Massive Gold Targets in Alaska's Prolific Golden Triangle

• Blackwolf Copper & Gold is exploring the promising Cantoo gold prospect in Alaska's Golden Triangle, near the Premier gold mine. They will start drilling in June, with assay results expected in July.
• Cantoo has high-grade gold in outcrop, with samples up to 1 oz/ton gold over 30 meters wide. This is an exceptional target that has never been drilled before.
• Blackwolf also has the Niblack polymetallic deposit in Alaska with 6M tons of resources. They are studying a shared mill with other juniors to reduce costs.
• The company has a tight share structure with strong institutional support including Frank Giustra.
• Blackwolf's exploration projects have excellent discovery potential in a proven gold region. Drilling results this summer could drive significant share price appreciation.

Blackwolf Copper and Gold is a Canadian mineral exploration company focused on two high-potential projects in Alaska's acclaimed Golden Triangle region. With minimal shares outstanding, successful financings, and imminent drilling on exceptional targets, Blackwolf offers investors tremendous discovery upside.

The company's flagship property is the Hyder Project, located near the town of Hyder, Alaska. It consists of five claim groups totaling over 16,000 hectares along the Alaska/British Columbia border. The southern end of Hyder adjoins the advanced-stage Premier Gold Project owned by Ascot Resources Ltd. Premier hosts a mineral resource of 4.9 million ounces of gold.

Within Hyder, Blackwolf's primary target is the Cantoo prospect. According to Blackwolf CEO Rob McLeod, Cantoo "is the best drill target I've ever seen in my career." What makes Cantoo so promising is the presence of multiple visible gold veins protruding from cliffs across a 5-kilometer trend. Limited sampling of these veins has returned exceptional grades up to 1.06 ounces per tonne (opt) gold over 30 meters. This suggests the presence of a large, high-grade gold system.

McLeod explains, "It's a 30 meter wide vein and it's a series of veins, but the key one is 30 meters wide and it averages one ounce per ton of gold. These are unicorn-like. I’ve been working in this business for 30 years it's very rare to see these types of deposits that have never had a drill hole in it."

The company will commence its maiden drill program on the Cantoo veins in June 2023, with assay results expected by July. Cantoo appears analogous to GT Gold's Saddle discovery in British Columbia's Golden Triangle, which generated returns of up to 20x for early investors after drilling kicked off in 2017.

In addition to Cantoo, the Hyder claims contain numerous other intrusion-related gold targets and high-grade silver-gold veins that Blackwolf plans to explore.

Blackwolf's second key asset is the Niblack copper-gold-zinc-silver VMS project, located on Prince of Wales Island in southeast Alaska. NI 43-101 compliant resources at Niblack currently stand at 5.7 million tonnes of indicated resources grading 1.96% copper, 2.01 g/t gold, 0.99% zinc and 36.3 g/t silver, plus 3.2 million tonnes inferred grading 0.50% copper, 0.49 g/t gold, 2.02% zinc and 17.2 g/t silver. This equates to 224 million pounds of copper, 513,000 ounces of gold, 230 million pounds of zinc, and 9.6 million ounces of silver.

However, McLeod sees strong potential to significantly expand the deposit, which remains open along strike and at depth. He stated,

"This project needs probably $25 to $30 million worth of drilling to really get it up to the size where it's of interest to majors."

To advance Niblack in a cost-effective manner, Blackwolf is collaborating with several other junior explorers to evaluate the development of a centralized mill facility. By sharing infrastructure, each company could reduce projected capital costs by 50-75%. Blackwolf is budgeting an initial $300,000 to support engineering studies for this mill in 2022.

Blackwolf maintains a tight capital structure with only 78.5 million shares outstanding and a modest market capitalization of $25 million, giving it substantial leverage to exploration success. The company also boasts a strong institutional shareholder base, including billionaire mining investor Frank Giustra who took a significant position in February 2022. These are favourable attributes for a speculative mining stock on the cusp of major discovery drilling.

As CEO McLeod summarized, "Watch drilling at Cantoo, these results in July if you're either an investor or certainly if you work in this business being part of a discovery is the real reason why we're all in these stocks."

The Investment Thesis for Blackwolf Copper & Gold

• Highly prospective projects in Alaska's prolific Golden Triangle region
• Flagship Cantoo gold target has exceptionally high-grade surface samples up to 1 opt gold over 30 meters
• Maiden drill program starting imminently, results expected in July
• Additional targets on extensive Hyder claims provide substantial upside
• Existing 6M ton resource at Niblack can grow significantly with more drilling
• Tight share structure with strong institutional backing, including Frank Giustra
• Capitalizing on exploration success requires minimal share dilution
• Current valuation of just $25M leaves huge potential upside on exploration success