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Blackwolf Copper and Gold Ltd BWCGF


Primary Symbol: 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 1StockInformeron Apr 22, 2024 7:17pm
174 Views
Post# 36002344

BWCG: High-Grade Mineralization and a Porphyry System

BWCG: High-Grade Mineralization and a Porphyry System

In a climate marked by global economic and political uncertainties, the allure of the gold sector grows for investors seeking potential gains through junior mining companies.


One such high-potential junior is Blackwolf Copper and Gold Ltd (BWCG.v or BWCGF for US investors) which is actively advancing various projects within the Golden Triangle of British Columbia and Alaska.

User image


Noteworthy among BWCG's supporters is Canadian mining tycoon and billionaire Frank Giustra, who commands a significant 13.4% ownership stake in the company, signaling his strong confidence in the prospects of this junior miner.


Recent updates from BWCG showcase compelling findings stemming from its 2023 exploration endeavors, specifically focusing on drilling and surface sampling activities at the Harry and Cantoo Gold projects, underscoring the company's commitment to aggressive exploration and discovery in mineral-rich regions.


The Cantoo Property unveiled promising signs of high-grade mineralization in scree samples grading 29.2 g/t Au, 2,378 g/t Ag, 4.345% Cu, 7.24% Zn, and 19.9 g/t Au & 7.92 g/t Ag, alongside the discovery of a notable porphyry system through drilling initiatives, hinting at substantial potential.


Similarly, the Harry Property exhibited a spectrum of mineralization styles along a 3-kilometer trend, encompassing high-grade gold-silver veins and multi-ounce silver base-metal veins augmented by gold credits.


Surface samples of the high-grade gold-silver veins include 4.16 g/t Au and 9.71 g/t Ag, while drilling results revealed 1.30 g/t Au and 2.90 g/t Ag over 2.0 meters. 


Surface sampling from the multi-ounce silver base-metal veins with gold credits demonstrated 1,049 g/t Ag, 4.447 g/t Au, 1.521% Cu, 8.0% Pb, and 1.55% Zn. Drilling corroborated this with results of 374 g/t Ag, 5.34% Pb, 1.41% Zn over 0.47 meters.


Backed by secure funding for an extensive drill program scheduled for 2024 at the Harry Property, BWCG is strategically positioned to capitalize on its findings at both the Cantoo and Harry Gold Properties, cementing its dedication to fully unlocking the value of these ventures.


Full Results: 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.

 
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