Newcore Gold: Delivering on a Multi-Pronged Exploration Approach
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Thu, March 31, 2022 at 12:00 PMendedReplay
Investor webinar replay
Meeting Overview The meeting focused on Nucor Gold's ongoing exploration efforts at the Enchi project, highlighting the success of their 90,000-meter drill program and recent discoveries. Key achievements and future strategies were discussed, along with insights into the company's valuation and market positioning. Key Discussion Points - Introduction of the Nucor Gold team and their roles. - Overview of the 90,000-meter drill program and its strong results, including three new discoveries. - Discussion on the company's valuation and market positioning, emphasizing that Nucor Gold is currently undervalued. - Insights into Ghana as a tier 1 mining jurisdiction and its advantages for Nucor Gold. - Details about the company's resource estimates, including the current 1.4 million ounces and potential for expansion. - Explanation of the Preliminary Economic Assessment (PEA) and its implications for future growth. Decisions Made - No explicit decisions recorded. Action Items & Next Steps -...
Luke Alexander brings extensive resource sector experience, knowledge and contacts to Newcore, particularly in West Africa. He has raised billions of dollars and structured deals for major mining companies while advising some of the world’s top institutional investment funds. Mr. Alexander began his investment banking career in the private client group at BMO Nesbitt Burns in Toronto, then started up an equity trading desk for Toronto Dominion in London before doing the same for National Bank. In 2008, he became senior partner at GMP Securities in London. Throughout his investment banking career, he helped fund many major resource projects in West Africa. In 2018, Mr. Alexander founded Park Road Capital, a Vancouver-based, natural resource focused consulting company where he continued to leverage his relationships in London.
Mr. Smith, P.Geo. is an exploration geologist with more than 30 years of experience. He has worked for both junior and senior mining companies in various parts of the world which has included the management of multi-million-dollar work programs that have been successful in outlining more than 10 million ounces of gold. Greg brings a broad range of experience from the evaluation of grass roots properties to supervision of advanced projects including resource and reserve estimation, oversight of geological and technical activities for active underground and open pit mining operations including grade control, QA/QC programs and NI43-101 compliance, and advanced technical and economic studies including Preliminary Assessments (Scoping Studies), Prefeasibility, and Feasibility Studies.
Mal Karwowska has over ten years of experience in the mining sector, spanning both corporate development and investor relations roles within publicly listed mining companies, as well as corporate finance and principal investing. She spent the first five years of her career in investment banking, focused on the mining sector, before transitioning to investment roles for mining focused funds. Her most recent experience also includes working with corporates in a business development and investor relations capacity. She holds a Bachelor of Commerce in Finance and Accounting from the Sauder School of Business at the University of British Columbia.
Replay transcript excerpt
Speaker 1: Hi everyone, Speaker 1: thank you for joining us today. For those of you who don't already know me, my name is Mal Karwoska Speaker 1: and I'm the VP Corporate Development and IR for Nucor Gold. I'm joined today by Nucor Gold's President and CEO Luke Alexander Speaker 1: as well as Nucor Gold's VP of Exploration Greg Smith. Speaker 1: We've had a very busy start to 2022 with our 90, 000 meter drill program at Enchi, Speaker 1: continuing to deliver very strong results, including the announcement of 3 new discoveries on the project from 1st Pass Drilling. Speaker 1: We look forward to taking this opportunity today to dive into more detail Speaker 1: on the results, as well as highlight the key achievements Speaker 1: from this ongoing exploration program at ENSCI, and of course answering your questions. Speaker 1: So before we get started, I do want to highlight that we will be making some forward-looking statements today. I encourage you all to visit our website where you can find the full cautionary language. Speaker 1: Please also note that there are some handouts available under the handouts tab. Speaker 1: Lastly, questions are highly encouraged. Speaker 1: After the presentation, Luke and Greg will be answering your questions. So please do make sure to submit those using the questions tab. So with that, I'll pass it over to Luke to kick things off. Speaker 2: Thanks Mel and hi everybody. Speaker 2: As Mel mentioned I'm Luke Alexander, President and CEO of Nucor Gold. I think the focus of today's presentation is really to highlight Speaker 2: the execution and the success that we've been having with our multi-pronged Speaker 2: exploration Speaker 2: approach at our Anchi project. Speaker 2: We do have a great district scale exploration Speaker 2: proj...
