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Newcore Adds Exploration Licenses as it Heads Towards an Updated PEA
Newcore Adds Exploration Licenses as it Heads Towards an Updated PEA
ratings:
Length:
15 minutes
Released:
Feb 28, 2024
Format:
Podcast episode
Description
CEO Luke Alexander provides an update on Newcore Gold's Enchi project and the recent addition of the Omanpe license. The Omanpe license adds 32 square kilometers of prospective ground to the existing land package and is strategically located near the proposed heap leach operation. The company has completed an environmental and social baseline study, which further de-risks the project and supports the upcoming mining lease application. The updated preliminary economic assessment (PEA) is expected to show robust numbers, with a focus on the project's low capital expenditure and favorable NPV to CapEx ratio.
Released:
Feb 28, 2024
Format:
Podcast episode
Titles in the series (100)
Mining Stock Daily - July 16 2018 by Mining Stock Daily