As highlighted in the tweet below, total gold demand reached a historic peak last year and is projected to climb further in 2024 as the Federal Reserve leans towards interest rate cuts, potentially bolstering prices, as indicated by the World Gold Council. With this, many investors are eyeing opportunities within junior gold companies positioned for expansion.
Source: https://x.com/unusual_whales/status/1755619244224794662?t=PdAqI_o6khcWqOZH7p2rZQ&s=08
Among these, Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF for US investors) distinguishes itself, actively involved in ventures within the Golden Triangle of British Columbia and Alaska.
BWCG potential is underscored by investments in it from prominent Canadian mining investor and billionaire Frank Giustra, who most recently acquired an additional 575,000 shares of BWCG, bringing his stake in the company to 13.4%.
BWCG recently unveiled conclusive results from its 2023 drilling and surface sampling initiatives, showcasing the company's commitment to exploration and uncovering resources in lucrative areas.
At BWCG's Cantoo Property, promising high-grade mineralization was identified in scree samples, while drilling efforts revealed substantial potential for high-grade mineralization, affirming the presence of a porphyry system.
Similarly, at its Harry Property, various mineralization styles were pinpointed, including high-grade gold-silver veins and multi-ounce silver base-metal veins with gold credits.
Surface sampling and mapping at the Harry Property unveiled extensive areas of quartz-sericite-pyrite alteration, alongside a 3-kilometer trend housing multiple mineralized zones.
With secure funding for an extensive 2024 drill program on the Harry Property, BWCG is primed to leverage these discoveries and fully exploit its ventures.
Full News: https://blackwolfcopperandgold.com/site/assets/files/5881/bwcg_nr2024-01-2023_expl_results_harry_and_cantoo_fina.pdf
Posted on behalf of Blackwolf Copper and Gold Ltd.