Billionaire Mining Investor Frank Giustra on "Why you should invest in gold bars and coins for the holidays": https://www.cbsnews.com/news/why-to-invest-in-gold-bars-and-coins-for-holidays/
Considered a good hedge against inflation, gold is viewed as a flight-to-safety asset that acts well during market shocks or periods of elevated uncertainty. Gold is additionally a smart choice for diversification and to balance risk in a portfolio due to its low correlation to traditional stocks and bonds. As a very liquid asset and scarce commodity, the investment strength of gold is clear.
With significant backing from Frank Giustra, Blackwolf Copper and Gold (BWCG.v BWCGF) has emerged as a high-potential opportunity having drilled one of the most exceptional intercepts in the Golden Triangle in recent times.
In drilling the significant new gold discovery at its Harry Property, BWCG intersected 312 g/t gold over 1.0m from 139m to 140m as well as 277 g/t gold over 1.0m from 199m to 200m.
This discovery is a Newcrest BruceJack style gold system with ultra-high-grade quartz-gold veins. Significantly, BruceJack stands out as one of the most prominent high-grade underground mines in North America and was acquired for USD$2.7 billion by Newcrest.
Based on previous sampling, the quartz veins can host significant gold, silver and/or base metal-rich mineralization and these first assays occur within a wide zone of multiple overlapping phases of sulphide mineralization.
This news follows BWCG's recent closure of a $3M oversubscribed and upsized private placement with the lead order coming from Billionaire Mining Investor Frank Guistra for 13.02% of all outstanding and common shares from 1.78% to 13.02% following the closure of an oversubscribed upsized private placement which was closed for gross proceeds of $3,263,532.
With additional assays pending from this first hole and the 6 remaining holes in the program still pending alongside assays from the Cantoo Property, BWCG is emerging as a high-potential and early-stage gold and precious metals play.
Latest News 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.