Legal Information and Disclaimer

This website is owned and operated by Newcore Gold Ltd. (the "Company", "Newcore", "we", "us" or "our"). By using our website, you agree to the following terms and conditions:

  • our website is protected by copyright.
  • all materials (graphics, icons, HTML, javascripts, color schemes, multimedia, logos, photographs, copywriting, et al) that appear on this website are the Company's property and copyrighted by the Company.
  • other materials on our website not originally produced by us (some audio, video, trademarks, et al) are copyrighted by their respective creators/owners and appear here either by permission, example or as public domain reference material.

Currency of Website

We update the information on our website regularly. However, such information is not intended to be a comprehensive review of all matters and developments concerning the Company and we cannot guarantee the accuracy, currency or completeness of the information at all times and assume no responsibility in this regard. 

Cautionary Note Regarding Forward-Looking Statements

Our website includes statements and information about our expectations for the future. When we discuss our future financial or operating performance and other statements that express management's expectations or estimates of future developments, circumstances or results, we are making statements considered to be "forward-looking information" or "forward-looking statements" under Canadian and US securities laws, which we refer to collectively as "forward-looking statements" in this website.

Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "seeks", "believes", "anticipates", "plans", "continues", "budget", "scheduled", "estimates", "expects", "forecasts", "intends", "projects", "predicts", "proposes", "potential", "targets" and variations of such words and phrases, or by statements that certain actions, events or results "may", "will", "could", "would", "should" or "might" "be taken", "occur" or "be achieved".

Examples of Forward-Looking Statements contained on our website

  • statements relating to our vision and strategy
  • requirements for additional capital
  • our objective of entering into agreements with other parties to advance our projects
  • statements with respect to the future price of gold
  • forecasts relating to market developments and trends in global supply and demand for gold
  • statements regarding potential mineralization and mineral resources
  • information regarding drilling, metallurgical optimization, engineering and mine planning
  • the timing of future technical reports
  • production estimates at our properties and costs of production capital expenditures
  • our expectations regarding our mineral projects
  • our intentions and expectations regarding exploration at any of our mineral properties and the timing and success of our exploration activities generally
  • forecasts relating to mining, development and other activities at our mineral projects
  • statements regarding the permitting, development and production of any of our mineral projects
  • statements regarding future acquisitions of mineral properties
  • statements relating to the criteria we will use when assessing potential acquisitions
  • hedging practices
  • currency exchange rate fluctuations
  • environmental risks
  • unanticipated reclamation expenses
  • our intention to continue to make expenditures to ensure compliance with applicable laws and regulations
  • our belief that we will continue to be able to locate and retain professionals with the necessary specialized skills and knowledge
  • Newcore's general future plans and objectives for its mineral projects

Forward-Looking Statements in our website are based on a number of material assumptions, including those we have listed below, which may prove to be incorrect.

Material assumptions

  • the assumptions regarding market conditions upon which we have based our capital expenditure expectations
  • the availability of additional financing on acceptable terms, or at all
  • our mineral resource estimates and the assumptions upon which they are based are reliable
  • the accuracy of geological, mining and metallurgical estimates
  • the geological, hydrological and other conditions at our mineral projects
  • the success of our exploration plans at our mineral projects
  • our expectations regarding spot prices and realized prices for gold and other precious metals
  • market developments and trends in global supply and demand for gold meeting expectations
  • maintaining good relationships with the communities in which we operate
  • our expectations regarding foreign currency exchange rates and interest rates
  • our reclamation expenses
  • our ability to comply with current and future environmental, safety and other regulatory requirements, and to obtain and maintain required regulatory approvals without undue delay
  • our operations or the operations of third parties who own properties in which we have an interest are not significantly disrupted as a result of pandemics (including COVID-19), natural disasters, governmental or political actions, litigation or arbitration proceedings, the unavailability of reagents, equipment, operating parts and supplies critical to our activities, equipment failure, labour shortages, ground movements, transportation disruptions or accidents or other exploration and development risks
  • our ability to support stakeholders necessary to develop our mineral projects
  • that widespread epidemics or pandemic outbreak including the COVID-19 pandemic will have no or minimal impact to Newcore's business

Although we believe the expectations expressed in the Forward-Looking Statements are based on reasonable assumptions, these expectations are not guarantees of future performance and actual results and events may be significantly different from what we currently expect, because of the risks associated with our business. We list a number of these material risks below.

Material risks

  • global financial conditions
  • availability of capital and financing on acceptable terms
  • exploration, development and production risks
  • our exploration plans may be delayed or may not succeed
  • our mineral reserve and resource estimates may not be reliable, or we may encounter unexpected or challenging geological, hydrological or mining conditions
  • we may not be able to obtain or maintain necessary permits or approvals from government authorities
  • we may be affected by environmental, safety and regulatory risks, including increased regulatory burdens or delays
  • there may be defects in, or challenges to, title to our properties
  • we may be unable to enforce our legal rights under our existing agreements, permits or licences, or may be subject to litigation or arbitration that has an adverse outcome
  • commodity price fluctuations
  • accidents or equipment breakdowns may occur
  • cyclical nature of the mining industry
  • that widespread epidemics or pandemic outbreak including the COVID-19 pandemic will have a material impact on Newcore’s business
  • we may be affected by natural phenomena, including inclement weather, fire, flood and earthquakes
  • there may be changes to government regulations or policies, including tax and trade laws and policies
  • we may be adversely affected by changes in foreign currency exchange rates, interest rates or tax rates
  • our estimates of production, purchases, costs, decommissioning or reclamation expenses, or our tax expense estimates, may prove to be inaccurate
  • our operations or the operations of third parties to whom we transfer properties in which we retain an interest may be disrupted due to problems with our own or our customers' facilities, the unavailability of reagents or equipment, equipment failure, lack of tailings capacity, labour shortages, ground movements, transportation disruptions or accidents or other exploration and development risk
  • uncertainties and costs related to determining whether mineral resources or mineral reserves exist on a property
  • future sales by existing shareholders could reduce the market price of our shares

Other risks that affect our Company may be found in our continuous disclosure documents which are filed under our profile on SEDAR+ at www.sedarplus.ca. Although we have attempted to identify important factors that could cause actual results to differ significantly from those contained in our Forward-Looking Statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Forward-Looking Statements are designed to help visitors to our website understand management's current views of Newcore's near and longer term prospects and our operating environment. They may not be appropriate for other purposes. We will not update or revise Forward-Looking Statements on our website unless we are required to by securities laws.

Qualified Person under NI 43-101

The scientific and technical information in our website has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). All scientific and technical information is supervised and reviewed by Mr. Gregory Smith, P.Geo., Vice President of Exploration of Newcore and is a "Qualified Person" as defined in NI 43-101. Mr. Smith has reviewed and approved the scientific and geological technical information contained in our website.

Cautionary Note Regarding Mineral Resources and Mineral Reserves

Readers should refer to Newcore's current technical reports and other continuous disclosure documents that are available under our profile on SEDAR+ at www.sedarplus.ca for further information on the mineral resource estimates of our projects, which are subject to the qualifications, assumptions, risks, parameters and notes set forth therein, and for additional information relating to Newcore more generally. Mineral resources which are not mineral reserves do not have demonstrated economic viability. An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. Inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Many projects at the Inferred Mineral Resource stage do not ever achieve successful commercial production. Each stage of a project is contingent on the positive results of the previous stage and there is a significant risk that the results may not support or justify moving to the next stage.

Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources

Our website has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included in our website have been disclosed in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian disclosure standards, including NI 43-101, may differ from the requirements of the United States Securities and Exchange Commission ("SEC"), and resource and reserve information contained in our website may not be comparable to similar information disclosed by U.S. companies.

Exclusion of Liability

Newcore shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), loss of profits, opportunities or information arising from:

  • the use of or reliance on information contained in our website;
  • any inaccuracy or omission in such information or failure to keep the information current;
  • use of any third party websites linked to our website;
  • any Internet software used in connection with our website or computer viruses or other destructive programs encountered as a result of using our website; and
  • any other matter connected with our website; even if Newcore is made aware of the possibility of such claims, expenses, damages or losses.

Newcore Not Responsible for Internet Software or Computer Viruses

Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information contained on our website. Computer viruses or other destructive programs may also be inadvertently downloaded from our website. Newcore shall not be liable for Internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.

Newcore Not Responsible for Linked Websites

Newcore provides links to third party websites for your convenience only and the inclusion of these links does not imply that Newcore monitors or endorses these websites. Accordingly, Newcore accepts no responsibility for such websites.

Website is Provided as a Service Only

Our website is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by Newcore to that effect. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to Newcore and should not be used for the purpose of making investment decisions concerning Newcore securities. Printed copies of public disclosure documents may be obtained from the Company's Vice President, Investor Relations.

Stock Quotes

All stock quotes on our website are delayed at least 20 minutes unless otherwise stated. All stock quotes and historical stock price data are provided by third party service providers and are provided for informational purposes only, and are not intended for trading purposes. If you are contemplating trading in the securities of Newcore, we strongly advise you to seek independent professional advice before making any investment decision. Newcore makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided herein.

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