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. 163,695 Ounces of Average Annual Gold Production Over 12 Year Mine Life Bulk Tonnage UG Mining with Ore Sorting to Minimize Cost & Environmental
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Newcore Gold Files Technical Report for the Updated Preliminary Economic Assessment for the ... Newcore Gold Ltd.July 13, 2021 GMT VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) reports it has filed the technical report supporting the updated independent Preliminary Economic Assessment (“PEA”) completed for the Company’s 100%-owned Enchi Gold Project (“Enchi” or the “Project”) in Ghana. T...
(2) 1. 2. The 2021 resource models used ordinary kriging (OK) grade estimation within a three-dimensional block model with mineralized zones defined by wireframed solids and constrained by pits shell for Sewum, Boin and Nyam. Kwakyekrom used Inverse Distance squared (ID2). 3. A base cut-off grade of 0.2 g/t Au was used with a capping of gold grades varied by deposit and zone. 4. A US$1,650/ounce gold price, open pit with heap leach operation was used to determine the cut-off grade of 0.2 g/t Au. Mining costs of US$1.40 for oxide, US$2.10 for transition, and US$2.60 for fresh rock per mined to...