Newcore Gold Ltd. release positive drilling results from Enchi Gold Project
Newcore Gold Ltd. has announced positive results from ongoing drilling at its fully owned Enchi Gold Project in Ghana. The company is executing a 35,000-metre drilling program aimed at enhancing the project’s resource base and upgrading existing Inferred Resources to the Indicated category, in preparation for a Pre-Feasibility Study slated for the first half of 2026.
Recent Reverse Circulation (RC) drilling at the Boin Gold Deposit, one of five deposits at Enchi, has revealed several significant gold intercepts: Hole KBRC357 yielded 4.41 grams per tonne (g/t) of gold over 24 metres, with a high-grade segment of 9.08 g/t over 10 metres. Hole KBRC360 intercepted 1.58 g/t over 52 metres, including a higher-grade zone of 3.04 g/t over 16 metres, and a secondary mineralized structure further down.
Continuous zones of mineralization
These results continue to demonstrate broad and continuous zones of mineralization, some of which extend below the current pit constraints, suggesting strong potential for resource expansion. In total, 11 RC holes (2,042 metres) were recently drilled at Boin, all of which encountered gold. Drilling was focused on both infill and expansion, targeting shallow oxide, transition, and sulphide mineralization. Results also support the continuity of gold structures along strike and at depth, providing confidence in the deposit’s scale and consistency.
Newcore’s broader strategy involves: Resource conversion and expansion across key deposits such as Boin and Sewum, advancing technical studies (metallurgy, hydrology, geotechnics, and environmental work), and exploration of new targets through soil sampling, trenching, and airborne surveys.
Currently, the Boin deposit holds an Indicated Resource of 258,200 ounces and an Inferred Resource of 349,600 ounces. The gold zone is defined by a six-kilometre-long soil anomaly and remains open in multiple directions, highlighting Enchi’s district-scale exploration potential. President and CEO Luke Alexander emphasized that these new drill results reaffirm the potential for significant resource growth at Enchi and align with the company’s long-term development goals.
