Newcore Gold Ltd. reports it has filed the technical report supporting the updated, independent, Mineral Resource Estimate prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects for the Company's 100% owned Enchi Gold Project in Ghana. The Resource was completed by BBA E&C Inc. of Sudbury, Ontario, Canada. The technical report, titled "Mineral Resource Estimate for the Enchi [...]
743,500 Indicated and 972,000 Inferred Gold Ounces Inaugural Indicated Resource De-Risks Project Development; Future Resource Growth from District-Scale Exploration Potential of Both Oxide and Sulphide Mineralisation VANCOUVER, British Columbia, March 07, 2023 -- Newcore Gold Ltd. is pleased to announce the results of an updated, independent, Mineral Resource Estimate prepared in accordance with National Instrument 43-101 [...]
Newcore Gold Ltd. is pleased to provide an update on work programs and exploration activities underway at the Company's 100% owned Enchi Gold Project in Ghana. Current activities focused on de-risking and advancement of the Project include: Completion of an updated Mineral Resource Estimate to be released in January 2023; Diamond drilling underway at the Nyam Gold Deposit at Enchi, following up on high-grade results from [...]
Newcore Gold Ltd. is pleased to announce positive results from three 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 92.4% was achieved from column testwork completed on two composite samples from the Sewum Gold Deposit and one composite sample from the Boin Gold Deposit . Highlights from Column Test Results [...]
Newcore Gold Ltd. is pleased to announce the start of a 5,000 metre discovery and resource expansion drill program at the Company's 100% owned Enchi Gold Project in Ghana. Approximately 5,000 metres of drilling is planned and will include both diamond and Reverse Circulation drilling. Diamond drilling will focus on continuing to define the higher-grade sulphide mineralization at depth with a goal of delineating the [...]
Newcore Gold Ltd. announces the annual grant of equity incentive awards. Newcore has granted 1,690,000 stock options and 320,000 restricted share units to various employees, directors and executives of the Company. The stock options were granted at a price of $0.30 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 [...]
Newcore Gold Ltd. is pleased to announce final drill results and the completion of a successful 90,000 metre drill program at the Company’s 100% owned Enchi Gold Project in Ghana. Newcore’s multi-pronged exploration approach delivered on its goals: Successfully outlined the potential resource growth along strike at all four deposits; Encountered strong results at previously drilled zones outside of the resource area [...]
Newcore Gold is pleased to report the voting results from its Annual General Meeting of Shareholders held on July 13, 2022. Shareholders voted in favour of all resolutions set out in the Company’s Notice of Meeting and Information Circular, dated June 14, 2022. 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 year [...]
Newcore Gold is pleased to announce it has closed its previously announced bought deal public offering. Pursuant to the Offering, the Company issued 16,700,000 common shares of the Company at a price of $0.30 per Share for aggregate gross proceeds to the Company of approximately $5.0 million. Post Offering the Company has 138.1 million shares issued and outstanding, with Management and the Board of Directors owning a 24 [...]
Newcore Gold Ltd. is pleased to announce it has entered into an agreement with a syndicate of underwriters led by Stifel GMP pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 16,700,000 common shares of the Company at a price of $0.30 per Common Share for aggregate gross proceeds to the Company of $5,010,000. The Company intends to use the net proceeds from the Offering to fund [...]
Newcore Gold Ltd. is pleased to announce drill results from the 90,000 metre drill program underway at the Company’s 100% owned Enchi Gold Project in Ghana. First pass RC drilling at the Tokosea Gold Target, completed as part of the inaugural drill program on the grassroot target at Enchi, intersected 1.29 g/t Au over 13.0 m from 42 m in the oxides, with an additional zone in the upper sulphides intersecting 0.48 g/t Au [...]
Newcore Gold Ltd. is pleased to announce drill results from the 90,000 metre drill program underway at the Company's 100% owned Enchi Gold Project in Ghana. First pass Reverse Circulation drilling at the Tokosea Gold Target, completed as part of the inaugural drill program on the grassroot target at Enchi, intersected multiple wide zones of gold mineralization from surface. Drill results included 1.80 grams per tonne gold [...]