Blackwolf Copper and Gold Ltd. (TSXV: BWCG) (OTC PINK: BWCGF) has announced the initial assay results from the Swann Zone at the Harry Property, revealing a significant gold discovery in the Golden Triangle.
Details of the Significant Discovery
The results from H23-017 are nothing short of spectacular, with 312 grams per tonne (g/t) gold and 101 g/t silver over 1.0 meter (m), and 291 g/t gold with 118 g/t silver over 1.0m. This discovery places Blackwolf in a league of its own.
Assay Results and Their Implications
These promising results come from a wide zone of multiple, overlapping phases of sulphide mineralization and quartz veins. The high-grade gold is found within coarse gold veins, reminiscent of those at Newcrest/Newmont’s Brucejack Mine to the north and Ascot’s Premier Mine to the south.
The Harry Property’s strategic location, nestled in the Golden Triangle northwest of Stewart BC, provides Blackwolf with a competitive edge. Positioned between the Scottie Gold Mine and the Premier Gold Project, the future holds exciting prospects for the Company.
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Geographical and Strategic Importance of the Harry Property, Blackwolf’s Harry Property is perfectly positioned to capitalize on the region’s rich mining history. With road access and its proximity to previously producing mines, the Harry Property is an asset to Blackwolf. The Property is located strategically between the previously producing Scottie Gold Mine and the historically significant Premier Gold Project, further emphasizing its importance.
This discovery is not just a win for Blackwolf but holds historical significance as well. The high-grade gold discovered at the Harry Property can be compared to the gold found at the Brucejack Mine and the Premier Mine, both of which are prominent mines in North America. The region has a rich history of mining, with the Premier mine being the richest gold mine in North America during the 1920s. The discovery is the result of Blackwolf’s meticulous planning and execution. The 2023 drilling program was comprehensive and followed industry standard procedures, including a quality assurance/quality control (“QA/QC”) program. The QA/QC program consisted of the insertion of certified standard, blanks, and duplicates into the sample stream, ensuring the highest quality of results.
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About Blackwolf Copper and Gold Ltd.
Blackwolf is committed to being an industry leader in transparency, inclusion, and innovation. Guided by its vision, Blackwolf aims to build shareholder value through its technical expertise in mineral exploration, engineering, and permitting. In addition to the Harry Property, Blackwolf holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, among other projects in southeast Alaska and northwest British Columbia.
Future Prospects and Conclusion
The future looks bright for Blackwolf, with CEO Morgan Lekstrom expressing his confidence in the potential of the Harry Property. Morgan Lekstrom, CEO of Blackwolf, extends his sincere congratulations to the team and emphasizes the significance of this discovery for the Company’s shareholders. With a strategic location and a rich history, the Harry Property is set to be the cornerstone of Blackwolf’s success. Stay tuned for more updates as the Company continues to explore and develop its assets.
FAQs
- Q: What is the significance of the discovery at the Harry Property? A: The discovery is significant because it reveals high-grade gold and silver, similar to other prominent mines in North America, and holds tremendous value for Blackwolf’s shareholders.
- Q: How does the Harry Property compare to other mines in the area? A: The Harry Property is strategically located between the previously producing Scottie Gold Mine and the historically significant Premier Gold Project, making it a valuable asset for Blackwolf.
- Q: What is the future prospect for Blackwolf? A: The future is promising for Blackwolf, with the potential to develop a high-grade underground mine similar to the Brucejack Mine.
- Q: What other projects does Blackwolf have? A: In addition to the Harry Property, Blackwolf holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, among other projects in southeast Alaska and northwest British Columbia.
- Q: What is Blackwolf’s vision and mission? A: Blackwolf’s vision is to build shareholder value through its technical expertise in mineral exploration, engineering, and permitting. The Company is committed to being an industry leader in transparency, inclusion, and innovation.
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