High-Grade Gold Potential In Ontario The banks and governments have shown us over and over that they aren’t in control of the current economic risks. And that limited control has been reflected in gold prices, with support now comfortably above $2,000 USD/Oz. With inflation still remaining high and expectations of either a rate pause or the beginning of rate cures later in the year, gold could see further upside over the next few years because of this unique environment.
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With gold on the rise, exploration-stage companies are something to keep an eye on, as there’s a lot of upside in the industry with higher prices. $BG.C, in particular, has a lot of potential when it comes to its two properties.
- The Martin Kenty project has returned strong sample results from both the 2021 and 2022 programs. Grades from the more recent program reached 8.37 g/t, with more than 30% of grab samples returning above 0.5 g/t.
- With the spring program at the Tabor project commencing, definitely keep an eye out for continued resource updates.
- Historical samples at the property have reached up to 8 g/t, and with the property being adjacent to Goldshore’s Moss Lake property (which recently announced an inferred mineral resource estimate of 6M Oz at 1.02 g/t), so we should see some interesting results considering these signs.
Overall, as exploration continues, the current valuation isn’t reflecting the true value of the company. The $1.8M market cap could provide a significant amount of upside, considering the high grades that have already been discovered and the potential for future exploration.