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Heatherdale Resources Ltd. has officially changed its name to Blackwolf Copper and Gold Ltd., with the new trading symbol (TSX.V:BWCG) effective April 22, 2021. The symbol for U.S. trading remains (OTC PINK:HTRRF). This change reflects the company's commitment to transparency and collaboration with Indigenous communities. Shareholders do not need to exchange their existing shares. Additionally, Blackwolf has granted stock options for up to 280,000 common shares at $1.00 per share, with a vesting schedule over several years.
Heatherdale Resources has initiated a Phase I metallurgical optimization program for its Niblack project in Alaska, following a review by Ausenco Canada. The assessment showed impressive recoveries for copper (94.3%) and zinc (90.2%), with opportunities to enhance gold and silver recoveries. The company's focus is on improving extraction methods and expanding the resource base. Drilling is set to resume next month. Ausenco's recommendations for additional metallurgical tests aim to maximize the project's value, leveraging its favorable mineral composition.
