As detailed in the article below, Suleiman Al-Othaim, Chairman of Saudi Gold Refinery Co., foresees gold becoming the primary globally accepted currency. He predicts that gold prices will double over the next 30 years due to the political and economic climate, leading to a depreciation of the US dollar.
https://www.argaam.com/en/article/articledetail/id/1698828
As global interest in gold rises, investors are exploring opportunities in gold exploration, with a focus on junior gold companies with substantial growth potential, such as Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF for US investors).
BWCG is actively involved in promising projects in Alaska and British Columbia's Golden Triangle.
The company owns a 100% stake in the Niblack project, which encompasses copper, gold, zinc, and silver mineralization within a volcanic massive sulfide (VMS) system. Additionally, BWCG controls the Hyder Properties, consisting of five claim blocks.
Recent drilling efforts at the Cantoo project by BWCG have revealed significant potential for high-grade mineralization, confirming the presence of a porphyry system.
The exploration team identified notable silicification zones with veining and sulfide mineralization, aligning with surface features discovered during previous sampling efforts.
Notably, prominent Canadian mining investor and billionaire Frank Giustra has recently acquired 575,000 shares of BWCG, making his stake in the company 13.4%.
Full news here: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-closes-oversubscribed-upsized-private-placement-with-lead-order-from-frank-giustra/
Posted on behalf of Blackwolf Copper and Gold Ltd.