Luke Alexander, President and CEO of Newcore Gold (TSX.V:NCAU – OTCQX: NCAUF) joins us to recap the drill results released on June 1st from their Enchi Gold Project in Ghana.
We start by reviewing a few of the large step out drill results that have expanded on the overall strike of the project to around 4 km (from 2.4km), and how this has the potential to grow the known resources. Next we touch on the ongoing diamond drilling testing for higher grade material at depth below the Boin, Sewun, Kwakyekrom, and Nyam deposits. We then discuss the upcoming PEA to be released in the next few weeks. Luke then wraps us up with a few comments on the recent churn and trading volume in their shares.
If you have any follow up questions for the team at Newcore Gold please email me at fleck@kereport.com.
Click here to read over the full news release we discussed.
Click here to view the supporting maps showing the step out drill locations.