Impact: Positive
Blackwolf reported highly encouraging surface sample results from its 100%-owned Hyder properties in Alaska. High-grade Au and Ag mineralization has been identified in multiple areas, with three areas (Cantoo, Solo and Doghole) to be prioritized for additional exploration work including drilling in 2023. We view these results positively as very limited modern exploration has been conducted on the Hyder properties, with virtually none conducted in the last 25 years, highlighting the upside potential present at the project.
