Blackwolf Appoints Vivien Chuang to its Board of Directors and Provides Corporate Update

VANCOUVER, BC / ACCESSWIRE / November 21, 2023 / Blackwolf Copper and Gold Ltd. ("Blackwolf" or the "Company") (TSXV:BWCG)(OTC PINK:BWCGF) announces the appointment of Ms. Vivien Chuang as a new independent director to its Board of Directors and Chair of the Audit Committee. The Company also announces the resignation of Ms. Jessica Van Den Akker 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 endeavors.

Ms. Chuang is a Chartered Accountant (British Columbia, Canada) with more than fifteen 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 Corporation (formerly West Melville Metals Inc.) and Chakana Copper Corp. (formerly Remo Resources Inc.). Currently, Ms. Chuang is President of VC Consulting Corp. which provides CFO 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 degree from Simon Fraser University.

The Company further announces that it has entered into an agreement with OGIB Corporate Bulletin Ltd. ("OGIB") dated November 1, 2023 (the "OGIB Agreement"), whereby OGIB has agreed to provide marketing services to the Company, including the publication of a series of online articles about the Company. The term of the OGIB Agreement is 12 months that can be terminated after February 15, 2024 with 30 days 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, British Columbia 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 our Vision and through collaboration with local and Indigenous communities and stakeholders, Blackwolf builds shareholder value through our technical expertise in mineral exploration, engineering and permitting. The Company holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. In addition, the Company holds a 100% interest in five Hyder Area gold-silver and base metal properties in southeast Alaska and an option to acquire an 80% interest in the Harry gold-silver property located in northwest British Columbia in the Golden Triangle. For more information on Blackwolf, please visit the Company's website at www.blackwolfcopperandgold.com.