Mr. Morgan Lekstrom reports

BLACKWOLF APPOINTS VIVIEN CHUANG TO ITS BOARD OF DIRECTORS AND PROVIDES CORPORATE UPDATE

Blackwolf Copper and Gold Ltd. has appointed Vivien Chuang as a new independent director to its board of directors and chair of the audit committee. Jessica Van Den Akker has resigned from its board.

Ms. Van Den Akker had served the board since August, 2020. The company would like to thank Ms. Van Den Akker for her valuable contributions and wishes her every success in her future endeavours.

Ms. Chuang is a chartered accountant (British Columbia, Canada) with more than 15 years of experience in the resource and mining sector. Her experience includes serving as chief financial officer of Azincourt Energy Corp., a uranium developer in the world-class Athabasca basin uranium district of Canada and Muzhu Mining Ltd. Ms. Chuang also served as chief financial officer of Northern Empire Resources Corp., a Nevada-focused mining company that was acquired by Coeur Mining in 2018, K2 Gold Corp. (formerly West Melville Metals Inc.) and Chakana Copper Corp. (formerly Remo Resources Inc.). Currently, Ms. Chuang is president of VC Consulting Corp., which provides chief financial officer and other financial accounting and compliance services to a number of companies. Ms. Chuang articled with PricewaterhouseCoopers LLP and holds a bachelor of business administration from Simon Fraser University.

The company has entered into an agreement with OGIB Corporate Bulletin Ltd. dated Nov. 1, 2023, whereby OGIB has agreed to provide marketing services to the company, including the publication of a series of on-line articles about the company. The term of the OGIB agreement is 12 months that can be terminated after Feb. 15, 2024, with 30 days of notice. Pursuant to the OGIB agreement and upon signing, the company is required to pay a fee of $30,000 every three months.

OGIB is a subscription service based out of North Vancouver, B.C., which provides research on public companies and is wholly owned by Keith Schaefer. To the knowledge of the company, OGIB has no holdings of the company, directly or indirectly. Both OGIB and Mr. Schaefer are arm's length to the company.

About Blackwolf Copper and Gold Ltd.

Blackwolf's founding vision is to be an industry leader in transparency, inclusion and innovation. Guided by its vision and through collaboration with local and indigenous communities and stakeholders, Blackwolf builds shareholder value through its technical expertise in mineral exploration, engineering and permitting. The company holds a 100-per-cent interest in the high-grade Niblack copper-gold-zinc-silver VMS (volcanogenic massive sulphide) project, located adjacent to tidewater in southeast Alaska. In addition, the company holds a 100-per-cent interest in five Hyder area gold/silver and base metal properties in southeast Alaska and an option to acquire an 80-per-cent interest in the Harry gold/silver property located in northwestern British Columbia in the Golden Triangle.

We seek Safe Harbor.