TSXV:BWCG - Post Discussion
Post by
MarketMakerss on Aug 25, 2023 6:47pm
Gold as a Safeguard Against Inflation
Serving as a safeguard against inflation and retaining its value over extended periods of time, gold remains a steadfast safe haven investment amid economic uncertainty, owing to its capacity to uphold its purchasing power.
The potential for growth in gold mining stocks is diverse, stemming from their ability to tap into the underlying worth of gold reserves and operational achievements.
Located in Alaska's Golden Triangle, a 500km belt of mineralization stretching from British Columbia, Blackwolf Copper and Gold (BWCG.v BWCGF) is one company that has emerged as a high-potential opportunity in the industry with backing from successful Mining Entrepreneur and Billionaire, Frank Giustra.
The Golden Triangle has been home to numerous past-producing mines, several of which are in various stages of being brought back into production.
However, BWCG is the only player on the US Side with its Alaskan Cantoo Mountain Project where they recently commenced its maiden drill program.
With initial drill holes potentially in excess of 700m, BWCG's program will test multiple stacked shallow-dipping vein structures and breccia including a 30m wide vein with high-grade results of up to 30.4g/t Gold, 2860 g/t Silver, and 5.8% Copper outcropping at surface.
BWCG CEO and Director, Morgan Lekstrom, commented:
"Cantoo stands out as one of the most compelling untested drill targets in the Golden Triangle. Notably, it lies just approximately 600 meters away from the Premier Mine on the Canadian side of the border. As we know, geology transcends boundaries and borders, and in this prolific region, which is also home to the renowned Brucejack Mine (acquired in 2021 for $2.8 Billion) and numerous other significant mining endeavors, we are poised to unveil the hidden treasures that lie beneath its surface."
Posted on behalf of Blackwolf Copper and Gold Ltd.
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