Newcore Begins Process of Updating Enchi's PEA

In this episode of Mining Stock Daily, host Trevor Hall interviews Luke Alexander, CEO of Nucor Gold, about the company's plans to update the preliminary economic assessment (PEA) for the Enchi project. Alexander details the reasons for the updated PEA, highlighting the increased resource size, improved metallurgical recoveries, and de-risking efforts. He also discusses the company's financial position, upcoming milestones such as the environmental social baseline study and mining lease application, and his positive experiences and observations from the New Orleans Investor Conference, including bullish sentiment towards precious metals and the potential for a market reversal heading into the year's end. They also touched on the positive impact of gold companies on communities within Ghana, highlighting Nucor's commitment to de-risking the project and creating value for shareholders.