As highlighted in the tweet referenced below, the demand for gold reached an unprecedented level last year and is anticipated to continue rising this year, driven partly by potential interest rate cuts from the Federal Reserve, which could bolster prices, according to the World Gold Council. Consequently, numerous investors are considering opportunities within junior gold companies poised for growth. Among these, Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF for US investors) stands out, actively engaged in projects within the Golden Triangle of British Columbia and Alaska.
Source: https://x.com/unusual_whales/status/1755619244224794662?t=PdAqI_o6khcWqOZH7p2rZQ&s=08
The potential of BWCG is underscored by significant investments from prominent Canadian mining investor and billionaire Frank Giustra, who recently acquired an additional 575,000 shares of BWCG, putting his stake in the company to 13.4%.
BWCG has recently disclosed conclusive results from its 2023 drilling and surface sampling endeavors, demonstrating the company's dedication to exploration and resource discovery in lucrative regions.
At its Harry Property, various styles of mineralization were identified, including high-grade gold-silver veins and multi-ounce silver base-metal veins with gold credits.
Surface sampling and mapping at the Harry Property uncovered extensive areas of quartz-sericite-pyrite alteration, along with a 3-kilometer trend housing multiple mineralized zones.
Similarly, at BWCG's Cantoo Property, promising high-grade mineralization was identified in scree samples, while drilling efforts revealed substantial potential for high-grade mineralization, confirming the presence of a porphyry system.
With secure funding in place for an extensive 2024 drill program on the Harry Property, BWCG is well-positioned to capitalize on its 2023 discoveries.
Full press release here: https://blackwolfcopperandgold.com/site/assets/files/5881/bwcg_nr2024-01-2023_expl_results_harry_and_cantoo_fina.pdf
Posted on behalf of Blackwolf Copper and Gold Ltd.