Blackwolf Copper and Gold Ltd. (TSXV: BWCG, OTC: BWCGF) announced yesterday a significant gold find at its Harry Property. This project is strategically nestled within the heart of the BE and Alaska's Golden Triangle and flanked by the historically renowned Premier Gold Project and the previously productive Scottie Gold Mine.
Full press release here: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/980-tsx-venture/bwcg/150351-blackwolf-drills-significant-new-discovery-at-the-harry-property-intersecting-312-g-t-gold-over-1-0-meter-10-0-opt-and-277-g-t-gold-over-1-0-meter-8-9-opt.html
The discovery encompasses an impressive array of high-grade gold, silver, and ultra-high-grade quartz-gold veins, primarily concentrated in the Swann Zone.
Notably, the first assays received by BWCG revealed not one but two "bonanza grade" gold zones within the same drill hole, boasting 312 grams per tonne (g/t) of gold and 101 g/t of silver over a one-meter span. This revelation stands as one of the most remarkable findings in recent times within the Golden Triangle.
Moreover, the presence of ultra-high-grade quartz-gold veins underscores the immense mining potential inherent in BWCG's discovery. Drawing parallels to the success of Newmont's Brucejack Mine, a prominent high-grade underground operation in North America, further exemplifies the significance of this find.
Blackwolf's CEO, Morgan Lekstrom, expressed his profound excitement and gratitude for this discovery, emphasizing not only its exceptional high-grade nature but also the substantial value it offers to shareholders.
Lekstrom envisions a bright future, highlighting BWCG's potential to create a mining system akin to the one at Brucejack Mine, which was acquired by Newcrest for an impressive $2.7 billion US.
With the potential to establish another high-grade underground mining venture in North America, the future looks incredibly promising for BWCG and its dedicated shareholders.
Company website here:
https://blackwolfcopperandgold.com/.
Posted on behalf of Blackwolf Copper and Gold Ltd.