At the Precious Metals Summit in Zurich, Marc talks with Luke Alexander, President & CEO of Newcore Gold (TSX-V: NCAU, OTCQX: NCAUF), about the Enchi Gold Project in Ghana.
The Pre-Feasibility Study from June 2026 shows an after-tax NPV of about US$650 million at US$4,200 gold, an IRR of 45% and a payback of about 1.4 years, with production of just over 100,000 oz per year over 10 years. The company is valued at a market cap of around US$60 million, roughly 0.1× NPV.
Further topics:
- Ghana’s new mining code and royalties
- The fully funded 80,000 m drill program
- New high-grade results at Boin and Nyam, which are not yet included in the PFS
- Next steps: updated resource, mining lease application and feasibility study
On the share structure: 12% is owned by management and board, about 55% by institutions, and three analysts cover the stock.
#NewcoreGold #Gold #Ghana #Mining #PreciousMetalsSummit
Disclaimer: This interview does not constitute investment advice.
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