A Tier-One Jurisdiction with Tier-One Potential
Newcore Gold (TSX.V: NCAU, OTCQX: NCAUF) is building momentum at its Enchi Gold Project in Ghana, Africa’s largest gold-producing country. With a strong foundation—a 248 km² land package roughly the size of Palm Springs—Newcore is executing a fully funded 35,000-metre drill program that is driving resource expansion and unlocking district-scale opportunities.
Robust Project Economics
In 2024, the company released a Preliminary Economic Assessment (PEA) that outlines a simple open-pit, heap-leach operation with strong economics. This PEA sets the groundwork for the next phase of development: a pre-feasibility study. With recent drill intercepts revealing high-grade gold mineralization and several deposits remaining open along strike, the company continues to build on a promising base.
A Path to Growth
Ghana is home to major producers like Newmont and AngloGold Ashanti, and Newcore’s presence in this tier-one jurisdiction adds further confidence to the project’s potential. As the company steps out with deeper drilling and explores new targets, it remains well-capitalized to complete its current drill program and deliver results over the coming years.
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