Newcore Gold Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Luke Alexander
- Full Time Employees
- 41
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 200 Burrard Street Vancouver BC Canada V6C 3L6
- IPO Date
- Apr 28, 2017
- CIK
- 0001627868
- Website
- newcoregold.com
- Similar Companies
- Business
- Newcore Gold Ltd. (TSXV:NCAU; OTCQX:NCAUF) is a Canadian gold exploration and development company focused on advancing its 100%-owned Enchi Gold Project in southwest Ghana. The Enchi project spans a 248 square kilometer district-scale land package along 40 kilometers of the prolific Bibiani Shear Zone, which hosts multiple multi-million-ounce gold deposits including Chirano mine 50 kilometers to the north; it contains an Indicated Mineral Resource of 743,500 ounces of gold at 0.55 g/t and an Inferred Mineral Resource of 972,000 ounces at 0.65 g/t, with all resource areas open along strike and at depth, numerous untested early-stage targets, and higher-grade feeder structures largely unexplored. The company offers exposure to a technically straightforward open-pit heap leach gold mining operation as outlined in its April 2024 Preliminary Economic Assessment, which demonstrates robust economics including low initial capital of approximately $106 million, short payback period, and strong leverage to gold prices, with plans for phased expansion including a potential CIL plant to boost production to 200,000-250,000 ounces annually. Newcore Gold, formerly Pinecrest Resources Ltd., was incorporated in 2010 and is headquartered at 200 Burrard Street, Vancouver, British Columbia, Canada. In recent developments, the company completed an oversubscribed $15 million financing in early 2025 exceeding its $12 million target with strong institutional backing, expanded its ongoing drill program from 35,000 meters to 45,000 meters targeting resource conversion, expansion, and high-grade zones ahead of an updated resource estimate and Pre-Feasibility Study targeted for H1 2026, and reported multiple high-grade intercepts including 184 g/t Au over 1 meter in September 2025 and 4.41 g/t Au over 24 meters in May 2025; it also announced $3.8 million in proceeds from warrant exercises in September 2025, bolstering its treasury to approximately $10 million with additional $10 million potential from in-the-money warrants. Management and the board, owning 15% of the company, maintain alignment with shareholders alongside institutional holders comprising 55% of ownership including Franklin, Aegis, Ruffer, and Merk.
Newcore Gold to Present at the Precious Metals & Critical Minerals Virtual Investor Conference on July 23, 2026
Newcore Gold to Present at the Precious Metals & Critical Minerals Virtual Investor Conference on July 23, 2026
Newcore Gold Drilling Intersects 3.51 g/t Gold over 21.0 Metres, Including 5.91 g/t Gold over 9.0 Metres, at the Enchi Gold Project, Ghana
Newcore Gold Drilling Intersects 3.51 g/t Gold over 21.0 Metres, Including 5.91 g/t Gold over 9.0 Metres, at the Enchi Gold Project, Ghana
Newcore Gold Announces Robust Pre-Feasibility Study for the Enchi Gold Project, Ghana
Newcore Gold Drilling Intersects 1.37 g/t Gold over 24.0 Metres, Including 1.93 g/t Gold over 12.0 Metres, at the Enchi Gold Project, Ghana
Newcore Gold Increases Drill Program to 80,000 Metres at the Enchi Gold Project, Ghana
Newcore Gold Increases Drill Program to 80,000 Metres at the Enchi Gold Project, Ghana
Newcore Gold Closes $15 Million Bought Deal Financing
Newcore Gold Announces Upsized $15 Million Bought Deal Financing
Newcore Gold Announces $10 Million Bought Deal Financing
Newcore Gold Drilling Intersects 1.23 g/t Gold over 33.0 Metres, Including 2.16 g/t Gold over 13.0 Metres, at the Enchi Gold Project, Ghana
Newcore Gold Files Technical Report for the Updated Mineral Resource Estimate for the Enchi Gold Project, Ghana
Newcore Gold Files Technical Report for the Updated Mineral Resource Estimate for the Enchi Gold Project, Ghana
Newcore Gold Drilling Intersects 1.59 g/t Gold over 15.5 Metres, Including 3.22 g/t Gold over 6.4 Metres, at the Enchi Gold Project, Ghana
Newcore Gold (OTCMKTS:NCAUF) Shares Down 3.7% – What’s Next?
CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026
Newcore Gold Announces Updated Mineral Resource Estimate for the Enchi Gold Project, Ghana
Newcore Gold (OTCMKTS:NCAUF) Stock Price Down 4.3% – Should You Sell?
Newcore Gold Increases Drill Program to 60,000 Metres at the Enchi Gold Project, Ghana