Bolt Metals Poised for Growth as Gold Prices Surge
Vancouver, British Columbia -- February 13, 2025 -- NewsGenie -- Bolt Metals Corp. is optimistic about the potential impact of rising gold prices on its Northwind Gold Project in Quebec. With projections indicating gold could exceed USD $3,000 per ounce in 2025, Bolt aims to capitalize on favorable market conditions.
Industry analysts foresee continued gold price increases, estimating between USD $2,800 and USD $3,275 per ounce for 2025, following a 35% gain in 2024. This surge is attributed to central bank purchases, geopolitical tensions, and economic uncertainty. Financial institutions like Goldman Sachs and Citibank expect gold to remain a safe-haven asset due to global market volatility. The trend of de-dollarization is also driving demand for physical gold.
Located in Quebec's Abitibi region, the Northwind Gold Project is positioned to benefit from these market dynamics. The project features high-potential exploration targets. According to Bolt Metals CEO Branden Haynes, the company is committed to unlocking the project's full potential.
Bolt Metals is planning a 2025 exploration program for Northwind, including geophysical surveys and diamond drilling to identify gold targets. The company aims to deliver shareholder value through strategic development and exploration success.
Bolt Metals Corp. focuses on developing precious and base metal properties with expansion potential. Its portfolio includes the Northwind gold project, the Soap Gulch copper project in Montana, and the Switchback copper-silver project in British Columbia.