Newcore Gold Ltd Stock Price, News & Analysis

Newcore Gold announced significant advancements at its Enchi Gold Project in Ghana, highlighted by high-grade gold mineralization at the Nyam Gold Deposit. Recent diamond drilling results indicate intersections of 4.51 g/t Au over 13.0 m and 3.21 g/t Au over 15.0 m, with additional high-grade zones identified. The ongoing 90,000-metre drill program has successfully outlined two major high-grade areas, offering promising potential for future resource expansion. The Enchi project currently hosts an Inferred Mineral Resource of 1.41 million ounces of gold.

Newcore Gold Ltd. announced significant drill results from the ongoing 90,000 metre program at its 100% owned Enchi Gold Project in Ghana. Drilling at the Nyam Gold Deposit has yielded high-grade gold mineralization, with notable results including 2.04 g/t Au over 35.0 metres from surface in hole NBRC075. The company has increased the drill-tested strike extent to three kilometres, indicating strong potential for resource growth. A total of 59,559 metres of drilling results have been released, showcasing extensive gold mineralization across multiple holes, with 30 out of 34 holes intersecting gold.

Newcore Gold Ltd. (NCAU, NCAUF) announced that President and CEO Luke Alexander will present at VirtualInvestorConferences.com on October 20, 2021, from 11:00 - 11:30 am ET. This live, interactive event allows investors to pose questions in real-time. An archived version will also be available post-event. Newcore is advancing its Enchi Gold project in Ghana, a region known for significant gold production. The company emphasizes shareholder alignment with a 27% equity ownership.

Newcore Gold has announced promising additional drilling results from its Enchi Gold Project in Ghana, focusing on the Sewum Gold Deposit. The latest findings include high-grade intersections of 2.33 g/t Au over 14.0 meters, with deeper structures revealing potential for resource growth. The 90,000-meter drill program is designed to explore both near-surface and deeper mineralization. Newcore remains fully funded for this initiative, aiming to unlock the multi-million-ounce potential of the project. Results from 11 diamond drill holes confirm continued mining viability.

Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) has announced the annual grant of equity incentive awards totaling 1,190,000 stock options, 370,000 restricted share units, and 400,000 performance share units. The stock options are priced at $0.54 per share, valid for five years, and are subject to regulatory approval with specific vesting provisions. Newcore focuses on its Enchi Gold Project in Ghana, which spans 216 km² in a region known for high gold production, including a notable proximity to the Bibiani Shear Zone.

Newcore Gold Ltd. (NCAUF) reports successful drilling results at its 100% owned Enchi Gold Project in Ghana, expanding its drilling program to 90,000 metres after completing an $11.5 million equity financing. Recent drill results from the Boin Gold Deposit include 1.00 g/t Au over 103.0 metres, while the Sewum Gold Deposit saw 0.63 g/t Au over 77.0 metres. Overall, 23 of the 25 drilled holes intersected gold mineralization. The project's inferred resource is estimated at 70.4 million tonnes grading 0.62 g/t Au, yielding 1.41 million ounces of gold.

Newcore Gold Ltd. announces significant drill results from its Enchi Gold Project in Ghana, revealing the highest-grade gold interval to date: 95.16 g/t Au over 2.0 m from RC hole KBRC250. The ongoing 66,000 metre drill program has confirmed extensive gold mineralization, with 90% of holes intersecting gold. The total Inferred Mineral Resource stands at 1.41 million ounces. Key highlights include multiple wide zones of mineralization, further indicating the potential for resource expansion across the district. Approximately 50% of the identified gold-in-soil anomaly remains untested.

Newcore Gold Ltd. (NCAUF) announced impressive results from column tests at its Enchi Gold Project in Ghana, achieving an average gold recovery of 94.7%. The project, hosting an inferred mineral resource of 1.41 million ounces of gold, completed four column tests from its Sewum and Boin deposits, with recovery rates ranging from 91.7% to 97.7%. The tests indicated low reagent consumption, supporting the suitability of the project for heap leach gold recovery. Further metallurgical testing is underway to optimize recoveries across other deposits.

Newcore Gold Ltd. (NCAUF) has filed a technical report supporting an updated Preliminary Economic Assessment (PEA) for its Enchi Gold Project in Ghana, effective June 8, 2021. The PEA indicates a robust project with a pre-tax NPV of $333 million at a gold price of $1,650/oz, and strong IRR metrics. The project has an inferred resource of 70.4 million tonnes grading 0.62 g/t Au, containing 1.4 million ounces of gold. Additional exploration is ongoing to enhance resources, with significant potential indicated by recent drilling results.