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Newcore Gold Ltd V.NCAU

Alternate Symbol(s):  NCAUF

Metals & Mining Gold
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

Newcore Gold Ltd
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Post by Betteryear2on Nov 21, 2023 10:45am
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Post# 35746388

Newcore Gold Announces Average Gold Recovery of 91.9%

Newcore Gold Announces Average Gold Recovery of 91.9%VANCOUVER, British Columbia, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce positive results from two bulk-scale pilot heap tests completed as part of the ongoing metallurgical program at the Company’s 100%-owned Enchi Gold Project ("Enchi" or the "Project") in Ghana. Two bulk-scale pilot heap tests, leached for 60-days, were completed on 15-tonne composite samples of oxide mineralization from the Sewum Gold Deposit ("Sewum") and the Boin Gold Deposit ("Boin") at Enchi. An average gold recovery of 91.9% was achieved from both samples, with Sewum achieving an average gold recovery of 93.5% and Boin achieving an average gold recovery of 90.3%. These strong metallurgical results on oxide material from Enchi continue to highlight the Project’s amenability to heap leach processing.

Newcore Gold Announces Average Gold Recovery of 91.9% (globenewswire.com)
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