Newcore Gold Ltd Stock Price, News & Analysis

Newcore Gold (OTCQX:NCAUF) has announced its annual grant of equity incentive awards to various stakeholders. The company has granted 2,815,000 stock options at $0.64 per share with a five-year term, along with 1,880,000 restricted share units and 525,000 performance share units.

These equity incentive awards, which are subject to regulatory approval and vesting provisions, were distributed among employees, consultants, directors, and executives under the company's long-term incentive plan.

Newcore Gold (OTCQX: NCAUF) held its Annual General Meeting (AGM) on July 17, 2025, where shareholders approved all proposed resolutions. The meeting saw participation representing 48.38% of total shares, with 122,797,979 common shares voted.

Shareholders approved maintaining seven directors and re-elected all incumbent board members. Additionally, they re-approved the company's long-term incentive plan and reappointed PricewaterhouseCoopers LLP as auditors.

Newcore Gold (OTCQX:NCAUF) announced significant drilling results from its 35,000-metre drill program at the Enchi Gold Project in Ghana. Key intersections at the Sewum Gold Deposit include 0.89 g/t Au over 33.0 metres and 3.98 g/t Au over 6.0 metres, demonstrating consistent near-surface gold mineralization.

The Sewum deposit, the largest of five deposits at Enchi, currently holds an Indicated Resource of 323,300 ounces and an Inferred Resource of 373,100 ounces. The drilling program aims to convert Inferred Resources to Indicated in preparation for a Pre-Feasibility Study planned for 2026.

Results from 47 RC holes showed 98% success rate in intersecting gold mineralization, with multiple shallow mineralized structures identified across an average width of 250 metres and length of 800 metres within oxide and transition horizons.

Newcore Gold (NCAUF) has announced significant drilling results from its 35,000-metre drill program at the Enchi Gold Project in Ghana. Key highlights include intersection of 4.41 g/t gold over 24.0 metres, including 9.08 g/t gold over 10.0 metres at the Boin Gold Deposit. Another notable result was 1.58 g/t gold over 52.0 metres. The drilling program aims to convert Inferred Resources to Indicated Resources ahead of a Pre-Feasibility Study planned for later this year. The Boin deposit currently has an Indicated Resource of 258,200 ounces (13.0M tonnes at 0.62 g/t Au) and an Inferred Resource of 349,600 ounces (15.9M tonnes at 0.68 g/t Au). The drilling continues to prove mineralization continuity and shows potential for resource growth, particularly at depth where most drilling has only reached an average vertical depth of 100 metres.

Newcore Gold (NCAUF) has announced significant drilling results from its ongoing 35,000-metre drill program at the Enchi Gold Project in Ghana. Key highlights include intersections of 2.25 g/t gold over 56.0 metres from 96 metres (Hole KBRC352) and 1.16 g/t gold over 72.0 metres from 104 metres (Hole KBRC344) at the Boin Gold Deposit. The program, focused on resource growth and infill drilling, aims to convert Inferred Resources to Indicated Resources before commissioning a Pre-Feasibility Study later this year.

The drilling results revealed multiple wide zones of gold mineralization with higher-grade sub-intervals, particularly in the north-central and south-central portions of the Boin deposit. The Enchi Project currently hosts an Indicated Mineral Resource of 743,500 ounces gold (41.7 million tonnes at 0.55 g/t Au) and an Inferred Resource of 972,000 ounces gold (46.6 million tonnes at 0.65 g/t Au).

Newcore Gold has announced significant drilling results from its 35,000-metre drill program at the Enchi Gold Project in Ghana. Key intersections at the Nyam Gold Deposit include 2.50 g/t Au over 15.0 metres and 3.00 g/t Au over 10.0 metres, while the Kojina Hill Gold Target yielded 0.67 g/t Au over 37.0 metres.

The ongoing drill program focuses on resource growth and infill drilling to convert Inferred Resources to Indicated, preparing for a Pre-Feasibility Study later this year. The program reported results from 13 RC holes at Nyam and 7 RC holes at Kojina Hill, with all holes intersecting gold mineralization.

The Enchi Project currently hosts an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au containing 743,500 ounces gold and an Inferred Resource of 46.6 million tonnes grading 0.65 g/t Au containing 972,000 ounces.

Newcore Gold has announced new drilling results from its 35,000-metre drill program at the Enchi Gold Project in Ghana. Key intersections at the Sewum Gold Deposit include 0.73 g/t Au over 68.0 metres, 0.74 g/t Au over 49 metres, and 1.39 g/t Au over 24.0 metres including a higher-grade interval of 6.56 g/t over 4.0 metres.

The drilling program is focused on resource growth and infill drilling to convert Inferred Resources to Indicated, with the first phase aimed at resource conversion before commissioning a Pre-Feasibility Study later this year. The second phase will target discovery and resource growth.

The Sewum deposit currently hosts an Indicated Mineral Resource of 20.9 million tonnes grading 0.48 g/t Au (323,300 ounces) and an Inferred Resource of 21.8 million tonnes grading 0.53 g/t Au (373,100 ounces). Results continue to prove out continuity of gold mineralization and potential for resource growth.

Newcore Gold has expanded its 2024-2025 drill program at the Enchi Gold Project in Ghana to 35,000 metres following a successful $15 million equity financing. Recent shallow drilling at the Boin Gold Deposit revealed significant gold mineralization, with notable intersections including 1.28 g/t Au over 63.0 metres and 2.18 g/t Au over 23.0 metres.

The expanded program aims to accelerate resource conversion ahead of a Pre-Feasibility Study planned for late 2025. Key drilling highlights include:

• Hole KBRC328: 1.28 g/t Au over 63.0m from 9m depth
• Hole KBRC335: 2.18 g/t Au over 23.0m from 6m depth, including 5.58 g/t over 8.0m
• Hole KBRC337: 1.06 g/t Au over 47.0m from 79m depth

The program will focus on resource conversion and discovery potential, with 21 out of 23 recent holes intersecting gold mineralization. The Boin deposit currently holds an Indicated Resource of 13.0M tonnes at 0.62 g/t Au (258,200 ounces) and an Inferred Resource of 15.9M tonnes at 0.68 g/t Au (349,600 ounces).

Newcore Gold has been named one of the top 50 performing companies on the TSX Venture Exchange (TSXV) for 2024. This recognition comes as part of the annual TSX Venture 50™ ranking, which evaluates over 1,600 TSXV issuers based on three key criteria: market capitalization growth, share price appreciation, and Canadian consolidated trading value.

The company achieved remarkable performance in 2024, with a notable share price appreciation of 121%. Luke Alexander, President and CEO, expressed pride in the recognition and highlighted the company's ongoing commitment to advancing their Enchi Gold Project in Ghana while creating value for shareholders and stakeholders.