cu, 8.0% Pb, 1.55% Zn, B976724 714 g/t Ag, 14.19% Pb, 16.83% Zn, and B0012762 475 g/t Ag, 9.79% Pb, 10.34% Zn
• Outcomes exceeded expectations

 

Inaugural Drill Program at Cantoo

• 1,356m completed in three holes
• Surface exploration highlighted the high-grade mineralization with multiple scree samples including 29.2 g/t Au, 2,378 g/t Ag, 4.345% Cu, 7.24% Zn, and 19.9 g/t Au and 7.92 g/t Ag.
• Intersected porphyry-style alteration & strong zones of quartz-sericite alteration with sulphide mineralization
• Analogue to confirmed wide surface Cantoo vein mineralization outcropping in cliffs
• Mineralization closely associated with Jurassic-aged Texas Creek Intrusion suite

 

Rob McLeod, Blackwolf's Executive Chairman stated,

"Encountering Brucejack-style remobilized coarse electrum veins at Harry was the highlight of the 2023 program. Extensive multiphase sulphide-rich veining within a wide halo of strongly anomalous gold and silver is highly encouraging. Drilling in 2024 will target additional high-grade surface values and structural/geochemical traps located up dip from the high-grade veins. At Cantoo, geochemical vectoring and surface sampling are suggesting a northeast strike and steep dip to the wide veins; subsequent drilling will test this concept."

 

With this, BWCG has significantly expanded on previous results at the Harry Property, made a gold discovery and gained a comprehensive understanding of the Cantoo Geology, as detailed by BWCG CEO Morgan Lekstrom:

"This has led to a tremendous year for our initial drilling endeavors on both properties, and we are eager to build upon the discoveries at Harry and our newfound insights into the Cantoo Property. Mineralized occurrences at Harry have extended from the Swann Zone to several other mineralized occurrences across a 3-kilometer trend, adjacent to one of North America's historically high-grade producers. "

 

Going forward, BWCG is Fully funded to proceed with an extensive drill program on the Harry Property in 2024 with multiple areas anticipated to have further high-grade discoveries.

 

Plus, with an enhanced understanding of Cantoo, BWCG can now drill more efficiently and cost-effectively in pursuit of what is believed to be a significant new discovery as, "It's important to remember that mines in the area are often discovered with over 100 drill holes, and with just 3 drill holes, we have obtained the information that uniquely positions us to expand our drilling at Cantoo and awaken this sleeping giant."

 

Full News Release: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-reports-final-results-for-drilling-and-surface-sampling-on-the-harry-property-and-the-inaugural-drilling-on-the/

 

Posted on behalf of Blackwolf Copper and Gold Ltd.