Gold-Backed Currency Shift: Gold Jrs Gain Attention Recent developments suggest that the long-discussed Gold-Backed Currency by the BRICS alliance might be close to realization. Amid this potential impending introduction of the new currency, many investors are eyeing high-potential junior gold mining stocks.
Source: https://www.theglobeandmail.com/investing/markets/stocks/GGLDF/pressreleases/19677830/
With gold fundamentals looking increasingly robust amid this worldwide uncertainty, Blackwolf Copper and Gold (TSXV: BWCG, OTC: BWCGF) is emerging with its strategically positioned portfolio of Gold, Silver, and Copper projects in Alaska and British Columbia's renowned Golden Triangle.
BWCG holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project and five Hyder Area gold-silver and VMS properties in the famed Golden Triangle.
Recently BWCG started the maiden drill program at its Cantoo Project in Southwest Alaska after initial surface sampling revealed a substantial 30-meter vein showcasing high-grade results of up to 30.4g/t Gold, 2860 g/t Silver, and 5.8% Copper.
The program marks the first modern exploration effort at Cantoo since the 1920s. Diamond drilling is set to probe multiple stacked shallow-dipping vein structures and breccia, with a notable 30-meter wide vein capturing attention.
Overall the drill program aims to cover up to 2000 meters in 4 drill holes over a 1.5 month period, with early September expected to bring initial results.
The proximity of the Cantoo Project to the Premier Mine and its location in the esteemed Golden Triangle further highlights the geological significance and prospective nature of the area.
Full Press Release: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-commences-drilling-at-the-cantoo-project-in-alaskas-golden-triangle/ Posted on behalf of Blackwolf Copper and Gold Ltd.