Newcore Gold Ltd. today announced that all resolutions were passed by the requisite majority at its annual general and special meeting held in Vancouver, British Columbia on August 19, 2020. PricewaterhouseCoopers LLP, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year. The Long-Term Incentive Plan of the Company was approved by the Company’s disinterested shareholders. Shareholders [...]
Newcore Gold Ltd. is pleased to announce the commencement of an 8,000 metre Reverse Circulation drill program on the 100% owned Enchi Gold Project located in Southwest Ghana. Highlights on the Enchi Gold Project Newcore has commenced an 8,000 metre Reverse Circulation drilling program focused on testing extensions of the existing 1.1 million ounce gold Inferred Mineral Resource Estimate 1 at Enchi The program is comprised [...]
Pinecrest Resources Ltd. is pleased to announce that effective Monday, August 10th, 2020, the Company’s common shares will commence trading on the TSXV under the Company's new name, Newcore Gold Ltd. and its new trading symbol "NCAU". Newcore will have 79.9 million shares issued and outstanding with Management and Directors owning a 39% equity interest and institutional shareholders owning an approximate 20% stake. Table [...]
Pinecrest Resources is pleased to announce the closing of the non-brokered private placement of 15,000,000 common shares previously announced on May 19th, 2020 at a price of $0.20 per common share for gross proceeds of $3.0 million. Post financing the Company has 79,951,297 common shares issued and outstanding with major shareholders including management and board 39%, Ruffer LLP 9% and other institutional investors [...]
Pinecrest Resources Ltd. is pleased to announce Ruffer LLP along with other institutional investors based in London, Hong Kong, Canada and the USA have purchased 10,925,000 common shares of Pinecrest from Kinross Gold Corporation at a price of $0.36 per common share representing approximately 17% of the issued and outstanding shares of the Company. Upon settlement of the purchase, Ruffer LLP will own 7,500,000 common [...]
Pinecrest Resources Ltd. is pleased to announce that it intends to conduct a non-brokered private placement of up to 15,000,000 common shares of the Company at a price of $0.20 per share for gross proceeds of up to $3,000,000 . The proceeds of the Private Placement will be used to advance the exploration and development of the Company's 100% owned Enchi Gold Project in Ghana and for general corporate purposes. Pinecrest [...]
Pinecrest Resources Ltd. announces that the Company is evaluating options to build value for its shareholders on the Company’s 100% owned Enchi Gold Project in Ghana, West Africa. As part of this review, given the recent rise in the gold price to US$1,500/oz and changes to both capital and operating costs since completion of the Preliminary Economic Assessment in 2016, the Company is evaluating the metal price [...]
Pinecrest Resources Ltd. today announced that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia on May 23, 2018. PricewaterhouseCoopers LLP, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year. Shareholders voted in favour of setting the number of directors at seven and the following incumbent directors were [...]
Pinecrest Resources Ltd. is pleased to announce drill results from its 3,400 metre Reverse Circulation drill program on the 100% owned Enchi Gold Project , located in Southwest Ghana, a region well-known for prolific gold resources and production. The Enchi Gold Project currently hosts a +1 million ounce inferred gold resource with a positive Preliminary Economic Assessment study completed demonstrating a Pre-tax NPV 5 [...]
Pinecrest Resources Ltd. is pleased to announce the commencement of a 3,000 metre Reverse Circulation drill program on the 100% owned Enchi Gold Project , located in Southwest Ghana, a region well-known for prolific gold production. Highlights on the Enchi Gold Project Pinecrest has commenced a RC drilling program testing shallow extensions of the existing open pit, one million ounce, Inferred gold resource at Enchi The [...]
Pinecrest Resources Ltd. today announced that all resolutions were passed by the requisite majority at its AGM held in Vancouver on May 31, 2017. PricewaterhouseCoopers LLP, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and information circular dated April 26, 2017, were [...]
Pinecrest Resources Ltd. is pleased to announce a 3,000 m RC drill program planned to commence during Q3, 2017 on the 100% owned Enchi Gold Project, located in Southwest Ghana, a region well-known for prolific gold production. The region hosts numerous historical and current operating open pit and underground gold mines located along strike to the northeast of the Project. All figures are in United States dollars, unless [...]