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Newcore Gold ( (TSE:NCAU) ) has provided an update.
Newcore Gold Ltd. announced promising drill results from its Enchi Gold Project in Ghana, particularly at the Sewum Gold Deposit, with significant gold mineralization intersected. The ongoing drilling program is confirming the continuity of gold deposits, indicating potential for resource growth and enhancing the confidence level of the existing Mineral Resource Estimate, which could positively impact Newcore’s operations and market positioning.
More about Newcore Gold
Newcore Gold Ltd. is a company operating in the mining industry, focusing on gold exploration and development. Their primary project is the Enchi Gold Project located in Ghana, where they are engaged in a 10,000-meter drill program aimed at resource growth and converting Inferred Resources to Indicated.
YTD Price Performance: 1.56%
Average Trading Volume: 154,978
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$66.93M
For a thorough assessment of NCAU stock, go to TipRanks’ Stock Analysis page.
