Welcome to our dedicated page for Newcore Gold news (Ticker: NCAUF), a resource for investors and traders seeking the latest updates and insights on Newcore Gold stock.
Newcore Gold Ltd. reports exploration and development updates for its 100% owned Enchi Gold Project in Ghana. Company news centers on diamond drilling at deposits including Boin and Sewum, gold mineralization in oxide-transition and fresh rock horizons, and the potential for resource growth at depth. Updates also cover NI 43-101 mineral resource estimates, technical reports, pre-feasibility study work, metallurgical testing, hydrogeology, geotechnical and environmental programs, and capital actions such as warrant exercises that fund project advancement.
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Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) has filed a technical report detailing an updated Mineral Resource Estimate for its 100% owned Enchi Gold Project in Ghana. The report, effective January 25, 2023, was prepared by BBA E&C Inc. It reveals an inaugural Indicated Mineral Resource of 743,500 ounces at an average grade of 0.55 g/t Au, and an Inferred Resource of 972,000 ounces at 0.65 g/t Au. Additionally, the project now includes a high-grade underground resource of 135,900 ounces at 2.42 g/t Au. The updated estimate further supports the project's economic potential as outlined in the 2021 Preliminary Economic Assessment. The full report can be accessed on SEDAR.