In the Business of Gold
Stock Code:
TSX-V: NCAU, OTCQX: NCAUF
Company Exposure:
Gold
Project Location:
Ghana
Newcore Gold (TSX-V: NCAU | OTCQX: NCAUF) is advancing its 100% owned Enchi Gold Project in southwest Ghana. The Project currently hosts an Inferred Mineral Resource of 1.41Moz of gold at 0.62g/t. Enchi’s district scale, 216 km2 land package, covers 40kms of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold deposits, including Kinross’ Chirano mine 50kms to the north. A 90,000m drill program was recently completed at Enchi focused on both testing extensions of the existing resource area while also testing a number of exploration targets. Newcore’s top-tier leadership is aligned with shareholders through their 24% equity ownership and is backed by one of the strongest boards in the sector. Our vision is to build a responsive, creative and powerful gold enterprise that maximizes returns for shareholders.
Investment Highlights
- Management & Institutional Backing
Top-tier team, successful track record of creating shareholder value - Incentivized Leadership
Management & Insiders own 24%, invested alongside shareholders - Golden Ghana
Top gold jurisdiction in Africa known for big, successful mines - Quality Asset
1.41Moz Inferred gold resource, near surface open along strike and at depth(1) - Robust PEA at Enchi
Open pit, heap leach, low capital intensity - Expansion Potential
90,000m resource expansion and discovery drill programme completed - Structured for Success
Strong capital structure, 138M shares outstanding and no warrants
