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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

Comment by rockport1on May 05, 2024 5:21pm
76 Views
Post# 36024076

RE:RE:Where is the synergy between TML & BWCG?

RE:RE:Where is the synergy between TML & BWCG?Thanks for your input.  I have been reviewing the Blackwolf and TML published documents today, and still don't understand why this is happening.  I suppose you could be right, something is being cooked up, but it is not visible as far as I can ascertain. 

I am also somewhat puzzled why Blackwolf would not continue the Harry option.  This is what Rob McLeod said after the release of the final assays in January:

"Rob McLeod, Blackwolf’s Executive Chairman states, “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."

So if the Harry results were the highlight of 2023, why drop the option?  Strange indeed.

Which leaves Niblack as the only significant asset.  Is Niblack why TML wants to consolidate?  Again, seems odd that Niblack is so coveted to induce a takeover at this point.  Still confused.

marketsense wrote: I get your point rockport.  There is no synergy however with Giustra and the way he
thinks,  there could be some longer term motive.  The Niblack asset is not exactly
moose pasture and could be sold off at some point for a pretty penny if they so
choose.  I listened to one of his last interviews where he stated that copper and
other metals will have their run and he feels it is not far off in the distance.  I am
quite content that they are keeping Blackwolf's assets for now.  I still feel that this 
move will prove to be beneficial down the road despite the odd pairing and lack of
synergy.  Giustra doesn't make moves like this on a whim.  Only time will tell but
from his history I feel confidant there is a plan but will take time to execute.

ms


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