Newcore Gold Ltd. (TSXV: NCAU | OTCQX: NCAUF) has reported new diamond drilling results from the ongoing 45,000m drill programme at the 100%-owned Enchi Gold Project in Ghana, including the first visible gold ever encountered by drilling on the Project. The results highlight the potential for high‑grade mineralisation at depth and further resource growth across the Boin Gold Deposit.
Key Highlights
- First visible gold encountered by drilling on the Project.
- Diamond drill hole KBDD100 intersected 147.50 g/t Au over 1.0 m from 310 m (true width unknown, estimated vertical depth of 268 m).
- Hole KBDD100 intersected additional mineralized intervals including 1.63 g/t Au over 5.9 m from 257 m and 1.61 g/t Au over 5.4 m from 295.6 m.
- The hole was collared 200 metres south of previously reported hole KBDD098 which also intersected high-grade gold with 173.75 g/t Au over 1.0 metre from 264 m (true width unknown.
- Diamond drilling intersected high-grade mineralization in the upper portions of the fresh mineralization, targeting three high-grade zones identified at Boin.
- Six holes tested the down dip and lateral extensions to high-grade gold mineralization previously identified at Boin in three shoots within the central area of the deposit.
- KBDD102 intersected 3.22 g/t Au over 17.0 m from 327 m, with a second interval of 1.70 g/t Au over 25.5 m from 285 m.
- KBDD101 intersected 1.26 g/t Au over 16.0 m from 202 m, including 2.22 g/t Au over 7.0 m from 202 m.
- Drilling continues to prove out the potential for resource growth at Enchi by defining the higher-grade potential within the deeper fresh mineralization across the Project.
- To date, Boin has only been tested to an average vertical depth of 100 metres. Diamond drilling reported in this news release targeted mineralization within 200 to 300 vertical metres, reaching a maximum vertical depth of 312 metres.
- All deposits at Enchi, including Boin, remain open for further expansion to depth.
At Boin, hole KBDD100 intersected 147.5 g/t Au over 1.0m from 310m, marking the first occurrence of visible gold in drill core at Enchi. The hole was drilled 200m south of previously reported hole KBDD098, which returned 173.75 g/t Au over 1.0m. Hole KBDD102 also delivered high‑grade mineralisation with 3.22 g/t Au over 17.0m from 327m, as well as a second interval of 1.70 g/t Au over 25.5m from 285m. All six holes reported in this release intersected gold mineralisation.
Luke Alexander, president and CEO, commented, “This set of diamond drill results from our current drill programme continues to demonstrate the potential for resource growth to depth and the overall prospectivity of the mineral system at our Enchi Gold Project. With visible gold encountered in drilling for the first time ever at Enchi in hole KBDD100, with 147.5 g/t Au over 1.0m, this hole was collared 200 metres south of previously reported hole KBDD098 which also intersected high‑grade gold with 173.75 g/t Au over 1.0 metre. These results continue to confirm the high‑grade potential that exists across our Enchi Gold Project in Ghana. We are excited for an active year ahead as we continue to focus on unlocking shareholder value via the drill bit concurrently with advancement of the development of the Project towards completion of a Pre‑Feasibility Study by the end of H1 2026.”
VP Exploration Greg Smith added:
“We are excited that, for the first time ever, drilling has encountered visible gold on the Project. This set of drill holes tested to depth three high‑grade shoots previously identified at Boin, successfully intersecting mineralisation and continuing to extend these high‑grade shoots down dip. Drilling at Boin targeted mineralisation below a vertical depth of 200 metres, intersecting mineralisation to a maximum depth of approximately 300 vertical metres. This is the deepest drilling at Boin, with results continuing to prove out our geological model. We look forward to follow‑up drilling at Boin, as well as completing diamond drilling at the Nyam and Sewum Gold Deposits this year as we test the broader high‑grade potential at Enchi.”
The results reported today cover six diamond drill holes totalling 1,930m (KBDD099 to KBDD104). To date, 33,119m across 248 holes have been released from the ongoing programme at Enchi, with 98% of all holes intersecting gold mineralisation. Drilling continues to demonstrate continuity of mineralisation and extend high‑grade zones at depth, supporting potential future resource growth.
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