Newcore Gold Ltd.
ISIN: CA65118M1032
WKN: A2QATA
ISIN: CA65118M1032
WKN: A2QATA
Resource focus:
- Gold
Company presentation:
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Performance 1 J
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Company description
All Materials in this section are disseminated on behalf of and are paid for by Newcore Gold Ltd.
Newcore Gold Ltd. (TSXV: NCAU, OTCQX: NCAUF) is advancing the Enchi Gold Project in southwestern Ghana. The Project's 248 km² land package covers 40 kilometres of Ghana's Bibiani Shear Zone, a prolific gold belt that hosts several large multi-million-ounce gold mines.
A Preliminary Economic Assessment (PEA) completed in 2024 highlighted the robust economics of developing a conventional open-pit gold mine at Enchi, characterized by low capital intensity and strong leverage to the gold price.
The Company is currently executing an 80,000 metre drill program focused on resource conversion, resource growth and exploration as Newcore completes the technical work required to advance the Project toward completion of the Pre-Feasibility Study expected at the end of June 2026.
Enchi's longer-term potential is supported by district-scale exploration opportunities across its large land package that remain largely underexplored and provide significant potential for resource growth both along strike and at depth.
Newcore's management and board are aligned with shareholders through approximately 12% ownership of the Company, while institutional investors provide strong support with ownership of approximately 55%.
News
Newcore Gold Increases Drill Program to 80,000 Metres at the Enchi Gold Project, Ghana
Newcore Gold has increased its ongoing drill program at the Enchi Gold Project in Ghana to 80,000 metres after securing a $15 million equity…
Newcore Gold Closes $15 Million Bought Deal Financing
Newcore Gold Ltd. is pleased to announce that the Company has closed its previously announced bought deal financing of 28,310,000 common shares of…
Newcore Gold Announces $10 Million Bought Deal Financing
Newcore Gold has announced a bought-deal financing expected to generate gross proceeds of approximately $10 million. The funds will primarily support…
Newcore Gold Drilling Intersects 1.23 g/t Gold over 33.0 Metres, Including 2.16 g/t Gold over 13.0 Metres, at the Enchi Gold Project, Ghana
Newcore Gold reported further positive drill results from the Enchi Gold Project in Ghana, including 1.23 g/t gold over 33.0 metres and a higher-grade…
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