The Cantoo Property (‘The Property’) is a 513-hectare area comprised of 63 claims (See Figure 1). The Property is located 15 kilometers north of Hyder AK, 3 kilometers west of the past-producing Premier Gold Mine and 10 kilometers south of the past-producing Scottie Gold Mine. Blackwolf Copper and Gold acquired a 100% interest in this property through physical staking in May of 2021.
Figure 1: Hyder Area regional geology (Adapted from the BCGS and Smith 1977), regional deposit locations, and Blackwolf Copper and Gold claim boundaries
At least two high-grade stacked gold-silver-base metal epithermal style veins up to 30 meters wide and at continuous for at least 500 meters along strike outcrop at the Property which are largely hosted within the Early Jurassic Texas Creek intrusive suite. Virtually no exploration has been conducted on the property since the first half of the 20th century when the property was explored by the Cantu Mining Company.
- Similar prospective host rock, dip and strike angles, and vein style to Ascot Resources' nearly Silver Coin and Big Missouri projects.
- No modern day exploration on the property since the 1990's, relatively none since the 1930s.
- Individual 2021 assays up to 30.4 g/t Au, 2860 g/t Ag, 5.8% Cu and 8.81% Zn in samples of material eroding from a series of at least two stacked veins up to 30 meters wide and traced for over 500 meters along strike.
- Shallow stacked wide high grade Cantoo veins are a high-priority target for 2022 drilling.