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) is a Canadian mining company focused on the exploration and development of high-quality gold projects in North America. With a portfolio of properties including the Enchi Gold Project located in Ghana, Newcore Gold is committed to sustainable mining practices and community engagement. The company recently completed a 60-Day Pilot Tests on 15-tonne samples from the Sewum and Boin Gold Deposits, showcasing strong metallurgical testing results and recoveries. Moreover, the addition of the Omanpe License has expanded the Enchi Gold Project to 248 km², highlighting the company's growth and potential for the future.
Rhea-AI Summary
Newcore Gold announces positive updated Preliminary Economic Assessment for the Enchi Gold Project in Ghana, with after-tax NPV5% of $371 million, after-tax IRR of 58% at $1,850/oz gold, and average annual gold production of ~120,000 ounces. The PEA reveals strong project economics, low capital intensity, and robust production profile, highlighting the district-scale exploration opportunity at Enchi.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.9%
Tags
-
Rhea-AI Summary
CEO.CA Technologies Ltd., a leading investor social network, provides comprehensive video coverage from the recent PDAC convention. With millions of visitors annually, CEO.CA offers a platform for global investors to connect and share knowledge.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
-
Rhea-AI Summary
Newcore Gold Ltd. announces the addition of the Omanpe license, increasing the Enchi Gold Project to 248 km². Positive developments include the completion of an updated Environmental and Social Baseline Study and progress on an updated Preliminary Economic Assessment study for H1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
Rhea-AI Summary
Newcore Gold Ltd. (NCAU) Announces Positive Results from Pilot Heap Tests at Enchi Gold Project in Ghana
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
-
Rhea-AI Summary
Newcore Gold Ltd. has engaged independent engineering consultants to prepare an updated NI 43-101 Preliminary Economic Assessment study for its Enchi Gold Project in Ghana. The study will incorporate the current Mineral Resource Estimate, updated cost estimates, and significant metallurgical testwork. Completion and announcement of the results are targeted for H1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.68%
Tags
-
Rhea-AI Summary
Newcore Gold Ltd. announces positive results from additional column tests at Enchi Gold Project in Ghana. Average gold recovery of 91.7% achieved from five column tests. Low reagent consumption and ongoing optimization work. Favorable results to be incorporated into PEA update in H1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.87%
Tags
Rhea-AI Summary
Newcore Gold Ltd. has appointed Branden Fraser as Vice President, Projects and has commenced an updated Preliminary Economic Assessment for the Enchi Gold Project in Ghana. The updated study will incorporate the updated Mineral Resource Estimate and significant metallurgical testwork. Newcore continues to advance the development of the Enchi Gold Project and aims to create significant value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Newcore Gold grants 1,540,000 stock options and 531,000 restricted share units as equity incentive awards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Newcore Gold Ltd. provides an update on exploration and development activities at the Enchi Gold Project in Ghana. Diamond drilling at the Nyam Gold Deposit continues to intersect high-grade mineralization, with highlights including 3.28 g/t Au over 11.0 m. Metallurgical testwork confirms excellent gold recoveries averaging 91.7%. Additional exploration work includes trenching on gold anomalies and further metallurgical testwork. The Enchi Gold Project hosts an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au containing 743,500 ounces gold.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
Tags
FAQ
What is the current stock price of NEWCORE GOLD (NCAUF)?
The current stock price of NEWCORE GOLD (NCAUF) is $0.2302 as of November 22, 2024.
What is the market cap of NEWCORE GOLD (NCAUF)?
The market cap of NEWCORE GOLD (NCAUF) is approximately 48.6M.
What is Newcore Gold Ltd (NCAUF) focused on?
Newcore Gold Ltd is focused on the exploration and development of high-quality gold projects in North America, with a strong commitment to sustainable mining practices and community engagement.
Where is the Enchi Gold Project located?
The Enchi Gold Project is located in Ghana and has recently been expanded to 248 km² with the addition of the Omanpe License.
What recent achievements has Newcore Gold Ltd (NCAUF) highlighted?
Newcore Gold Ltd recently completed a 60-Day Pilot Tests on 15-tonne samples from the Sewum and Boin Gold Deposits, showcasing strong metallurgical testing results and recoveries.
NEWCORE GOLD LTD