Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) is advancing its 100%-owned Enchi Gold Project in southwest Ghana.
The project’s 216 km2 land package covers 40 kms of Ghana’s Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold mines. The Company has drilled +90,000 metres since mid-2020, with a focus of unlocking the size and scale potential at Enchi. Drilling has meaningfully expanded the mineralized footprint at Enchi by defining potential resource growth at existing resource areas, identifying new discoveries from successful first pass drilling on early-stage targets, and intersecting high-grade gold in sulphide mineralization to depth. An updated PEA study is underway with completion anticipated in H1 2024.
Newcore’s top-tier leadership is aligned with shareholders through their 20% equity ownership and is backed by one of the strongest boards in the sector.
See Newcore Gold Ltd. at the Vancouver Resource Investment Conference.