Newcore Gold ’s Post

Discover the latest update from our client Montage Gold Corp. on their Koné Gold Project. The feasibility study indicates a promising after-tax NPV of $1.1B and an IRR of 31%. The incorporation of ore from the Gbongogo Main satellite deposit underscores the project's potential. ⚒️Impact of Gbongogo Main Deposit: The Gbongogo Main deposit represents 12% of the probable reserves and is expected to provide a pre-tax net cash flow of $350M in the initial three years of operations. ✅Future Development: The project aims to start constructing the Koné Gold Project by Q4 2024. They also plan to launch drilling activities on the Diouma North and Petit Yao satellite deposit targets. We're proud to have designed the figures in the release, turning complex data into clear visuals that enhance the narrative. This aids Montage in effectively delivering the intricate details of their exploration story to stakeholders. Read all the details of this release here 👉 https://lnkd.in/gYejEMrb #MineralExploration #FeasibilityStudy #DataVisualisation #ExplorationSites

Asara Resources is an ASX (#AS1) listed #exploration company with a portfolio of advanced minerals projects in #Guinea and Burkina Faso, West Africa and in Chile, South America. The Company’s flagship project is the advanced #Kada #Gold Project in Eastern Guinea. Guinea remains one of the most under-explored countries in West Africa. Asara has outlined an Indicated and Inferred Mineral Resource of 30.3Mt at 0.95g/t gold for 923Koz, the majority of which is shallow oxide gold mineralisation. Most of the 150km2 project area remains under explored and there is considerable upside to expand the oxide gold inventory. The team has completed a considerable amount of diamond drilling (4,500m) to ascertain the structural orientations of the deposit to ensure we are moving in the down the correct path and there are no surprises as we move towards potential development. This drill out of the Massan area has resulted in a resource that is over 25% indicated (global) and 40% of the oxide resource is now indicated. In addition to the large drill out of our Massan area, the company increased the work on Bereko (9km north of Massan). Bereko has been drilled out around 300m and yielded 18,000 ounces to date. The anomaly around Bereko extends for an additional 5km so there is potentially huge upside there. In addition to Bereko the company has identified six ”grassroots” targets along the 15km long belt, including the Sounkou and Nounkoun new discoveries. Sounkou in particular exhibits some of the fresh rock seen at AGA’s Siguiri Mine, just 35km away. Elsewhere, the company is exploring options to divest our 2 million ounce deposit in Burkina Faso and the team are confident to monetize this asset in 2024. In #Chile, the company has an ongoing, exciting, JV with Teck, one of the worlds largest copper miners. Teck are working aggressively on the Loreto Copper Porphyry having completed mapping and airborne geophysics in 2023.

🚢 Massive Expansion at Port of Annaba Significant development is underway at the Port of Annaba, Algeria, with the launch of extensive projects to extend the port and construct a new ore wharf. This initiative is part of Algeria's broader strategy to enhance its infrastructure and increase its capabilities in handling large-scale industrial cargo, particularly in the mining sector. The new facilities will not only boost the port's operational capacity but also its role in the global trade network. #PortDevelopment #Infrastructure #Annaba #Algeria #HeavyIndustry #GlobalTrade 🔗 En Algérie, les travaux d’extension et de réalisation d’un quai minéralier lancés au port d’Annaba https://lnkd.in/dm-cgwgV

We are on a mission to unlocking value in West Africa's prolific Birimian belt. 🔍 Our Fokolore Gold Project in Mali isn't just another venture. It's a strategic asset poised for growth: - ✅ Historic high-grade gold mineralization with intersections of 8m@8.99g/t Au and 15m@5.06g/t Au - ✅ Executing a 3-phase drilling plan to extend strike length from 2.3km to 3.5km - ✅ Rock chip sampling yielded impressive results, including 95g/t Au But we're not stopping there. Our team, led by industry experts, is actively seeking to expand our footprint in this gold-rich region. As global markets fluctuate, our strategic position in Mali's gold sector offers a compelling opportunity for growth and stability. Join us on this golden journey. Explore how Waraba Gold is shaping the future of mineral exploration in West Africa. #WarabaGold $WBGD #GoldInvesting #WestAfricaMining #ExplorationSuccess

Kibali, Africa's largest gold mine, and ARSP, the regulatory body overseeing subcontracting in the DRC, are teaming up to boost local content initiatives. This collaboration aims to further increase the mine's utilization of Congolese contractors and suppliers, aligning with Barrick's global policy of supporting local businesses and employing host country nationals. Since 2009, Kibali has already invested over $2.6 billion with local suppliers and boasts a workforce where 95% are Congolese nationals, including the general manager. Miguel Kashal Katemb, CEO of ARSP, commends Kibali's efforts, urging them to continue their impactful contributions to the local and wider Congolese economy. Read more here: https://lnkd.in/diiAhTiz #LocalContent #SustainableDevelopment #DRCCommunity #ZambiaMining #MiningMagazine #IndustryInsights #StayInformed #MiningNewsZambia

🚢 Massive Expansion at Port of Annaba Significant development is underway at the Port of Annaba, Algeria, with the launch of extensive projects to extend the port and construct a new ore wharf. This initiative is part of Algeria's broader strategy to enhance its infrastructure and increase its capabilities in handling large-scale industrial cargo, particularly in the mining sector. The new facilities will not only boost the port's operational capacity but also its role in the global trade network. #PortDevelopment #Infrastructure #Annaba #Algeria #HeavyIndustry #GlobalTrade 🔗 En Algérie, les travaux d’extension et de réalisation d’un quai minéralier lancés au port d’Annaba https://lnkd.in/eTqU4EuK

🚢 Massive Expansion at Port of Annaba Significant development is underway at the Port of Annaba, Algeria, with the launch of extensive projects to extend the port and construct a new ore wharf. This initiative is part of Algeria's broader strategy to enhance its infrastructure and increase its capabilities in handling large-scale industrial cargo, particularly in the mining sector. The new facilities will not only boost the port's operational capacity but also its role in the global trade network. #PortDevelopment #Infrastructure #Annaba #Algeria #HeavyIndustry #GlobalTrade 🔗 En Algérie, les travaux d’extension et de réalisation d’un quai minéralier lancés au port d’Annaba https://lnkd.in/eAbtHr-h

B2Gold speeds towards Q3 resource at Antelope, near Otjikoto mine in Namibia - The Northern Miner: B2Gold speeds towards Q3 resource at Antelope, near Otjikoto mine in Namibia  The Northern Miner

Toubani Resources Ltd (ASX:TRE) CEO Phil Russo sits down with Proactive's Jonathan Jackson to talk through the high-grade oxide #gold intersections from infill drilling at the 2.4-million-ounce Kobada Gold Project in Mali. The company highlighted a significant find with a screen fire assay of 2 metres at 178 g/t gold within a broader 19-metre intersection averaging 20 g/t from a depth of 105 metres. These results are instrumental for Toubani in converting the Kobada deposit to higher JORC-compliant confidence levels, potentially delineating higher grade zones within the deposit. Russo noted the program’s role in derisking and enhancing the value of the Kobada deposit and expressed satisfaction with the results, which align with the company’s goals of confirming significant widths and grades. Watch at #Proactive #ProactiveInvestors #ASX #TRE #goldexploration #asxsmallcaps https://lnkd.in/emTzN2Je

Barton Gold (#ASX:BGD) boosts JORC resource to 1.5Moz at Tunkillia with Area 51 upgrade, continues exploration for high-grade targets in 2024