"With gold prices at the lowest they've been in months, now is a great time to get invested"
-https://www.cbsnews.com/news/gold-prices-are-low-why-investors-should-buy-in-now/
As detailed in the CBS Article above, gold has historically been a reliable store of value, especially during times of inflation and high interest rates. Recently, many Americans have turned to gold as an investment to protect their finances. Currently, gold prices are at a 7-month low, making it an attractive time to invest to benefit from potential future price increases and hedge against inflation.
Investors who are on the lookout for junior gold exploration companies with the potential for significant growth should consider Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF).
BWCG controls several projects in BC and Alaska's Golden Triangle. This includes 6 projects in the Hyder mining district: Texas Creek, Cantoo, Rooster, Mineral Hill, Casey (collectively known as the Hyder properties) and the Harry project which was recently acquired from Optimum Ventures.
Blackwolf's strategic positioning in the underexplored Alaskan side of the Golden Triangle offers access to a prolific mining jurisdiction known for high gold grades, such as the Granduc, Scottie, Premier, and Big Missouri mines.
During a site visit on August 30-31, 2023, to BWCG's mining projects in Stewart, BC, and Hyder, Alaska, Taylor Combaluzier, P.Geo. VP, Mining Analyst at Red Cloud made the following key observations:
BWCG's Cantoo Project, located near the Premier Mine, showed potential for being part of the Premier mineral system. Initial drilling targeted stacked Au-Ag veins but encountered significant alteration and mineralization consistent with a porphyry system, suggesting considerable potential.
Their Harry project, covering approximately 1,333 hectares, revealed significant surface sulphide mineralization. Historical sampling returned high-grade values for gold and silver, and visible sulphide mineralization was evident during the visit.
Notably, initial drilling results from the Harry project released after Combaluzier's visit showed that BWCG encountered mineralization in all 7 holes it drilled, including coarse visible gold with a ~10cm long streak in one hole.
Combaluzier also highlights how the company is poised for growth as melting glacial ice exposes new untested areas, and their management's local knowledge is considered a competitive advantage.
Based on a probability-weighted valuation method, Combaluzier's report maintains a BUY rating and a target price of C$0.55 per share noting that the stock price could potentially benefit from successful exploration at Cantoo and Harry.
Full Report Here: https://redcloudresearch.com/blackwolf-copper-and-gold-ltd-tsxvbwcg-site-visit-untapped-potential-on-alaskan-side-of-golden-triangle/
Posted on behalf of Blackwolf Copper and Gold Ltd.