"Gold and silver see increased demand due to global conflicts, serving as safe-haven assets in uncertain times."
https://oilprice.com/Metals/Gold/Gold-And-Silver-Shine-As-Global-Safe-Havens.html
With this increased interest in silver and gold, the timing for Blackwolf Copper and Gold Ltd. (TSXV: BWCG, OTC: BWCGF) couldn't be better. The junior recently made a substantial gold discovery at the Harry Property, strategically positioned between the previously operational Scottie Gold Mine and the historically significant Premier Gold Project within the Golden Triangle.
The discovery unfolded in the project's Swann Zone and encompassed high gold and silver grades and ultra-high-grade quartz-gold veins:
The discovery at BWCG's property revealed the presence of ultra-high-grade quartz-gold veins, signaling substantial mining potential. This discovery draws parallels with the renowned high-grade underground Brucejack Mine, one of North America's most prominent mining operations.
Initial assays from BWCG also unveiled two "bonanza grade" gold zones within a single drill hole, boasting 312 grams per tonne (g/t) of gold and 101 g/t of silver over a one-meter span. This revelation of high-grade gold and silver represents a standout occurrence in the Golden Triangle's recent history.
BWCG's CEO sees the potential for BWCG to develop a mining system akin to the successful and nearby Brucejack Mine, which was acquired by Newcrest for $2.7 billion US.
This discovery marks the beginning of a promising journey for BWCG, with the potential to establish another high-grade underground mine in North America. The future looks bright for BWCG and its shareholders as they embark on this exciting venture.
Full News here:
https://ca.finance.yahoo.com/news/blackwolf-drills-significant-discovery-harry-133000680.html Posted on behalf of Blackwolf Copper and Gold Ltd.