Billionaire Frank Giustra's Investment in BWCG & Calls for.. In the current landscape of global economic and political uncertainties, the gold sector garners increased attention from investors seeking opportunities within junior gold companies poised for growth. Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF for US investors) stands out among these entities, actively engaged in ventures within the Golden Triangle of British Columbia and Alaska.
BWCG recently disclosed conclusive findings from its 2023 drilling and surface sampling programs, demonstrating the company's dedication to exploration and discovery in resource-rich regions.
At BWCG;s Cantoo Property, high-grade mineralization was observed in scree samples, while drilling efforts unveiled significant potential for high-grade mineralization, confirming the presence of a porphyry system.
Similarly, at its Harry Property, diverse mineralization styles 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 revealed extensive areas of quartz-sericite-pyrite alteration, along with a 3-kilometer trend hosting multiple mineralized zones.
With ample funding secured for a robust 2024 drill program on the Harry Property, BWCG is well-positioned to capitalize on these discoveries and unlock the full potential of its ventures.
Another important development for BWCG is the investment by prominent Canadian mining investor and billionaire Frank Giustra, who has acquired an additional 575,000 shares of BWCG, bringing his stake in the company to 13.4%.
This move reflects Giustra's confidence in BWCG's potential and underscores his significant involvement in both BWCG and the Canadian mining sector overall.
Giustra's advocacy for increased investment in the domestic resource sector was recently highlighted in a piece published in the Globe and Mail, emphasizing the importance of Canadian Pension Funds directing more capital into this sector.
Full article here: https://www.theglobeandmail.com/business/commentary/article-canadian-pension-funds-must-invest-more-in-the-domestic-resource/
Posted on behalf of Blackwolf Copper and Gold Ltd.