ESG-Focused Funds on the Rise: Trillium Gold Mines Is in Position
Franklin Templeton, one of the biggest money managers in the world, has already requested to list the Franklin Responsibly Sourced Gold ETF on the NYSE Arca exchange. The potentially huge ETF could be quite similar to other gold-holding ETFs like the $57.3 billion SPDR Gold Shares or the $28.6 billion iShares Gold Trust. Funds like these show a willingness for investors to put their money where their mouth is to ensure that gold is sourced responsibly and safely. ESG-focused funds are quickly on the rise around the world, and investors are taking their impact more seriously than ever. Trillium gold mines is in position .
ESG-Focused Funds on the Rise: Trillium Gold Mines Is in Position
This is also true for investors who prefer to invest in individual companies. One such company, Canadian-based gold exploration company Trillium Gold Mines (TSXV:TGM), has been ahead of this curve for some time. The company has always had a strong presence in Canada’s gold mining sector and has shown itself to be not only compliant, but enthusiastic about environmental, social, and governmental issues.
The company culture is one of safe and responsible practices. Health, safety, wellbeing, equal opportunities, skills training, innovation, and environmental consciousness are high on the company’s priority list as it advances its programs in the Red Lake Mining District in Ontario.
Most recently, the company made a significant land acquisition in the Birch-Uchi greenstone belt. The company announced it had signed a definitive agreement to acquire all of Infinite Ore Corp.’s Eastern Vision property holdings in the Confederation Lake assemblage. This includes about 17,000 hectares between the Fredart, Garnet Lake, Confederation North, and Confederation South properties. Most importantly, it creates a contiguous land package covering over 100 kilometres of favourable structure on trend with Great Bear Resources’ Dixie Deposit. The acquisition made Trillium Gold one of the dominant explorers in one of Canada’s premier gold mining districts.
The Red Lake Mining District is one of the most prolific gold mining districts in Canada, and with this new acquisition, Trillium Gold Mines is well-positioned to take advantage of the excellent potential that the district has to offer.
Gold is on Fire
2021 was a positive year for gold and gold companies, and 2022 is likely to be as bullish in view of growing inflationary pressures. The price of gold has been on the rise over the last few years, and looks ready to break out.
Gold is seen as a safe haven investment during turbulent times, and with global markets in a state of flux, investors are looking for stability. Gold is also an inflation hedge, and with central banks around the world printing money, it is likely that the trend of rising gold prices will continue. As mining output slows for gold, the biggest producers in the world are always looking to acquire projects from explorers like Trillium Gold.
Exploring and developing those projects is the first step in a long and arduous process, but with a strong management team and a commitment to social responsibility, Trillium Gold Mines is well-positioned for the future.
In 2022, Trillium Gold’s dual advantages are clear: ESG commitment at a time when billions are being committed to ESG funds, and a premier projects in a premier district. The company’s portfolio comprises other projects in Ontario and Quebec, which make up a sizable portfolio of projects and land packages. With so much unknown and untapped potential at multiple Trillium properties, the company could have multiple high-grade deposits sitting within its property portfolio.
With upcoming drill programs and results expected in the coming quarters, investors will be watching closely for what some have come to believe may be the next Great Bear Resources.
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