Nov 09, 2022 / 08:20PM GMT
Robert McLeod - Blackwolf Copper and Gold Ltd. - President, CEO & Director
And oh so much more in addition to Niblack. Thank you, everybody, for attending my presentation today. Thank you for Red Cloud for hosting it. And I have lots of spare slots tomorrow, if there's any investors that would like some additional information. So why should you take a look at Blackwolf?
Well, there's multiple reasons. We're like many in the sector, quite cheaply valued at these levels where our value is underpinned by a large polymetallic resource. The property is called Niblack. It's located on Tidewater in Southeast Alaska. The current resource is 5.6 million tonnes of indicated and 3.4 million tonnes of inferred. However, this is going to change within the next couple of weeks. We are finalizing an updated resource estimate, which will include multiple rounds of drilling subsequent to the previous estimate, including two new zones with an initial resource estimate.
So this is one of the largest undeveloped polymetallic deposits of its type in the West. We have a good share structure, 40 million
Blackwolf Copper and Gold Ltd at Red Cloud Fall Mining Showcase Transcript
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