Newcore Gold CEO shares insights on Ghana's district-scale gold project - PDAC 2024

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[{"type":"text","content":"Newcore Gold CEO shares insights on Ghana's district-scale gold project - PDAC 2024\n \n \n (NewsDirect)\n \n \n \n \n Newcore Gold (TSX-V:NCAU, OTCQX:NCAUF) CEO\nLuke Alexander sheds light on the promising future of the Enchi\nproject in Ghana, Africa's leading gold-producing nation and the\nsixth largest globally, in an interview with Proactive's Angela\nHarmantas at PDAC 2024.\n \n \n Alexander\nsaid the district-scale exploration project is underpinned by a robust\n2021 preliminary economic assessment (PEA), with an update planned for\nthe first half of this year, hinting at an expanded project scope.\n \n \n Ghana's rich history of gold\nproduction, boasting 200 million ounces of historical discoveries and\nhosting some of the world's largest gold producers, like Newmont,\nprovides a competitive yet promising arena for Newcore Gold.\n \n \n The company's strategic location and\nextensive exploration, including a 95,000-meter drilling campaign over\nthree years and multiple resource updates, are expected to culminate\nin a compelling 2024 PEA.\n \n \n Amid a strong gold market, Alexander\ndiscussed the project's anticipated economic strengths, referring\nto promising figures from the 2021 PEA—a $100 million capex for\n100,000 ounces of annual production and an after-tax NPV of $300\nmillion at an $1,850 gold price.\n \n \n \n Contact\nDetails\n \n \n \n \n Proactive North America\n \n \n \n Proactive\nNorth America\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2024 TheNewswire - All rights reserved.\n \n \n","length":2030,"tagName":"div"}]

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