TSXV:BWCG - Post Discussion
Post by
MarketMakerss on Dec 06, 2023 4:54pm
BUY Rating & 89% Upside from Couloir Capital
Most recently, BWCG's acquisition of Optimum Ventures added a new property into its existing portfolio of assets which proved to be a substantial development with the discovery of visible gold and the intersection of 312 g/t gold over 1.0m from 139m to 140m as well as 277 g/t gold over 1.0m from 199m to 200m.
Regarding its Cantoo Property, the initial observation from the maiden drill program indicated mineralization consistent with a porphyry system, potentially representing a telescopic porphyry feeder complex to the high-grade Premier-Big Missouri epigenetic Au-Ag veins.
Canton is known as one of the most compelling untested drill targets in the Golden Triangle located in close proximity to the historic Premier Gold Mine.
Additional assays are pending from both Harry and Cantoo, putting BWCG on track for a range of catalysts.
BWCG's third project is the Niblack Copper-Gold-Zinc-Silver Project which hosts a 400 million pound copper equivalent deposit.
Furthermore, BWCG augmented its leadership team ahead of the exploration and drilling programs in 2024 with the appointment of Robert McLeod as Executive Chairman and Morgan Lekstrom as CEO and Director which Couloir believes will "create synergies leading to near-term significant growth catalysts for Blackwolf and its shareholders".
Billionaire Mining Investor Frank Giustra additionally acquired 3.1 million new shares of BWCG, increasing his total ownership stake to 13%, in the latest private placement which provides ample capital for BWCG to advance its exploration activities in 2024.
Couloir sees these developments as a clear indication that BWCG has made significant strides in establishing itself as a top developer of precious and base metals in the Golden Triangle.
Posted on behalf of Blackwolf Copper and Gold Ltd.
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