Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF for US investors) is actively involved in projects situated within the Golden Triangle of British Columbia and Alaska.
The company's potential is underscored by substantial investments from renowned Canadian mining investor and billionaire Frank Giustra, who recently acquired an additional 575,000 shares, boosting his stake in the company to 13.4%.
Additionally, BWCG has observed noteworthy insider buying activity, indicating confidence in its future prospects. Notably, board member Andrew Bowering has purchased $61,050 worth of shares this month, positioning BWCG prominently on Miner Deck's insider buying watchlist.
Source: https://x.com/MinerDeck/status/1769733847267029137?s=20
The recently released 2023 drilling and surface sampling efforts by the company played a crucial role in uncovering the extensive potential of its properties and reasserting its dedication to growth through exploration.
At the Harry Property, a variety of mineralization styles were identified, including high-grade gold-silver veins and multi-ounce silver base-metal veins with gold credits. Comprehensive surface sampling and mapping at the Harry Property unveiled areas exhibiting quartz-sericite-pyrite alteration across a 3-kilometer trend, hosting numerous mineralized zones.
Similarly, at BWCG's Cantoo Property, promising high-grade mineralization was discovered in scree samples, while drilling activities revealed significant potential for high-grade mineralization, confirming the existence of a porphyry system.
With secure funding secured for an extensive 2024 drill program at the Harry Property, BWCG is strategically positioned to capitalize on its discoveries from 2023.
More details: https://blackwolfcopperandgold.com/site/assets/files/5881/bwcg_nr2024-01-2023_expl_results_harry_and_cantoo_fina.pdf
Posted on behalf of Blackwolf Copper and Gold Ltd.