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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Newcore Gold Ltd V.NCAU

Alternate Symbol(s):  NCAUF

Metals & Mining Gold
Newcore Gold Ltd. is a Canada-based gold producer. The Company is engaged principally in the advancement and development of its 100% owned Enchi Gold Project (Enchi or the Project) in southwest Ghana. The Enchi Gold Project is located in southwest Ghana, along the eastern margin of the Sefwi gold belt that hosts multimillion ounce producing mines. Enchi includes six prospecting licenses and... see more

TSXV:NCAU - Post Discussion

Newcore Gold Ltd > Positive Updated Preliminary Economic Assessment V.NCAU
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Post by Betteryear2 on Apr 25, 2024 4:30pm

Positive Updated Preliminary Economic Assessment V.NCAU

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce positive results from the independent, updated Preliminary Economic Assessment ("PEA") completed for the Company’s 100%-owned Enchi Gold Project ("Enchi" or the "Project") in Ghana. The PEA was led by Lycopodium Minerals Canada Limited ("Lycopodium") of Toronto, Canada and provides a base case assessment of developing Enchi as a low capital intense, open pit, heap leach operation, processing 8.1 million tonnes per annum ("mtpa") utilizing contract mining. The PEA incorporated updated costing as well as development work completed on the Project since 2021 including a larger Mineral Resource Estimate completed in 2023, a significant amount of bench-scale and bulk sample metallurgical testwork and an updated environmental and social baseline study. All currencies in this news release are reported in U.S. dollars.

Newcore Gold Announces Positive Updated Preliminary (globenewswire.com)
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Newcore Gold Ltd