rank Giustra highlights his BWCG Investment in Showcase Amid escalating concerns about inflation and geopolitical stability, the heightened interest in gold has led many investors to search for promising gold exploration ventures. One notable player in this arena is Blackwolf Copper and Gold (BWCG.v or BWCGF for US investors), boasting a relatively modest market capitalization of less than $29 million and enjoying investment backing from billionaire investor Frank Giustra, who currently holds a 13% stake in the company.
BWCG is also set apart by its strategic portfolio situated in the coveted Golden Triangle region spanning British Columbia and Alaska. Recently, BWCG achieved a significant breakthrough at their Harry Gold Property in the Golden Triangle, northwest of Stewart BC.
Notably, they uncovered impressive findings, including 312 grams per tonne (g/t) of gold and 101 g/t of silver over a one-meter span, along with 291 g/t of gold and 118 g/t of silver over another meter span in a single drill hole, with additional assay results pending. These findings occurred within a broad zone featuring multiple, overlapping phases of sulphide mineralization and quartz veins.
In addition to their success at the Harry Gold Property, BWCG conducted drilling at their Cantoo project, yielding assay results showing values of up to 37.6 g/t Au. Encouraged by these outcomes, BWCG plans to persist with further drilling activities at this promising project.
In a recent keynote talk at Red Cloud's Fall Mining Showcase 2023 Frank Giustra mentioned his investments in the junior exploration sector, including Black Wolf Copper and Gold.
He highlighted the excitement about Blackwolf and mentioned the recent drill hole at Harry that showed similarities to another valuable deposit nearby.
Watch here:
Posted on behalf of Blackwolf Copper and Gold Ltd.