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PDAC 2024: Newcore Gold Making Significant Advancements at the Enchi Gold Project in Ghana
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2024Mar 12
We caught up with Luke Alexander | President, CEO & Director of Newcore Gold | TSXV: NCAU | OTCQX: NCAUF to discuss the Enchi Gold project, Ghana as a mining jurisdiction, and plans for a PEA. Learn more about Newcore at https://newcoregold.com/ and join the CEO discussion at https://ceo.ca/ncau. --- With over 9 million users and 18 million monthly page views, CEO.CA is the most active stock market dashboard and community for small-cap investors from over 164 countries to engage and learn with message boards, news, executive interviews, expert analysis and sector driven content. Since 2012, CEO.CA has brought millions of investors together to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA Follow us on social media: Facebook -   / ceodotca   Twitter -   / ceodotca   Instagram -   / ceodotca   LinkedIn -   / ceodotca   TikTok -   / ceodotca   -------------------- DISCLAIMER REGARDING FORWARD LOOKING STATEMENTS AND INFORMATION This recording and information discussed in this video may contain forward looking statements and information that may constitute forward looking information under applicable securities laws. Such forward looking statements and information include, without limitation, statements based on current expectations involving a number of risks and uncertainties and is not a guarantee of future performance of Newcore Gold Ltd. This information is based on estimates and opinions of management on the dates that they are made and expressly qualified in their entirety by this notice. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, viewers should not place undue reliance on forward-looking statements. Newcore does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required by law. Viewers are encouraged to review the detailed Disclaimer as well as detailed technical disclosure that is available on Newcore Gold’s website (https://newcoregold.com). This video recording is for informational purposes only and is not a solicitation. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this video recording. ENCHI GOLD PROJECT TECHNICAL DISCLOSURE References to the Mineral Resource Estimate are from the technical report titled “Mineral Resource Estimate for the Enchi Gold Project", with an effective date of January 25, 2023, which was prepared for Newcore Gold by BBA E&C Inc. and SEMS Exploration Services Ltd. in accordance with NI 43-101 and is available under Newcore’s SEDAR profile at www.sedar.com. CIM definition standards were followed for the resource estimate. The 2023 resource models used ordinary kriging (OK) grade estimation within a three-dimensional block model with mineralized zones defined by wireframed solids and constrained by pits shell for Sewum, Boin and Nyam. Kwakyekrom and Tokosea used Inverse Distance squared (ID2). Open pit cut-off grades varied from 0.14 g/t to 0.25 g/t Au based on mining and processing costs as well as the recoveries in different weathered material. Heap leach cut-off grade varied from 0.14 g/t to 0.19 g/t in the pit shell and 1.50 g/t for underground based on mining costs, metallurgical recovery, milling costs and G&A costs. CIL cut off grade varied from 0.25 g/t to 0.27 g/t in a pit shell and 1.50 g/t for underground based on mining costs, metallurgical recovery, milling costs and G&A costs. A US$1,650/ounce gold price was used to determine the cut-off grade. Metallurgical recoveries have been applied to five individual deposits and in each case three material types (oxide, transition, and fresh rock). A density of 2.19 g/cm3 for oxide, 2.45 g/cm3 for transition, and 2.72 g/cm3 for fresh rock was applied. Optimization pit slope angles varied based on the rock types. Reasonable mining shapes constrain the mineral resource in close proximity to the pit shell. Numbers may not add due to rounding. Mineral Resources that are not mineral reserves do not have economic viability. Mr. Gregory Smith, P. Geo, the Vice President of Exploration of Newcore Gold, is the Qualified Person as defined by NI 43-101, and is responsible for the accuracy of the technical data and information. The company has paid for video production. The information contained in this video is not an offer to buy or sell securities. Do not base any investment decision upon any materials found in this video. Learn how to protect yourself and become a more informed investor at www.investright.org. #Mining #Gold #Investing

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