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Blackwolf Copper and Gold Ltd 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

Comment by rockport1on May 03, 2024 7:06pm
74 Views
Post# 36022698

RE:RE:RE:RE:RE:RE:RE:RE:Tml

RE:RE:RE:RE:RE:RE:RE:RE:TmlHere is a link to the Teuton news release where they state the option is terminated:  
https://teuton.com/joint-venture-partner-and-optionee-updates-harry-property-del-norte-property-and-treaty-creek-project-golden-triangle-british-columbia/

"Teuton Resources Corp.  (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE) has served a termination notice on Blackwolf Copper and Gold (‘Blackwolf”) in regard to the option agreement between Blackwolf’s subsidiary (Optimum Ventures) and Teuton on the Harry property located north of Stewart, BC.   The notice was served because of a failure to meet certain material obligations of the agreement."


Also, it is buried in the consoldation agreement with TMl News Release: 

Termination of Harry Option Agreement

"Following the most recent exploration work on the Harry Property, Blackwolf has opted to not continue with the required payment to maintain the option and as a result the Harry Property Option Agreement has been terminated."


nofluff wrote: Could u give details??

Nf


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