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Friday, 11/12/2021 10:07:29 AM

Friday, November 12, 2021 10:07:29 AM

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American Creek - Tudor

The Golden Triangle: Perhaps the World’s Greatest Area Play

Nov, 10, 2021 Resource World

By Rod Blake

Investment knowledge comes from the accumulation many inexact criteria or factors. The net result of this knowledge enables the investor to decide whether to buy, avoid or exit a particular investment or sector.
- Sometimes investment knowledge becomes profitable
- Sometimes this knowledge can be expensively painful if one invests in a rising market that is about to turn

Resource exploration and investment is much the same. Sometimes, but rarely, an orebody is discovered with the first few drill holes. I was lucky enough to be involved with such a discovery with the Afton copper discovery near Kamloops, BC in the early 1970s.. Sometimes an investment is too good to be true such as the Bre-X gold debacle of the mid 1990s. But for the most part, orebodies and by extension, mining companies are built over years of trial & error and economic cycles. As noted above – investment knowledge is enhanced with time. One of the benefits to being a broker for over three decades was the ability to identify and deal with various economic and mineral cycles. And as a broker who focused a good portion of his time on resource investments, I got to see firsthand how mineral companies or sectors performed during these cycles. I feel The Golden Triangle in Northwest British Columbia fits this enhanced investment criteria.

The Golden Triangle is a relatively complex mineral camp that has been worked by many miners since the turn of the last century. The main minerals in the camp, gold, silver and copper, are well known and have been mined for centuries. The uniqueness of the camp comes from the number of orebodies within the triangle and the relatively high grade of those orebodies. A comparison to the Golden Triangle might be the high grade nickel mines in Sudbury, Ontario or the many gold mines near Val-d’Or, Quebec.


Read and get link to Resource world magazine article at:
https://mailchi.mp/00339f7f3809/new-treaty-creek-report-4754406?e=6f11d69fd1