In a recent interview at the Red Cloud's Fall Mining Showcase 2023, Morgan Lekstrom, the CEO of Blackwolf Copper and Gold Ltd. (BWCG.v or BWCGF for US investors), shared valuable insights covering a range of topics, from strategic partnerships to groundbreaking discoveries and providing a comprehensive overview of the company's current initiatives and future prospects.
Strategic Shareholder Involvement:
-Lekstrom shed light on the pivotal role played by the major shareholder and Billionaire Frank Giustra, who recently gave a keynote address.
-Blackwolf's Chairman, Rob McLoud has several strategic connections, notably with industry figures who played a crucial role in attracting strategic investors like Giustra.
Harry Project Highlights:
-The interview delved into the recent successes at the Harry Project, where Blackwolf Copper and Gold hit a visible gold vein. The assay results revealed impressive findings, with 312 g/t of gold in the visible portion and an additional 277 g/t in the secondary part of the hole.
-Lekstrom highlighted the similarities between their discoveries and the highly successful Brucejack project, emphasizing the potential for significant economic value.
Niblack Project Update:
-Lekstrom provided an update on the Niblack project, mentioning the presence of more than six million tons of resources. The company is exploring various strategies, including a hub-and-spoke model, to extract value from this polymetallic deposit rich in critical metals like copper, zinc, gold, and silver.
Challenges in the Mining Industry:
-Acknowledging the challenges faced by the mining industry, Lekstrom discussed the disconnect between the price of gold and gold valuations. He echoed sentiments expressed by industry veterans, emphasizing the need for a fundamental shift in the industry's narrative.
-Lekstrom stressed that the mining sector has not effectively communicated its commitment to sustainable practices and environmental responsibility. He called for a concerted effort to reshape the industry's image, particularly among younger generations.
-Drawing parallels with successful campaigns in other industries, Lekstrom emphasized the importance of influencers and relatable voices to convey the positive aspects of mining and dispel misconceptions.
Overall, the RCTV interview provided a comprehensive view of Blackwolf Copper & Gold's current projects and the broader challenges facing the mining industry. As Blackwolf continues its ventures, its proactive approach to industry perception and strategic partnerships positions it for a promising future in the mining landscape.
Watch here:
Posted on behalf of Blackwolf Copper and Gold Ltd.