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Newcore Gold Ltd - NCAUF STOCK NEWS

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.

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Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) announced the initiation of a 5,000 metre drill program at its 100% owned Enchi Gold Project in Ghana. This program aims to explore both high-grade sulphide mineralization at depth and near-surface oxide resources. The company is fully funded for the drilling following a $5 million equity financing completed in July 2022. The Enchi Project covers 216 km2, with significant potential for resource expansion and is located along a prolific gold belt, highlighting its district-scale exploration opportunities.

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Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) announced the annual grant of equity incentive awards, issuing 1,690,000 stock options and 320,000 restricted share units to employees, directors, and executives. The stock options are priced at $0.30 per share for five years and are subject to vesting and regulatory approval. Newcore is advancing its Enchi Gold Project in Ghana's Bibiani Shear Zone, which has a strong gold production potential. The company emphasizes shareholder alignment with management holding 24% equity.

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Newcore Gold Ltd. announced successful completion of its 90,000 metre drill program at the Enchi Gold Project in Ghana. The program confirmed resource growth potential at all four deposits, with high-grade gold intervals found, including 95.16 g/t Au over 2.0 m at Boin. Three new greenfield discoveries were reported, expanding the gold mineralization footprint. Key highlights also include a planned updated Mineral Resource Estimate by late 2022. Institutional shareholders currently own about 40% of Newcore, reflecting strong market confidence.

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Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) announced favorable voting results from its Annual General Meeting held on July 13, 2022. Shareholders approved all resolutions, including re-electing nine directors and appointing PricewaterhouseCoopers LLP as auditors for the upcoming year. A total of 48,571,595 common shares were voted, representing 40% of the company's total share issuance. Newcore Gold continues to advance its Enchi Gold Project in Ghana and aims to maximize returns for its shareholders.

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Newcore Gold Ltd. (NCAUF) announced promising results from its inaugural drilling at Tokosea, a new gold target at its Enchi Gold Project in Ghana. The 90,000 metre program revealed intersections such as 1.29 g/t Au over 13.0 m and 0.48 g/t Au over 32.0 m, indicating significant mineralization potential. Drilling expanded the mineralized zone by 100 metres to the south and highlighted the area's capacity for resource growth. Overall, 20 of the 26 holes encountered gold, reinforcing the project's prospects in a prolific gold belt.

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Newcore Gold Ltd. announced promising drill results from its 90,000-metre exploration program at the Enchi Gold Project in Ghana, revealing high-grade gold mineralization at the newly discovered Tokosea target. Key findings include 1.80 g/t Au over 27.0 metres and 4.13 g/t Au over 3.0 metres. The project, which encompasses 216 km2, showcases potential for additional gold resources, with 24 of 30 drilled holes intersecting mineralization. With a focus on the Bibiani Shear Zone, the ongoing drilling aims to enhance the mineral resource estimate and future project growth.

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Newcore Gold Ltd. (NCAUF) announced two promising gold discoveries at its Enchi Gold Project in Ghana, confirming the effectiveness of its ongoing 90,000-meter drill program. Drilling at the Tokosea target revealed high-grade gold mineralization of 3.52 g/t Au over 9.0 meters, including 7.36 g/t Au over 4.0 meters. Meanwhile, the Sewum South target intersected 0.95 g/t Au over 15.0 meters. Notably, 49 of the 55 drilled holes intersected gold mineralization, indicating significant potential for resource expansion. Newcore aims to enhance value for stakeholders through systematic exploration.

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Newcore Gold Ltd. (NCAUF) announces high-grade gold drill results from its Enchi Gold Project in Ghana, part of a 90,000 metre drill program. Notable findings include 1.98 g/t Au over 25.0 m and 2.14 g/t Au over 18.0 m in the Sewum Gold Deposit and 0.89 g/t Au over 47.8 m at the Eradi Target. The results from 42 holes totaling 4,890.5 m show gold mineralization in 39 instances, underscoring the resource growth potential in this prolific gold belt. This drilling program is set to expand on existing resources and explore new targets.

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Newcore Gold Ltd. (NCAUF) announced positive drilling results from its 90,000-meter drill program at the Enchi Gold Project in Ghana. RC drilling at the Nyam Deposit intersected high-grade oxide gold mineralization of 1.79 g/t Au over 24.0 meters. At the Kwakyekrom Deposit, mineralization was extended by 500 meters to the north, with notable intersections including 0.99 g/t Au over 29.0 meters. Overall, 33 of 37 holes reported gold mineralization, indicating strong potential for resource growth. This ongoing drill program highlights Newcore's commitment to expanding its gold mineral resources.

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Newcore Gold Ltd. (NCAUF) reported significant progress in 2021, particularly at its 100%-owned Enchi Gold Project in Ghana. The company's 90,000-meter drill program revealed the highest recorded gold interval at the Boin Gold Deposit, with 95.16 g/t Au over 2.0 meters. An updated Preliminary Economic Assessment (PEA) indicated robust economics, presenting a US$212 million NPV at a gold price of US$1,650/oz. The Enchi project hosts a pit constrained inferred resource of 70.4 million tonnes grading 0.62 g/t Au, totaling 1.41 million ounces gold, underscoring its substantial growth potential.

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FAQ

What is the current stock price of Newcore Gold (NCAUF)?

The current stock price of Newcore Gold (NCAUF) is $0.282 as of February 21, 2025.

What is the market cap of Newcore Gold (NCAUF)?

The market cap of Newcore Gold (NCAUF) is approximately 47.2M.

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

OTC:NCAUF

NCAUF Rankings

NCAUF Stock Data

47.22M
87.85M
18.31%
33.7%
Gold
Basic Materials
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Canada
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