Newcore Gold Ltd. 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 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 and the Boin Gold Deposit at Enchi. An average gold recovery of [...]
Newcore Gold Ltd. is pleased to announce it has engaged the independent engineering consultants Lycopodium, Micon International Limited and SEMS Exploration to prepare an updated National Instrument 43-101 Preliminary Economic Assessment study for the Company's 100%-owned Enchi Gold Project in Ghana. Newcore is targeting completion and announcement of the results of the study by the end of H1 2024. Luke Alexander [...]
Newcore Gold Ltd. is pleased to announce positive results from five additional column tests completed as part of the ongoing metallurgical program at the Company's 100%-owned Enchi Gold Project in Ghana. An average gold recovery of 91.7% was achieved from column testwork completed on three composite samples from the Sewum Gold Deposit and two composite sample from the Boin Gold Deposit . Highlights from Column Test [...]
Newcore Gold Ltd. is pleased to announce the appointment of Branden Fraser, P.Eng. as Vice President, Projects, effective September 8, 2023. Newcore is also pleased to announce it has commenced the process of engaging an independent engineering firm to prepare an updated National Instrument 43-101 Preliminary Economic Assessment study for the Company's 100% owned Enchi Gold Project in Ghana. Luke Alexander, President and [...]
Newcore Gold Ltd. announces the annual grant of equity incentive awards. Newcore has granted 1,540,000 stock options and 531,000 restricted share units to employees, directors and executives of the Company. The stock options were granted at a price of $0.20 per share for a period of five years. The Equity Incentive Awards are subject to regulatory approval, are granted under the Company's long-term incentive plan and are [...]
Newcore Gold Ltd. is pleased to announce an update on exploration and development activities underway at the Company's 100% owned Enchi Gold Project in Ghana. Diamond Drilling at the Nyam Gold Deposit , targeting high-grade mineralization in the upper portions of the sulphide mineralization, intersected 3.28 grams per tonne gold over 11.0 metres , within a broader zone of 1.58 g/t Au over 26.3 m. Nyam is one of the [...]
Newcore Gold Ltd. announces today that Mr. Edward Farrauto has tendered his resignation as a director of the Company, effective immediately, to focus on his other professional commitments. Mr. Farrauto has been a director of the Company since January 18, 2010. Doug Forster, Chairman of Newcore stated, "We would like to thank Ed for his valuable contributions as a director to the company throughout his tenure. On behalf of [...]
Newcore Gold Ltd. is pleased to report the voting results from its Annual General Meeting of Shareholders held on July 19, 2023. Shareholders voted in favour of all resolutions set out in the Company's Notice of Meeting and Information Circular, dated June 15, 2023. Shareholders voted in favour of setting the number of directors at nine and the following incumbent directors were re-elected as directors for the ensuing [...]
Newcore Gold Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement financing pursuant to which the Company issued 33,333,332 units of the Company at $0.15 per Unit for aggregate gross proceeds of $4,999,999.80 . The securities were offered under the Listed Issuer Financing Exemption . Luke Alexander, President and CEO of Newcore stated, "We are pleased to be welcoming a new [...]
VANCOUVER, BC, June 12, 2023 /CNW/ - Trading resumes in: Company: Newcore Gold Ltd. TSX-Venture Symbol: NCAU All Issues: Yes Resumption : 8:00 06/13/2023 At the open CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment [...]
VANCOUVER, BC, June 12, 2023 /CNW/ - The following issues have been halted by CIRO Company: Newcore Gold Ltd. TSX-Venture Symbol: NCAU All Issues: Yes Reason: Pending News Halt Time : 4:03 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
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 33,333,333 units of the Company to be priced at $0.15 per Unit . The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian [...]