(TheNewswire)
Toronto, ON - December 3, 2020 - Junior Mining Network - Newcore Gold Inc. (TSX.V: NCAU) hasbegun reporting results as part of the 58,000 metre drill program atits 100% owned Enchi Gold Project in southwest Ghana.
The latest set of assay results announced by the Company on November26, 2020 reported 1.38 g/t gold over 45.0 metres , including6.25 g/t gold over 6.0 metres. With two drill rigs turning on site anda recently closed C$15 million financing, Newcore is well positionedto grow its mineral resource estimate.
CEO Luke Alexander sits down with host Pat Beechinor and discusses theupcoming value drivers for the company:
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For further information, pleasecontact:
Mal Karwowska | Vice President, Corporate Development and InvestorRelations
+1 604 484 4399
info@newcoregold.com
www.newcoregold.com
About Newcore Gold Corp.
Newcore Gold is advancing its Enchi Gold project located in Ghana,Africa’s largest gold producer 1 . The Project currently hosts an Inferred Mineral Resource of1.2 million ounces of gold at 0.72 g/t 2 . Newcore Gold offersinvestors a unique combination of top-tier leadership, who are alignedwith shareholders through their 32% equity ownership, and primedistrict scale exploration opportunities. Enchi’s 216 km 2 land package covers 40kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt whichhosts several 5 million-ounce gold deposits, including Kinross’Chirano mine 50 kilometers to the north. Newcore’s vision is tobuild a responsive, creative and powerful gold enterprise thatmaximizes returns for shareholders.
Forward-Looking Statements
This news release containsforward-looking statements that involve risks and uncertainties, whichmay cause actual results to differ materially from the statementsmade. When used in this document, the words "may","would", "could", "will","intend", "plan", "anticipate","believe", "estimate", "expect" andsimilar expressions are intended to identify forward-lookingstatements. Such statements reflect our current views with respect tofuture events and are subject to risks and uncertainties. Many factorscould cause our actual results to differ materially from thestatements made, including those factors discussed in filings made byus with the Canadian securities regulatory authorities. Should one ormore of these risks and uncertainties, such as actual results ofcurrent exploration programs, the general risks associated with themining industry, the price of gold and other metals, currency andinterest rate fluctuations, increased competition and general economicand market factors, occur or should assumptions underlying the forwardlooking statements prove incorrect, actual results may vary materiallyfrom those described herein as intended, planned, anticipated, orexpected. We do not intend and do not assume any obligation to update these forward-lookingstatements, except as required by law.
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