Newcore Gold Ltd. is pleased to announce that on the back of the success achieved to date with drilling at the Company's 100% owned Enchi Gold Project in Ghana, and the completion of an $11.5 million equity financing, the Company has increased its 2020 - 2021 drill program to 90,000 metres. Newcore is also pleased to announce additional drill results, with drilling at the Boin Gold Deposit at Enchi intersecting 1.00 grams [...]
Newcore Gold Ltd. is pleased to announce that it has closed its previously announced bought deal public offering . Pursuant to the Offering, the Company issued 19,167,050 common shares of the Company at a price of $0.60 per Share for aggregate gross proceeds to the Company of approximately $11.5 million, which included the full exercise of the over-allotment option. Luke Alexander, President and CEO of Newcore stated, "We [...]
Newcore Gold Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. pursuant to which the Underwriters have agreed to purchase on a bought deal basis 16,667,000 common shares of the Company at a price of C$0.60 per Share for aggregate gross proceeds of approximately C$10 million . The Underwriters also have an option to purchase that number of [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Green Energy and Precious Metals Investor Conference on July 27th, 28th & 29th. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of [...]
Newcore Gold Ltd. is pleased to announce additional drill results from the 66,000 metre drill program underway at the Company's 100% owned Enchi Gold Project in Ghana. Drilling at the Boin Gold Deposit at Enchi has intersected the highest-grade interval to date of 95.16 grams per tonne gold over 2.0 metres from 109 m in RC hole KBRC250. Drilling also continues to encounter wide zones of mineralization, with results [...]
Newcore Gold Ltd. is pleased to announce positive results from four 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 94.7% was achieved from column testwork completed on two composite samples from the Sewum Gold Deposit and two composite samples from the Boin Gold Deposit . Highlights from Column Test Results Four [...]
Newcore Gold Ltd. reports it has filed the technical report supporting the updated independent Preliminary Economic Assessment completed for the Company's 100%-owned Enchi Gold Project in Ghana. The PEA was prepared by BBA E&C Inc. in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The technical report, titled "Preliminary Economic Assessment for the Enchi Gold Project, Enchi [...]
Newcore Gold Ltd. is pleased to report the voting results from its Annual General Meeting of Shareholders held on June 29, 2021. Shareholders voted in favour of all resolutions set out in the Company's Notice of Meeting and Information Circular, dated May 21, 2021. 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. discusses results of its recently updated Preliminary Economic Assessment for its 100% owned Enchi Gold Project in Ghana. The PEA contemplates a technically simple, open pit mine and heap leach operation utilizing contract mining. The PEA highlights strong project economics with low capital intensity and establishes the potential for a robust project with significant growth potential. The PEA also [...]
Newcore Gold Ltd. is pleased to announce the positive results of an updated independent Preliminary Economic Assessment completed for the Company's 100%-owned Enchi Gold Project in Ghana. The PEA was prepared by BBA E&C Inc. in accordance with National Instrument 43-101 and contemplates a technically simple, open pit mine and heap leach operation processing 6.6 million tonnes per annum utilizing contract mining. The PEA [...]
Newcore Gold Ltd. is pleased to announce additional drill results from the 66,000 metre drill program underway at the Company's 100% owned Enchi Gold Project in Ghana. Drilling at the Boin Gold Deposit has intersected 0.90 grams per tonne gold over 69.0 metres from 55 m, including 2.06 g/t Au over 12.0 m from 61 m, and 3.50 g/t Au over 4.0 m from 39 m. These results are from a series of exploration holes, expanding the [...]
Newcore Gold Ltd. is pleased to announce additional drill results from the 66,000 metre drill program underway at the Company's 100% owned Enchi Gold Project in Ghana. Drilling at the Kwakyekrom Gold Target has intersected 0.61 grams per tonne gold over 50.0 metres from 148 m, including 1.36 g/t Au over 9.0 m from 164 m, and 1.19 g/t Au over 20.0 m from 112 m, including 2.75 g/t Au over 5.0 m from 113 m. These results [...]