A Spotlight on BWCG's Significant Gold Discovery at Harry As detailed in the article below, gold prices, having achieved record highs for the past three years, are anticipated to continue setting new records in 2024 and 2025. The outlook is attributed to a combination of global political issues, a potential economic slowdown or recession in the United States and other developed nations, and ongoing economic and financial challenges.
https://www.mining.com/analysis-gold-set-for-further-record-prices-in-2024-and-2025/
With the years ahead expected to be bullish for gold, many investors are seeking out high-potential gold exploration companies. Blackwolf Copper and Gold Ltd. (TSXV: BWCG, OTC: BWCGF) recently unveiled a noteworthy gold breakthrough at its recently acquired Harry Property, strategically positioned 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 captivated attention due to its heightened gold and silver grades and quartz-gold veins.
In the initial assays received by BWCG, two gold zones of "bonanza grade" were pinpointed within the same drill hole, boasting measurements of 312 grams per tonne (g/t) of gold and 101 g/t of silver over 1 meter. This discovery of high-grade gold and silver stands out as one of the most significant findings in the Golden Triangle's recent history.
The results also underscore the existence of ultra-high-grade quartz-gold veins at the Swann Zone, indicating substantial mining potential. This discovery draws parallels with the prosperous Newmont Brucejack Mine, a leading high-grade underground mining operation that Newcrest acquired for $2.7 Billion US.
With the potential to establish another high-grade underground mine in North America, the outlook appears promising for both BWCG and its stakeholders.
Full Press Release: 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.