Newcore Gold Ltd. operates as an exploration company. The company is headquartered in Vancouver, British Columbia and currently employs 18 full-time employees. The company went IPO on 2010-06-23. The firm is engaged principally in the advancement and development of its 100% owned Enchi Gold Project (Enchi or the Project) in southwest Ghana. The Enchi Gold Project is located in southwest Ghana, along the eastern margin of the Sefwi gold belt that hosts multimillion ounce producing mines. Enchi includes six prospecting licenses and three license applications comprising a total of 248 square kilometers (km2) land package. The Project hosts an Indicated Mineral Resource of 41.7 million tonnes (Mt) grading 0.55 grams per tonne gold (g/t Au) containing 743,500 ounces of gold of an Inferred Mineral Resource of 46.6 Mt grading 0.65 g/t Au containing 972,000 ounces gold. Enchi’s 248 km2 land package covers 40 kilometers of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several multi-million-ounce gold deposits, including the Chirano mine 50 kilometers to the north.
Follow-Up Questions
Who is the CEO of Newcore Gold Ltd?
Mr. Luke Alexander is the President of Newcore Gold Ltd, joining the firm since 2020.
What is the price performance of NCAUF stock?
The current price of NCAUF is $0.461, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Newcore Gold Ltd?
Newcore Gold Ltd belongs to Metals & Mining industry and the sector is Materials
What is Newcore Gold Ltd market cap?
Newcore Gold Ltd's current market cap is $121.2M
Is Newcore Gold Ltd a buy, sell, or hold?
According to wall street analysts, 6 analysts have made analyst ratings for Newcore Gold Ltd, including 1 strong buy, 5 buy, 1 hold, 0 sell, and 1 strong sell