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. (NCAUF) generates a steady stream of exploration and corporate news centered on its 100% owned Enchi Gold Project in Ghana. Company releases focus on drill results from multiple deposits and targets across the district-scale land package, as well as on technical and corporate milestones tied to advancing Enchi through resource definition and project studies.
A major theme in Newcore’s news flow is the reporting of drill results from key deposits such as Boin, Sewum, Nyam and Kwakyekrom, along with the Kojina Hill Gold Target. The company regularly discloses intersections of near-surface oxide, transition and shallow fresh or sulphide mineralization, as well as deeper diamond drill intercepts that test higher-grade potential at depth. Many updates highlight wide mineralized intervals, high-grade zones, and extensions of mineralization beyond the limits of existing pit-constrained resource models.
Another recurring topic is the progress of the multi-phase drill program at Enchi. News items describe the scale of the program in metres drilled, the transition from infill drilling for resource conversion to discovery-focused drilling, and the proportion of holes that intersect gold mineralization. Releases also discuss the expansion of the drill program, reflecting Newcore’s decision to increase planned metres on the back of results and available funding.
Newcore’s updates also cover project development and corporate events, including work in support of a planned Pre-Feasibility Study, such as metallurgical testwork, hydrogeological and geotechnical studies, environmental work, drone topographic surveys and airborne geophysical surveys. Corporate news includes financing-related items like warrant exercises that provide funding for drilling and development, as well as governance events such as annual general meeting results and equity incentive awards.
Investors and observers can use this news stream to follow how drilling affects the understanding of Enchi’s resource potential, how technical work advances the project toward study milestones, and how Newcore funds and governs its exploration and development activities.
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.
Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) announced the results of its Annual General Meeting held on June 29, 2021. Shareholders approved all resolutions, including setting the board size at nine and re-electing incumbent directors. A total of 49,499,830 shares were voted, representing 50% of the total shares outstanding. The reappointment of PricewaterhouseCoopers LLP as auditors was also confirmed. Newcore is advancing its Enchi Gold project in Ghana, an area rich in gold deposits, with a focus on maximizing shareholder returns through responsive management.