Proactive - Interviews for investors

Newcore Gold Enchi Project PFS targeted for June

Episode Summary

Newcore Gold CEO Luke Alexander joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the strong momentum the company is seeing as gold prices reach record highs and investor interest returns to the sector. Alexander described the conference as the most bullish he has seen in several years, noting the renewed engagement from both existing and new investors in the commodity sector. “This has been the most bullish PDAC that I've been to in the last number of years,” Alexander said, highlighting how the strength in gold prices is helping drive market sentiment. The discussion focused on Newcore Gold’s Enchi Gold Project in Ghana, a district-scale exploration project that the company is advancing toward a pre-feasibility study (PFS). Alexander explained that the project is already supported by robust economics outlined in a preliminary economic assessment, and the current work is aimed at further de-risking the asset ahead of the upcoming milestone. Newcore Gold is currently in the midst of a 45,000-metre drilling program at Enchi. The early stages of drilling focused on resource conversion and infill drilling to increase confidence in the existing resource. More recently, the company has shifted its attention toward resource growth exploration, including step-out drilling along strike and testing higher-grade structures identified across the project. Alexander also highlighted the company’s strong financial position following a $10.3 million warrant exercise, which fully funds the ongoing drill program and the PFS expected in June this year. The additional capital could also support expanded drilling and early work required to advance the project beyond the pre-feasibility stage. #proactiveinvestors #newcoregold #otcqx #ncauf #tsxv #ncau #pdac2026 #NewcoreGold #GoldStocks #GoldExploration #EnchiProject #MiningStocks #GoldPrice #PDAC #JuniorMining #ResourceInvesting #GoldMining #TSXV #OTCQX