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Newcore Gold Files Technical Report for the Updated Preliminary Economic Assessment for the ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Newcore Gold Files Technical Report for the Updated Preliminary Economic Assessment for the .
Newcore Gold Ltd.July 13, 2021 GMT
VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) reports it has filed the technical report supporting the updated independent Preliminary Economic Assessment (“PEA”) completed for the Company’s 100%-owned Enchi Gold Project (“Enchi” or the “Project”) in Ghana. The PEA was prepared by BBA E&C Inc. (“BBA”) in accordance with National Instrument 43-101 (“NI 43-101”) ....

United States , United Kingdom , Ghana General , British Columbia , Luke Alexander , Kinros Chirano , David Willock , Todd Mccracken , Gregory Smith , Mathieu Belisle , Joe Amanor , Greg Smith , National Instrument , Newcore Gold Ltd , Bba Ec Inc , Corporate Development , Metre Drill Program At Enchi , World Gold Council , Regulation Services Provider , Venture Exchange , Preliminary Economic Assessment , Enchi Gold Project , Economic Assessment , Inferred Mineral Resource , Mineral Resource , Project Economics ,

Newcore Gold Files Technical Report for the Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana


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The 2021 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 used Inverse Distance squared (ID2).
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A base cut-off grade of 0.2 g/t Au was used with a capping of gold grades varied by deposit and zone.
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A US$1,650/ounce gold price, open pit with heap leach operation was used to determine the cut-off grade of 0.2 g/t Au. Mining costs of US$1.40 for oxide, US$2.10 for transition, and US$2.60 for fresh rock per mined tonne and G&A and milling costs of US$6.83/milled tonne. The Inferred Mineral Resource Estimate is pit constrained. ....

United States , United Kingdom , Ghana General , British Columbia , Luke Alexander , Kinros Chirano , David Willock , Todd Mccracken , Gregory Smith , Mathieu Belisle , Joe Amanor , Greg Smith , National Instrument , Newcore Gold Ltd , Bba Ec Inc , Corporate Development , Metre Drill Program At Enchi , World Gold Council , Regulation Services Provider , Venture Exchange , Newcore Gold , Preliminary Economic Assessment , Enchi Gold Project , Economic Assessment , Inferred Mineral Resource , Mineral Resource ,

GR Silver Mining : Reports Wide Gold and Silver Zones from the Final Drill Holes to be Incorporated into the Plomosas Mine Area Resource Estimation

GR Silver Mining : Reports Wide Gold and Silver Zones from the Final Drill Holes to be Incorporated into the Plomosas Mine Area Resource Estimation
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