"Gold’s record-breaking performance seen last year could just be a taster of what is yet to come in 2024"
The article below discusses the potential trajectory of gold prices in 2024, suggesting that the extent of rate cuts will likely influence a rally in precious metals, building on the record-breaking performance observed in the previous year.
https://www.fxempire.com/forecasts/article/how-high-will-gold-prices-go-in-2024-1401508
As the upcoming year is anticipated to be bullish for gold, many gold investors are actively seeking high-potential exploration companies. One such junior, Blackwolf Copper and Gold Ltd. (Ticker: BWCG.v or BWCGF for US invetors), recently disclosed a significant gold breakthrough at its newly acquired Harry Property.
Harry is strategically located in the Golden Triangle between the formerly operational Scottie Gold Mine and the historically significant Premier Gold Project.
The Swann Zone of the project has garnered attention due to its elevated gold and silver grades and quartz-gold veins.
In the initial assessments conducted by BWCG, they unveiled two gold zones of "bonanza grade" within the same drilling location, showcasing impressive figures of 312 grams per tonne (g/t) of gold and 101 g/t of silver over a 1-meter span. Another meter-long interval returned 291 g/t of gold and 118 g/t silver.
This discovery of elevated gold and silver grades stands out as one of the most significant breakthroughs in recent Golden Triangle history.
Furthermore, the findings underscore the existence of exceptionally high-grade quartz-gold veins in the Swann Zone, pointing towards considerable mining potential.
This revelation draws parallels with the notable success of the Newmont Brucejack Mine, a prominent high-grade underground mining venture that Newcrest acquired for $2.7 billion US.
The potential to establish yet another high-grade underground mine in North America presents a promising outlook for both BWCG and its stakeholders.
Full News Here: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-drills-significant-new-discovery-at-the-harry-property-intersecting-312-g-t-gold-over-1.0-meter-10.0-opt-and-277-g-t/
Posted on behalf of Blackwolf Copper and Gold Ltd.