The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Permits have been submitted, 2022 season to kick off shortly North of 60 Mining News – May 13, 2022
Blackwolf's Niblack property in Southeast Alaska hosts a historical VMS copper-gold mine at tidewater.
Click photo to see larger map.
Blackwolf Copper and Gold Ltd. May 11 reported an update for the 2022 exploration on its Southeast Alaska projects, including a multi-phased exploration campaign at Niblack, a maiden drill program at Cantoo, and continued reconnaissance of the Texas Creek and Casey properties.
"Blackwolf is looking forward to a year with numerous catalysts including discovery-focused exploration at our flagship, Niblack copper-gold-silver-zinc VMS deposit, and an upcoming, updated mineral resource estimate incorporating recent drilling and our comprehensive new geological interpretations," said Blackwolf Copper and Gold CEO Rob McLeod. "Additionally, we are looking forward to drilling the initial holes into the outcropping gold-silver veins, which are up to 30 meters wide at our new Cantoo property, located just west of the Premier Mine currently in construction by Ascot Resources."
Located at the southern end of the Alaskan Panhandle, on Prince of Wales Island, the Niblack property hosts 5.64 million metric tons of indicated resource averaging 0.95% (118.1 million pounds) copper, 1.74 grams per metric ton (317,220 ounces) gold, 29.5 g/t (5.35 million oz) silver, and 1.73% (215 million lb) zinc; plus 3.39 million metric tons of inferred resource at 0.81% (60.7 million lb) copper, 1.33 g/t (144,710 oz) gold, 20.1 g/t (2.19 million oz) silver, and 1.29% (96.3 million lb) zinc.
The company is currently planning a multi-phased exploration campaign that will include diamond drilling, focused on both resource definition and exploration at Niblack, as well as the maiden diamond drilling program targeting wide, outcropping veins and breccias at the Cantoo gold-silver property in the Golden Triangle, near Hyder, Alaska.
Acquired through staking in 2021, the Hyder properties comprise three claim groups – Texas Creek, Cantoo, and Casey – totaling 3,874 hectares (9,573 acres) across 474 federal mining claims.
These properties are located on the Alaskan side of the Golden Triangle, northwest of the town of Hyder and tidewater. The properties also lie south of the past-producing Granduc Copper and Scottie gold mines and west of the past-producing Premier, Big Missouri, and Silver Coin gold-silver mines in British Columbia.
Ultimately, very limited modern exploration has been undertaken in the area, with virtually none in the last 25 years.
Permit applications for planned work on both the Niblack and Hyder projects have been submitted to the U.S. Forest Service. Both applications have completed the environmental review and public scoping process, and Blackwolf anticipates the receipt of a decision memo regarding the projects shortly.
"We appreciate our shareholders' patience during our various permitting processes and Niblack site upgrades," added McLeod. "It is our commitment to operate safe, clean and low-impact projects in Southeast Alaska. We are now set up to rapidly advance one of the largest, undeveloped underground copper-gold deposits in the pacific northwest."
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