Mining Stock Daily

"Sentiment at Beaver Creek is Most Bullish I've Seen in 10 Years" says Newcore CEO

Sep 16, 2025
Luke Alexander, CEO of Newcore Gold, shares insights from a recent mining conference that has generated an unprecedented wave of enthusiasm among investors. He highlights the excitement surrounding key projects like NSHE and the Enchi drilling initiative, which promises significant returns. The discussion delves into the current bullish market sentiment, a stark contrast to last year's caution, and explores the surge in mergers and acquisitions, particularly in Ghana’s thriving gold sector.
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INSIGHT

Strong Bullish Sentiment At Beaver Creek

  • Luke Alexander says Beaver Creek sentiment is the most bullish in a decade and schedule is packed.
  • New and institutional investors are actively seeking opportunities this year.
INSIGHT

Drill Program Targets Resource Conversion And Depth

  • Newcore is moving NSHE from a PEA to a PFS while running a 35,000m drill program to convert inferred ounces to indicated.
  • Phase two steps out to test exploration upside and high-grade feeder structures with a diamond rig.
INSIGHT

Deeper Feeders Could Unlock District Upside

  • Historical deep diamond drilling at NSHE is limited, only ~45 holes down to 250–400m, leaving high-grade feeders largely untested.
  • Newcore expects these deeper feeder zones could mirror larger Bibiani-belt deposits and drive growth.
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