Luke Alexander, President and CEO of Newcore Gold (TSX.V:NCAU – OTCQX:NCAUF) joins us to breakdown the PEA that was released yesterday. We discuss the profitability at a base case for gold of $1,650/oz and up to $1,850/oz. We also focus on some of the other fundamentals within the PEA including initial capital cost, the 200,000oz increase in the resource, and the amount of drilling that has been completed to date but was not included in the PEA.
If you have any follow up questions for Luke regarding Newcore Gold please email us at Fleck@kereport.com or Shad@kereport.com.
Click here to read over the full news release highlighting the PEA.