Newcore Gold Ltd. is pleased to announce additional drill results from the 10,000-metre drill program underway at the Company's 100% owned Enchi Gold Project in Ghana. Reverse Circulation drilling at the Boin Gold Deposit completed as part of the resource growth and infill program designed to convert Inferred Resources to Indicated intersected 0.94 grams per tonne gold over 54.0 metres from 150 m in hole KBRC294 [...]
Newcore Gold Ltd. is pleased to announce drill results from the 10,000-metre drill program underway at the Company's 100% owned Enchi Gold Project in Ghana. Reverse Circulation drilling at the Boin Gold Deposit completed as part of the resource growth and infill program designed to convert Inferred Resources to Indicated intersected 1.96 grams per tonne gold over 62.0 metres from 139 m in hole KBRC288, including 2.31 g/t [...]
Newcore Gold Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement financing, announced on September 5, 2024 and upsized on September 6, 2024, pursuant to which the Company issued 18,965,518 units of the Company at $0.29 per Unit for aggregate gross proceeds of $5,500,000 . The Units under the LIFE Offering were issued pursuant to the LIFE Exemption . Luke Alexander [...]
Newcore Gold Ltd. is pleased to announce that it is amending the terms of its non-brokered private placement financing under the Listed Issuer Financing Exemption , previously announced on September 5, 2024, whereby the Company now intends to raise up to $5,500,000 through an offering of up to 18,965,518 units of the Company priced at $0.29 per Unit . The securities offered under the Listed Issuer Financing Exemption will [...]
Newcore Gold Ltd. is pleased to announce a non-brokered private placement financing under the Listed Issuer Financing Exemption , whereby the Company intends to raise up to $5,000,000 through an offering of up to 17,241,380 units of the Company to be priced at $0.29 per Unit . The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian [...]
Newcore Gold Ltd. announces the annual grant of equity incentive awards. Newcore has granted 1,690,000 stock options, 1,700,000 restricted share units and 300,000 performance share units to employees, directors and executives of the Company. The stock options were granted at a price of $0.29 per share for a period of five years. The Equity Incentive Awards are subject to regulatory approval, are granted under the [...]
Newcore Gold Ltd. is pleased to report the voting results from its Annual General Meeting of Shareholders held on July 18, 2024. Shareholders voted in favour of all resolutions set out in the Company's Notice of Meeting and Information Circular, dated June 15, 2024. Shareholders voted in favour of setting the number of directors at seven and the following incumbent directors were re-elected as directors for the ensuing [...]
Newcore Gold Ltd. is pleased to announce that it has received total proceeds of approximately $3.3 million from the exercise of 16,666,666 common share purchase warrants of the Company which expired on June 28, 2024. The Warrants had an exercise price of $0.20 and were originally issued on June 28, 2023 following the completion of a non-brokered private placement financing. Luke Alexander, President and CEO of Newcore [...]
Newcore Gold Ltd. is pleased to announce the start of a 10,000-metre drill program at the Company's 100%-owned Enchi Gold Project in Ghana. The drill program will focus on infill and resource expansion drilling. Approximately 10,000 metres of Reverse Circulation drilling is planned, targeting near-surface oxide and shallow sulphide mineralization with a main goal of infill drilling for resource conversion to improve the [...]
Newcore Gold Ltd. reports it has filed the technical report supporting the positive results from the independent, updated Preliminary Economic Assessment completed for the Company's 100%-owned Enchi Gold Project in Ghana. The PEA was led by Lycopodium Minerals Canada Limited of Toronto, Canada and was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The technical report [...]
Newcore Gold Ltd. is pleased to announce positive results from the independent, updated Preliminary Economic Assessment completed for the Company's 100%-owned Enchi Gold Project in Ghana. The PEA was led by Lycopodium Minerals Canada Limited 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 utilizing [...]
Newcore Gold Ltd. is pleased to announce several positive developments at the Company's 100%-owned Enchi Gold Project in Ghana. Newcore has increased the size of its district scale Project with the addition of the Omanpe license. Omanpe covers 32.12 km² and grows the size of the Enchi Gold Project to 248 km². In addition, Newcore has completed an updated Environmental and Social Baseline Study for the Project , an [...]