BWCG's at the Beaver Creek Precious Metals Summit 2023 With the price of gold continuing to be almost US $2k per ounce, the stage is set for significant developments in the dynamic world of precious metals. The potential for exploration and development carries the promise of substantial growth, making it an opportune moment for investors and mining companies alike.
The recent interview with Rob McLeod of Blackwolf Copper and Gold (ticker: BWCG.v or BWCGF for US investors) at the Beaver Creek Precious Metals Summit 2023 sheds light on the company's ambitious goals and its place in the industry.
Full interview here:
Rob McLeod brings an impressive background, having spent the majority of his career in the Golden Triangle, a region known for its rich mineral resources. His deep-rooted connection to this area, including his family's historical involvement, makes him uniquely qualified to navigate its potential.
BWCG's cornerstone asset, the Niblack project in Alaska, serves as a robust foundation for their endeavors. This advanced polymetallic deposit boasts significant copper and gold reserves, complemented by substantial zinc and silver credits.
However, BWCG's ambitions extend beyond the Niblack project. The company's active exploration efforts focus on the Cantoo property and the Harry Property, both situated near McLeod's hometown of Stuart.
The company's growth plans do not stop at individual projects. BWCG is at the forefront of a larger industry trend – consolidation. This approach, which involves collaboration with other companies in the region, holds the promise of creating production centers and unlocking synergies that benefit all involved.
A testament to this vision is the recent acquisition of Optimum Ventures. The Harry property, part of this acquisition, presents an exciting prospect with its close proximity to significant historic producers and a newfound potential spurred by glacial melting, revealing high-grade gold and silver veins.
Last week, BWCG accomplished the successful closure of an oversubscribed and enlarged private placement, securing $3.26 million in funding. Notably, billionaire investor Frank Giustra led the way in this investment endeavor. Frank Giustra and affiliated entities acquired 3.125 million units, solidifying their ownership interest in BWCG at 13.02%.
As a prominent luminary in the precious metals arena, Frank Giustra's active participation underscores the importance of BWCG's mission, highlighting the imperative need for collaborative efforts to mitigate risk, foster efficient mining ecosystems, and cultivate growth within the precious metals sector.
More info here: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-closes-oversubscribed-upsized-private-placement-with-lead-order-from-frank-giustra/
Posted on behalf of Blackwolf Copper and Gold Ltd.