(TheNewswire)
|
|||||||||
Vancouver, British Columbia – February 13, 2025 – TheNewswire - Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT) (OTCQB: PCRCF) (FSE: A3D8AK) , a North American mineral acquisition and exploration company, is encouraged by recent strength in the price of gold and its potential positive impact on the Company's Northwind Gold Project in Quebec. With gold prices expected to exceed USD $3,000 per ounce in 2025, Bolt is strategically positioned to leverage this strong market environment for growth and value creation.
Gold Prices on the Rise
Industry analysts predict continued upward momentum in gold prices, with projections ranging between USD $2,800 and USD $3,275 per ounce for 2025. This follows gold’s exceptional 35% gain in 2024, driven by central bank purchases, geopolitical tensions, and economic uncertainty. Major financial institutions, including Goldman Sachs and Citibank, anticipate gold to remain a safe-haven asset amid global market volatility. The de-dollarization trend, led by countries diversifying reserves away from the U.S. dollar, continues to drive demand for physical gold, further supporting price stability ( Sources: InvestingHaven, Market Insiders ).
Strategic Timing for Northwind Gold Project
Bolt Metals' Northwind Gold Project, located in the gold-rich Abitibi region of Quebec, is primed to benefit from these market conditions. The project sits in a historically prolific gold belt and features high-potential exploration targets. Rising gold prices enhance the value of new discoveries, creating a compelling opportunity for further exploration and development.
“As central banks accelerate gold purchases and inflationary pressures persist, we see a strong case for gold prices remaining elevated,” said Branden Haynes, CEO of Bolt Metals. “This market environment is ideal for advancing our Northwind Gold Project, and we are committed to unlocking its full potential.”
Next Steps
Bolt Metals is planning its 2025 exploration program for Northwind, which is anticipated to include geophysical surveys and diamond drilling to define and test high-grade gold targets. With a bullish gold price outlook, the company is well-positioned to deliver shareholder value through strategic development and exploration success.
About Bolt Metals Corp.
Bolt Metals Corp. is a North American mineral acquisition and exploration company focused on the development of quality precious and base metal properties that are drill-ready with high-upside and expansion potential. Bolt’s portfolio of strategic properties provides target-rich diversification including; Northwind, gold project in the heart of the Windfall Gold Camp, Quebec; Soap Gulch, a copper SEDEX project in Montana, and Switchback, a copper-silver project located in British Columbia. Bolt trades on the CSE Exchange under the symbol BOLT, the OTCQB Exchange under the symbol PCRFC and in Germany under the WKN A3D8AK.
Bolt Metals Corp.
Branden Haynes – Director and CEO
(604) 817-1595
Reader Advisory
This news release may contain statements which constitute “forward ‐ looking information”. The words “may”, “potential”, “should”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect”, and similar expressions, are intended to identify such forward ‐ looking statements. Such statements include, without limitation, statements regarding gold price expectations, leveraging a strong gold market, a 2025 exploration program including its primary components and the Company delivering shareholder value. Investors are cautioned that any such forward ‐ looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward ‐ looking statements. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
The Canadian Securities Exchange has not approved or disapproved this news release.
Copyright (c) 2025 TheNewswire - All rights reserved.
