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Newcore Gold Ltd NCAUF


Primary Symbol: V.NCAU

Newcore Gold Ltd. is a Canada-based company. The Company is engaged principally in the acquisition, advancement, and development of precious mineral properties, particularly its Enchi Gold Project in Ghana. The Company hosts an indicated mineral resource of 743,500 ounces of gold at 0.55 g/t and an inferred mineral resource of 972,000 ounces of gold at 0.65 g/t in a district hosting several five-million-ounce gold deposits. This approximately 216 square kilometers (km2) land package covers 40 kilometers of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several five-million-ounce gold deposits, including the Chirano mine 50 kilometers to the north. The property remains substantially underexplored, with several geochemical and geophysical anomalies yet to be tested by drilling.


TSXV:NCAU - Post by User

Post by Betteryear2on Apr 20, 2023 4:43pm
118 Views
Post# 35406130

Newcore Gold Files Technical Report

Newcore Gold Files Technical ReportVANCOUVER, British Columbia, April 20, 2023 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) reports it has filed the technical report supporting the updated, independent, Mineral Resource Estimate (the "Resource") prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") for the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana. The Resource was completed by BBA E&C Inc. ("BBA") of Sudbury, Ontario, Canada. The technical report, titled "Mineral Resource Estimate for the Enchi Gold Project" has an effective date of January 25, 2023, is reported using a gold price of US$1,650 per ounce, and is available under the Company’s profile on SEDAR at www.sedar.com.

Newcore Gold Files Technical Report for the Updated Mineral (globenewswire.com)
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