The Assay TV catches up with Luke Alexander, president, director, and CEO of Newcore Gold (TSXV: NCAU | OTCQX: NCAUF), a company currently focused on advancing its 100% owned Enchi Gold Project in southwest Ghana.
Luke tells us that Newcore has recently released an updated MRE for its Enchi Project, successfully outlining an inaugural indicated mineral resource of 743,500oz Au with substantial conversion from the inferred category to the indicated category. The MRE has also defined an inferred mineral resource of 972,000oz Au.
Luke also explains that the updated MRE has added a fifth deposit to the Enchi Gold Deposit, the Tokosea deposit, which proves the potential for mine life extension and district scale exploration.
Primary tickers: TSXV:NCAU, OTCQX:NCAUF
Stages of development: Exploration, Development
Project to promote: Enchi Gold
Project location: Ghana