Newcore GOLD LTD - Ghana explorer - Daily
last news:
that effective Monday, August 10th, 2020, the Company’s common shares will commence trading on the TSX Venture Exchange under the Company's new name, Newcore Gold Ltd. (“Newcore”) and its new trading symbol "NCAU". Newcore will have 79.9 million shares issued and outstanding with Management and Directors owning a 39% equity interest and institutional shareholders owning an approximate 20% stake.
The new name reflects a turning point and a renewed commitment to realizing the value of the Company’s 100% owned Enchi Project by advancing the current 1.1 million ounce inferred1 gold resource (37.4 million tonnes grading 0.90 g/t Au) located in Ghana, Africa’s largest gold producer. Newcore Gold offers investors a unique combination of top-tier leadership, who are aligned with shareholders through their 39% ownership, and prime district scale exploration opportunities. Enchi’s 216 square kilometre land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several 5 million-ounce gold deposits, including Kinross’ Chirano mine 50 kilometers to the north. Newcore’s vision is to build a responsive, creative and powerful gold enterprise that maximizes returns for shareholders.
last news:
that effective Monday, August 10th, 2020, the Company’s common shares will commence trading on the TSX Venture Exchange under the Company's new name, Newcore Gold Ltd. (“Newcore”) and its new trading symbol "NCAU". Newcore will have 79.9 million shares issued and outstanding with Management and Directors owning a 39% equity interest and institutional shareholders owning an approximate 20% stake.
The new name reflects a turning point and a renewed commitment to realizing the value of the Company’s 100% owned Enchi Project by advancing the current 1.1 million ounce inferred1 gold resource (37.4 million tonnes grading 0.90 g/t Au) located in Ghana, Africa’s largest gold producer. Newcore Gold offers investors a unique combination of top-tier leadership, who are aligned with shareholders through their 39% ownership, and prime district scale exploration opportunities. Enchi’s 216 square kilometre land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several 5 million-ounce gold deposits, including Kinross’ Chirano mine 50 kilometers to the north. Newcore’s vision is to build a responsive, creative and powerful gold enterprise that maximizes returns for shareholders.