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Optimum Ventures: Exploring High-grade Gold in Renowned Golden Triangle


Optimum Ventures (TSXV:OPV, Frankfurt:41Q, OTC:OPVLF) focuses on its high-grade gold asset in the prolific Golden Triangle. The company’s flagship asset, the Harry property, is located between two large mineralized systems: sulphurets hydrothermal system (SHS) and premiere hydrothermal system. An experienced management team and board of directors lead Optimum Ventures toward bringing the asset to production.

The Harry property has surface samples with high-grade assays reaching upwards of 285.4 g/t gold and 1,949 g/t silver. An exploratory drill program at the property was recently completed by the company in 2022. Two notable drill holes produced up to 3.10 g/t gold, 690.1 g/t silver, and an additional 1,833 g/t silver equivalents.

The Harry Gold Property

Company Highlights

  • Optimum Ventures is an exploration and development mining company focusing on its high-grade gold asset within the famed Golden Triangle in British Columbia.
  • The Golden Triangle is globally recognized as one of the most prolific gold-producing regions in the world.
  • The company’s flagship Harry property is ideally located between two major mineralized systems and has already produced high-grade gold and silver assays, including up to 3.10 g/t gold, 690.1 g/t silver, and an additional 1,833 g/t silver equivalents.
  • Optimum Ventures has an option agreement with Teuton to acquire an 80 percent interest in the property and enter into a JV agreement.
  • An experienced management team led by Andy Bowering, who was instrumental in numerous discoveries including the Silver Coin deposit with Ascot Resources (TSX:AOT)

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Blackwolf Completes Acquisition of Optimum Ventures; Andrew Bowering Joins the Board of Directors

Blackwolf Completes Acquisition of Optimum Ventures; Andrew Bowering Joins the Board of Directors

Blackwolf Copper and Gold Ltd. (" Blackwolf ", or the " Company ") (TSXV: BWCG, OTC:BWCGF) and Optimum Ventures Ltd. (" Optimum ") (TSXV: OPV) are pleased to announce that they have completed their previously announced plan of arrangement, pursuant to which the Company acquired all the issued and outstanding shares of Optimum, and, in exchange, shareholders of Optimum received 0.65 of a common share of Blackwolf for each Optimum share held (the " Transaction "). In addition, Andrew Bowering, mining entrepreneur, a founder of Optimum, has joined the Company's board of directors, replacing Don Birak, who stepped down effective September 12, 2023.

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Optimum Ventures Ltd. Announces Court Approval of Acquisition by Blackwolf Copper and Gold Ltd.

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Optimum Ventures Ltd . ("Optimum" or the "Company" ) (TSXV: OPV) is pleased to announce that, further to its news release dated September 1, 2023 the Supreme Court of British Columbia has granted final approval for the Company's acquisition by Blackwolf Copper and Gold Ltd. ("Blackwolf") (TSXV: BWCG, OTC: BWCGF) (the "Transaction"). For comprehensive details regarding the Transaction, please refer to the Company's press releases dated June 20 and July 7, 2023.

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Optimum Ventures Ltd. ("Optimum" or the "Company") (TSXV: OPV) is pleased to announce that Blackwolf Copper and Gold Ltd.'s (" Blackwolf ") proposed acquisition of all of the outstanding securities of the Company by plan of arrangement (the " Arrangement ") was overwhelmingly approved at the Company's annual general and special meeting of securityholders held on August 31, 2023 (the " Meeting ").

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Optimum Ventures Ltd. ("Optimum" or the "Company") (TSXV: OPV) is pleased to announce that it has entered into an arrangement agreement with Blackwolf Copper and Gold Ltd. (" Blackwolf ") dated as of July 6, 2023 (the " Arrangement Agreement "), pursuant to which Blackwolf has agreed to acquire all of the issued and outstanding common shares of Optimum (collectively, the " Company Shares ") by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the " Arrangement ").

Tyler Ross, CEO of Optimum, stated, "This is a transformational opportunity for Optimum's shareholders to join the vision of Blackwolf in becoming a leading mining company in the Golden Triangle. With experienced leadership under Morgan Lekstrom, strategic investment from Frank Giustra, Rob McLeod leading the Geological programs and the addition of Andrew Bowering to the board of the resulting issuer, the combined entity is well situated to unlock the large-scale potential of these complementary projects in the Golden Triangle."

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