Newcore Gold - Drilling Update and Resource Growth Strategy For The 1.71Mil Oz Gold Deposit At The Enchi Project
We’re joined by Luke Alexander, President & CEO of Newcore Gold (TSX.V:NCAU - OTCQX:NCAUF), to discuss the latest results from the company’s ongoing 35,000m drill program at the Enchi Gold Project in Ghana. With recent highlights including 184 g/t gold over 1m and 3.1 g/t over 13m at the Kojina Hill target, the company is balancing resource expansion drilling with advancing toward a PFS.
Key Topics Covered:
- Drill results at Kojina Hill, including one of the highest-grade intercepts to date and the potential for future resource inclusion.
- The importance of deeper drilling to test high-grade feeder zones at the Sewum and Boin deposits.
- Funding position and upcoming warrant exercises that could add ~$13M to the treasury.
- Strategy for converting resources from Inferred to Indicated while growing beyond the current 1.71Moz resource base.
- Outlook for an updated resource estimate and upcoming PFS as catalysts.
If you have any follow up questions for Luke please email me at Fleck@kereport.com.
Click here to visit the Newcore Gold website.
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