As highlighted in the article below, gold prices have seen a notable increase, rising over 2% in the past week to reach $1,973, driven by ongoing conflicts in the Middle East and growing expectations that the Federal Reserve is concluding its rate-hiking efforts. Analysts, particularly economists at TD Securities, anticipate that gold could surge as high as $2,100 in 2024, fueled by a potential dovish shift by the Federal Reserve.
Full article: https://tokenist.com/gold-prices-could-xau-usd-hit-2100-in-2024/
With this positive outlook for gold in 2024, many investors are seeking promising junior gold companies to invest in. Blackwolf Copper and Gold Ltd. (TSXV: BWCG, OTC: BWCGF) emerges as a notable option, holding a portfolio of projects in British Columbia and Alaska's Golden Triangle. The company, backed by influential investor Frank Giustra, who owns a 13% stake, stands out with a current market capitalization below $27 million.
Recent drilling activities at the company's Cantoo Gold Project have produced assays indicating gold grades up to 37.6 g/t. Additionally, noteworthy concentrations have been discovered at the Harry Gold Property, including 312 g/t of gold and 101 g/t of silver over a 1-meter span, as well as 291 g/t of gold and 118 g/t of silver over another 1-meter span.
Investors can look forward to more assay results from the Harry Project and anticipate further drilling activities at the Cantoo Project.
In a move expected to increase its exposure, BWCG is showcasing itself at conferences in Europe this month including the 121 Mining Investment Conference which is taking place in London today and tomorrow. The company will also be in Frankfurt at the Deutsche Goldmesse conference on the 24th to 25th and at the Swiss Mining Institute Conference on the 29th and 30th in Zurich.
Full press release here: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-announces-participation-in-three-european-conferences-121-in-london-duetsche-goldmesse-in-frankfurt-and-smi-in-zurich/
Posted on behalf of Blackwolf Copper and Gold Ltd.