Luke Alexander, President and CEO of Newcore Gold (TSX.V:NCAU – OTCQX:NCAUF) (“Newcore” or the “Company”) joins me to recap recent metallurgical testing news and provide a look ahead to an updated PEA the Company is working on.

Starting with the updated PEA, I have Luke outline the important changes filtering into the study. These key changes include the updated resource, now at over 1.7million oz of gold in indicated and inferred, updated cost estimates and results from the recently completed metallurgical test work.  The prior PEA was released in 2021.

Regarding the metallurgical test work, the Company, on November 21st, released results from bulk-scale pilot heap tests. This testing is a step above column testing. Luke explains the key differences between bottle roll testing, column testing and bulk-scale pilot heap testing. Across the board recovery results have been consistently above 90%, in the 91-92% range.

If you have any follow up questions for Luke please email me at Fleck@kereport.com.

Click here to visit the Newcore website and read over all the recent news releases.