2 min listen
Newcore's Luke Alexander Talks Enchi Production Profile following its Updated PEA
Newcore's Luke Alexander Talks Enchi Production Profile following its Updated PEA
ratings:
Length:
20 minutes
Released:
Apr 25, 2024
Format:
Podcast episode
Description
Newcore Gold has published an updated preliminary economic assessment (PEA) for the Enchi Gold Project in Ghana.The PEA shows an increased overall production profile, a larger NPV, and an attractive IRR. The project has a low initial capital expenditure of $106 million and operating costs below $1,000 per ounce of gold. The strip ratio and gold recoveries have room for improvement, which could further enhance the project's economics. The company plans to focus on investor outreach and evaluate the next steps towards a preliminary feasibility study (PFS).
Released:
Apr 25, 2024
Format:
Podcast episode
Titles in the series (100)
Mining Stock Daily - July 16 2018 by Mining Stock Daily