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Big Gold Inc C.BG

Big Gold Inc. is a junior mining exploration company. It is focused on the acquisition and exploration of mineral properties. It focuses on exploration programs on the Martin Kenty located in Kenora, Ontario in the Rainy River mining district and Tabor projects located in Ontario. The Company’s 10,100-hectare Martin Kenty project is located in a Tier 1 mining jurisdiction. Its 3,120-hectare Tabor project is located immediately east of Goldshore Resources’ Moss Gold Project (4.17 million ounces) and west along trend with Delta Resources’ Delta-1 Gold project.


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Post by Justdosomeddon May 10, 2023 1:05pm
80 Views
Post# 35441094

High-Grade Gold Potential In Ontario

High-Grade Gold Potential In Ontario
The banks and governments have shown us over and over that they aren’t in control of the current economic risks. And that limited control has been reflected in gold prices, with support now comfortably above $2,000 USD/Oz. With inflation still remaining high and expectations of either a rate pause or the beginning of rate cures later in the year, gold could see further upside over the next few years because of this unique environment.
 
https://ca.finance.yahoo.com/video/gold-prices-could-see-2-203923408.html?contentType=VIDEO
 
With gold on the rise, exploration-stage companies are something to keep an eye on, as there’s a lot of upside in the industry with higher prices. $BG.C, in particular, has a lot of potential when it comes to its two properties.
 
- The Martin Kenty project has returned strong sample results from both the 2021 and 2022 programs. Grades from the more recent program reached 8.37 g/t, with more than 30% of grab samples returning above 0.5 g/t.
- With the spring program at the Tabor project commencing, definitely keep an eye out for continued resource updates.
- Historical samples at the property have reached up to 8 g/t, and with the property being adjacent to Goldshore’s Moss Lake property (which recently announced an inferred mineral resource estimate of 6M Oz at 1.02 g/t), so we should see some interesting results considering these signs.
 
Overall, as exploration continues, the current valuation isn’t reflecting the true value of the company. The $1.8M market cap could provide a significant amount of upside, considering the high grades that have already been discovered and the potential for future exploration.
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