Newcore Gold Reports Drill Results from Enchi Project in Ghana

Newcore Gold Ltd. has released new assay results from its ongoing 80,000-metre drill program at the Enchi Gold Project in Ghana. Recent diamond drilling at the Nyam deposit encountered 37.0 metres at 2.16 grams per tonne (g/t) gold, with a higher-grade intercept of 9.0 metres at 5.10 g/t gold.

The drilling targeted zones beneath the current mineral reserve pits, aiming to demonstrate the depth and lateral extent of the deposit. Newcore Gold states that these findings may support future resource expansion and project optimization, as they have not yet been incorporated into previous resource estimates or pre-feasibility studies.

With an average drill depth at the site historically limited to 100 metres, this program seeks to test deeper mineralization. The company plans to utilize these data points to update its economic modeling for the project, as the majority of the 51,661 metres reported to date have successfully encountered gold mineralization.