Denver Gold Group member

Newcore Gold

  • TSXv: NCAU
  • Developer (PEA/scoping)
  • Gold
  • Vancouver, Canada

Company profile

Newcore Gold Ltd. (TSX-V: NCAU, OTCQX: NCAUF) is advancing the Enchi Gold Project in southwest Ghana. The project’s 248 sq km land package covers 40 kms of Ghana’s Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold mines. A PEA completed in 2024 highlighted the robust economics of developing an open pit, heap leach mine at Enchi, with low capital intensity and strong leverage to the gold price. Enchi’s longer-term potential benefits from the district-scale exploration opportunity that is largely underexplored to date with both resource growth potential along strike and at depth. Newcore’s top-tier leadership is aligned with shareholders through their 13% equity ownership, and the Company has strong institutional investor support with ~55% ownership. A 60,000-metre drill program is underway with a focus on resource conversion and growth as we complete technical work required to advance the Enchi Gold Project towards a Pre-Feasibility Study in H1 2026.

At Mining Forum Australia

A Denver Gold Group member company

Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.

Peer groupthe five most similar Denver Gold Group members, 1 = most similar

RankCompanyStageMineralsPrimary operationsMarket cap2025 productionReservesMatch by factor
This companyNewcore GoldTSXv: NCAUDeveloperGoldGhana$83M
1Lahontan Gold CorpTSXv: LGDeveloperGold, SilverUnited States$117M
2Tesoro GoldASX: TSODeveloperGoldChile$110M
3STLLR GoldTSX: STLRDeveloperGoldCanada$186M
4Galway MetalsTSXv: GWMExplorerGold, ZincCanada$60M
5Tiernan GoldTSXv: TNGDDeveloperGoldChile$261M

close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.

Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.

BBG000QKCFC6

NEWCORE GOLD LTD

Security description
NCAU
Ticker
NCAU
Exchange code
CN
Security type
Common Stock
Security type 2
Common Stock
Market sector
Equity
FIGI composite
BBG000QKCFC6 ↗
Share class
BBG001T7RQW8 ↗

Financial Instrument Global Identifier record from OpenFIGI, as at 20 September 2026. The composite FIGI identifies the share in its country of listing; the share-class FIGI is the same on every market it trades on.