Newcore Gold Announces Addition of Omanpe Prospecting License and Completion of an Updated Environmental and Social Baseline Study at the Enchi Gold Project, Ghana
VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) — Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce several positive developments at the Company’s 100%-owned Enchi Gold Project (“Enchi” or the “Project”) in Ghana. Newcore has increased the size of its district scale Project with the addition of the Omanpe license. Omanpe covers 32.12 km² and grows the size of the Enchi Gold Project to 248 km². In addition, Newcore has completed an updated Environmental and Social Baseline Study for the Project (the “2023 Baseline Study” or the “Study”), an important milestone in continuing to de-risk and advance the Project towards production. As previously reported, an updated Preliminary Economic Assessment (“PEA”) study for the Project is underway, with completion on-track for H1 2024.
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