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) delivers gold exploration updates through advanced drilling programs and metallurgical testing. This dedicated news hub provides investors with official press releases, operational milestones, and strategic developments from the junior mining company.
Access timely updates on resource estimates, exploration results, and corporate announcements. Our curated collection includes earnings reports, partnership disclosures, and technical progress updates from NCAUF's West African gold projects. All content is sourced directly from company filings and verified channels.
Key focus areas include oxide mineralization assessments, reverse circulation drilling results, and mineral processing innovations. Track the company's progress in developing its flagship assets through methodical exploration strategies and disciplined resource evaluation.
Bookmark this page for streamlined access to NCAUF's latest developments. Investors can efficiently monitor exploration breakthroughs, management commentary, and industry positioning updates essential for informed analysis of this gold-focused mineral explorer.
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.
Newcore Gold Ltd. (NCAUF) announced positive results from an updated Preliminary Economic Assessment (PEA) for its Enchi Gold Project in Ghana. The PEA reveals an after-tax NPV5% of $212 million and an IRR of 42% at a gold price of $1,650/oz. Average annual gold production is projected at 104,171 ounces over the first five years. Initial capital costs are estimated at $97 million with a payback period of 2.3 years. The updated Inferred Mineral Resource stands at 70.4 million tonnes grading 0.62 g/t gold, containing 1.4 million ounces. The company believes there is significant exploration upside potential.
Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) announced promising drill results from the Boin Gold Deposit at its Enchi Gold Project in Ghana. The recent drilling expanded the strike length by over four kilometres, with significant intersections including 0.90 g/t Au over 69.0 metres and high-grade zones of 2.06 g/t Au over 12.0 metres. This brings the total mineral resource at Enchi to 1.22 million ounces, remaining open for further expansion. The ongoing 66,000 metre drill program has confirmed gold mineralization in 32 of 44 holes reported.
Newcore Gold Ltd. reported significant progress at its Enchi Gold Project in Ghana, announcing additional drill results from the Kwakyekrom Gold Target. The recent drilling has revealed a gold intersection of 0.61 g/t Au over 50.0 m and a notable expansion of mineralization by 500 meters, now covering a 1.3 km strike. Furthermore, metallurgical tests show an average gold recovery of 79.8% from oxide samples. The company is set to complete an updated Preliminary Economic Assessment (PEA) by Q2 2021, incorporating 18,000 meters of recent drilling data.
Newcore Gold Ltd. has expanded its Enchi Gold Project drill program in Ghana to 66,000 metres by adding 8,000 metres of Reverse Circulation drilling, following successful results. Significant findings include 0.79 g/t Au over 59.0 m at Kojina Hill, and 1.32 g/t Au over 9.0 m at Nyam. Total completed drilling includes 40,549 metres across 255 holes, with 10 of 13 holes intersecting gold. The project hosts an Inferred Mineral Resource of 52.9 million tonnes grading 0.72 g/t Au, estimated at 1.22 million ounces of gold.
Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) has announced significant drill results from its ongoing 58,000 metre drilling program at the Enchi Gold Project in Ghana. Notable findings from the Boin Gold Deposit include 0.85 g/t Au over 67.0 m and higher grades, such as 2.95 g/t Au over 9.0 m. The mineralization has been extended 400 metres north of previous drilling. The results indicate potential for significant resource expansion, with further drilling planned to explore additional high-priority targets.
Newcore Gold Ltd. (NCAUF) announced significant drill results from the Nyam Gold Deposit at its Enchi Gold Project in Ghana. Highlights include intersections of 1.57 g/t Au over 40.0 m and 5.40 g/t Au over 9.0 m, extending mineralization to a vertical depth of 200 m and a strike length of 1.8 km. All 24 holes drilled intersected gold mineralization, indicating potential for resource growth. The company has completed 34,625 metres of its planned 58,000 metre drill program, with results from 40% of the drilling released to date.
Newcore Gold Ltd. announced additional drill results from its ongoing 58,000 metre drill program at the Enchi Gold Project in Ghana. Highlights include intersections of 0.82 g/t Au over 103.0 metres at the Sewum Gold Deposit and 0.79 g/t Au over 53.0 metres at the Kwakyekrom Target. The results indicate continued expansion of gold mineralization, with significant potential for resource growth. Approximately 35% of the drilling results have been reported, with further drilling planned to explore additional resource opportunities.
